Smc Gold Funding

Smc Gold Funding is an automated trading system for MetaTrader 5, developed for Gold traders who want structured entries, predefined exits and configurable risk limits.

Smc Gold Funding is an automated trading system for MetaTrader 5, developed for Gold traders who want structured entries, predefined exits and configurable risk limits.

The system combines two independently configurable strategies, MST and Position, with controls for position sizing, total open risk and daily losses. Its approach focuses on selective trading opportunities with defined reward-to-risk targets.

No DCA. No martingale. Losing trades are managed through predefined stop losses rather than averaging down or increasing volume to recover previous losses.

Trading approach

MST monitors up to three configurable signal timeframes. Each timeframe can be enabled or disabled independently.

The Position strategy uses price channels with configurable channel settings, an optional structure filter and a stop-loss buffer based on channel height.

Both strategies can operate together or individually.

Risk and trade management

• Position sizing based on a percentage of equity or a fixed lot size.

• Configurable maximum total open risk.

• Daily loss monitoring with a block on new entries when the configured threshold is reached.

• Configurable maximum number of simultaneous EA exposures.

• Predefined stop-loss and take-profit levels.

• MST reward-to-risk targets of 1:1, 1:3, 1:5 or 1:7.

• A separately configurable reward-to-risk target for the Position strategy.

• Configurable MST trailing-stop management.

• An option to close opposite EA positions before a new entry.

Trading schedule and weekend management

The EA includes configurable trading pause windows. A shared pause can apply to both strategies, with two additional pause windows available for MST.

Pause windows use UTC+7. Broker server time settings must be configured correctly.

Optional weekend protection blocks new entries before the weekly close and attempts to close EA exposure in advance. It can use the symbol's trading-session schedule or a configurable Friday fallback time.

Dashboard and reporting

The on-chart dashboard displays trading status, strategy controls and risk information. Trade-event logging and performance summaries help users review execution and strategy activity.

Setup

• Platform: MetaTrader 5.

• Intended market: Gold, including broker-specific XAUUSD symbols.

• Default MST signal timeframes: M5, M15 and H1.

• Default Position signal timeframe: M5.

• Enable Algo Trading and review all risk, time and execution settings before use.

• Test with your broker's historical data, spreads and commissions before trading live.

Main inputs

• EnableTrading: Enables automatic entries.

• TradeMST / TradePosition: Enables each strategy independently.

• SignalTimeframe1–3: Selects the MST signal timeframes.

• Position_Timeframe: Selects the Position strategy signal timeframe.

• Position_ChannelPeriod / Position_MaxChannelPeriod: Configures the channel calculation.

• Position_MinChannelWidth: Sets the minimum eligible channel width.

• Position_UseStructureFilter: Enables the optional channel structure filter.

• Position_SLBoxRatio: Sets the stop-loss buffer relative to channel height.

• Position_RiskReward: Sets the Position strategy target.

• RiskMode / RiskPercent / FixedLot: Configures position sizing.

• UseRiskGovernor: Enables portfolio risk limits.

• MaxTotalOpenRiskPercent: Sets the total open-risk threshold.

• MaxDailyLossPercent: Sets the daily-loss threshold for blocking new entries.

• MaxConcurrentPositions: Limits simultaneous EA exposures.

• TakeProfitTarget: Selects the MST target.

• TrailingMode / TrailLockR: Configures MST trailing management.

• UseWeekendFlat: Enables weekend exposure management.

• ServerClockMode / ServerUTCOffsetMinutes: Configures broker server time.

• MagicNumber: Identifies the EA's trades.

• SlippagePoints: Sets the requested execution deviation.

• ShowEAPanel: Shows or hides the dashboard.

Use with funded accounts

The configurable risk limits and trading schedule can support a disciplined funded-account workflow. Users must check their firm's current rules and configure the EA accordingly.

The daily-loss entry block is not a guaranteed maximum account loss. Existing positions, slippage, gaps and execution conditions can cause losses to exceed configured thresholds. Stop losses and weekend closing requests depend on market availability and broker execution.

Trading involves risk. The EA does not guarantee profits, challenge completion or compliance with every funding firm's rules. Historical results do not guarantee future performance.

Support is available through MQL5 messages and the product comments section.