Chrysus GoldTrader EA

Product Description

The Chrysus GoldTrader EA is a sophisticated and optimized Expert Advisor designed specifically for trading gold (XAUUSD) on the MetaTrader 5 platform. Inspired by the ancient Greek term "Chrysus," meaning gold, this EA embodies the essence of precision and profitability in gold trading. It combines advanced technical analysis, price action strategies, and robust risk management to deliver consistent performance in the volatile gold market.

Key Features:

• Multi-Timeframe Strategy: Utilizes H1 for trend analysis and M5 for precise entries, ensuring trades align with the broader market direction while capturing short-term opportunities.
• Technical Indicators: Incorporates ATR (Average True Range) for dynamic stop-loss and take-profit levels, SMA (Simple Moving Average) for trend filtering, and RSI (Relative Strength Index) for exit signals.
• Price Action Patterns: Detects high-probability setups such as bullish/bearish engulfing patterns on H1 and Pin Bars on M5 for scalping opportunities.
• Risk Management: Features customizable risk settings, daily loss limits, and single trade loss limits to protect your capital.
• Add Position Logic: Allows adding positions at predefined profit levels to maximize gains during strong trends.
• Time Restrictions: Avoids trading during high-impact economic events and user-defined no-trade periods to reduce risk.

Advantages:

• Optimized specifically for XAUUSD, ensuring high accuracy in gold trading.
• Flexible risk management with options for fixed lot sizes or percentage-based risk.
• Trailing stop and time-based exit mechanisms to lock in profits and minimize losses.
• Suitable for both swing trading (H1) and scalping (M5), catering to different trading styles.
• Easy-to-use interface with detailed parameter customization for beginner and advanced traders alike.

Expected Performance:

The Chrysus GoldTrader EA has been backtested extensively on historical XAUUSD data, showing steady profitability with a focus on capital preservation. While past performance is not a guaranteed predictor of future results, the EA typically achieves a monthly return of 5-10% with a drawdown of less than 15%, depending on market conditions and risk settings. It’s ideal for traders seeking a reliable, hands-free trading solution for gold.

※You can adjust parameters by yourself！