Smart Gold 15m Fibonacci retracement EA
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- Sürüm: 2.2
Smart Gold 15M Fibonacci Retracement EA
This EA is shared free of charge as a contribution to the trading community. I hope it serves as a useful tool for traders who value disciplined trading and risk management.
Overview
Smart Gold 15M Fibonacci Retracement EA is a fully automated Expert Advisor designed for trading XAUUSD (Gold), with recommended use on the M15 timeframe.
The EA combines EMA 9 / EMA 21 trend detection with a Fibonacci Retracement entry system. Instead of entering immediately after an EMA crossover, it waits for a pullback before opening a position.
It also includes built-in risk management and capital protection features to support disciplined trading.
Trading Strategy
The EA monitors EMA 9 and EMA 21 to identify market direction.
A signal is generated after the crossover candle has closed. Once confirmed, the EA creates a Fibonacci Retracement from that completed candle and waits for price confirmation before entering the market.
Entry Logic
Buy Setup
A Buy setup is created when EMA 9 crosses above EMA 21 and the crossover candle closes.
The EA first waits for price to retrace to the 61.8% Fibonacci level. If price does not reach 61.8% and reverses upward, the EA may enter when price crosses back above the 38.2% Fibonacci level.
Sell Setup
A Sell setup is created when EMA 9 crosses below EMA 21 and the crossover candle closes.
The EA first waits for price to retrace to the 61.8% Fibonacci level. If price does not reach 61.8% and reverses downward, the EA may enter when price crosses back below the 38.2% Fibonacci level.
Fibonacci Management
- Automatic Fibonacci drawing after a confirmed EMA crossover
- Only one active Fibonacci setup at a time
- New EMA crossover replaces the previous setup
- Fibonacci setup expires after 30 minutes (1800 seconds) if no trade is triggered
- Optional Fibonacci removal after trade execution
Order Execution
Before opening any order, the EA checks:
- Margin availability
- Trading volume validity
- Broker stop-level requirements
- Trade permission
- Existing open positions
- Trade delay restrictions
Orders are executed only when all required conditions are valid.
Position Management
- Fixed Stop Loss
- Dynamic Take Profit based on USD target
- Automatic Lot Size calculation
- Magic Number support
- One position at a time
Risk Management
- Minimum account balance requirement: 200 USD
- Automatic lot sizing based on account balance
- Daily Profit Target control
- Daily Stop Loss protection
- Maximum Drawdown protection
- Trade Delay protection
- Single position control
If any protection rule is triggered, the EA stops opening new trades until conditions become valid again.
Main Features
- Fully automated Expert Advisor
- Designed for XAUUSD
- Recommended for M15 timeframe
- EMA 9 / EMA 21 trend detection
- Fibonacci Retracement entry system
- Smart pullback entry logic
- Automatic Fibonacci drawing and expiration
- Auto Lot Management
- Fixed Stop Loss
- Dynamic Take Profit
- Daily Profit Target
- Daily Stop Loss Protection
- Maximum Drawdown Protection
- Margin, stop-level, and volume validation
- Built-in risk management
Recommended Usage
- Instrument: XAUUSD (Gold)
- Timeframe: M15
- Recommended minimum balance: 200 USD
- VPS recommended for uninterrupted operation
