Robot Gold Hunter M5

Gold Hunter M5 is an automated trading system designed primarily for XAUUSD (Gold) on the M5 timeframe. The EA uses a combination of trend-following and momentum indicators to identify high-probability entry opportunities while incorporating several layers of risk and account protection.

Money Management

Parameter	Value
Fixed Lot Size	0.05 lots
Stop Loss	1,887 pips
Take Profit	2,664 pips
Risk Method	Fixed lot only
Grid/Martingale	Not used

The EA maintains a 1 : 1.41 Risk-to-Reward ratio

Risk Protection Features

Entry Protections

The EA can block new trades when:

• Maximum spread is exceeded.
• Maximum number of open positions is reached.
• Maximum total open lots are exceeded.

Daily Protections

Optional daily safeguards include:

• Maximum daily loss limit.
• Maximum daily drawdown percentage.
• Automatic reset at a specified hour.

If these limits are breached:

• All open positions may be closed.
• New entries are suspended until the next reset period.

Account Protections

The EA can automatically stop trading if:

• Equity falls below a minimum threshold.
• Equity exceeds a predefined profit target.
• Maximum account drawdown percentage is reached.

When triggered, the EA:

1. Closes all active positions.
2. Displays a warning message.
3. Removes itself from the chart.

Strategy Characteristics

Strengths

• Uses multiple confirmations before entering trades.
• Combines momentum, trend, and price action analysis.
• Includes extensive risk management tools.
• Built-in economic news avoidance system.
• No martingale or averaging techniques.

Limitations

• Uses a fixed lot size, regardless of account growth.
• The stop loss is relatively large (recommend calculate the SL and TP by your Money Managemnt System)
• Trading opportunities may be limited because all indicators must agree.
• Performance is highly dependent on market conditions, especially on XAUUSD M5.