Mortred

Overview

Mortred is an automated trading system for XAUUSD (Gold) on the MetaTrader platform. The EA does not use grid or martingale recovery methods.

It applies fixed stop loss protection and rule-based filters to select trade opportunities under stable market conditions, rather than relying on high-frequency or recovery-based entries.


Core Principle: No Grid, No Martingale, Daily loss limit and profit-lock options

Mortred does not add to losing positions, does not average down, and does not increase lot size to recover previous losses. Every trade uses a fixed stop loss defined before entry.

This approach is a deliberate design choice intended to keep risk exposure predictable per trade.


Recommended Settings

  • Symbol: XAUUSD (GOLD)
  • Timeframe: M30
  • Broker type: low spread ECN broker (also functions on non-ECN brokers)
  • VPS: recommended for stable execution


Main Features

  • No grid strategy
  • No martingale system
  • Breakout-Based Entry Logic
  • Daily loss limit and profit-lock options
  • Spread filter
  • Trading session filter
  • News filter
  • Built for XAUUSD (Gold)
  • Day-of-week trading filter
  • Trailing stop logic


Notes

The strategy has been tested on historical XAUUSD data under specific market and broker conditions. Past performance and backtest results do not indicate future results. Live results may differ depending on broker conditions, spread levels, slippage, VPS latency, and market volatility.

Другие продукты этого автора
Akasha
Leo Carlo Bermudez
5 (1)
AKASHA EA is a automated expert advisor for XAUUSD (Gold) built on MetaTrader 5. It combines swing high/low entry detection with dynamic grid spacing and a Martingale recovery system. The EA includes a comprehensive set of risk controls, configurable loss limits, drawdown protection, and profit target locks --- Overview The EA begins building a Martingale grid behind it, Each grid level uses adaptive spacing so that grid distance widens automatically during volatile sessions and tightens during
FREE
Alleria
Leo Carlo Bermudez
ALLERIA EA is an automated expert advisor for multi-currency pairs built on MetaTrader 5. A multi-currency grid trading system that trades AUDCAD , AUDNZD , and NZDCAD by default. It combines a range-breakout entry filter with adaptive grid spacing and a multi-stage lot multiplier system. The EA includes a set of risk controls, configurable daily loss limits, drawdown protection, and profit target locks. Overview The EA opens an initial position when price extends beyond a recent trading range.
Фильтр:
Нет отзывов
Ответ на отзыв