Gold Hedge Algotraders24 AI
- Uzmanlar
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Pravin Awari
# Algotraders24 AI
We build trading tools for MetaTrader 5: Expert Advisors, indicators and utilities for Forex, gold, indices and crypto.
## What we do
- MetaTrader 5 Expert Advisors and indicators
- Testing, validation and risk analysis of our own products - Sürüm: 3.18
- Etkinleştirmeler: 5
Gold Hedge Algotraders24: trend entries, ATR-based stops, optional hedge protection.
Gold Hedge Algotraders24 is a rule-based Expert Advisor for XAUUSD (Gold) on MetaTrader 5. It waits for a confirmed trend setup, enters at market with a stop loss and take profit, and manages the trade with a trailing stop and daily risk limits.
It does not trade every day. If the trend, momentum and candle conditions do not line up, it stays out.
How it decides to trade
- Trend filter: price must be on the right side of the 100 SMA.
- Direction filter: the 20 SMA must be above (buy) or below (sell) the 50 SMA with a minimum gap measured in ATR.
- Momentum filter: RSI must confirm (above 55 for buys, below 45 for sells).
- Candle filter: the last closed candle must have a strong body and close near its high (buy) or low (sell).
- Cooldown: a set number of bars must pass between entries.
Every trade is sent with a broker-side stop loss and take profit. Buy only, sell only or both directions can be selected.
Risk management
- Stop loss and take profit: ATR-based (adapts to gold volatility) or fixed points.
- Trailing stop: starts after a set profit and follows price. Hidden SL, TP and trailing modes are optional.
- Lot size: fixed lot, or a percentage of balance calculated from the real stop distance.
- Daily profit target and daily drawdown limit: trading stops for the day when either is hit.
- Max trades per day, spread filter and session filter (Asian, London, New York, in broker time).
- Force close: closes all EA positions when total floating profit reaches your target.
Smart Hedge (optional, hedging accounts only)
When Aggressive Mode is on and a basket of same-direction trades reaches a floating loss, the EA can open one opposite position of equal size to freeze the loss. The trigger scales with basket size. It is not used on netting accounts.
Please read before you buy
- Aggressive Mode allows several positions in the same direction (up to your set maximum). This raises both profit potential and drawdown.
- Recovery Mode (off by default) increases lot size after consecutive losses. This is a martingale-style method and carries high risk. Leave it off unless you fully understand it.
- The stop loss stays on every trade as a broker-side backstop.
- Back-test results are not a promise of live results. Test on a demo account first.
Trading recommendations
- Symbol: XAUUSD (Gold)
- Time frame: M5: put the timeframe you tested]
- Account type: Hedging, RAW/ECN with low spread recommended
- Minimum deposit: [$___] with 0.01 lot
- Recommended deposit: [$___] or more
- Leverage: 1:100 or higher
- VPS recommended for 24/5 operation
- Testing: use real ticks, and check the results on your own broker's feed
Set up in three steps
- In MT5 open Tools > Options > Expert Advisors and tick Allow algorithmic trading.
- Attach the EA to a XAUUSD chart.
- Choose fixed lot or risk %. The other defaults are ready to use.
The panel on the chart shows daily profit and loss, open positions, hedge status and the current session.
What you get
- Trend, momentum and candle-confirmed entries
- ATR-based or fixed SL and TP on every trade
- Trailing stop with optional hidden mode
- Optional smart hedge for hedging accounts
- Daily profit and drawdown limits
- Session, spread and cooldown filters
- Chart panel with live status
- Free updates and direct support
DISCLAIMER: Trading foreign exchange, gold and CFDs carries a high level of risk. Past performance is not indicative of future results. Always test on a demo account first and start with conservative lot sizes.
