Gold Smart Trader
📌 Description:
GoldSmartTrader Lite is a clean and efficient trend-following EA designed for gold (XAUUSD) and adaptable to other instruments.
It enters trades when a breakout aligns with multi-timeframe trend confirmation and MACD filter.
This version includes customizable TakeProfit/StopLoss settings and supports up to 2 add-on positions per trade.
🔧 Key Features:
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Clean breakout-based entry (with lookback period control)
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Built-in 4H moving average trend confirmation
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MACD signal filter (optional deactivation upon request)
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Supports custom TP/SL in pips (or disable them by setting to 0)
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Add-on mechanism: up to 2 additional entries per trade
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Ultra-lightweight and optimized for fast backtesting
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Ready for MQL5 Market compliance (no DLLs, no hidden limits)
🛠️ Input Parameters:
| Parameter | Description |
|---|---|
| Lots | Fixed lot size for each order |
| Slippage | Slippage tolerance in points |
| BreakoutBars | Number of candles used to detect breakout |
| TakeProfitPips | TakeProfit in pips (set to 0 to disable) |
| StopLossPips | StopLoss in pips (set to 0 to disable) |
| MaxAddOns | Max number of add-on positions per order |
| AddOnTriggerProfit | Minimum floating profit (USD) to trigger add-on |
| MagicNumber | Identifier for EA's own trades |
| DebugMode | Enables log output for blocked entries/errors |
📈 Recommended Pairs & Timeframes:
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XAUUSD (Gold) – M30, H1
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EURUSD, GBPUSD – H1
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Other major pairs – H1 to H4 (after testing breakout strength)
📎 Notes:
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Set TakeProfitPips and StopLossPips according to your risk profile
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Ensure enough historical data is loaded for 4H trend analysis
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Can run multiple symbols simultaneously with unique MagicNumbers

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