Mr Bellik EA
- Experts
- Giuseppe Santangelo
- 버전: 2.69
- 활성화: 5
Product Description
Mr Bellik EA is a hedging Expert Advisor for MetaTrader 5 designed for XAUUSD trading on the M1 timeframe. It combines Bollinger Band-based entries, an optional moving-average trend filter, a time window for opening new series, an RSI filter for initial entries, and advanced basket management with dynamic take profit, trailing profit lock, emergency basket stop loss, and an optional daily profit cap.
The EA is built for traders who want a structured automated system rather than a simple one-entry robot. Instead of opening a single position and waiting for a fixed TP, it can build controlled baskets, average entries according to a configurable grid, and manage the entire basket as one unit with money-based exit logic.
Contact me for XAUUSD set file
Core Logic
The entry model is based on Bollinger Bands and price interaction with the band levels. The EA can use closed-bar confirmation or live touch detection, which gives the user flexibility between more conservative and more reactive execution styles.
An optional moving-average filter helps align entries with the broader market direction, while the RSI filter adds an extra layer of confirmation before a new initial series can be opened. A configurable trading window allows the user to restrict new entries to preferred market hours, while still keeping basket management active outside that window.
Basket Management
Mr Bellik EA includes a basket-oriented money management structure. It can calculate a dynamic basket target based on the number of positions and lot size, then protect accumulated profit using a trailing lock mechanism so the basket is closed only when profit retraces from the locked level.
The EA also includes a hard basket stop loss and an emergency exit based on moving average conditions. This makes it more flexible than a simple grid robot, because it is designed not only to add positions, but also to manage exposure and close baskets with defined risk controls.
Daily Control
The EA supports a daily profit cap, which stops new activity once the configured daily closed-profit target is reached. If enabled, it can also close all open baskets once the daily goal has been achieved.
This feature is useful for traders who prefer a disciplined end-of-day workflow and want the EA to stop after a predefined result is reached. It can help avoid overtrading during high-volatility sessions after the day’s objective has already been met.
Trading Window
A built-in trading window allows the user to define when the EA may start opening new positions. This is especially important for XAUUSD, where volatility and spread conditions can vary significantly by session.
The EA can be configured to trade only during the most liquid hours, while still preserving the ability to manage or close existing baskets if the market moves after the entry window has ended.
Manual Grid Control
The lot progression can be fully manual through a custom lot list, or simplified with a fixed lot after the grid list ends. This gives the user precise control over how the basket scales, which is useful for adapting the EA to different account sizes and broker conditions.
The manual lot model is particularly useful for users who want to keep the first levels light and the later levels more aggressive, or for those who want a flatter progression across the entire basket.
Strategy Profile
Mr Bellik EA is best described as a hedging grid basket EA with filters and management layers. It is not a martingale EA in the classic doubling sense, but it does scale positions as the market moves against the active basket, so proper risk control and broker selection are essential.
Because it works on gold, the system is naturally sensitive to spread, execution quality, and session volatility. For this reason, the EA includes spread control, cooldown between orders, maximum orders per side, and multiple filters to reduce low-quality entries.
Backtest Evidence
The 2025 backtest shows a highly active XAUUSD operation with frequent basket building and controlled exits. The report indicates that the EA traded throughout multiple market sessions and used both single entries and averaging sequences, confirming that the strategy is designed to exploit intraday movement rather than hold long-term directional exposure.
From the trade history visible in the report, the EA repeatedly opened initial positions and managed them with “Avg” entries, which is consistent with the intended basket workflow described in the code.
Recommended Use
This EA is suitable for traders who understand:
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grid and basket management.
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the impact of spread on gold trading.
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the need for broker compatibility and hedging accounts.
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the importance of backtesting and forward testing before live use.
It is especially important to test the EA with the exact broker conditions you plan to use, because XAUUSD pricing, spread, and execution speed can materially affect results.
Important Risk Note
As with any automated grid system, results can vary significantly depending on volatility, broker execution, and parameter selection. The strategy should be tested carefully on demo or in a controlled environment before live deployment.
Past backtest performance does not guarantee future results, and no configuration can ensure a fixed daily profit target in live markets.
