This MetaTrader 5 expert advisor executes trades on gold (XAUUSD) using a combination of the Relative Strength Index (RSI) and a Simple Moving Average (SMA).
Designed specifically for the five-minute (M5) timeframe, the robot monitors overbought and oversold conditions alongside trend direction to find entry points. It features fixed lot sizing, set take profit levels, and stop loss protections configured in price distance. The README is minimal, and the source code comments are in Turkish. It provides a simple, indicator-based approach to automated gold trading with built-in risk boundaries.
Read from XAUUSD_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
LotSize
double
0.1
Sabit Lot Boyutu
TakeProfit
double
5.0
Kar Hedefi (5 Dolar)
StopLoss
double
15.0
Stop Loss (15 Dolar)
RSI_Period
int
14
RSI Periyodu
MA_Period
int
20
Moving Average Periyodu
RSI_Overbought
int
70
RSI Aşırı Alım Seviyesi
RSI_Oversold
int
30
RSI Aşırı Satım Seviyesi
Symbol
string
XAUUSD
İşlem Çifti
TimeFrame
ENUM_TIMEFRAMES
PERIOD_M5
5 Dakika Timeframe
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone gencerselemm2-hue/MetaTrader5-XAUUSD-EA 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.
EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Scalpflip EA is an automated scalping robot for MetaTrader 5 that utilizes a multi-layered technical analysis approach. It offers three entry modes: trend-following, mean-reversion, and a smart mode that selects the strategy based on current market conditions. The system filters trades using the Relative Strength Index
This MetaTrader 5 expert advisor utilizes the Bollinger Bands and Parabolic SAR indicators to execute trades based on market volatility. It functions as an entry-level algorithmic trading template, allowing users to modify strategy logic or optimize parameters using the MT5 Strategy Tester. The bot manages risk through
Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk
This MetaTrader 5 expert advisor combines automated Forex trading with a Discord notification system via a Python Flask webhook. It executes a dual-timeframe strategy using EMA crossovers, a 200-period trend filter, RSI, and VWAP on the M5 and M15 charts. The EA manages trades with ATR-based stop loss and take profit l
FG Scalping Pro is an automated trading system for MetaTrader 5 that utilizes a multi-indicator approach to identify entry points. It combines exponential moving average crossovers with RSI momentum and Bollinger Band volatility filters to execute trades. The EA manages risk through dynamic ATR-based stop loss and take