Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
SuperTrend Gold MT5 V3.1 – Gold Spot EA Based on SuperTrend Indicator
The Supertrend Gold EA MT5 is the automated trading version of our popular Supertrend Line for MT5 indicator.
It follows the same proven trend logic, but with the added benefit of fully automatic trade execution and management.
The EA enters trades based on SuperTrend signal changes and closes them either when a user-defined Take Profit is reached or when an opposite signal appears. No Stop Loss is used, and all risk is controlled via a maximum drawdown limit.
Key Features
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Signal-based entry and exit
Trades are opened on SuperTrend direction changes and closed when either TP is reached or the trend reverses. -
Take Profit only, no Stop Loss
The EA uses a fixed TP and does not place SL orders. Risk is managed using internal logic and drawdown control. -
Optimized for Gold (XAUUSD)
Best used on H1 or H4 timeframes, where SuperTrend performs reliably. -
No martingale, grid, or averaging
One clean trade per signal with no risky recovery systems. -
Drawdown protection
Option to close all trades if the floating drawdown exceeds a defined threshold. -
Fast and lightweight
Designed for smooth performance in backtests and live trading.
Recommended Settings
| Parameter | Description |
|---|---|
| Symbol | XAUUSD (Gold Spot) |
| Timeframe | H1 or H4 |
| Take Profit | User-defined (e.g., 500 points) |
| Stop Loss | Not used |
| Lot Size | Adjustable (starts at 0.01) |
| Max Drawdown | Configurable in % (e.g., 10%) |
Why Choose SuperTrendTrader XAU?
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Straightforward strategy, easy to understand
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No dangerous recovery mechanisms
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Logical entries and exits based on price action
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Passed extensive backtesting from 2024–2025
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Suitable for traders who prefer indicator-based systems without SL
Tip: This EA works best when left running continuously to capture full trend cycles.
Manual Trading Version Available
If you prefer manual control or want to see the signals visually, try the Supertrend Line for MT5 indicator — the same logic behind this EA.
Click here to view the indicator
