Gold Lance
- Experts
- Daichi Matsuki
- Versione: 1.0
- Attivazioni: 10
Gold Lance
Gold Lance is a preset Expert Advisor designed specifically for Gold (XAUUSD). It aims to keep the entry logic as simple and testable as possible during breakout conditions, while combining filters such as RSI to reduce low-quality entries.
This EA focuses on risk management through practical, transparent logic rather than exaggerated marketing claims (e.g., “AI / machine learning / quantum computer” buzzwords). It uses a DD% forced exit (Balance/Equity selectable) together with SL/TP, and an optional fixed-pips trailing stop.
To maintain consistent behavior, the core internal parameters are preset and locked. Only the settings that users may need to adjust—such as trading hours, maximum spread, and lot management—are available as inputs.
The current price is introductory. After the first 5 sales, the price will be updated to $98.
Recommended Setup
- Symbol: Gold (XAUUSD) only
- Timeframe: M30
- Account type: Hedging and Netting supported
Main Features
- No Martingale, no Grid
- Orders are always protected by a floating-loss (DD%) risk exit (Balance / Equity selectable)
- Easy to use with default settings
Inputs (User Settings)
- TradeStartTime / TradeEndTime — Trading session (server time)
- MaxSpreadPips — Maximum allowed spread (entries are skipped if exceeded)
- MAGIC — Magic Number for position identification
- UseCompound — Enable/disable compounding
- BaseLots — Base lot size
- CompoundMargin — Balance step for compounding
- DDBase — Drawdown base (Balance or Equity)
- ExitLossPct — Forced exit threshold (%)
- UseTrailingStop — Enable/disable trailing stop
- TrailingStopPips / MinProfitPips — Trailing settings
- ShowInfoPanel — Show/hide the information panel
Support
Support is provided via MQL5 Messages (the internal messaging system on MQL5.com).
After purchase, if you have any questions about the set file, installation instructions, broker symbol names (XAUUSD derivative names) or how to apply the recommended settings, please contact us via MQL5 messages.
Important Notes & Risk Disclosure
- This product is designed for Gold (XAUUSD). Trading is disabled on non-Gold symbols.
- Backtest results and past performance do not guarantee future results.
- Trading involves risk. Please use appropriate settings for your account size and risk tolerance.
- Using a VPS is recommended for stable execution.
