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Elitieum For XAUUSD

Elitieum Expert Advisor

A sophisticated trading robot that combines Williams' Percent Range and Envelopes indicators to identify optimal entry and exit points in the market.

Key Features

  • Entry Strategy: Uses Williams' Percent Range (24 period) with a -32.5 level for precise entry signals
  • Exit Strategy: Implements Envelopes indicator (12 period, 0.76% deviation) for optimal exit timing
  • Risk Management: Fully customizable Stop Loss and Take Profit levels
  • Advanced Protection Features:
    • Maximum spread control
    • Daily loss limits
    • Equity drawdown protection
    • Position size limits
    • Multiple position management

Trading Logic

Entry Rules

The EA enters trades based on the Williams' Percent Range (WPR) indicator:

  • Buy Signal: When WPR crosses above -32.5 from below
  • Sell Signal: When WPR crosses below -67.5 from above

Exit Rules

Positions are closed when the price crosses the Envelopes bands:

  • Long positions: Close when price crosses upper band
  • Short positions: Close when price crosses lower band

Risk Management Features

Trade Protection

  • Customizable Stop Loss and Take Profit levels (in pips)
  • Flexible lot size management
  • Maximum spread filter to avoid trading in high-spread conditions

Account Protection

  • Daily loss limit (in currency)
  • Maximum daily drawdown percentage
  • Minimum and maximum equity thresholds
  • Maximum open positions limit
  • Maximum total lot size control

News Filter

Built-in news filter with customizable settings:

  • Filter by currency pairs
  • Separate settings for high and medium impact news
  • Adjustable time windows before and after news events
  • Option to display upcoming news events

Additional Features

Session Management

  • Fully configurable trading sessions
  • Options for handling specific trading days
  • Session close management

Performance Monitoring

  • Real-time position tracking
  • Detailed trading statistics
  • Daily, weekly, and monthly performance metrics
  • Visual display of key trading parameters

Installation Requirements

  • Platform: MetaTrader 5
  • Recommended timeframe: H1
  • Recommended pairs: XAUUSD (Gold)
  • Minimum deposit: Based on broker's requirements for XAUUSD trading

Package Includes

  • Expert Advisor installation file
  • Detailed user manual
  • Optimization settings file
  • Free updates and support

Recommended Settings

  • Currency Pair: XAUUSD
  • Timeframe: H1
  • Initial Lot Size: 0.10
  • Williams' Percent Range Period: 24
  • Envelopes Period: 12
  • Envelopes Deviation: 0.76%

Important Notes

  • Past performance does not guarantee future results
  • Demo testing is recommended before live trading
  • Risk capital should be used for trading
  • Results may vary depending on market conditions and broker conditions

For optimal results, it's recommended to run this EA on a stable VPS with reliable internet connection. Always start with demo trading to familiarize yourself with the EA's behavior and to verify its compatibility with your broker's trading conditions.

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Live signal Find out more here:   https://www.mql5.com/en/users/prizmal/seller The strategy uses an averaging trading approach, relying on the Stochastic Oscillator and Bollinger Bands as the main indicators. It consistently implements dynamic take-profit and stop-loss levels for each trade. Optimization was conducted using 14 years of data (from 2010 to 2024) on the IC Markets server with a Standard account type. Recommendations: Currency Pair: AUDCAD Minimum Deposit: $500 USD Account: H
Eagle Odyssey MT5
Azil Al Azizul
4.8 (5)
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Introducing Eagle Odyssey EA with excellent capabilities in automatic trading whose analysis is based on the orderblock concept. Order blocks are often formed in response to significant market moves driven by institutions. When a large order is placed in the market (such as buying or selling a large amount of an asset), the price tends to move to a certain level to "fill" that order. Once this process happens, the area where the institutional order took place acts as a level of support or resist
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Wei Tu
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Experts
Eternal Engine is an advanced EA that integrates multiple indicators with grid and Martingale strategies. Its core feature is precise entry point control, enabling it to perform exceptionally well even in complex market environments. Eternal Engine EA offers numerous trading opportunities, is not sensitive to spreads, and ensures accurate execution of every trade through strict entry point management. The strategy has been proven in live trading, providing over a year of low-drawdown real-time s
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Hamza Ashraf
3.91 (23)
Experts
LAUNCH PROMO: Final price: 1,700$ Only 2 copies left at $399. Next price will be $499 Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Instruction Blog Link to Channel Welcome to ZenFlow! ZenFlow is an advanced EA designed to adapt to changing market trends with precision and speed. It is optimized to trade the XAUUSD( or GOLD) symbol and should be run on only one chart. This EA uses a sophisticated trend-following strategy combined with a momentum-based indicator that ide
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5 (6)
Experts
Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional
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