Fire Horse Gold Pyramid Mt5
- Uzmanlar
- Artur Jacek Domagala
- Sürüm: 1.0
- Etkinleştirmeler: 10
Fire Horse Gold Pyramid MT5
Expert Advisor for XAUUSD (Gold).
Implements an H1 EMA trend filter and breakout-based entries.
Uses pyramiding in trend direction with decreasing risk per position.
Stop Loss is based on market structure (swing levels).
No martingale.No grid.No averaging down.
Positions are added only in trend direction.
Overview
Fire Horse Gold Pyramid MT5 executes trades based on predefined technical rules.
The system includes:
• Trend filtering using EMA
• Breakout entries based on highest high detection
• Structural Stop Loss management
• Risk scaling for additional positions
The trading logic is fixed and rule-based.
Strategy Logic
1) Trend Filter (EMA H1)
Trades are allowed only when price is above the selected EMA on the H1 timeframe.
2) Entry Signal (Highest High Breakout)
The EA detects the highest high within the defined LookBack range.
A breakout above that level is treated as a continuation signal.
3) Stop Loss (Swing Low Based)
Stop Loss is calculated using the most recent structural swing low.
4) Pyramiding with Decreasing Risk
Additional positions may be opened in trend direction.
Each subsequent position uses lower risk than the previous one.
5) Sequence Reset
If market structure becomes invalid, open positions are closed and the sequence is reset.
Recommended Settings (XAUUSD)
Symbol: XAUUSD
Timeframe: H1 or H4
EMA_TF: H1
EMA_Period: 25
LookBack: 50
MaxPositions: 5
Input Parameters:
Trend and Signal
LookBack – number of bars used to detect highest high / swing structure
EMA_Period – EMA period
EMA_TF – EMA timeframe
Positions
MaxPositions – maximum number of positions in one sequence
MagicNumber – EA identifier
Risk
RiskFirstPercent – risk for the first entry (% of equity)
RiskFactor – reduction factor for subsequent entries
Technical
Slippage – allowed slippage
Important
The EA operates in BUY-only mode.
Test settings in the Strategy Tester before using on a live account.
Support
For questions or assistance, contact via MQL5 messages.
Disclaimer
Trading involves risk.
This Expert Advisor does not guarantee profit.
