Gold Matrix Pending Pro
Gold Matrix Pending Pro is an automated Expert Advisor developed for trading XAUUSD (Gold). It utilizes a pending-order execution model to align with market movements without manual intervention. The system operates strictly according to predefined technical rules.
Strategy Overview
The Expert Advisor manages entries by placing Buy Stop or Buy Limit pending orders based on current market structure and user-defined distance parameters.
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Entry Logic: Orders are placed at configurable distances from the price.
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Trade Management: The EA dynamically manages open positions. Take Profit levels are automatically recalculated based on the weighted average price of all open positions.
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Exit Logic: Trades are closed via the common Take Profit level or an optional floating-profit target.
Volume and Recovery Logic
The Expert Advisor includes an optional volume management system that can adjust trade sizes if the position enters a drawdown.
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Volume Multiplier: Logic to increase trade volume for subsequent orders.
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Safety Limits: The volume increase is restricted by a maximum number of levels, a cooldown timer between activations, and a maximum total lot size cap.
Warning: Strategies that increase trade volume during drawdowns involve significant risk and require careful risk management.
Main Features
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Pending order execution (Stop / Limit)
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Automated Take Profit recalculation (weighted average)
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Optional floating profit closure (basket close)
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Configurable volume multipliers and limits
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Weekday-based trading filters
Recommendations
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Symbol: XAUUSD
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Timeframe: M30
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Account Type: MT5 Hedging accounts
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VPS: Recommended for continuous operation
Input Parameters
Order Settings
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PendingType: Select execution mode (Buy Stop or Buy Limit)
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OrderSpacing: Distance between pending orders
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TakeProfit: Target profit distance
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FloatingProfitTarget: Profit level for closing all trades (in account currency)
Volume & Risk
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MartingaleMultiplier: Volume coefficient for subsequent orders
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MaxMartingaleLevel: Maximum number of volume increase levels
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MartingaleCooldown: Time delay between volume increases
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MaxLotSize: Maximum allowed total lot size for safety
Time Settings
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TradingDays: Filter to enable or disable trading on specific weekdays
Risk Warning
This Expert Advisor is a technical trading tool. Trading financial instruments involves significant risk and may result in losses. Past performance does not guarantee future results. The user is solely responsible for all trading decisions.
