Svedix Daily Chance
- Experts
- Version: 1.0
- Activations: 20
Svedix Daily Chance — Automated XAUUSD Gold Trading
Svedix Daily Chance is an automated Expert Advisor (EA) for MetaTrader 5, designed specifically for trading gold (XAUUSD).
The system is built on analyzing previous daily price levels, multi-stage signal confirmation, and automated open position management.
Every trading day brings new opportunities.
Svedix Daily Chance tracks gold price behavior relative to key daily levels and identifies potential entry points based on sequential fulfillment of trading conditions.
Key Features
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Daily Analysis — Daily Gold Analysis
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Multi-Stage Signal Confirmation
Trading decisions are not based solely on reaching a specific price level. The algorithm analyzes the sequence of price movements and utilizes confirmation based on closed candles.
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Automated Trading
The EA autonomously executes algorithmic operations: market analysis, signal detection, order execution, and position management.
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Daily Volatility Filter
An additional filter accounts for gold's daily price range over previous days, preventing new positions from opening under unfavorable volatility conditions.
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Flexible Money Management
Three lot-sizing calculation modes are available:
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Fixed Lot — Fixed lot size.
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Balanced — Lot calculation based on account balance.
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Percent Lot — Initial lot calculation based on a set percentage of the account balance and the calculated distance to the Stop Loss.
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Automatic Position Management
The EA monitors the overall average price of open positions and employs internal mechanisms to manage profit targets and limit losses.
Specifications
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Trading Instrument: XAUUSD (Gold)
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Trading Platform: MetaTrader 5
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Trading Directions: Buy and Sell
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Trading Mode: Fully automated
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Money Management: Fixed Lot / Balanced / Percent Lot
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Filtering: Daily Volatility & Trading Spread
Setup Recommendations
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Attach Svedix Daily Chance to a XAUUSD chart in MetaTrader 5 and enable Algo Trading.
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Before launching on a live account, test the EA in the Strategy Tester while accounting for your broker's specific XAUUSD contract specifications, spread size, leverage, and margin requirements.
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Using a VPS is recommended for uninterrupted operation.
Risk Management
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Profit target and loss limiting mechanisms are executed programmatically. Therefore, the trading terminal must run continuously for them to function properly.
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Using the percentage calculation for the initial lot does not guarantee a fixed maximum risk for an entire series of positions.
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It is recommended to start with minimal lot sizes and thoroughly test selected settings on a demo account first.
Svedix Daily Chance — Daily Analysis. Smart Execution. Automated Gold Trading.
Trading financial markets involves risk. Past performance is no guarantee of future results.
