Gold Pinbar
- Uzmanlar
- Dmitriq Evgenoeviz Ko
- Sürüm: 1.0
- Etkinleştirmeler: 10
Gold Pinbar MT5 is an automated trading algorithm for the MetaTrader 5 platform, designed to work with the XAUUSD (gold) instrument.
The advisor analyzes price patterns such as Pin Bars and makes trading decisions based on candlestick structure, volatility, and the current market context.
The algorithm operates fully automatically after installation and configuration, performing market analysis and position management without user intervention. The expert advisor can be used both in the strategy tester and on a live account.
Trading logic
The system is based on a price action approach:
- Definition of Pin Bar (reversal candle with a long shadow)
- Filter signals by:
- direction of the trend
- volatility (ATR)
- body/shadow size
- Entry confirmation at candle close
Signal types:
- BUY - Bullish Pin Bar (long lower shadow)
- SELL - Bearish Pin Bar (long upper shadow)
Trades are opened only when all filter conditions are met.
Position management
Built-in risk management module:
- Stop Loss - fixed or adaptive
- Take Profit - fixed or dynamic
- Trailing Stop — position tracking
- Limiting the number of open positions
- Minimum stop distance control (broker-safe)
The robot correctly handles trading errors and repeats execution attempts if necessary.
Capital management
Several modes are available:
- Fixed lot
- Risk per transaction (% of deposit)
- Automatic calculation of position volume
Additionally:
- Equity Stop
- Controlling a series of losing trades
Main parameters
- Lot / Risk %
- Stop Loss (points)
- Take Profit (points)
- Trailing Stop
- Break Even level
- Minimum Pin Bar Size
- ATR filter
- Maximum spread
- Timeframe (M5–H1 recommended)
Recommended settings
- Instrument: XAUUSD
- Timeframe: M5 / M15
- Account type: ECN / Raw Spread
- Low spread and stable connection
Peculiarities
- Work without redrawing signals
- Compatibility with Strategy Tester
- No external dependencies (DLL)
- Fully autonomous trading
- Optimized logic without unnecessary calculations
The system is developed taking into account Market requirements and undergoes automatic verification before publication. .
Risks and Warnings
⚠️ Trading in financial markets involves a high level of risk.
- The robot does not guarantee profit
- Periods of drawdown and losses are possible
- Test results do not guarantee future results.
- Incorrect risk settings can lead to loss of your deposit.
- The gold market is highly volatile.
Recommended:
- use a risk of no more than 1-2% per transaction
- test settings in Strategy Tester
- Use VPS for stable operation
