Xauusd 5m sniper
- Experts
- Oghenevwegba Thankgod Emuowhochere
- Versione: 4.0
Free — 10 copies Join The EA [Dedicated Group] to download the EA settings and also for Live updates about the EA
Xauusd 5m Scalper v1 — Expert Advisor for MT5
A trend-following EA built for Gold (XAUUSD). It combines multi-timeframe trend filtering with a momentum-based entry trigger to trade only in the direction of the dominant trend — keeping it out of choppy, sideways markets.
Trades are only taken when multiple conditions align across timeframes. Risk is managed using account balance-based position sizing, so drawdown stays proportional regardless of account size. A deferred stop-loss system protects trades early, with a structure-based stop applied automatically as the trade matures.
Key Features
- Multi-timeframe trend filter — higher timeframe bias confirmed before entry
- Momentum-based entry trigger — signal must be confirmed, no guessing
- Risk-based position sizing — fixed % of account balance per trade
- Structure stop-loss — applied automatically after the trade matures
- Flexible take profit — choose R:R ratio or % distance from entry
- Direction control — run buy-only, sell-only, or both directions
- Critical drawdown guard — auto-closes position if DD limit is hit
- Built-in chart dashboard — live trade status and signal monitor
Recommended Setup
- Symbol: XAUUSD (Gold)
- Timeframe: M5
- Minimum deposit: $500
- Broker: Low spread / ECN recommended (Eg. ICMarket)
- Default risk: 1% per trade
For questions or setup help, feel free to message through the MQL5 comments section or the Dedicated Group.
Risk Disclaimer
Trading financial instruments involves substantial risk and is not suitable for all investors. Past performance does not guarantee future results. Only trade with capital you can afford to lose. The developer is not responsible for any losses incurred through the use of this EA.
