GOLD Sniper by MOHD iK

GOLD Sniper by MOHD iK

GOLD Sniper by MOHD-iK is a high-precision automated trading system specifically engineered for XAUUSD (Gold). Built on the philosophy of trend exploitation and volatility harvesting, this EA is designed to identify and execute trades when Gold exhibits rapid price surges—a characteristic behavior of the metal during its seasonal and high-momentum cycles.

Unlike generic EAs, GOLD Sniper doesn't trade aimlessly. It waits for the "Gold Rush" moments, utilizing a sophisticated combination of Trend Filters and Momentum Indicators to enter the market when the probability of a significant move is highest.

Core Strategy

The EA focuses on catching the market trend when prices rise with high velocity. Since Gold historically trends upward during specific yearly cycles, GOLD Sniper is programmed to look for these specific "chances." It utilizes a triple EMA crossover system (13, 21, 55) confirmed by a 200-period Higher Timeframe Trend Filter and a Minimum ADX level (35+) to ensure entries only occur during strong, confirmed momentum.

Key Features

• Precision Momentum Entry: Uses ADX and EMA filters to avoid choppy markets and enter only during high-velocity price action.

• Dynamic Exit Logic: Features ATR-based Dynamic Take Profits and a 2-step Basket Trailing Stop to lock in profits as the trend progresses.

• Smart Recovery: Includes a controlled Grid & Averaging system with ATR-based distance calculation and a limited number of averaging trades (Max 7) to recover from temporary pullbacks.

• Strict Risk Control: Equipped with a hard 3% Daily Drawdown limit and a Daily Profit Target to protect your capital from over-trading or unexpected market shifts.

• News & Time Filtering: Integrated News Filter to avoid high-impact volatility and a Session Timer to trade only during peak liquidity hours (02:00 - 21:00 Server Time).

Recommendations & Settings

• Symbol: XAUUSD (Gold)

• Timeframe: M1 (Though the logic is designed to perform consistently across all timeframes).

• Minimum Balance: $1,000 (Recommended for 0.10 base lot performance).

• Broker: Any ECN broker with low spreads and fast execution.

Parameters Highlight

• Risk Management: Base lot calculation, Max Daily Drawdown (3%), Daily Profit Target.

• Take Profit Settings: ATR-based Dynamic TP (Multiplier 1.5).

• Trailing Stop: 2-Step Basket trailing for maximum profit protection.

• Grid Settings: ATR-determined distance for intelligent averaging.

• News Filter: Built-in protection (60 mins before / 180 mins after news).

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