This EA is designed to run on XAUUSD (Gold) using the M5 timeframe. For best performance, follow the setup instructions below.
1) Installation
Open MetaTrader 5
Go to Navigator panel and locate the EA
Drag and drop the EA onto the chart
Select XAUUSD and set timeframe to M5
Enable Algo Trading (AutoTrading must be ON)
2) Inputs (Settings)
This EA uses a simplified input design for ease of use. Main inputs:
Magic Number: Unique ID used by the EA to manage its own trades
Risk per Trade (%): Position size is calculated automatically based on this value
3) Recommended Risk per Trade
Risk setting depends on your account type and risk tolerance.
Prop firm recommended:0.25% to 1.0% per trade
Safer setting:0.25% to 0.50% per trade
Maximum suggested:1.0% for better drawdown control
Note: Higher risk per trade may increase drawdown. Always follow your prop firm rules and personal risk tolerance.
4) Best Practice (VPS Recommended)
This EA is designed to trade automatically and should run continuously to avoid missing valid entries. It is strongly recommended to keep MT5 running 24 hours / 5 days.
Avoid missing trading opportunities that Compound Profit Overtime and Profit that Recover Loss entry
More stable execution during active market sessions
Improved long-term consistency
If you cannot keep your PC running continuously, use a VPS.
Strategy Tester Guide (How To Backtest Correctly)
To evaluate this EA properly, please test it using correct Strategy Tester settings. Incorrect tester settings can produce unrealistic results or cause the EA to behave differently.
Recommended Tester Setup
Platform: MetaTrader 5
Symbol: XAUUSD
Timeframe: M5
Deposit: Use a realistic deposit size (example: $1,000 or $10,000)
Leverage: Use realistic leverage based on your broker
Testing Model
Use Every tick based on real ticks (best accuracy)
If real ticks are not available, use the most accurate option available in your MT5
Important Notes About Backtesting
Backtest results may vary between brokers due to spread, commission, slippage, and execution speed
For best comparison, test using the same broker you plan to trade with
Make sure the EA is attached only to XAUUSD M5 during testing
Tip: For the most realistic evaluation, run a forward test on a demo account using a VPS for 1–2 weeks.
Past performance does not guarantee future results. Trading involves risk.
User Manual (Quick Guide)
This EA is designed to run on XAUUSD (Gold) using the M5 timeframe. For best performance, follow the setup instructions below.
1) Installation
2) Inputs (Settings)
This EA uses a simplified input design for ease of use. Main inputs:
3) Recommended Risk per Trade
Risk setting depends on your account type and risk tolerance.
Note: Higher risk per trade may increase drawdown. Always follow your prop firm rules and personal risk tolerance.
4) Best Practice (VPS Recommended)
This EA is designed to trade automatically and should run continuously to avoid missing valid entries. It is strongly recommended to keep MT5 running 24 hours / 5 days.
If you cannot keep your PC running continuously, use a VPS.
Strategy Tester Guide (How To Backtest Correctly)
To evaluate this EA properly, please test it using correct Strategy Tester settings. Incorrect tester settings can produce unrealistic results or cause the EA to behave differently.
Recommended Tester Setup
Testing Model
Important Notes About Backtesting
Tip: For the most realistic evaluation, run a forward test on a demo account using a VPS for 1–2 weeks.
Past performance does not guarantee future results. Trading involves risk.