ByteVeyra XAUUSD mt5

Key Features

• Zero High-Risk Mechanics: Single-position execution per strategy ( Max Trades = 1 ). Never adds to losing trades.
• Dual-Engine Architecture:
  • Strategy A (M30): Intraday momentum breakout with M1 counter-candle filter and fast Break-Even protection.
  • Strategy B (H4): Macro trend defense with an asymmetric reward-to-risk ratio and multi-tier trailing stop.
• Timeframe Decoupled: Evaluates internal multi-timeframe data slices independently; chart timeframe does not alter entry signals.
• Adaptive Risk Management: Supports dynamic compounding lots and fixed lots, equipped with a spread filter and daily loss circuit breaker.
• Real-Time HUD Dashboard: Displays live spread, strategy status, rolling 1W/1M/Total realized profit, and floating drawdown.

Parameter Guide

1. General Settings

• EA_Magic_Prefix (Default: 928873 ): Magic number prefix. Strategy A and B are assigned 92887301 and 92887302 automatically.
• Order_Comment_Prefix (Default: "ByteVeyra_XAUUSD" ): Order comment prefix, automatically appended with _A / _B.
• Show_Info_Panel (Default: true ): Toggles the on-chart dark HUD dashboard.

2. Money Management

• Lot_Mode (Default: Dynamic Risk ):
  • LOT_MODE_DYNAMIC_RISK (Recommended): Dynamically scales at 0.01 lot per $500 USD equity.
  • LOT_MODE_FIXED : Trades strictly according to fixed lots.

3. Individual Strategy Controls

• Strategy_A_FixLot / Strategy_B_FixLot (Default: 0.01 ): Fixed lot size per trade (Fixed mode); set to 0 to disable.
• Strategy_A_Risk / Strategy_B_Risk (Default: 1 ): Risk multiplier (Dynamic mode, 1=Standard, 2=Aggressive); set to 0 to disable.

4. Risk & Protection

• Max_Spread_Pips (Default: 0.0 ): Maximum allowed spread in standard pips (1 Pip = $0.01 USD).
  • Universal broker compatibility: For both 2-decimal and 3-decimal Gold quotes, enter 35.0 to set a $0.35 USD spread cap. Pauses orders when spread exceeds threshold; 0 disables filter.
• Daily_Loss_Limit_Pct (Default: 0.0 ): Daily equity loss circuit breaker (%). Tailored for Prop Firm rules (e.g., set to 4.0 for FTMO challenges); 0 disables protection.

Recommended Presets & Capital Sizing

• $500 ~ $1,000: Dynamic Mode Risk = 1 , Max Spread 40.0 (0.01~0.02 lot base, minimal drawdown).
• $2,000 ~ $5,000: Dynamic Mode Risk = 1 , Max Spread 35.0 (Compounding growth).
• Prop Firm Challenges: Dynamic Mode Risk = 1 , Max Spread 30.0 , Daily_Loss_Limit_Pct = 4.0 .

Installation & Setup

1. Log into your MQL5 account in MT5 (Tools -> Options -> Community);
2. Open the "Toolbox" window ( Ctrl + T ) -> "Market" tab -> "My Purchases / Downloads" and install the EA;
3. Open a XAUUSD / GOLD chart (Recommended: M30 or H1);
4. Drag the EA onto the chart, check "Allow Algo Trading" in the Common tab;
5. Ensure the main "Algo Trading" button on the MT5 top toolbar is turned ON (green icon).