Eagle Gold Engine
- Uzmanlar
- Sürüm: 1.4
- Etkinleştirmeler: 5
EAGLE GOLD ENGINE is an Expert Advisor for MetaTrader 5 that trades gold (XAUUSD) on the H1 timeframe. It combines two independent breakout engines, an optional manager for manual positions and several shared protection layers in a single EA.
HOW IT WORKS
- ENGINE 1: breakout system built from a combination of indicators (Hull moving average, recent highs and lows, Kaufman efficiency ratio and ATR). It places pending Buy Stop / Sell Stop orders that only activate if price confirms the move; unfilled orders expire after a few bars. Its positions are closed on Friday at a configurable server time.
- ENGINE 2: Bollinger Bands breakout (period 147, deviation 2.198). It enters at market on a new bar when the last closed bar breaks a band, with Stop Loss at 2.0 x ATR, Take Profit at 3.0 x ATR and a break-even step. One position at a time.
- MANUAL MANAGER (optional): protects positions you open by hand on the same symbol with an emergency Stop Loss, break-even and trailing.
- No external indicator files are needed: every calculation is built into the EA.
RISK MANAGEMENT
- Position size is calculated from a percentage of the balance and the Stop Loss distance (default 1% per trade for each engine).
- Hard cap on the risk of every single trade: if the minimum lot would exceed the cap, the trade is skipped.
- Daily realized-loss brake: stops new entries when the day's closed losses reach a set percentage of the balance.
- Global open-risk cap across both engines.
- Optional spread filter and optional news filter (live/demo only; the economic calendar is not available in the Strategy Tester).
- Every trade is opened with a Stop Loss. No martingale, no grid, no averaging down.
- On-chart dashboard with the state of each engine, risk, filters and account statistics.
REQUIREMENTS
- MetaTrader 5 with a HEDGING account (the EA can hold two positions at once on the symbol). On a netting account ENGINE 1 is switched off automatically and ENGINE 2 keeps trading.
- Symbol: XAUUSD (the name may vary by broker). Timeframe: H1.
- Algorithmic trading enabled. A VPS is recommended for 24/5 operation.
- Recommended balance: 1,000 USD or more. With very small balances the minimum lot size can exceed the risk cap and the EA will skip trades.
INPUTS (only the essentials are exposed)
1 | ENGINES - switch Engine 1, Engine 2 and the Manual Manager on or off.
2 | RISK PER TRADE - risk % and hard cap % for each engine.
3 | LOSS LIMITS - daily loss brake and global open-risk cap.
4 | FILTERS - maximum spread, news filter, Friday exit time.
5 | MANUAL MANAGER - emergency Stop Loss and close-on-brake options.
6 | DASHBOARD - show/hide, position and compact mode.
All other parameters are fixed inside the EA at tested factory values.
IMPORTANT
Trading leveraged products such as gold carries a high level of risk, and you can lose part or all of your capital. Back-tested results are simulations and do not guarantee future results. This EA is not designed for proprietary-firm (funded) accounts; its protection settings do not guarantee compliance with any firm's rules. Test it on a demo account first.
