Gold Neutron Star MT4

is a specialized algorithmic trading system engineered exclusively for Gold (XAUUSD). Unlike conventional expert advisors that rely on a single timeframe or generic indicators, Comet Gold Hunter deploys a proprietary Quad-Engine Structure, scanning four distinct price action cycles (M5, M15, H1, and H4) simultaneously on a single chart.

Equipped with dynamic volatility thresholds, pending stop-order execution, a virtual 50% profit lock, and a clean on-chart telemetry dashboard, it is built for disciplined, prop-firm-compliant trading.

Key Advantages & Features

• Quad Simultaneous Engines: Runs 2 independent, non-conflicting strategies across micro-scalping and deep swing pullback cycles at the same time.

• Drop & Rise Pullback Architecture: Eliminates dangerous market order chasing by dynamically positioning Buy Stop and Sell Stop orders at structural liquidity levels.

• Virtual 50% Profit Lock: Automatically protects gains by securing 50% of peak floating profit once initial target thresholds are surpassed.

• MQL5 Market & Prop Firm Guarded: * Strict Stop-Loss and Take-Profit placed on every single order.

  • Maximum Daily Loss circuit breaker.

  • Maximum Equity Drawdown safety cut-off.

  • Built-in 0–200 (Custamizable)  points tight spread enforcement to avoid high-friction slippage.

• Intelligent Session Management: Executes during prime market liquidity (02:00 to 22:00), automatically purging all unfilled pending orders at 22:00 to prevent overnight weekend gap exposure.

• Interactive HUD Dashboard: Sleek, modern on-chart display monitoring live account equity, strategy P&L, live spread conditions, and active order states without lagging MetaTrader 5.

Engine Breakdown

1. Strategy 1 (Hourly Structural Cycle): Fades overextended intraday liquidity runs into key value zones.

2. Strategy 2 (Macro Trend Swing): Deep pullback swing entries engineered for high-expectancy multi-dollar Gold runs.

Each strategy can be independently enabled or disabled directly from the input settings.

Recommended Setup & Settings

• Instrument: XAUUSD / GOLD

• Chart Timeframe: Any timeframe (The EA automatically reads and enforces M5, M15, H1, and H4 cycles internally).

• Account Type: ECN, Raw Spread, or Low-Spread accounts.

• Minimum Balance: * Fixed Lot 0.01: $100

  • Risk % Mode (Default 0.5%): From $300

• Leverage: 1:500 or higher recommended (compatible down to 1:30 with proper risk sizing).

• VPS: Recommended for stable 24/5 execution during active market hours.

Input Parameters Guide

• Strategy Execution Toggles:

  • EnableStrategy1 to EnableStrategy2: Toggle individual engines On/Off with one click.

• Risk Management:

  • LotSizingMethod : Choose between Risk % per Trade , Fixed Lot , or Account Growth Tier .

  • RiskPercentPerTrade : Default is set to 0.01 lot very low risk (Ask set file for Low risk, medium risk and High risk)

  • MaxDailyLossPercent / MaxDailyDrawdownPercent : Emergency stop-out thresholds to protect capital.

• Protection Filters:

  • TradeStartHour / TradeEndHour : Active trading window (02:00 restart, 22:00 order purge).

  • MaxSpreadPoints : Prevents execution if Gold spread widens above 80 points ($0.80).

  • UseNewsFilter : Pauses orders around high-impact US economic releases (CPI, NFP, FOMC).

Important Backtesting Instructions

1. Select XAUUSD in MT5 Strategy Tester.

2. Modeling: Select "Every tick based on real ticks" for the most accurate spread and slippage reproduction.

3. Optimization: Set to "Disabled" for standard single testing runs.

Risk Disclosure: