NY Prime EA

NY Prime EA

Designed for XAUUSD traders who value consistency and controlled risk, NY-Prime EA focuses on stable and sustainable trading by avoiding high-risk strategies such as grid, martingale, or hedging systems. Developed for real market conditions rather than misleading historical optimization, this automated trading system is a breakout scalper specifically built for trading XAUUSD (Gold) during the New York session. It limits overtrading by executing only one trade per day, while utilizing precise entry logic to capture high-probability market movements. The strategy is based on a common market behavior where volatility increases after periods of price consolidation: the market typically forms a narrow price range before the New York session begins, and stronger directional movements frequently occur as liquidity increases at the session's opening. NY-Prime EA identifies these patterns and automatically executes trades using predefined risk management rules, aiming to capture structured breakout movements while maintaining disciplined and controlled risk exposure.

Live Signal: https://www.mql5.com/en/signals/2363998?source=Unknown

Contact me for the correct settings files.

How to Set Up the EA

Install NY-Prime EA in MetaTrader.

Open an XAUUSD chart.

Select timeframe M1 or M5

Attach the EA to the chart.

Enable AutoTrading.

Adjust input parameters if necessary.

Trade Requirements

Symbol: XAUUSD (Gold)

Recommended timeframe: M1 or M5.

Minimum deposit: 50 USD

Recommended deposit: 100 USD or higher

Recommended leverage: 1:100 or higher

Account type: ECN or low-spread broker recommended

VPS: Recommended for stable execution

Key Benefits

Fully automated trading system

Only one trade per day

No Martingale , No Grid ,No Hedge

Independent trade management

Stop Loss protection for every trade

Transparent and structured trading logic

Adjustable SL&TP and Trailing stop parameters.

Simple installation and setup

Optimized for XAUUSD trading conditions

Main Features

New York session breakout strategy

Pre-session price range detection

Automatic breakout order execution

Automatic lot calculation option

Fixed lot trading option

Spread protection filter

Slippage protection filter

News filter option

Holiday trading protection

Fully automated trade management

Risk Management

NY-Prime EA follows a structured risk management model.

The system prioritizes capital protection over aggressive growth.

The system does not use martingale strategies, grid trading,hedge or recovery techniques.

Every trade is protected with predefined risk parameters.

Drawdowns may occur depending on market conditions. This is a normal aspect of systematic trading.

Input Parameters

AutoLot: Automatically calculates the lot size based on the account balance.

FixedLot: Defines a fixed lot size used when AutoLot is disabled.

LotPer1000: Defines the lot size per $1000 of account balance when AutoLot is enabled.

Enable_MaxSpread: Enables spread protection.

MaxSpreadPoints: Maximum allowed spread value in points.

Enable_MaxSlippage: Enables slippage protection.

MaxSlippagePoints: Maximum allowed slippage in points.

GMT: Defines the broker server time offset relative to GMT (winter time).

Magic: Unique identifier used by the EA to manage its own trades.

OrderComment: Custom comment attached to EA trades.

Enable_Holiday: Disables trading during the holiday period between December 19 and January 10.

Enable_NewsFilter: Enables economic news protection.

NewsGMT: Defines the GMT offset used for the news filter.

Risk Warning

Trading financial markets involves risk.

Past performance does not guarantee future results.

It is recommended to test the EA on a demo account before using it on a live trading account.