Aurora Gold Engine

Utility Description: Auto TP & SL Manager for XAUUSD

Overview

The Auto TP & SL Utility is an automated Expert Advisor (EA) designed specifically for MetaTrader 5 (MT5). Its primary function is to monitor your open positions in real-time and automatically apply Stop Loss (SL) and Take Profit (TP) levels if they are missing. This is particularly crucial for volatile assets like XAUUSD (Gold), where price swings occur rapidly.

Key Features

  • Instant Protection: Automatically detects any manual or EA-generated trade that lacks a TP or SL and applies them instantly.

  • Pips-Based Calculation: Define your risk and reward levels in Pips (e.g., 200 pips = $2.00 price movement on Gold).

  • Zero-Conflict Logic: It only modifies trades that have 0.0 as their TP or SL value, ensuring it doesn't overwrite your existing manual adjustments.

  • Magic Number Filter: Can be configured to manage only manual trades (Magic 0) or specific trades from other Expert Advisors.

Input Parameters

Parameter Description
InpStopLoss The distance from the opening price to set the Stop Loss (in Pips).
InpTakeProfit The distance from the opening price to set the Take Profit (in Pips).
InpMagicNum Set to 0 to manage manual trades. Enter a specific number to manage trades from another EA.

How to Use

  1. Installation: Copy the source code into your MetaEditor, compile it ($F7$), and ensure it appears in your MT5 Navigator under Experts .

  2. Deployment: Drag and drop the utility onto an active XAUUSD chart.

  3. Activation: Ensure the "Algo Trading" button in the MT5 top toolbar is green.

  4. Execution: Whenever you open a "New Order" (Buy or Sell) without setting limits, the utility will automatically fill the SL and TP fields based on your predefined settings.

Risk Warning

Note: Trading Gold involves high volatility. It is recommended to test this utility on a Demo Account first to ensure the Pip-to-Price conversion matches your broker's decimal precision (digits).


https://youtu.be/tt3MC8T2jtg?si=Zpxh9XbQhqntTGTS

https://youtu.be/tt3MC8T2jtg?si=Zpxh9XbQhqntTGTS


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Expert Advisor Risk Manager per MT5 è un programma molto importante e secondo me necessario per ogni trader. Con questo Expert Advisor sarai in grado di controllare il rischio nel tuo conto di trading. Il controllo del rischio e del profitto può essere effettuato sia in termini monetari che in termini percentuali. Affinché l'Expert Advisor funzioni, è sufficiente allegarlo al grafico della coppia di valute e impostare i valori di rischio accettabili nella valuta del deposito o in % del saldo
Trade Manager DaneTrades
Levi Dane Benjamin
4.28 (29)
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 5. Suppo
Take a Break MT5
Eric Emmrich
4.75 (24)
News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
Prop Firm Os
Gayathiri Gopalakrishnan
5 (1)
PROP FIRM OS Structured Trading Assistant for MetaTrader 5 PROP FIRM OS is a structured trading assistant designed for MetaTrader 5 users who prefer rule-based market analysis and organized trading workflows. The Expert Advisor combines market analysis tools, scanner functions, dashboard monitoring, alerts, risk-control settings, and trade management features inside one system. PROP FIRM OS is designed to help traders follow selected rules, filters, and monitoring conditions during trading activ
News Filter EA
Rashed Samir
5 (1)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify trading days and hours for your expert. The News Filter EA also includes risk management  and equity protection features. MT4 Version KEY
SMC Trade Pilot MT5 Assistente di trading semi-automatico per trader Smart Money Concepts. Ricevi segnali su Telegram con screenshot del grafico, poi piazza il trade con un singolo tap. Gestisci le tue posizioni dal telefono, anche lontano dal computer. Il problema che risolve I setup Smart Money non aspettano. Order Blocks e Liquidity Sweeps si formano durante l'apertura di Londra, di New York o nel mezzo della sessione asiatica, spesso quando sei al lavoro, in riunione o lontano dallo schermo.
Altri dall’autore
Expert Advisor (EA) is an automated trading robot designed specifically for the MetaTrader 5 platform, focusing on execution efficiency and strict risk management. Here is an in-depth explanation of its logic and features: 1. Core Strategy (Mean Reversion) This EA utilizes the Mean Reversion concept, which is based on the theory that prices tend to return to their average after moving significantly in one direction. RSI (Relative Strength Index) Indicator: Used to detect Overbought or Oversold c
FREE
This Expert Advisor (EA), titled Gold Block Sentinel , is designed to trade based on Smart Money Concepts (SMC) , specifically focusing on the interaction between Order Blocks (OB) and Fair Value Gaps (FVG) . Here is a detailed breakdown of how the EA functions: 1. Core Trading Strategy The EA follows a three-step confirmation process before entering a trade: Market Structure Break (BOS): The EA monitors the price to see if it breaks the previous high (for Bullish) or previous low (for Bearish)
FREE
What is SMC Market Structure Pro? SMC Market Structure Pro is an automated trading Expert Advisor for MetaTrader 5 , developed based on Smart Money Concept (SMC) and market structure analysis . The EA is designed to help traders follow the natural flow of the market , focusing on price structure instead of indicators or lagging signals. How Does the EA Work? The EA analyzes market structure changes using pure price action: Detects higher highs & higher lows for bullish structure Detects l
FREE
THIS EA IS MADE FOR THE XAU/USD PAIR WITH A BUY STOP AND SELL STOP STRATEGY. WHEN EITHER THE BUY STOP OR SELL STOP PENDING ORDER IS TRIGGERED, THE OTHER PENDING ORDER WILL BE CANCELED. THIS EA IS VERY SUITABLE FOR YOU BECAUSE: 1. EXECUTES 1 POSITION (SINGLE ENTRY) 2. HAS A TRAILING STOP (SL+) FEATURE USEFUL FOR SECURING YOUR PROFITS 3. NOT MARTINGALE FEATURES INCLUDED IN THIS EA: - FIXED LOT - PENDING ORDER - STOP LOSS (POINT) - TAKE PROFIT (POINT) - TIME FRAME - TRAILING STOP GET THIS EA NO
Aurora Gold EA – Expert Advisor Description Aurora Gold EA is an automated trading system designed for the XAUUSD (Gold) market, focusing on stable risk management and consistent execution . This Expert Advisor automatically opens Buy and Sell positions based on predefined trading conditions and applies a dynamic auto lot calculation of 1% equity per trade . ️ Key Features Automatic Buy & Sell Execution Trades are opened automatically without manual intervention once market conditions are m
This EA is an automated trading robot designed with a Breakout Trap strategy using an OCO (One-Cancels-Other) order management system. Core Logic & Features: Pending Order Trap: Instead of entering the market at the current price, the EA places "traps" above and below the current market price using Buy Stop and Sell Stop orders. OCO Logic (One-Cancels-Other): Once one of the pending orders is triggered and becomes an Active Position , the EA immediately deletes the opposite pending order. This e
Headging cc
Twin Fitersya
Expert Advisor Description Market Safe Trend EA is a fully automated trading robot designed to trade Forex and Gold markets using a simple and robust trend-following strategy. The EA is developed with strict compliance to MQL5 Market rules and is optimized to pass Automatic Validation without errors . This Expert Advisor works on netting accounts , automatically adapts trading volume based on available margin, and applies broker-safe risk controls to ensure stable operation across different
FREE
RSI 14 Expert Advisor – FINAL v1.31 RSI 14 Expert Advisor – FINAL v1.31 is a fully automated trading system for MetaTrader 5 (MT5) based on the classic Relative Strength Index (RSI) reversal strategy. This EA is designed to trade safely across Forex pairs, Gold (XAUUSD), and other CFDs , with built-in broker protection and risk management features. Trading Strategy Uses RSI period 14 as the main indicator BUY trades are opened when RSI reaches or falls below 30 (oversold condition) SELL t
FREE
This Expert Advisor (EA), titled Aurora Quantum Gold, is a trend-following automated trading system designed for the MetaTrader 5 platform. It primarily utilizes a combination of Exponential Moving Averages (EMA) and the Relative Strength Index (RSI) to identify entry points, while incorporating strict risk management protocols. ### Core Trading Strategy The EA enters trades based on the interaction between price action, a trend filter, and momentum. Trend Filter (EMA 50): The EA uses a 50
PatternCore Expert is a fully automated MetaTrader 5 Expert Advisor designed to trade based on price structure and chart pattern logic . The EA analyzes recent market highs and lows to identify potential trend continuation and reversal patterns , executing trades only when clear structure conditions are met. This Expert Advisor is suitable for traders who prefer price action–based strategies without relying on lagging indicators. ️ Trading Strategy Overview Pattern Structure Pro focuses on: Mar
Gold Recovery Master EA – Full Explanation Overview Gold Recovery Master is a fully automated Expert Advisor (EA) designed for MetaTrader 5. It uses a controlled recovery strategy combined with trend filtering to trade safely and efficiently, especially on XAUUSD and major Forex pairs. The EA applies a smart position management system, automatic lot calculation based on available free margin, and strict risk protection to prevent excessive drawdown. It is fully compliant with MQL5 Market require
Aurora Shield v1.14 - Smart Recovery & Volatility Guard Aurora Shield is a high-performance Expert Advisor (EA) designed for the MT5 Netting environment. It focuses on precision execution, advanced trailing management, and robust capital protection. Unlike standard EAs, Aurora Shield is equipped with a Survival Mode engine that dynamically adjusts to your account's health, ensuring stability even in high-volatility markets like XAUUSD (Gold). Key Features: Smart Margin Allocation (Survival Mode)
Core Strategy The EA initiates a trade based on market momentum. If the market moves against the initial position, the EA enters Recovery Mode , placing a counter-trend pending order at a strategic distance. This creates a "Recovery Zone" where the EA manages lot sizes and trailing stops to exit the entire basket in profit as soon as the market trends in either direction. Key Features Smart Zone Recovery: Mathematically calculated entry points to ensure a safe exit from sideways or trending mark
Aurora Equinox Utilities is a specialized management tool designed for the MetaTrader 5 (MT5) platform, specifically optimized for XAUUSD (Gold) trading. Unlike a standard trading bot that enters positions, this Expert Advisor (EA) acts as a dynamic risk management assistant, focusing on capital protection and profit maximization through an automated Trailing Stop strategy. Key Features Automated Trailing Stop: Once a trade reaches a specific profit threshold ( Trailing Start ), the bot automati
AURORA PULSE STOP is an automated trading system developed for MetaTrader 5 (MT5) , specifically optimized for Netting accounts. Its core strategy is designed to "hunt" price breakouts by placing Buy Stop pending orders at a specific distance from the current market price. 1. Core Trading Strategy The EA follows a Trend-Following/Breakout logic: Order Type: It strictly uses Buy Stop orders. It anticipates that if the price reaches a certain high, it will continue to move upward. Execution Trigge
is an automated trading system (Expert Advisor) specifically designed for the MetaTrader 5 (MT5) platform. It combines an Aggressive Scalping technique with a Smart Safety Filter system to protect your account from high-risk exposure and Margin Calls. 1. Core Strategy: Multi-Layer Scalping Unlike standard EAs that open a single trade, this EA is engineered to open up to 10 positions (layers) simultaneously when a signal is triggered. Tight Take Profit (TP): Targets a quick 10 pips . It is design
Aurora Trend Grid MT5 – The Elite Trend-Following Intelligence Aurora Trend Grid is a premium, high-performance Expert Advisor specifically engineered for XAUUSD (Gold) and major currency pairs like EURUSD . Moving away from traditional, high-risk "blind" grid systems, Aurora utilizes the Elite Trend-Following Grid logic—a sophisticated approach that combines the precision of trend analysis with the efficiency of smart averaging. Core Strategy: The "Smart-Patience" Logic Most grid EAs fail becau
Account Type: Netting & Hedging Instruments: BTCUSD, XAUUSD (Gold), and Major Forex Pairs (EURUSD, GBPUSD) Strategy Overview BTC Sharp Shooter is an automated trading system based on a Trend Following strategy. It combines the precision of Moving Average crossovers with volatility filtering through the Average Directional Index (ADX). The EA is designed to enter the market only when a trend is confirmed and possesses sufficient momentum, effectively minimizing the risk of being caught in consoli
Aurora Recovery Netting is a premium-grade, fully automated trading system (Expert Advisor) engineered specifically to extract profits from high-liquidity and highly volatile assets, with a primary focus on Gold (XAUUSD) and EURUSD . Powered by our latest production engine, this EA is strictly compliant with the rigorous demands of both Netting and Hedging account types. It offers a plug-and-play automation solution perfect for personal capital management as well as passing institutional Prop Fi
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