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Gold Wizard MT5

Hi, I am proud to present one of my products Gold Wizard. Gold Wizard is a pure single trade expert advisor, designed specifically to trade GOLD/XAUUSD.

How does it work?
Gold Wizard is designed for scalping GOLD by placing pending orders based on high low at certain periods.

Why Gold Wizard ?
  • Gold Wizard is a fully automatic trading system.
  • Does not use any risky strategies such as hedging, martingale, grid or multiple orders.
  • Every trade is protected by a stoploss.
SET UP
Symbol : 
 XAUUSD/GOLD/Gold
Timeframe : 
 H1, M30, M15
Test Period: 
 2017-2024 Every Ticks 
Type of account : 
 Pro, ECN, RAW, Leverage 1:500
Settings :
 download here
Minimum/Recommended Deposit :
 100$/500$
Can work with other EAs :
 GOLD WIZARD can work properly with other EA in the same account

Expert input :

  • Pending order : enable/disable pending order
  • AutoLot: Enable/disable autolots
  • Risk in percentage: if AutoLot = true, fill in Risk in percentage balance
  • if Autolot = false, fill in Start Lot: fill in the initial lot
  • Stop Loss(in pips): Stop loss in pips
  • Take Profit(in pips): Takeprofit in pips
  • Trailing: enable/disable Trailing
  • Trailing Start (in pips): Trailing starts in pips
  • Trailing Size (in pips): Step trailing in pips
  • Include Commission: Enable it If the broker charges a commission
  • Commissions per lot, in money: Fill in commission per lot in money
  • Trade Start Time: Time to start trades
  • Trade End Time: The time the trading session ends
  • Max Spread (in Pips): maximum spread allowed
  • Max Slippage (in Pips): maximum slippage allowed
  • Magic number : Expert advisor identifies open positions based on this magic number.
Important note:
It is highly recommended to use an ECN account with very low spreads.

Backtest:
During development, Gold Wizard was backtested in the 2017-2024 period with 99% historical quality data. Report tester Download here

You can backtest with the following settings:

  • Chart : XAUUSD
  • M15 Timeframes
  • Modeling: Every Tick is recommended
  • Deposit: Minimum 100 is recommended
  • Leverage : Any
  • Input Settings:  download here
If you have any questions or need help with setting the Expert Advisor up, please do not hesitate to contact us via PM. We will always try to reply as quickly as possible.
Before purchasing this product, please make sure you understand the risks involved with trading and that past performance is no guarantee for future results.



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Version 1.4 2024.08.17
+ delete expert input use pending order
+ fixed bugs trailing
+ fixed bugs modify pending order
Version 1.3 2024.07.19
+ Added input parameter Include Commission in takeprofit, trailing and breakeven calculations
Version 1.1 2024.05.17
Fix bug autolot