ByteVeyra XAUUSD mt5
- Experts
- Version: 1.0
- Activations: 10
ByteVeyra XAUUSD MT5 is a professional multi-timeframe quantitative trading engine designed for Spot Gold (XAUUSD / GOLD). It integrates dual engines: Momentum Breakout and Robust Defense. No Martingale, no grid accumulation, and no naked positions. Every trade is protected by broker-side Hard Stop Loss (SL), Break-Even, and Trailing Stop.
Key Features
- Zero High-Risk Mechanics: Single-position execution per strategy ( Max Trades = 1 ). Never adds to losing trades.
- Dual-Engine Architecture:
- Strategy A (M30): Intraday momentum breakout with M1 counter-candle filter and fast Break-Even protection.
- Strategy B (H4): Macro trend defense with an asymmetric reward-to-risk ratio and multi-tier trailing stop.
- Timeframe Decoupled: Evaluates internal multi-timeframe data slices independently; chart timeframe does not alter entry signals.
- Adaptive Risk Management: Supports dynamic compounding lots and fixed lots, equipped with a spread filter and daily loss circuit breaker.
- Real-Time HUD Dashboard: Displays live spread, strategy status, rolling 1W/1M/Total realized profit, and floating drawdown.
Parameter Guide
1. General Settings
- EA_Magic_Prefix (Default: 928873 ): Magic number prefix. Strategy A and B are assigned 92887301 and 92887302 automatically.
- Order_Comment_Prefix (Default: "ByteVeyra_XAUUSD" ): Order comment prefix, automatically appended with _A / _B.
- Show_Info_Panel (Default: true ): Toggles the on-chart dark HUD dashboard.
2. Money Management
- Lot_Mode (Default: Dynamic Risk ):
- LOT_MODE_DYNAMIC_RISK (Recommended): Dynamically scales at 0.01 lot per $500 USD equity.
- LOT_MODE_FIXED : Trades strictly according to fixed lots.
3. Individual Strategy Controls
- Strategy_A_FixLot / Strategy_B_FixLot (Default: 0.01 ): Fixed lot size per trade (Fixed mode); set to 0 to disable.
- Strategy_A_Risk / Strategy_B_Risk (Default: 1 ): Risk multiplier (Dynamic mode, 1=Standard, 2=Aggressive); set to 0 to disable.
4. Risk & Protection
- Max_Spread_Pips (Default: 0.0 ): Maximum allowed spread in standard pips (1 Pip = $0.01 USD).
- Universal broker compatibility: For both 2-decimal and 3-decimal Gold quotes, enter 35.0 to set a $0.35 USD spread cap. Pauses orders when spread exceeds threshold; 0 disables filter.
- Daily_Loss_Limit_Pct (Default: 0.0 ): Daily equity loss circuit breaker (%). Tailored for Prop Firm rules (e.g., set to 4.0 for FTMO challenges); 0 disables protection.
Recommended Presets & Capital Sizing
- $500 ~ $1,000: Dynamic Mode Risk = 1 , Max Spread 40.0 (0.01~0.02 lot base, minimal drawdown).
- $2,000 ~ $5,000: Dynamic Mode Risk = 1 , Max Spread 35.0 (Compounding growth).
- Prop Firm Challenges: Dynamic Mode Risk = 1 , Max Spread 30.0 , Daily_Loss_Limit_Pct = 4.0 .
Installation & Setup
- Log into your MQL5 account in MT5 (Tools -> Options -> Community);
- Open the "Toolbox" window ( Ctrl + T ) -> "Market" tab -> "My Purchases / Downloads" and install the EA;
- Open a XAUUSD / GOLD chart (Recommended: M30 or H1);
- Drag the EA onto the chart, check "Allow Algo Trading" in the Common tab;
- Ensure the main "Algo Trading" button on the MT5 top toolbar is turned ON (green icon).
