Serendipity Gold MT5
- Uzmanlar
- Sürüm: 1.0
- Etkinleştirmeler: 20
Serendipity Gold EA — Entry Precision and Disciplined Gold Trading
Serendipity Gold EA is an automated Expert Advisor designed to trade gold (XAUUSD) on the H1 timeframe. Its approach is based on analyzing current market conditions, filtering out price noise, and carefully selecting entry points.
The EA waits for conditions that meet the strategy’s rules. This approach prioritizes the quality of trading signals and helps avoid excessive trading activity.
LIVE SIGNAL: https://www.mql5.com/en/signals/2399608
A Thoughtful Approach to Every Trade
In the gold market, price movement does not always represent an entry opportunity. Serendipity Gold EA evaluates market conditions and opens a position when the trading algorithm’s requirements are met.
During certain periods, the EA may execute just 1–2 trades per week. Trading frequency depends on market conditions: waiting for a suitable signal is part of the strategy. Every entry passes the checks defined by the algorithm, although even a carefully selected trade can result in a loss.
Protection for Every Position
Serendipity Gold EA does not use:
-
Order grids.
-
Martingale.
-
Doubling position sizes to recover losses.
-
Averaging down on losing positions.
Every trade has its own protective Stop Loss and Take Profit. Losing positions are closed according to the strategy’s rules, without increasing exposure while waiting for the market to reverse.
Realistic Expectations
Do not expect Serendipity Gold EA to make you a millionaire in a matter of days. Automated trading requires patience, sensible position sizing, and a willingness to accept periods of drawdown.
Winning trades may alternate with losing trades, and active weeks may be followed by periods of waiting. The EA’s performance should be evaluated over an extended period, considering returns, drawdown, and the selected risk level.
Key Features
-
Trading instrument: Gold, XAUUSD.
-
Working timeframe: H1.
-
Operating mode: Automated trading.
-
Entry logic: Market condition analysis and price noise filtering.
-
Position protection: Individual Stop Loss and Take Profit levels.
-
Trade management: No grids, martingale, or doubling after a loss.
Serendipity Gold EA Settings
General Parameters
| Parameter | Description |
|---|---|
| Comments | Custom trade comment. The EA also adds a strategy identifier to make trading history easier to analyze. |
| Magic number | Base identifier for the EA’s orders and positions. Use different values for instances that should operate independently. |
| Show Panel | Enables or disables the information panel on the chart. |
| Type Trade | Selects the permitted trading direction: Buy, Sell, or Buy and Sell. |
Position Sizing
| Parameter | Description |
|---|---|
| Lot type | Position sizing method: a fixed lot size or automatic calculation proportional to the account balance. |
| Fixed Lot | The volume of each new position when fixed lot sizing is selected. |
| Auto Lot/Balance | Base lot size for automatic position sizing. Used together with Balance step. |
| Balance step | The account balance amount, in the account currency, to which the specified base lot size applies. |
Automatic lot calculation formula:
Lot size = Auto Lot/Balance × current balance / Balance step.
For example, with Auto Lot/Balance = 0.01 and Balance step = 1000, the calculated volume will be:
-
Balance of 1000 — 0.01 lots.
-
Balance of 2000 — 0.02 lots.
-
Balance of 5000 — 0.05 lots.
The final volume is adjusted to the broker’s permitted lot sizes. Automatic lot sizing is based on the account balance and does not represent a fixed risk percentage per trade.
Friday Trading
| Parameter | Description |
|---|---|
| Trading on Friday | Enables or disables new entries on Friday. Disabling this parameter does not, by itself, close existing positions. |
| Close all orders on Friday | Enables the closure of the EA’s positions and deletion of its pending orders on Friday from 22:00 trading server time. The closing time is built into this version. |
Closure takes place when quotes are received and trading operations can be executed.
Daily Loss Control
| Parameter | Description |
|---|---|
| Max daily Drawdown, % | Daily loss threshold as a percentage of the account balance at the beginning of the server day. When the threshold is reached, the EA closes its positions on the current instrument and deletes its pending orders. A value of 0 disables this control. |
| Pause till the next day if DD grater | When enabled, the EA pauses new entries until the next server day after the daily limit is reached. Used together with a positive Max daily Drawdown, % value. |
The limit calculation includes the EA’s realized trading result for the current day, commissions and swaps, and the current floating result of its open positions on the instrument.
Example: If the balance at the start of the day is 1000, setting Max daily Drawdown = 2 defines a loss threshold of 20 in the account currency. To suspend trading until the next day, also enable Pause till the next day.
The actual loss may exceed the specified threshold due to slippage, price gaps, or execution delays.
Before You Start Trading
Test the EA in the Strategy Tester and on a demo account with your chosen broker. Select a position size appropriate for your account balance and acceptable drawdown.
Serendipity Gold EA — for traders who value selective entries, consistency, and disciplined risk management.
Gold trading involves the risk of capital loss. A Stop Loss does not eliminate slippage or execution at a less favorable price. Past trading and backtesting results do not guarantee future returns.
