XAU AutoTrader — Official Person Information

Welcome to the official information for XAU AutoTrader, a totally automated Professional Advisor designed particularly for Gold (XAUUSD) buying and selling. It makes use of a confirmed breakout technique primarily based on dynamic help and resistance ranges. Beneath one can find the advisable setup, an in depth clarification of all enter parameters, and vital suggestions for getting the perfect outcomes.

Why Dealer Choice Is Essential

XAU AutoTrader is a breakout technique that locations pending orders at dynamic help and resistance ranges. Unfold and execution high quality straight affect your outcomes. The identical settings may be extremely worthwhile on one dealer and underperform on one other — even with an identical marketed situations.

Advisable Dealer: IC Markets (Uncooked Unfold account) — From my in depth testing throughout a number of brokers, IC Markets delivered the perfect and most constant outcomes on XAUUSD.

Advisable VPS: TradingVPS — Low latency is vital for pending order execution. A VPS near your dealer’s server ensures the perfect fills.

🧠 Sign Settings

On my reside sign account, all EA parameters are set to default values. The one modified choice is:

Use Mounted Lot: FALSE — to allow automated lot sizing primarily based on account steadiness.

This implies you may replicate my sign outcomes by merely loading the EA with default settings and disabling the fastened lot choice.

🔧 How It Works

The EA identifies key help and resistance ranges utilizing proprietary multi-timeframe evaluation. It locations pending orders — Purchase Cease at resistance and Promote Cease at help — to catch breakout strikes. When worth breaks by way of a degree, the order is triggered with predefined Cease Loss and Take Revenue primarily based on proportion calculations. A sensible trailing cease then locks in earnings because the commerce strikes in your favor.

Key Options:

Dynamic help/resistance detection
Computerized lot sizing primarily based on threat proportion
Share-based trailing cease to lock in earnings
Information filter that pauses buying and selling throughout high-impact occasions
Weekend safety to keep away from hole threat
Buying and selling hours filter for session-based management
Unfold management to stop buying and selling in dangerous situations
Visible dashboard with drag & drop and real-time information

🛠️ Enter Parameters Defined

1. EA Identification

Magic Quantity (default: 2026) — Distinctive ID for the EA’s trades. Change this if working a number of situations on the identical account.

2. Threat Administration

Threat % (default: 10.0%) — Share of account steadiness risked per commerce. Used when fastened lot is disabled.

Cease Loss % (default: 0.25%) — Cease Loss distance as proportion from entry worth.

Take Revenue % (default: 10.00%) — Take Revenue distance as proportion from entry worth.

3. Lot Sizing

Use Mounted Lot (default: TRUE) — If TRUE, makes use of the fastened lot dimension beneath. If FALSE, calculates lot dimension mechanically primarily based on Threat %. Set to FALSE for auto lot sizing.

Mounted Lot Measurement (default: 0.01) — Handbook lot dimension used when Use Mounted Lot is TRUE.

4. Unfold Management

Unfold Restrict (default: 300) — Most allowed unfold in factors. EA pauses buying and selling when unfold exceeds this worth. For Uncooked Unfold accounts, 300 works effectively. Enhance in case your dealer has wider spreads.

5. Trailing Cease Settings

Use Trailing Cease (default: TRUE) — Allow/disable trailing cease on open positions. Extremely advisable to maintain enabled.

Trailing Begin % (default: 0.06%) — Revenue proportion at which trailing cease prompts.

Trailing Cease % (default: 0.04%) — Distance of trailing cease from present worth.

Trailing Step % (default: 0.02%) — Minimal transfer earlier than trailing cease updates.

6. Pending Orders Settings

Pending Order Expiration Hours (default: 24) — Hours earlier than unfilled pending orders expire mechanically.

Order Remark (default: “XAU AutoTrader Order”) — Remark hooked up to every order for identification.

Shut Pending Exterior Hours (default: TRUE) — Take away pending orders when exterior buying and selling hours.

7. Buying and selling Hours Settings

Buying and selling Begin Time (default: 01:02) — Time to start out inserting orders (server time, HH:MM).

Buying and selling Finish Time (default: 22:00) — Time to cease inserting orders (server time, HH:MM).

8. Weekend Closure Settings

Use Weekend Closure (default: TRUE) — Allow automated weekend safety.

Friday Shut Hour (default: 20) — Server time hour to shut positions on Friday.

Sunday Open Hour (default: 23) — Server time hour to renew buying and selling on Sunday.

Shut All On Weekend (default: TRUE) — Shut all open positions earlier than the weekend.

Cancel Pending Orders (default: TRUE) — Cancel all pending orders earlier than the weekend.

9. Information Filter Settings

Use Information Filter (default: TRUE) — Pause buying and selling round high-impact information occasions. Extremely advisable.

Information Significance (default: 3) — Minimal information significance to filter (3=Excessive solely, 2=Medium+Excessive, 1=All).

Minutes Earlier than Information (default: 5) — Minutes to cease buying and selling earlier than a information occasion.

Minutes After Information (default: 5) — Minutes to attend after a information occasion earlier than resuming.

FOMC Minutes After (default: 45) — Prolonged wait time after FOMC occasions (greater volatility).

Information Verify Interval (default: 300) — Seconds between information calendar checks.

Max Information To Observe (default: 2) — Most upcoming information occasions proven on dashboard.

10. Help & Resistance Settings

These parameters management how the EA detects help and resistance ranges throughout a number of timeframes. The default values are optimized for XAUUSD and customarily don’t must be modified.

11. Buffer Offset Settings

Use Buffer Offset (default: TRUE) — Apply an offset to S/R ranges for higher order placement.

Help Buffer % (default: -0.015%) — Offset utilized to help degree.

Resistance Buffer % (default: -0.015%) — Offset utilized to resistance degree.

12. GMT Settings

Use Customized GMT Offset (default: FALSE) — Override automated GMT detection. Solely allow in case your dealer experiences incorrect server time.

Customized GMT Offset (default: 0) — Handbook GMT offset in hours.

13. Dashboard Management

Present Dashboard (default: TRUE) — Present/disguise the visible data panel. You possibly can drag it anyplace on the chart.

Dashboard sections may be individually toggled: Orders Data, Weekend Standing, Buying and selling Hours, Buying and selling Data, S/R Ranges, Buffer Data, GMT Data, and Upcoming Information.

⚠️ Vital: Earlier than You Begin

Obtain the free demo and backtest along with your dealer’s knowledge first.
Run on a demo account for not less than 2-4 weeks earlier than going reside.
Don’t anticipate backtest outcomes to match reside efficiency precisely — execution, unfold, and slippage range.
Modify threat parameters primarily based in your account dimension and threat tolerance.
Every dealer is totally different — the identical settings can produce totally different outcomes. If backtest outcomes are poor along with your dealer, this EA might not be appropriate in your setup.

⚠️ Disclaimer

Previous efficiency is just not indicative of future outcomes. Buying and selling foreign exchange and gold entails substantial threat of loss and isn’t appropriate for all buyers. It’s best to rigorously take into account your funding targets, degree of expertise, and threat urge for food earlier than buying and selling. Solely make investments cash you may afford to lose. The sign supplier is just not accountable for any losses incurred.

For any questions or help, please contact me by way of my MQL5 profile: https://www.mql5.com/en/customers/skauch

Sample Page Title