Trading utilities for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
SQUID X – Expert Advisor for Gold (XAU/USD) Trading
SQUID X is built on price action, classic tools, and rule-based entry timing.
This EA is fully automated, suitable for both scalping and intraday trading.
Key Features:
- No Martingale, No Grid → selective entries with fixed stop loss.
- Four risk modes (Low to High) → adaptable to different trading styles.
- Timing filter → trades only during high-volatility periods, avoiding quiet hours.
- Risk management → built-in stop loss and drawdown protection.
- Flexible usage → supports both fast scalping and intraday positions.
SQUID X provides a disciplined, rule-based trading system inside MT5,
operating 24/7 without the need to constantly monitor the charts.
IMPORTANT: After purchase, please send me a private message to receive the installation manual and setup instructions.
Explore my other EAs in the MQL5 Market: Click Here
Recommended Settings:
- Platform: MetaTrader 5 (MT5)
- Symbol: XAU/USD (Gold)
- Timeframe: m30 (default, adjustable for scalping or intraday trading)
- Minimum Account Balance: $100 (recommended for safe risk management)
- VPS: Recommended for 24/7 trading with low latency
Key Parameters:
- Base Lot: 0.01 (default, adjustable based on account size)
- Take Profit: 300 pips (default)
Installation & Setup:
1. Download & Install: After purchasing from MQL5 Market, go to
MQL5/Experts/Market in your MT5 terminal to find the Squid_X.ex5 file.
2. Attach to Chart: Open MT5, load the XAU/USD chart (M15 timeframe recommended),
drag Squid_X.ex5 onto the chart, and configure input parameters.
3. Enable Algo Trading.
4. Use a VPS for uninterrupted trading, especially for scalping.
5. Monitor the Dashboard: Use the draggable dashboard to track real-time performance.
Get SQUID X today to enhance your gold trading with automation and precision!
