Gold Cycle Trend Scalper

Gold Cycle Trend Scalper is an automated Expert Advisor developed for trading XAUUSD/Gold on MetaTrader 5. It combines trend direction, momentum confirmation and volatility-based trade management to identify short-term buy and sell opportunities.

Main features:

• Fast and slow EMA trend analysis
• RSI momentum filtering
• ATR-based Stop Loss and Take Profit
• Automatic break-even management
• Adjustable trailing stop
• Buy and sell trade support
• Spread and entry-spacing filters
• Configurable fixed-lot and risk-based position sizing
• Adjustable maximum number of open positions
• Designed for hedging accounts
• No martingale or grid strategy

Recommended starting setup:

• Trading instrument: XAUUSD/Gold
• Entry timeframe: M1
• Confirmation timeframe: M5
• Account type: Hedging
• Test with default parameters before making adjustments

The Expert Advisor can use the current chart symbol, which helps accommodate broker-specific symbol suffixes. Trading conditions, spreads, execution speed and symbol specifications vary between brokers and can affect results.

Installation:

1. Install the Expert Advisor through the MetaTrader 5 Market.

2. Attach it to an XAUUSD/Gold chart.

3. Enable algorithmic trading.

4. Review the input parameters and select an appropriate lot size.

5. Test the Expert Advisor in the Strategy Tester and on a demo account before considering live use.

Risk notice:

Trading involves substantial risk. This Expert Advisor does not guarantee profit or prevent losses. Historical or backtest performance does not guarantee future results. Use settings appropriate for your account size and risk tolerance.