Amelia Gold

AMELIA GOLD v6.0 — XAUUSD Expert Advisor for MetaTrader 5

AMELIA GOLD v6.0 is an automated Expert Advisor developed specifically for Gold (XAUUSD) on MetaTrader 5.

The EA uses a multi-layer confluence approach rather than relying on a single indicator or entry signal. It analyses market structure, liquidity, price location, harmonic formations and candlestick behaviour before determining whether trading conditions meet its configured requirements.

The objective is selective trade identification and controlled risk management rather than high-frequency trading.

Market Structure & SMC Analysis

AMELIA GOLD analyses price structure to identify potential trading areas using:

• Break of Structure (BOS)
• Change of Character (CHoCH)
• Order Blocks
• Fair Value Gaps (FVG)
• Swing highs and swing lows
• Liquidity zones
• Potential liquidity sweeps

These elements are combined to help the EA determine market direction and identify areas where a potential setup may develop.

Premium & Discount Filtering

The EA evaluates the location of price within the current market structure.

Its filtering system can use Fibonacci retracement levels together with structural zones to help avoid entries in less favourable locations.

This allows additional confirmation to be applied before an entry is considered.

Harmonic Pattern Analysis

AMELIA GOLD includes a harmonic-pattern detection and scoring system.

Supported formations include:

• Gartley
• Bat
• Butterfly
• Crab
• Shark
• Cypher
• ABCD
• Three Drives

Detected patterns can be evaluated using their Potential Reversal Zones (PRZ) and used as an additional confluence factor rather than as an automatic standalone entry signal.

Candlestick Confirmation

When price reaches a qualifying area, the EA can analyse candlestick behaviour for additional confirmation.

More than 25 candlestick formations can be evaluated, including:

• Engulfing patterns
• Pin Bars
• Hammers
• Morning Star formations
• Harami patterns
• Reversal formations
• Continuation formations

The required confirmations can be adjusted through the EA inputs.

Trade Execution

AMELIA GOLD supports different execution approaches depending on the selected configuration:

Market Mode — executes qualifying setups at market.

Limit Mode — uses pending-order logic where applicable.

Hybrid Mode — allows the strategy to select between supported execution methods according to the setup.

Before an order is submitted, the EA performs trading-condition checks including spread and broker stop-level validation.

Risk Management

AMELIA GOLD includes configurable trade-management and account-protection controls.

Available features include:

• Fixed lot sizing
• Percentage-based risk sizing
• Maximum open-trade limits
• Stop Loss management
• Take Profit management
• Breakeven functionality
• Configurable breakeven offsets
• Trailing Stop management
• Spread filtering
• Volatility filtering
• Time-based trade management

These settings allow traders to adjust the EA according to their account size, broker conditions and preferred risk profile.

Additional Filters

Depending on the selected configuration, AMELIA GOLD also provides optional additional market filters, including:

• VWAP analysis
• DXY correlation filtering
• Harmonic quality scoring
• SMC confirmation controls
• Candlestick confirmation controls
• Spread protection
• Volatility protection

Individual modules can be configured through the EA input parameters.

Recommended Strategy Tester Configuration

For backtesting and optimisation, the recommended configuration for this version is:

Symbol: XAUUSD
Timeframe: M1
Testing model: 1 Minute OHLC

Use the same EA settings, symbol specifications and broker conditions when comparing different tests.

Results can vary significantly between brokers because XAUUSD pricing, spreads, commissions, contract specifications and execution conditions are not identical.

Before Using on a Live Account

Users should first run AMELIA GOLD in the MetaTrader 5 Strategy Tester and then evaluate it on a demo account under their own broker conditions.

Optimisation results should not be interpreted as a guarantee of future results.

Historical performance may differ substantially from live trading because of changing market conditions, spreads, commissions, slippage, execution speed and liquidity.

Important Risk Warning

Trading XAUUSD and other leveraged financial instruments involves significant risk and can result in partial or complete loss of trading capital.

AMELIA GOLD v6.0 is a trading tool and does not guarantee profits, returns, win rates or protection against losses.

Past performance and backtesting results are not reliable indicators of future performance.

Users are responsible for selecting appropriate settings, evaluating the EA with their broker and determining whether the strategy is suitable for their own risk tolerance.

AMELIA GOLD v6.0 — structured analysis, configurable execution and integrated risk management for XAUUSD on MetaTrader 5.