The Golden Missile

THE GOLDEN MISSILE — Automated Gold Trading for MetaTrader 5

THE GOLDEN MISSILE is an Expert Advisor for XAUUSD that combines swing-breakout entries, pending orders, automated stop management and an integrated performance dashboard.

Two selectable profiles are included: Ballistic Missile and Tactical Missile. Each profile uses its own entry and position-management rules. The supplied configuration selects Ballistic Missile.

Trading profiles

• Ballistic Missile uses multiple H1 swing-breakout rules with profile-specific entry levels, order lifetimes, protective stops and trailing settings.

• Tactical Missile combines H1 swing entries with an additional M30 component. It uses a different execution profile and should be evaluated separately. Tactical Missile remains an experimental profile.

The signal calculations use internal timeframes rather than treating the attached chart timeframe as a signal selector.

Order and position management

The EA places buy-stop and sell-stop orders when its entry conditions are satisfied. Initial Stop Loss and Take Profit levels are determined by the selected profile.

Trailing management adjusts protective stops when the relevant conditions are met. A spread filter restricts new pending entries when the spread exceeds the configured threshold.

Optional account guard settings can restrict further trading and, depending on configuration, cancel managed pending orders or close managed positions. These controls do not guarantee a maximum account loss.

Position sizing

Choose between fixed volume and balance-based sizing. The supplied preset uses balance-based sizing with a factor of 60.

This factor controls the volume calculation. It does not mean that 60% of the account is risked at the Stop Loss.

Submitted volume is normalized to the broker’s volume limits and step. Several positions or pending orders can create additional combined exposure.

The dashboard’s stop-risk estimate concerns one prospective base-lot order. It is not a portfolio loss limit and excludes gaps, slippage, future trading costs and optional randomization.

On-chart dashboard

The branded dashboard displays:

• Net trading cash flow for today, the current week and available matching history.
• Win rate and the number of fully closed positions.
• Winning, losing and break-even position counts.
• Floating profit or loss.
• The current base-lot estimate and estimated initial-stop exposure.
• Managed position count, pending-order count, spread and operating status.

Statistics follow the chart symbol and the base-magic family. Matching manual exits are attributed to the original position. Partial exits are grouped into one position when calculating closed-trade statistics.

Net figures include recorded trading commissions, swap and attributable fees. Break-even positions count as closed trades but not as wins. Information refreshes approximately every 15 seconds.

The dashboard remains enabled in the sale edition. Requests sent by the EA use the fixed comment THE GOLDEN MISSILE; broker-generated execution comments may differ.

Trading environment and setup

Platform: MetaTrader 5.
Primary instrument: XAUUSD, including the broker’s applicable symbol suffix.
Account type: Hedging. Netting accounts are not supported.
Internal signal data: H1, with an additional M30 component in Tactical Missile.

Install the EA, load the supplied preset and allow sufficient historical data to synchronize. Use distinct base Magic Numbers for independent configurations.

Do not switch the profile or base Magic Number while positions or pending orders from the previous configuration remain. Removing the EA stops its active management; broker-held orders are not automatically removed.

Version scope and testing

Version 1.01 contains a historical news-date filter covering 2026 only. It does not retrieve or maintain a live economic calendar.

Evaluate each profile using real ticks where available, representative commissions, variable spreads and realistic execution delay. Check operation on a demo account with the intended broker.

Execution and results depend on price feeds, contract specifications, spread, liquidity and broker order handling. Pending orders and protective stops can fill at different prices from those requested.

Backtests and dashboard examples are historical observations, not promises of future performance. Trading can result in loss of capital.

Product support is available through MQL5 product comments and private messages.