FX Star Pro Gold EA

FX Star Pro Gold EA is a price-action based Expert Advisor for MetaTrader 5, designed primarily for trading Gold (XAUUSD).

The EA combines Inside Bar breakout and Outside Bar momentum concepts with multiple technical filters to identify potential trading opportunities while providing flexible risk and trade-management settings.

It is designed for traders who want an automated system with configurable money management, Stop Loss/Take Profit options, breakeven protection, and a built-in monitoring dashboard.

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Key Features

📊 Price Action Strategy

FX Star Pro Gold EA uses two primary price-action setups:

Inside Bar Breakout

• Detects Inside Bar formations.

• Places Buy Stop or Sell Stop orders around the breakout level.

• Includes an adjustable breakout buffer.

• Pending orders can automatically expire after a configurable number of bars.

Outside Bar Momentum

• Detects Outside Bar formations.

• Can execute market orders when the required conditions are satisfied.

• Uses directional filters to help identify potential momentum opportunities.

🔎 Multiple Technical Filters

The EA combines price action with several technical indicators:

EMA Trend Filter

• Fast EMA and Slow EMA settings are configurable.

• Helps determine the prevailing market direction.

ADX Filter

• Uses ADX to evaluate market strength.

• Minimum ADX level can be configured according to your trading preferences.

Stochastic Oscillator

• Configurable %K, %D and slowing parameters.

• Separate BUY and SELL levels provide additional signal filtering.

This combination allows the EA to avoid relying on a single indicator or entry condition.

🛡️ Flexible Risk Management

FX Star Pro Gold EA supports two money-management modes:

Risk Percentage

• Automatically calculates position size based on account equity and the selected risk percentage.

• Position sizing is calculated using the distance between entry and Stop Loss.

Fixed Lot

• Allows you to specify a fixed trading volume.

The EA also checks available margin before sending orders and adjusts the calculated lot size when necessary.

🎯 Stop Loss & Take Profit

Two SL/TP calculation modes are available:

Fixed Points

• Set your own Stop Loss and Take Profit distances.

ATR-Based

• Uses the Average True Range to dynamically calculate SL and TP.

• Configurable ATR period.

• Adjustable ATR Stop Loss multiplier.

• Adjustable ATR Take Profit multiplier.

This gives traders the flexibility to use either fixed-distance or volatility-based trade management.

🔐 Breakeven Protection

An optional breakeven system is included.

You can configure:

• Profit level required before breakeven activates.

• Offset beyond the entry price.

Once the configured profit level is reached, the EA can automatically move the Stop Loss toward breakeven to help protect the position.

📋 On-Chart Dashboard

The EA includes a built-in dashboard designed to provide useful information directly on the chart.

The dashboard can be enabled or disabled and its position can be customized using the available settings.

⚙️ Configurable Settings

Important parameters include:

• Trading timeframe

• Risk percentage

• Fixed lot size

• Stop Loss

• Take Profit

• ATR period

• ATR SL multiplier

• ATR TP multiplier

• Breakeven settings

• ADX period and minimum level

• Fast EMA period

• Slow EMA period

• Stochastic parameters

• Inside Bar breakout buffer

• Pending-order expiry

• Magic Number

• EA trade comment

• Dashboard position and visibility

This allows traders to optimize the EA according to their preferred trading style, broker conditions and risk tolerance.

💰 Designed for Gold Trading

FX Star Pro Gold EA is designed with XAUUSD (Gold) trading in mind.

Gold can experience strong directional movements and periods of increased volatility. The combination of price-action setups, trend confirmation and configurable volatility-based risk management is intended to provide a structured approach to automated Gold trading.

The EA can also be evaluated on other symbols where the broker's trading conditions and symbol specifications are suitable.

⏱️ Timeframe

The default trading timeframe is M10, but the timeframe can be changed through the EA settings.

Always test different settings with your broker and symbol before using the EA on a live account.

⚠️ Important Risk Disclaimer

FX Star Pro Gold EA is a trading software tool and does not guarantee profits.

Automated trading involves significant financial risk. Past backtest or live-trading results do not guarantee future performance. Results may vary depending on broker conditions, spreads, commissions, slippage, execution speed, leverage, account type and market conditions.

Always perform your own testing and use appropriate risk management. Start with a demo account before considering live trading.

Use FX Star Pro Gold EA responsibly and never risk more than you can afford to lose.