Gold Rider PRO MT5

A volatility-contraction breakout EA built around a linear regression channel, with independent, optional trend confirmation.

✅ Prop Firm Compatible · ❌ No Martingale · ❌ No Grid · ✅ Stop Loss on Every Trade

Gold Rider PRO does not guess direction from a single indicator. It measures when price has genuinely compressed relative to its own recent range, waits for that compression to resolve into a break, and only then considers a trade — with the option to require agreement from up to three independent trend filters before it does.

📊 The Core Model

A linear regression channel is fitted to price over a configurable lookback period. The EA continuously tracks the channel’s bandwidth against its own recent range, allowing it to distinguish between a market that is quiet and coiling 🔄 and one that is simply wide.

A trade is considered only when volatility contracts 📉 and price subsequently closes outside the channel 🚀 — helping identify potential breakout opportunities rather than chasing random price movements.

🎯 Staged Take-Profits

Every trade comes with three configurable take-profit levels:

• 🛡️ TP1 → Moves the stop loss to breakeven
• 🔒 TP2 → Moves the stop to the first target
• 🏆 TP3 → Closes the remaining position

This staged approach helps protect profits. If the market reverses after making partial progress, the trade is generally protected around breakeven or a small gain/loss, rather than giving back the entire move.

When momentum continues, the EA allows the position to run toward the final target 📈 instead of relying on a single fixed exit.

🧭 Optional Trend Confirmation

Add an extra layer of confirmation with three independent trend filters, each configurable on its own timeframe:

• 🏗️ Market Structure — Detects a break of the latest confirmed swing high or swing low
• 📈 EMA — Checks price position and, optionally, the EMA slope
• ⚡ Supertrend — Uses an ATR-trailed band to identify trend flips

Filters can be combined using either:

✅ All Must Agree — Maximum confirmation and stricter entries
🎯 Majority Mode — Requires the majority of enabled filters to agree

The EA is designed to remain flexible. Market Structure is enabled by default, while the additional filters can be enabled and tested according to your preferred trading style.

💰 Smart Position Sizing

Choose between:

🔢 Fixed Lot Size — Trade a consistent lot size on every position.

📊 Automatic Risk-Based Sizing — Let the EA calculate the appropriate lot size based on a percentage of:

• 💵 Account Balance
• 📈 Account Equity
• 💳 Free Margin

The calculation uses the actual distance to the stop loss for each individual trade, helping keep your intended risk consistent even when stop-loss distances vary.

🚀 Key Features

• 📊 Regression Channel Breakout Entry — Configurable channel length, deviation, and contraction threshold for identifying potential breakout setups.
• 🎯 Three-Stage Take-Profit System — Three configurable targets with automatic breakeven protection and trail-to-TP1 stop management.
• 🧭 Optional Trend Filters — Three independent filters — Market Structure, EMA, and Supertrend — each with its own configurable timeframe and settings.
• 💰 Smart Position Sizing — Choose between percentage-based risk or fixed-lot sizing, with a built-in margin-aware position size cap.
• 📅 Day-of-Week Trading Control — Enable or disable trading for each day individually, giving you complete control over when the EA is allowed to trade.
• 📈 Complete Visual Trade History — View entries, stop losses, all three take-profit levels, exit markers, and trade results directly on the chart for both live and historical trades.
• ⏪ Historical Signal Replay — Automatically replays historical signals when the EA is attached, allowing you to see the strategy's behaviour immediately without waiting for new setups.
• 🖥️ Live On-Chart Dashboard — Monitor the current filter states and market contraction status directly from the chart.
• 🖱️ Interactive Hover Tooltips — Hover over chart elements to view exact prices, R-multiples, and relevant settings.
• 🧹 Clean, Self-Contained Chart — Everything is displayed directly on the chart with no dependency on external indicators.

Trade Management

• Martingale: ❌
• Grid: ❌
• Stop Loss on every trade: ✅
• Trailing Stop: ✅
• Break Even: ✅
• Prop Firm Ready: ✅

Requirements

• Platform: MetaTrader 5
• Symbol: XAUUSD (Gold)
• Chart Timeframe: M15 ✅
• VPS: Strongly recommended ✅

🎯 Recommended Use

The EA is primarily built and tested on XAUUSD (Gold) 🥇 using the M15 timeframe.

While the underlying strategy is symbol-agnostic and can be applied to other instruments, performance and optimal settings may vary significantly from one market to another.

Because the regression channel and contraction threshold are relative measures 📊, settings optimized for one instrument's volatility profile may not work equally well on another.

👉 Always backtest and optimize the core parameters — including:

• 📏 Channel Length
• 📐 Channel Deviation
• 📉 Contraction Threshold
• 🎯 Take-Profit Multipliers

Test the EA using the specific symbol, broker, spread, and trading conditions you intend to use before deploying it on a live account.

⚠️ Risk Warning

🥇 Trading gold carries significant risk. Market conditions can change rapidly, and losses can occur.

📉 Past performance does not guarantee future results.

💰 Only trade with capital you can afford to lose.

🧪 Always test thoroughly on a demo account and conduct your own backtesting before considering live deployment.