Orphira Gold

Orphira Gold is an automated trading system developed specifically for gold trading in MetaTrader 5. It combines adaptive trade management, equity-based position sizing and several layers of portfolio protection in one straightforward Expert Advisor.

The system continuously evaluates market conditions and opens trades only when its internal requirements are met. When a position moves against the expected direction, Orphira Gold may use carefully spaced recovery positions. Every additional order must pass exposure, margin and projected stress checks before it can be opened.

Main features

• Volatility-adaptive trade spacing

• Equity-scaled lot calculation

• User-defined maximum lot limit

• Projected basket stress testing

• Portfolio exposure controls

• Spread-cost and free-margin protection

• Trend and sudden-movement filters

• Maximum basket lifetime of 24 active market hours

• Protective trading pause around the New Year period

• Hard peak-equity drawdown circuit breaker

• Retry protection following rejected orders

• Automatic normalization to the broker’s permitted volume and price steps

The supplied settings use:

• Reference equity: 300 USD

• Symbol: XAUUSD

• Timeframe: Any

• Leverage:  1:500 for $300, and 1:300 and lower for $1000 and more balance

• Account: Low spread recommended. 

Risk protection

Before opening a recovery position, Orphira Gold estimates the possible basket loss under an additional adverse price movement. The order is blocked if the projected basket or total portfolio exposure exceeds the internal risk allowance.

The system also monitors spread cost, remaining free margin, current drawdown, position count, market volatility and directional movement.

If the hard account-level drawdown circuit breaker is activated, the EA attempts to close its managed positions and stops opening new trades. Trading remains stopped until the EA is manually restarted. Gaps, slippage and fast market conditions may cause the final drawdown to differ from the protection threshold.

Recommended setup

1. Open one chart for your broker’s gold symbol.

2. Attach Orphira Gold to the chart.

3. Enable algorithmic trading.

4. Keep the default inputs for your first test.

5. Use real-tick testing with your broker’s own historical data.

6. Test on a demo account before considering live trading.

7. Keep MetaTrader connected continuously or use a reliable VPS.

A hedging account is strongly recommended because the strategy may manage several positions as one basket.

Do not run multiple copies on the same symbol using the same magic number. Test each broker separately because trading conditions can materially change the result.

Risk notice

Orphira Gold uses recovery and multi-position trade management. This approach can increase account exposure and drawdown during persistent market movements.

No Expert Advisor can guarantee profits or eliminate trading risk. Historical testing does not predict future performance. Use conservative settings, monitor the EA regularly and trade only with funds you can afford to lose.