Jericho Gold Conqueror

Jericho Gold EA — Automated Gold Retests for MetaTrader 5

Jericho Gold trades a specific setup: gold returning to a support or resistance level. It monitors XAUUSD on one-minute data, looks for a retest, and checks the trend before allowing a buy or sell. You can control which direction it trades, when it can enter, and how much volume it uses.

The chart shows what the EA actually traded. The collapsible dashboard displays its current status, open positions, and estimated lot size for the next entry. Green take-profit and red stop-loss boxes appear when the EA receives a fill after it starts. You can hide the boxes or collapse the panel whenever you want a cleaner chart.

Why Jericho Gold stands apart

• A defined entry setup. The EA looks for a return to a price level and applies a trend check before entry. Buy and sell trading can be enabled independently.

• Visible trade management. Each entry is submitted with a stop loss and take profit. The chart marks the entry, stop, target, and exit for trades the EA executes.

• Position sizing you can control. Choose a fixed lot or scale the base lot with account balance. A separate maximum lot setting lets you cap the final size.

• An optional one-trade recovery setting. After a position closes at a loss, the multiplier can increase the size of the next trade. Set it to 1 to disable it.

• Trading on your schedule. Choose individual weekdays and an entry window using your broker’s server time. The supplied preset allows new entries on Tuesday, Wednesday, and Friday, with the hourly filter off.

• Straightforward setup. The preset is built in. The Inputs tab gives you direct access to position sizing, trading hours, stop and target distances, and chart display settings.

Historical Strategy Tester results

An earlier build using the supplied preset was tested on M1 data from 2 January 2023 to 7 November 2026. The report records a $100,000 starting deposit, 1:2000 leverage.

• Total trades: 421

• Winning trades: 358 of 421 (85.04%)

• Profit factor: 6.96

These figures come from a single historical simulation. The equity drawdown is an important part of the result: the preset won frequently, but it also experienced a large decline in equity during the test.

Setup and recommendations

• Instrument: XAUUSD. Use your broker’s gold symbol, including any suffix.

• Timeframe: The signal engine uses M1 data. Use an M1 chart if you want to follow entries at that level of detail.

• Lot sizing: The supplied preset starts at 0.01 lots per 10,000 account-currency units. If the calculated volume is below your broker’s minimum, the EA skips the entry.

• Trade distances: Custom stop-loss and take-profit values are entered in broker points. Check how your broker quotes gold before copying point settings between accounts.

Support

For help with setup, use the MQL5 product comments or send me a private message. Include your broker’s gold symbol and the settings you’re using so I can help you troubleshoot.

Gold trading involves risk. Historical simulations do not guarantee future results.