Axuusd Gold Advisor: Free MT4 Expert Advisor

Overview

Axuusd Gold Advisor employs a hybrid strategy approach, allowing users to toggle between trend following using moving average crossovers, mean reversion via RSI and Stochastic divergence, and breakout patterns. Trade management includes automated ATR-based stop losses, fixed reward-to-risk take profits, and partial position closing. The robot features detailed risk controls, such as a daily loss percentage cap, maximum concurrent trade limits, and a session filter to restrict operations to specific GMT hours.

Hybrid trend following and mean reversion logic

ATR-based dynamic stop loss management

Daily account equity protection cap

Configurable GMT session trading filter

Details

Author

damozycodes on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Mean reversion, Breakout, Indicator crossover, Martingale

Markets

Gold

Timeframes

M15-H1, H4 and above

Risk profile

Uses martingale lot scaling: losses can grow fast

EA files

Source

github.com/damozycodes/AXUUSD

Input parameters

Read from GoldBot.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`TradeSymbol`	`string`	`XAUUSD`	symbol to trade
`EntryTF`	`ENUM_TIMEFRAMES`	`PERIOD_H4`	timeframe for entries
`RiskPercent`	`double`	`2.0`	% risk per trade (kept default as requested)
`DailyLossCapPct`	`double`	`20.0`	% loss cap for day
`UseSessionFilter`	`bool`	`true`
`SessionStartGMT`	`int`	`8`	GMT session start
`SessionEndGMT`	`int`	`17`	GMT session end
`UseTrendFollowing`	`bool`	`true`
`UseMeanReversion`	`bool`	`false`
`UseBreakout`	`bool`	`false`
`EMA_Fast_Period`	`int`	`50`
`EMA_Slow_Period`	`int`	`200`

Show all 34 inputs

Name	Type	Default	Description
`RSI_Period`	`int`	`14`
`StochK`	`int`	`14`
`StochD`	`int`	`3`
`StochSlowing`	`int`	`3`
`DivergenceLookback`	`int`	`5`	lookback to check divergence (bars)
`FibLookback`	`int`	`100`	fib swing lookback for breakout
`ATRPeriod`	`int`	`14`
`ATRMultiplier`	`double`	`2.0`	SL = ATR * ATRMultiplier (2x)
`RR_Ratio`	`double`	`3.0`	TP = SL * RR_Ratio -> 3:1
`BreakEvenPipsMove`	`int`	`2`	buffer when moving to BE (in points)
`MinLotsDecimals`	`int`	`2`
`MinLot`	`double`	`0.01`
`maxlot`	`double`	`100.0`
`AllowTrading`	`bool`	`true`
`MagicNumber`	`int`	`20250924`
`CloseOpposites`	`bool`	`false`	close opposite side positions before opening a new one
`CloseAllOnDailyCap`	`bool`	`false`	close all trades when daily loss cap hit
`UsePartialClose`	`bool`	`true`
`PartialClosePct`	`double`	`50.0`
`TotalDailyRiskPct`	`double`	`8.0`
`MaxConcurrentTrades`	`int`	`3`
`MaxLossPerTradeUSD`	`double`	`200.0`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone damozycodes/AXUUSD from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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