Trend Following Intraday
- Experts
- 버전: 6.18
Product Name: Trend Following Intraday (5min entry) EA
Product Description:
Trend Following Intraday (5min entry) is an automated Expert Advisor developed for the MetaTrader 5 platform. It is designed to identify and follow intraday trends, primarily optimized for XAUUSD (Gold). The EA does not employ grid trading, Martingale, counter-trend averaging, or any risk-compounding strategies.
Core Strategy:
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Multi-timeframe confluence is used to filter market noise and determine the dominant trend direction.
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Entry signals are generated only when multiple independent confirmations align with the higher‑timeframe trend.
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The EA avoids opening positions in sideways or low‑volatility conditions through built‑in oscillation filters.
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Each trade is protected by a fixed stop‑loss that adapts to current market volatility, with a predefined risk per trade.
Exit and Risk Management:
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A graduated take‑profit mechanism is applied:
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Partial closure at a predefined risk‑reward ratio to secure initial gains.
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Dynamic trailing stop and conditional partial exit to protect profits as the trend develops.
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Full position closure when the trend termination is detected.
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Consecutive loss protection: after two losing trades in a row, new entries are suspended and existing positions are partially reduced.
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Minimum equity guard: new positions are blocked when account equity falls below a user‑defined threshold.
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Maximum lot size is capped at 1.0 lot to prevent over‑trading.
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Only one position per symbol is allowed at any time, ensuring clear position management.
Operation and Compatibility:
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The EA runs on the M5 timeframe and is compatible with all brokers offering XAUUSD, XAUUSDm, GOLD, or similar symbols.
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It supports three trading directions: Both, Long Only, and Short Only.
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Default parameters are pre‑optimized; advanced users may adjust lot size, stop‑loss multiplier, risk‑reward ratio, and risk thresholds.
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The EA operates with low computational load, refreshing signals only on each M5 bar.
Recommended Settings:
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Symbol: XAUUSD / GOLD (any broker‑specific code)
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Timeframe: M5 (fixed)
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Account: ECN or low‑spread account recommended
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Minimum deposit: 2000 USD (suggested for adequate risk buffer)
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Leverage: 1:500 (typical for Gold)
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VPS: 24/7 stable connection is recommended
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Order filling: FOK (Fill or Kill)
Installation and Usage:
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Attach the EA to a XAUUSD M5 chart in MetaTrader 5.
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The default parameters are ready for live use; no additional configuration is required for beginners.
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The EA operates fully automatically – opening, managing, and closing positions based on its internal logic.
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It is strongly recommended to test the EA on a demo account for at least one to two weeks before live deployment.
Disclaimer:
Trading Gold (XAUUSD) involves substantial risk due to high volatility. Past performance, whether from backtesting or live trading, does not guarantee future results. Market conditions, broker spreads, slippage, latency, and liquidity may affect actual trading outcomes. This EA incorporates comprehensive risk controls, but no system can eliminate all trading risks. Users are solely responsible for their trading decisions and any resulting losses. Novice traders should first gain sufficient experience on a demo account before using real funds. The seller and the platform assume no liability for any direct or consequential losses arising from the use of this product.
