Gold Trend BreakEven EA
- Experts
- Versão: 2.40
- Ativações: 5
⚠️ IMPORTANT NOTICE BEFORE TESTING (PLEASE READ)
Please note that the default settings of this EA (Expert Advisor) have been temporarily adjusted solely to comply with and pass the automatic MQL5 Market verification process. These default parameters do not represent the actual core profitable strategy and are not suitable for realistic market performance.
To test the EA with its true, optimal strategy, please send me a Private Message (PM) here on MQL5 BEFORE running any strategy tester or demo tests. I will personally provide you with the correct optimization settings (.set files) and guide you on how to evaluate the bot properly for maximum results.
🚨 ATTENTION USERS: Before running this Expert Advisor on a live account, please send me a private message to get the official setup guide and optimized set files for Gold
Gold EMA Trend BreakEven is a fully automated trading application designed for the MetaTrader 5 platform, optimized specifically for Gold (XAUUSD) trading. The application utilizes a trend-following methodology based on the crossover logic of two Exponential Moving Averages.
- Trend Crossover: The system identifies potential trading opportunities when the 9-period Exponential Moving Average crosses the 15-period Exponential Moving Average.
- Distance Filter: To avoid trading in sideways markets, the application only opens a position when the distance between the two moving average lines is equal to or greater than the user-defined minimum points value.
- Candle-Based Protection: The initial protective stop level is calculated using the high or low prices of the preceding candlestick.
- Partial Profit Taking: When the market price moves in favor of the trade and reaches a one-to-one risk-to-reward ratio, the application automatically closes 50% of the position volume to secure partial profits.
- Break-Even Adjustment: Immediately after the partial profit is taken, the remaining position volume is secured by modifying the protective stop level to the exact entry price.
- Final Target: The remaining volume is managed toward a fixed one-to-two risk-to-reward profit target based on the initial structure.
- Symbol: XAUUSD (Gold)
- Timeframe: 5 Minutes (M5) or 15 Minutes (M15)
- Execution: Designed for low spread trading accounts to ensure optimal execution of automated orders.
