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The GOLD xauusd ea mt5

This is a powerful Expert Advisor for trading GOLD XAUUSD in MT5 platform, with $100 USD minimun deposit and an impressive accuracy and performance.

This EA works like a hunter, analyzing the price movement, its strength and trend, patiently waiting for the best opportunities to perform its work extremely effectively.

The EA strategy is based on Price Action, Smart Money Concepts (SMC) and Fibonacci, looking for the biggest movement trends and seizing the best opportunities.


Security Always:

This EA is very SAFE, it does NOT use Grid, Martingale or Hedge strategies. All trades have only one entry per trade and are protected by a hard stop loss.


Pay attention to the difference between the expert The XAUUSD and The GOLD:

The XAUUSD is based on indicators native to Metatrader5. The GOLD is based on the developer's own indicators.


Key features:

Traded Symbol: GOLD or XAUUSD.

This EA continuously analyzes the price movement and when it identifies the best opportunities, it sends a single limited order, thus opening a position.

Every position has a fixed Target and a fixed Stop Loss set from the beginning.

The lot is also calculated and determined automatically from the inputs.

Be aware: This Expert generates few entries, so to get the most out of its performance, I suggest using it in conjunction with other Experts.


Price Action by Al Brooks:

This EA analyzes price movement, identifying patterns, Supply, Demand, Trend line, Channel, Range Breakout, Spikes and Pullback. It also considers the concepts of Support and Resistance.


Smart Money Concepts (SMC):

This EA considers the concepts of Liquidity, Order Blocks (OB), Breaker Blocks, Mitigation Blocks, Imbalance, Fair Value Gaps (FVG), Break of Structure (BOS), Change of Character (CHoCH), Breakout (BO), Major Trend Reversal (MTR) and Sweeps.


Fibonacci:

This EA considers the concepts of Fibonacci Retracements and Extensions.


Trades Duration, Sessions and Times:

All trades are day trades or swing trades, are not scalper, and including: Asian session, European session, American session, Tokyo Kill Zone Silver Bullet, London Kill Zone Silver Bullet and New York Kill Zone Silver Bullet.


High-Impact News:

This EA is its very strong RESILIENT to high-impact NEWS (FOMC, FED, Payroll, ECB, BOE, SNB, BOC, BOJ, RBA or RBNZ) or any other abrupt price movements. You don't need to do anything, the EA protects itself.


How to install:

  1. Download this EA,
  2. Make sure that all pairs ( GOLD or XAUUSD ) are in the Market Watch (Ctrl+M),
  3. Have the GOLD or XAUUSD chart on the H1 timeframe,
  4. Place this EA on the GOLD or XAUUSD chart,
  5. Check and adjust the parameters as shown below,
  6. Click OK to activate, 
  7. Done!


    If you want to customize, there are these parameters:

    • [#01] Magic Number,
    • [#02] Operation Mode (Fixed Lot or Target),
    • [#03] Fixed Lot,
    • [#04] Target (USD),
    • [#05] Reward/Risk (1/...),
    • [#06] Comment.


    Recommendations:

    • Symbol: GOLD or XAUUSD,
    • Timeframe: H1,
    • Minimum Deposit: $100


    Commitment to Continuous Improvement:

    I am committed to continuously optimize and improve all my EAs to give you and me the best possible trading experience.

    You will receive all UPDATES for FREE and I will also add new features to the EA based on customer suggestions.


    If you have any questions or need help, please contact me.


    Download now and enjoy this powerful EA.


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    Version 3.0 2024.06.29
    Optimizations to improve performance.
    Version 2.0 2024.05.30
    Operation and performance optimizations.