Gold swing dragon
- Experts
- Alex Amuyunzu Raymond
- Versão: 4.12
- Ativações: 20
Gold Swing Dragon is an Expert Advisor designed specifically for trading XAUUSD (Gold) using a swing-based approach.
The EA applies trend-following logic together with swing entry timing to identify retracement, breakout, and reversal opportunities.
It includes integrated trade management and risk control features suitable for different market conditions.
Core Features
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Swing-Based Entry System: Detects potential swing setups and places trades at selected reversal or breakout zones.
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Trend Filter: A built-in filter to avoid trading during sideways or low-quality market conditions.
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Adaptive Take-Profit and Stop-Loss: Uses broker-validated stops and take-profits that adjust to Gold’s volatility.
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Risk Management: Configurable lot sizing and equity protection. No martingale or grid strategies are used.
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Dynamic Trade Management: Options for trailing stop and breakeven adjustments once a position is in profit.
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Swing & Hold Logic: The EA is designed to maintain trades longer than typical scalpers, aiming to capture extended price movements.
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Validation-Safe Coding: Structured with MQL5 Market rules, including strict order checks for backtesting and live accounts.
Usage Notes
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Optimized for XAUUSD (Gold).
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Recommended timeframes: H1 and H4 for clearer swing structures.
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The EA does not guarantee results and should be tested on a demo account before live trading.
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This tool is intended as an automated trading system; results depend on broker conditions, account settings, and market behavior.