Gold Sweep EA: Free MT5 Expert Advisor

Overview

On each closed signal bar, default M15, it enters when price sweeps the extreme of a lookback window and closes back inside, optionally requiring a reversal candle. A higher-timeframe fast and slow EMA filter can restrict direction. Stop loss is placed beyond the sweep extreme by an ATR multiple, bounded by point limits, and take profit uses a reward-to-risk ratio. Position size is a risk percent of equity or balance, or a fixed lot. Daily loss, drawdown, open risk, and free-margin checks can halt new trades or close positions. Live trading is off by default, and dry-run mode only logs orders.

Closed-bar liquidity sweep entries

Higher-timeframe EMA trend filter

ATR stop and reward-to-risk target

Percent or fixed-lot position sizing

Daily loss and drawdown limits

Details

Author

sepehrkafaeinezhad-hue on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action

Markets

Gold

Timeframes

M15-H1

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA Files

mt5/GoldSweepEA/Experts/GoldSweepEA.mq5

Source

github.com/sepehrkafaeinezhad-hue/arena-ai-projects

Input Parameters

Read from GoldSweepEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpMagic`	`long`	`20261022`	Magic number (unique per chart/symbol)
`InpEnableTrading`	`bool`	`true`	Master switch: allow new entries
`InpDryRun`	`bool`	`false`	Dry run: log orders, do not send
`InpEnableLiveTrading`	`bool`	`false`	Allow trading on REAL accounts
`InpPersistState`	`bool`	`true`	Persist state in MQL5/Files
`InpResetState`	`bool`	`false`	Ignore saved state at start (fresh test)
`InpLogLevel`	`int`	`2`	Log level: 0 errors, 1 warn, 2 info, 3 debug
`InpAlerts`	`bool`	`false`	Popup alerts on errors/entries (live only)
`InpShowDashboard`	`bool`	`true`	Show on-chart dashboard
`InpWriteTradeLog`	`bool`	`true`	Append trade events to CSV in MQL5/Files
`InpSignalTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`	Signal timeframe (closed bars only)
`InpSweepLookback`	`int`	`16`	Lookback bars for the sweep level (>= 3)

Show all 40 inputs

Name	Type	Default	Description
`InpMinPenetrationATR`	`double`	`0.10`	Min penetration beyond level (x ATR)
`InpReclaimBufferATR`	`double`	`0.00`	Close back inside by this buffer (x ATR)
`InpRequireReversalClose`	`bool`	`true`	Require reversal candle (close vs open)
`InpMaxBarRangeATR`	`double`	`3.00`	Skip if signal bar range > x ATR (0 = off)
`InpAtrPeriod`	`int`	`14`	ATR period
`InpUseTrendFilter`	`bool`	`true`	Enable higher-timeframe EMA filter
`InpTrendTF`	`ENUM_TIMEFRAMES`	`PERIOD_H1`	Trend timeframe
`InpEmaFastPeriod`	`int`	`50`	Fast EMA period
`InpEmaSlowPeriod`	`int`	`200`	Slow EMA period
`InpTrendRequirePrice`	`bool`	`false`	Require trend-TF close beyond slow EMA
`InpAtrSLMult`	`double`	`1.00`	ATR multiple beyond sweep extreme for SL
`InpMinSLPoints`	`int`	`120`	Minimum SL distance (points)
`InpMaxSLPoints`	`int`	`900`	Maximum SL distance (points, 0 = off)
`InpRR`	`double`	`2.00`	Reward:Risk for TP (0 = no TP)
`InpRiskBufferPct`	`double`	`10.0`	Inflate risk estimate for costs (%)
`InpCommissionPerLotRT`	`double`	`0.00`	Commission per 1.0 lot round turn (account ccy)
`InpRiskMode`	`ENUM_GS_RISK_MODE`	`GS_RISK_PERCENT`	Position sizing mode
`InpRiskPercent`	`double`	`0.50`	Risk per trade (% of equity/balance)
`InpFixedLot`	`double`	`0.01`	Fixed lot (fixed mode only)
`InpUseEquityForRisk`	`bool`	`true`	Use equity (true) or balance (false)
`InpMaxRiskMult`	`double`	`1.00`	Max actual/planned risk multiplier (min-lot override)
`InpMaxDailyLossPct`	`double`	`3.00`	Daily loss hard stop (% of day-start balance, 0 = off)
`InpDailyLossClosePos`	`bool`	`true`	Close positions when daily limit is hit
`InpMaxDrawdownPct`	`double`	`10.0`	Max drawdown from equity high-water mark (%, 0 = off)
`InpMaxDDClosePos`	`bool`	`true`	Close positions when max drawdown is hit
`InpMaxOpenRiskPct`	`double`	`2.00`	Max total open risk (% of equity, 0 = off)
`InpMinFreeMarginPct`	`double`	`30.0`	Min free margin after entry (% of equity)
`InpLossScope`	`ENUM_GS_LOSS_SCOPE`	`GS_SCOPE_EA`	Daily loss scope

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone sepehrkafaeinezhad-hue/arena-ai-projects 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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