Gold Wrath EA

A precision-based Expert Advisor designed specifically for trading Gold (XAUUSD) on the 5M chart. This EA executes high-quality RSI cross over scalping trades on the 70% and 30% threshold. Minimizing drawdown in the market. this EA thrives on It’s all about strategy, timing, discipline, and a carefully crafted strategy to deliver consistent results. Whether you’re a seasoned trader or just starting, this system is designed to maximize your potential while minimizing the risks and distractions of the market and maintaining discipline and emotional destress.  

BENEFITS

Simple & Rule-Based Strategy

• Uses the Relative Strength Index (RSI) for clear overbought/oversold signals.
• Avoids complex indicators, making it easy to understand and modify.

Risk Management Improvements

• Auto lot sizing based on account balance.
• Margin checks prevent "Not enough money" errors.
• Max LotSize prevents excessive risk on high-margin instruments (e.g., XAUUSD).

Trailing Stop-Loss for Locking Profits

• Moves stop-loss to breakeven once profit reaches.
• Helps secure profits while allowing trades to run.

Fixed for MQL5 & Netting Accounts

• Works correctly in MetaTrader 5 (MT5) with netting mode brokers.
• Properly checks open positions before entering new trades.

No Premature Loss-Closing

• Avoids emotional trading decisions.