Aurum Sentinel Gold
- Experts
- Version: 1.0
- Activations: 5
=== PRODUCT NAME ===
Aurum Sentinel
=== SHORT DESCRIPTION (one line) ===
Fully automated XAUUSD Expert Advisor with fixed lot, hard SL/TP on every trade, one position at a time. No grid, no martingale.
=== FULL DESCRIPTION ===
Aurum Sentinel is a fully automated Expert Advisor built for Gold (XAUUSD).
It waits for selected market conditions, opens one trade at a time with a fixed lot,
and always sends a hard Stop Loss and Take Profit together with the order.
Every trade also has a maximum holding time.
KEY FEATURES
- Designed for XAUUSD
- Fixed lot - no martingale, no grid, no averaging, no hedging of losing trades
- Hard Stop Loss and Take Profit on every order
- Only one position at a time
- Maximum loss filter: skips any trade whose stop would lose more than your limit
- Optional daily loss limit: no new trades after a set loss for the day
- Spread and slippage protection
- Works on hedging and netting accounts
- Easy setup: choose one of 3 trading modes
TRADING MODES
- Sentinel Max - the most active mode (default)
- Sentinel Pro - a balanced mode with extra filters
- Sentinel Core - the most selective mode, fewest trades
IMPORTANT: FIXED LOT AND THE SKIP RULE
1) Fixed lot
- Every trade uses exactly the lot you type in "Fixed lot".
- The lot NEVER increases after a loss and never grows with your balance.
To trade bigger, change the lot yourself.
- If your broker does not allow that lot, the EA rounds it to the nearest
allowed size (minimum / maximum / step) and writes this in the Experts log.
2) Skip rule (maximum loss per trade)
- Before every entry the EA calculates how much the trade would lose if the
Stop Loss is hit. If that loss is bigger than the limit, the trade is skipped.
- With the default setting (50 per 0.01 lot) the limit is:
Skip limit ($) = Lot x 5000
- Examples:
Lot 0.01 -> skip if the loss at SL would be more than $50
Lot 0.02 -> skip if the loss at SL would be more than $100
Lot 0.05 -> skip if the loss at SL would be more than $250
Lot 0.10 -> skip if the loss at SL would be more than $500
Lot 1.00 -> skip if the loss at SL would be more than $5000
- The limit grows with your lot automatically, so the EA behaves the same
at every lot size. Set the input to 0 to turn the skip rule off.
- This means the largest possible loss of one trade is about Lot x 5000 $
(plus slippage, swap and commission). Choose your lot with this in mind.
RECOMMENDATIONS
- Symbol: XAUUSD
- Chart timeframe: any (the EA uses its own internal timeframes)
- Minimum deposit: 300 USD per 0.01 lot [EDIT IF NEEDED]
- Broker: low spread on Gold, ECN/Raw account recommended
- VPS recommended for 24/5 running
- Run only ONE chart of Aurum Sentinel per account and symbol
INPUT PARAMETERS
General
- Trading mode - Sentinel Max / Sentinel Pro / Sentinel Core
- Magic number - unique ID of the EA's trades
- Trade comment - text added to each order
Position size & risk
- Fixed lot - lot size of every trade, never changed by the EA (default 0.01)
- Skip trade if max loss > $ per 0.01 lot - default 50, so the limit = Lot x 5000 $ (0 = off). See "Fixed lot and the skip rule" above
- No new trades after this day loss in $ - daily loss limit (0 = off)
- Block if ANY position exists on this symbol - do not trade while any other position is open on the same symbol
Filters
- Max spread in price ($) - no entry when the spread is wider (default 0.60)
- Max entry delay after bar open (seconds) - avoids late entries after gaps (default 600)
- Max slippage in points (default 30)
HOW TO START
1. Open an XAUUSD chart (any timeframe).
2. Drag Aurum Sentinel onto the chart and enable "Allow Algo Trading".
3. Choose a trading mode and your fixed lot, then press OK.
4. Make sure the "Algo Trading" button in the terminal toolbar is ON.
RISK WARNING
Trading Forex and CFDs involves substantial risk. Past performance, including backtest
results, does not guarantee future results. Test the EA on a demo account before using it live.
