XAUUSD Trend-Following, Prop-Firm Compatible

Strategy: Trend-Following on XAUUSD

• The EA must use a trend-following strategy (no counter-trend scalping).

• You may:

  • Propose your own proven trend strategy for Gold, OR

  • Implement a structure we agree on (example: dual EMA, trend filter + pullback entry, etc.).

• Examples of acceptable logic (you can propose your own variation):

  • Moving average trend filter (e.g., price above EMA 200 = uptrend).

  • Entry on pullbacks or breakouts in the direction of the main trend.

  • Optional filters: RSI, ATR, volatility filters, session filters.

• No martingale, no grid, no arbitrage.

• Strategy must be clearly explained:

  • Entry rules

  • Exit rules

  • Filters

  • Risk and money management logic

⚙️ EA Features Required

• Fixed SL & TP + optional partial close

• Risk per trade in % of balance and fixed lot option

• Break-even and trailing stop options

• Spread & slippage protection (user adjustable)

• Max open trades filter (e.g., only 1–3 trades at a time)

• Trading time filters (e.g., disable during rollover or specific sessions)

• Option to disable trading around high-impact news (if possible)

• Equity protection:

  • Daily loss limit (for prop firm rules)

  • Max drawdown stop

• Magic number, comment, and order ID control

• On-chart panel/dashboard showing:

  • Current trend direction

  • Open position info

  • P/L, lot size, risk per trade, etc.

🧪 Testing & Proof Required

The developer must provide:

1. Backtests on XAUUSD:

   • At least 3–5 years history

   • High quality tick data (as much as possible)

   • Show results on at least one main timeframe (e.g., M15/H1/H4 – you can propose)

2. Detailed explanation of the test settings:

   • Timeframe

   • Spread

   • Initial balance

   • Risk settings

3. Recommended:

   • Basic optimization done for XAUUSD

   • Forward test / demo test if available

📄 Deliverables

• Complete EA file (.ex5)

• Source code (.mq5) – required