Draxion
- Experts
- Version: 1.0
- Activations: 10
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Draxion is an automated trading Expert Advisor designed to identify potential breakout opportunities on Gold(XAUUSD).
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Instead of relying on a single entry method, Draxion combines a medium-term breakout engine with a higher-timeframe breakout engine. Each system maintains its own trade identification, entry logic, stop-loss management and trade state.
Draxion is designed for traders who want structured breakout trading with automated position management and configurable risk controls.
Please note Draxion trades around 15 - 25 times per month, it's not actively trading every day.
KEY FEATURES
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Dual Trading Systems: Vega operates on M15 structures, while Nova analyses H1 structures.
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Automated Breakout Entries: Identifies qualifying price levels and establishes breakout trigger levels.
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Buy and Sell Trading: Supports both market directions.
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Independent Trade Management: Each system uses its own magic number and maintains separate trade state.
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Virtual Stop-Loss and Take-Profit: The EA actively monitors exit levels and manages positions.
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Breakeven Protection: Moves the virtual stop to a profit-locking level after the configured trigger is reached.
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Dynamic Trailing Stop: Follows favourable price movement to help protect accumulated gains.
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Profit Lock: Progressively protects a predefined level of profit after a larger favourable move.
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Economic Calendar Filter: Uses the built-in MT5 economic calendar to filter high-impact USD events, including NFP, CPI, FOMC and Federal Reserve rate decisions.
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Spread and Trading-Time Filters: Helps avoid entries when spread or trading-time conditions do not meet the configured requirements.
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Flexible Position Sizing: Choose fixed lots or percentage-of-balance sizing based on the configured initial stop-loss distance.
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Optional Recovery Mode: Allows the next trade's lot size to increase following a loss, subject to a maximum of three recovery steps.
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On-Chart Information Panel: Displays trading-system information and relevant market and trade-management status.
Recommended Broker Conditions
For XAUUSD, use:
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5 minute timeframe
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Raw spread / ECN-style account
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Low XAUUSD spread
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Competitive commission
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Good execution quality
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Low slippage
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Reliable MT5 server
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VPS located close to the broker's trading server
Avoid brokers/accounts with consistently wide gold spreads.
VPS Is Strongly Recommended
A VPS is highly recommended and effectively essential for serious automated operation.
This is particularly important because the EA uses tick-by-tick virtual trailing and active trade management. A stable VPS keeps MT5 connected to the broker and allows the EA to manage positions continuously without depending on your personal computer remaining switched on.
For best results, use a VPS with low latency/ping to your broker's trading server.
Recommended Starting Capital
The default lot size is set at 0.01.
As a practical minimum, I recommend approximately:
$100 starting balance per 0.01 but do your own backtests to find your own risk tolerance level.
You can also switch to % of balance per trade in the menu(default 1%).
Account Type
The EA is designed to work with MT5 hedging accounts.
Important
Trading leveraged financial instruments involves risk.
Always test the EA on a demo account first and use appropriate risk management before moving to a live account.
Price of EA will increase based on number of sales - final price $1999
Draxion is designed for traders looking for an automated, fast-reacting XAUUSD breakout system.
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