Vela One XAUUSD
- Experts
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Andrej Nikolovski
I’m a developer from Sweden with a background in web development, now focused on building expert advisors for gold (XAUUSD) in MetaTrader 5. - Versão: 1.0
Vela One XAUUSD
Vela One is a free expert advisor for gold (XAUUSD). It follows the trend and enters on pullbacks, in both directions. Every trade has a stop loss from the moment it opens.
Features
- Two independent trading systems
- Trades only with the main trend
- Stop loss on every trade
- No martingale, no grid, no averaging
- Built-in account protection that limits the total risk of open trades
What to expect
- Vela One does not trade every day. It only opens trades when gold is moving. In quiet or sideways markets it can wait for days without a trade.
- Some weeks will be unprofitable, and occasionally a whole month. Judge the EA over several months, not over one week.
Requirements
- Symbol: XAUUSD (gold), any broker suffix
- Chart: any timeframe; M15 recommended
- Account: hedging recommended
- Deposit: 500 USD recommended on a standard account at 0.01 lot (100 USD minimum); cent accounts from 100 USD
- Low-spread broker and a VPS recommended
Inputs
- Entry lots: fixed lot per trade (default 0.01)
- Enable risk per trade / Risk %: lot size calculated from your balance
- Use swing high/low for Stop Loss: alternative stop loss placement (off by default)
- Max risk of all open trades: account protection limit (default 20%)
Backtesting: use “Every tick based on real ticks” on XAUUSD.
Risk warning: Trading gold carries a high risk of loss. Backtest results do not guarantee future results. Test on a demo account first.
