by 
Prem Gold Advisor is an automated MetaTrader 5 expert advisor specialized for XAUUSD (Gold) trading on the five-minute timeframe. It initiates trades using breakout levels placed at specific distances from the candle open. The strategy features a progressive scale-in mechanism, adding new orders as the price hits succe
Trading robot · MT5
EA XAUUSD Premium
This MetaTrader 5 expert advisor is designed for gold trading, utilizing a multi-timeframe strategy across the M15, H1, and H4 charts.
High risk
GitHub stars4
Forks1
Last update1 year ago3 Feb 2025
LicenceNone stated
Overview
EA XAUUSD Premium integrates technical indicators including ADX, RSI, and Moving Averages to identify trend-following and breakout opportunities. Risk controls include dynamic lot sizing based on account equity, ATR-calculated stop loss and take profit levels, and a trailing stop. The EA also incorporates a news filter to avoid high-volatility events and offers hedging and grid distance parameters. It uses Fibonacci levels to refine entries and manages trades through volatility-based adjustments.
- ATR-based dynamic lot sizing
- Multi-timeframe trend analysis
- Integrated economic news filter
- Hedging and grid modes
- Volatility-adjusted trade levels
Details
Author
diditgravatar on GitHub
Type
Trading robot
Platform
Strategy
Markets
Timeframes
M15-H1, H4 and above
Risk Profile
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
EA Files
Input Parameters
Read from EA_XAUUSD_Premium_V6.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Timeframe | ENUM_TIMEFRAMES | PERIOD_M15 | |
HigherTF1 | ENUM_TIMEFRAMES | PERIOD_H1, HigherTF2 = PERIOD_H4 | |
RiskPercentage | double | 1.5 | Persentase risiko per trade |
ATRMultiplier | double | 1.8 | |
GridDistance | int | 100 | Jarak antar grid dalam pip |
UseHedgingMode | bool | true | Mode Hedging |
UseNewsFilter | bool | true | Gunakan filter berita |
UseDynamicLotSizing | bool | true | Menyesuaikan lot secara dinamis |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone diditgravatar/ea_xauusd_premium_v6 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 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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Related on ForexR
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