Gold Buy Trader EA
- Experts
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George Aguilor
I am a seafarer by profession and a trader by passion. Spending long periods at sea gave me the time and discipline to study the markets in depth. Over the years, I began developing **Expert Advisors (EAs)** for my own personal trading—tools designed to save time, reduce stress, and execute trades - Versione: 3.0
- Attivazioni: 5
Gold Buy Trader EA (MT5)
Platform: MetaTrader 5 (Hedging accounts recommended)
Instruments: XAUUSD (Gold). Also works on other majors/indices at your discretion.
Timeframes: M5–W1 (multi-timeframe engine inside)
Dependencies: None
What it is for?
Gold Buy Trader EA is a discretionary-style algorithm that combines RSI + Stochastic signals across multiple timeframes (Scalp, Day, Swing) with optional grid/basket management, individual trailing stop, and hard basket stops by equity % or price level. It includes a clean on-chart dashboard, watermark, and one-click Close BUY / Close SELL / Close ALL buttons.
Important: This EA is a tool for disciplined execution and risk control. It does not guarantee profits. Always test on a demo first and use risk management appropriate to your account.
Key features
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Three strategy profiles in one EA
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Scalp (M5–M15) for frequent entries
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Day (H1–H4) for intraday swings
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Swing (D1–W1) for higher-timeframe trends
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Signal engine (per profile)
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RSI oversold/overbought filter (optional)
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Stochastic K/D cross with level filters
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One position per side per profile (configurable cap)
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Grid & basket (per profile, optional)
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Initial distance (pips)
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Distance multiplier & lot multiplier
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Max orders per basket
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Basket take-profit (in pips of average price)
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Basket trailing (start/step in pips)
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Hard basket stops (safety)
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Equity drawdown % threshold
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Price hard stop based on extreme open price ± offset
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Optional: act only when the grid is fully deployed
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Per-position trailing stop
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Start and step (pips), BUY/SELL handled correctly
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On-chart controls (clean & readable)
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Plain-text stats: Balance, Equity, P/L, Drawdown %, #Positions
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Optional background panel (resizable or auto-size)
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Watermark centered on chart (portable across builds)
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Buttons: Close BUY, Close SELL, Close ALL (current symbol)
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Tester-safe logging & UI behavior
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Quiet logs during Strategy Tester
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UI disabled in Tester to speed up runs
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Inputs (summary)
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General: Slippage, Magic numbers (Scalp/Day/Swing), Max positions per signal, Trailing on/off + start/step.
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Per Profile (Scalp/Day/Swing): Enable, TF, Lots, Allow Buy/Sell, Use SL, Use RSI filter, RSI Period/Levels, Stochastic K/D/Sl & Levels, SL/TP (pips).
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Grid/Basket (per profile): Enable, Initial distance, Distance multiplier, Lot multiplier, Max orders, Basket TP (pips), Use trailing, Trailing start/step.
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Hard Stops: Use equity stop (percentage), Use price hard stop, Points from extreme, Apply only after grid max, Close retries.
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UI/Panel: Show panel, Auto-size or fixed size (W/H, padding), Offsets, Colors, Font sizes (pre-tuned).
Full parameter names and defaults are included in the EA and tooltips. Keep defaults if unsure.
How it trades (logic overview)
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Signal check (per enabled profile):
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RSI filter (optional): buys only if RSI ≤ oversold; sells only if RSI ≥ overbought.
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Stochastic confirms with K/D relationship across the last 1–2 bars and level thresholds.
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If allowed and position cap not exceeded, sends a market order with optional SL/TP.
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Grid & basket (optional, per side):
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Adds orders at expanding distances (geometric), with geometric lot scaling (configurable).
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Calculates basket TP at average price ± basket pips.
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Optionally trails the basket TP as combined profit grows.
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Risk control:
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Trailing stop per position (BUY below price, SELL above price).
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Hard stops close the whole basket side if either equity DD% >= limit or price crosses the hard level built from the worst open price ± offset.
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Recommended settings / environment
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Account type: MT5 Hedging (so BUY and SELL positions coexist independently).
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Broker conditions: ECN, low spread, low slippage, stable connectivity.
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VPS: Strongly recommended for live use.
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Symbol: XAUUSD (default). Calibrate pips/SL/TP/grid distances for other symbols.
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Risk: Start very small. Grid/lot multipliers increase exposure—lower them if in doubt.
Setup (quick start)
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Attach EA to XAUUSD chart (any timeframe; EA uses your inputs’ TFs).
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In Inputs, keep defaults or change lots/filters to your preference.
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Decide whether to enable Grid/Basket and Hard Stops.
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Optional: enable panel background and set auto/fixed size.
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Click OK. On the chart you’ll see stats, watermark, and action buttons.
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Test on Strategy Tester first. Validate entries/exits and risk.
Disclaimers & risk
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This product is provided as-is.
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No profitability is guaranteed. Market conditions change and can invalidate any strategy.
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Grid trading can accumulate exposure; use conservative multipliers and strict stops.
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Only trade funds you can afford to lose. Past performance does not guarantee future results.
Change log (public)
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V.3.0
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Portable watermark centering (no anchors).
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Optional panel auto/fixed sizing; cleaner text stats.
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One-click Close BUY / Close SELL / Close ALL buttons.
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Robust hard-stop logic (equity % and price level).
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Tester-safe UI and logging.
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Support
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Questions or suggestions? Send a message via the MQL5 “Comments” tab.
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Please include your terminal build, broker, account type (hedging/netting), and a screenshot if UI-related.
