Golden Mjolnir
- Experts
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Danielle Erika Alipio
I would love to hear your thoughts about my products or new products. Contact me here or in Telegram @danielleerikamql5. Thank you for looking into and considering my products. - 버전: 1.3
- 활성화: 5
Golden Mjolnir — Strike the Opportunity
Golden Mjolnir is a specialized XAUUSD breakout Expert Advisor for MetaTrader 5, designed to identify and trade breakout opportunities using its built-in M30 trading logic.
Inspired by the power of Mjolnir, the strategy is built around a simple principle:
Wait for the breakout. Strike the opportunity.
Key Features
XAUUSD M30 Breakout Strategy
Golden Mjolnir is designed specifically for Gold (XAUUSD) and uses a built-in M30 trading timeframe.
The EA continuously evaluates the market according to its breakout conditions and looks for opportunities to participate when the required conditions are met.
Post-Entry Stop Loss Protection
Golden Mjolnir applies the stop loss after a trade has been successfully opened.
This approach is designed to help reduce the potential impact of unfavorable slippage during fast market movements by separating the trade entry from the subsequent stop-loss placement.
Automated Breakout Execution
Golden Mjolnir is designed to automate the breakout trading process.
Instead of manually monitoring Gold and attempting to react to every price movement, the EA evaluates the market according to its programmed conditions and executes trades automatically when a valid setup is detected.
Designed for Gold
The strategy is built around XAUUSD and is intended for brokers offering Gold trading through MetaTrader 5.
Broker specifications such as spread, contract size, execution conditions, leverage, and symbol settings can affect actual trading results.
Risk Management
Golden Mjolnir provides configurable trading and risk-management parameters, allowing users to adapt the EA to their preferred account size and trading approach.
Users should configure the available risk and position-sizing parameters according to their own risk tolerance and account conditions.
Recommended Setup
Chart Timeframe
The EA's trading timeframe is built into the system.
Golden Mjolnir uses its internal M30 trading logic and can therefore be attached to a chart using any timeframe.
Changing the chart timeframe does not change the EA's internal trading timeframe or strategy logic.
Symbol
Golden Mjolnir is designed for XAUUSD (Gold).
Because Gold specifications can vary between brokers, users should verify that their broker's XAUUSD symbol provides suitable trading conditions for automated execution.
Broker Conditions
For automated trading, the following conditions may be preferable:
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ECN/STP execution
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Competitive spreads
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Stable execution
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Low network latency
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Sufficient available margin
A leverage setting of 500:1 or higher may provide additional available margin for basket and grid management, depending on the broker's margin requirements.
Higher leverage does not automatically increase or decrease the EA's trading risk. Risk is affected by factors such as lot size, account balance, exposure, market conditions, and the configured EA parameters.
LIVE SIGNAL
The live trading results of Golden Mjolnir EA can be viewed through this MQL5 Signal:
Important
Trading automated strategies involves risk. Backtest results do not guarantee future performance. Actual trading results may differ because of spreads, commissions, swaps, execution conditions, slippage, broker settings, market conditions, and other factors.
Use appropriate risk settings and test the EA on your broker and account conditions before using it on a live account.
Golden Mjolnir
Gold doesn't wait.
Neither should your strategy.
Golden Mjolnir is built to watch for the break, identify the opportunity, and strike according to its trading rules.
Built for Gold.
Built for Breakouts.
Built for M30.
Golden Mjolnir
Strike the Opportunity.
