Magnex Gold Swing

Quantitative Expert Advisor for XAUUSD based on pending orders placed at structural market levels.
The system does not trade at market randomly: it identifies key price zones, positions itself in advance, and waits for the breakout. Multiple independent strategies work in parallel on the same instrument, coordinated by a trade management and protection protocol.

WHY CHOOSE MAGNEX GOLD SWING

• Multiple independent strategies: they operate on different timeframes to diversify entries based on session volatility.

• Flexible lot management: fixed lot or proportional to the account balance.

• News filter: thanks to the MT5 economic calendar, it removes pending orders before high-impact news and restores them once the event is over.
• Protection against false breakouts: if the market reverses strongly immediately after entry, the position is closed to contain the loss.
• Dynamic break-even and trailing stop: profit protection as soon as the price moves in favor.
• Adaptive Take Profit management: in case of prolonged drawdown, the target is readjusted to favor a quicker exit.
• Exposure control: limits on the number of open positions and orders.
• Time-based safety closure: positions are not left open beyond a maximum time.
• Rollover filter: no new orders during the day change, to avoid widened spreads and inefficient executions.

HOW IT WORKS

Install the EA on a single XAUUSD/GOLD chart. The chart timeframe does not affect its operation: each strategy internally uses its own timeframes and parameters.

IMPORTANT

Enable the economic calendar in your MT5 platform (Tools > Options > Community). The news filter works in demo and live; it has no effect in the Strategy Tester.

REQUIREMENTS

• Symbol: XAUUSD.
• Account type: Hedging mandatory.
• Lot: calculated based on the current account balance, or fixed.

DESIGNED FOR THOSE SEEKING A METHODICAL APPROACH
Magnex Gold Swing eliminates the emotional component and replaces it with objective rules: strategies that do not chase the market, but wait for it at its turning points.

RISK NOTES

Trading gold (XAUUSD) with leveraged instruments involves a high risk of capital loss. Past performance and historical tests are not a guarantee of future results. A thorough testing period on a demo account is recommended before using it on live accounts.