Tomgoodcar Revenge

TOMGOODCAR REVENGE is a systematic trading tool developed for XAUUSD (Gold) on the M5 timeframe. This Expert Advisor combines multiple technical indicators with a strategic position management system to navigate market movements.

Trading Methodology:

  • Signal Filters: The EA enters trades based on the confluence of Bollinger Bands, MACD, and Moving Average to identify trend-following opportunities.

  • Position Management: Utilizes a Grid system with a customizable Grid Step (Points) and Lot Multiplier (Default 1.12) to manage open positions.

  • Safety & Protection: Includes a built-in Maximum Drawdown Protection that automatically closes all positions if the account equity drops below a specified percentage.

  • Profit Securing: Features a Breakeven function (BE Start/Lock) to protect individual trades and a Unified Take Profit (in Points) to close all trades in a cycle once the basket target is reached.

Technical Specifications:

  • Magic Number: Fully customizable for multi-chart trading.

  • On-Screen Dashboard: Displays real-time account status, equity, drawdown, and current spread.

  • Trade Safety Checker: Includes a market session and free margin validator to ensure trades are only executed under safe conditions.

Recommendations:

  • Symbol: XAUUSD

  • Timeframe: M5 (Locked)

  • Default Settings: Pre-configured for Gold, but users can adjust all parameters based on their personal risk management.

"Download the DEMO and test it yourself."


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