M1 Gold Hedge
- Experts
- Achmad Benny
- Versão: 1.10
- Ativações: 10
M1 Gold Hedge is a professional trading solution designed specifically for the XAUUSD (Gold) market. This Expert Advisor (EA) focuses on capturing market volatility using a high/low breakout strategy combined with a sophisticated hedging and trailing mechanism. It is built to operate with precision on the M1 timeframe, though its logic can be adapted across multiple periods.
The EA identifies critical price levels based on recent market highs and lows, placing pending orders to catch momentum. With an integrated Smart Lot calculation and a real-time On-Chart Dashboard, you have full control and visibility over your trading performance.
Key Advantages:
- Breakout Strategy: Automatically detects the highest high and lowest low of the last N bars to set entry points.
- Dynamic Profit Targets: Take Profit is calculated as a percentage of your account balance, ensuring your gains scale with your account growth.
- Advanced Trailing Stop: Protects your profits by moving the Stop Loss as the trade moves in your favor.
- Smart Money Management: Includes an "Auto Lot" feature that calculates the safest lot size based on your free margin.
- Time-Restricted Trading: Built-in timer to avoid volatile market openings or low-liquidity sessions.
- Visual Dashboard: An elegant on-chart GUI displaying Balance, Equity, Floating Profit, and Current Status.
- Safety Reset: If a daily limit is hit, the EA halts all trading to prevent emotional or runaway losses, requiring a manual reset via the "Reset System" button (You can get the version that has a reset button on Telegram).
- Fully Automated: From detection to execution and management.
- Optimized for Gold: Specifically tuned for the unique volatility of XAUUSD.
Input Parameters
Strategy Settings:
- High/Low detection: The number of previous bars used to identify the breakout levels.
- Fixed Lot Size: The volume to be traded if Auto Lot is disabled.
- Auto Lot Size: If true, the EA will automatically calculate the lot size based on available margin.
- Take Profit % of Balance: Sets the profit target as a percentage of your current account balance.
- Stop Loss in Points: Initial safety net for every trade.
- Expert Magic Number: Unique identifier for the EA to manage its own trades.
Hedge Settings:
- Close hedge basket USD: When the EA has both Buy and Sell positions open, it will close the entire group once their combined profit reaches this dollar amount (You can get the version that has a Close hedge basket $ on Telegram).
Trailing Settings:
- Use Trailing Stop: Enables or disables the trailing mechanism.
- Trailing Stop Points: The distance to maintain between the current price and the Stop Loss.
- Trailing Step Points: The minimum price movement required to update the Trailing Stop.
Time Settings:
- Start Hour: The hour the EA starts looking for trade opportunities.
- End Hour: The hour the EA stops opening new positions.
Daily USD Protections: (You can get the version that has a Daily PNL $ on Telegram).
- Target Profit $: If your total daily profit (closed + floating) hits this amount, the EA closes all trades and stops for the day.
- Stop Loss $: If your total daily loss hits this amount, the EA performs a "Hard Close" on all positions and disables itself to protect your remaining balance.
Recommendations:
- Platform: MetaTrader 5
- Symbol: XAUUSD (Gold)
- Timeframe: M1 (1 Minute)
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Balance: Min $500 ($1000 Recommended)
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Account Type: ECN, Raw Spread, or Low Spread accounts with fast execution.
Note:
- Always test on a demo account first to understand how the breakout levels and trailing stop behave during different market sessions.
- Use a Cent account if you don't have a lot of funds.
- Let's discuss and develop together by joining our community at https://t.me/m1goldscalper
