This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
Trading robot · MT5
Gold Trading Bot Pro
This MetaTrader 5 expert advisor focuses on trading gold and other instruments using a trend-following breakout and retest methodology.
GitHub stars1
Forks0
Last update1 year ago11 Jun 2025
LicenceNone stated
Overview
Gold Trading Bot Pro filters market conditions using three moving averages and ATR-based consolidation detection. Entries are triggered by RSI pullbacks and liquidity grab patterns during specific intraday trading hours. Risk management features include percentage-based position sizing, ATR-derived stop loss and take profit levels, and equity-based drawdown limits for daily and total protection. The system includes a trailing stop mechanism and enforces a minimum stop loss distance.
- Triple moving average trend identification filter
- RSI-based pullback and liquidity grab detection
- ATR volatility analysis and consolidation filtering
- Integrated daily and total drawdown protection limits
- Automated trailing stop and break-even management
Details
Author
pollycarp on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Breakout, Mean reversion, SMC / ICT / price action
Markets
Gold, Forex
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
Input parameters
Read from GoldTradingBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
riskPercent | double | 0.5 | % Risk per trade |
maFastPeriod | int | 20 | MA Fast (Trend) |
maMidPeriod | int | 50 | MA Mid (Trend) |
maSlowPeriod | int | 100 | MA Slow (Trend) |
rsiPeriod | int | 14 | RSI Period |
rsiPullbackZone | double | 50 | RSI Pullback target |
rsiTolerance | double | 3 | RSI tolerance around Pullback zone |
atrPeriod | int | 14 | ATR Period |
atrSpikeMultiplier | double | 1.5 | ATR Spike Filter Multiplier |
atrMultiplierSL | double | 1.5 | ATR Multiplier SL → used but forced min 40 pips |
atrMultiplierTP | double | 5.0 | ATR Multiplier TP → locked to 1:5 |
tradeHourStart | int | 13 | Trade window start hour |
Show all 20 inputs
| Name | Type | Default | Description |
|---|---|---|---|
tradeHourEnd | int | 17 | Trade window end hour |
minSLPips | double | 40.0 | Enforced minimum SL = 40 pips → locked |
symbol | string | XAUUSD | Symbol to trade |
maxDailyLossPercent | double | 1.0 | Max Daily DD % → Balance based |
maxTotalLossPercent | double | 10.0 | Max Total DD % → Balance based |
consolidationATRThreshold | double | 1.0 | If ATR < X pips → mark as consolidation |
consolidationLookbackBars | int | 20 | Lookback bars to check consolidation range |
liquidityWickRatio | double | 2.5 | Wick ratio threshold for liquidity grab detection |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone pollycarp/Expert-Advisor 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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