XAUUSD Basket Trailing EA: Free MT5 Expert Advisor

Overview

XAUUSD Basket Trailing EA opens an initial position based on the current short-term trend and enters additional trades at fixed intervals if the market moves against the basket. The robot utilizes a progressive lot-sizing model to manage the grid. Risk is controlled at the basket level with a global stop loss in points and a ratcheting profit-locking system that trails the total points gained. If the basket profit retraces to the locked floor, the EA closes all positions to bank the gain.

Basket-level profit and loss management

Progressive lot sizing for grid entries

Ratcheting profit-lock trailing mechanism

Point-based basket stop loss

Trend-based initial entry logic

Details

Author

Muhammad-TalhaK on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Grid, Trend following, Martingale

Markets

Gold

Timeframes

M1-M5, M15-H1

Risk profile

Uses martingale lot scaling: losses can grow fast
Opens a grid of orders: exposure builds up in a trend

EA files

XAUUSD_BasketTrailing_EA.mq5

Source

github.com/Muhammad-TalhaK/mt5-xauusd-basket-ea

Input parameters

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

Name	Type	Default	Description
`StartLot`	`double`	`—`
`LotStep`	`double`	`—`
`MaxTrades`	`int`	`—`
`StepPoints`	`int`	`—`
`TrailPoints`	`int`	`—`	Basket trailing distance (points)
`MaxLossPoints`	`int`	`—`	Basket max loss (points)
`TradeSymbol`	`string`	`XAUUSDm`
`ProfitLockStartPoints`	`int`	`100`	start locking only after this profit
`TF`	`ENUM_TIMEFRAMES`	`PERIOD_M1`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Muhammad-TalhaK/mt5-xauusd-basket-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.

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