Weekly Gold Pro

Weekly Gold Pro

GoldWeeklyPro is an automated Expert Advisor developed for trading XAUUSD (Gold) using a rule-based technical strategy. The Expert Advisor operates on higher timeframes and opens trades only when predefined technical conditions are met.

Strategy Overview

The Expert Advisor evaluates market conditions using a combination of trend filters, momentum indicators, and price pattern detection. Trade entries are generated only when the internal strategy criteria are satisfied.

• Primary Logic: Evaluates price position relative to a long-term Simple Moving Average, RSI values, and specific bullish price patterns.

• Secondary Logic: If primary entry conditions are not met, an optional secondary logic based on moving average crossover can be enabled.

Main Features

• Designed specifically for XAUUSD (Gold)

• Higher-timeframe operation

• Price pattern and indicator-based entries

• Optional moving average fallback logic

• Time-based trade exit option

• No grid, martingale, or hedging logic

Recommendations

• Symbol: XAUUSD

• Timeframe: H1 or H4

• Account Type: Any MT5 account supporting XAUUSD

• VPS: Recommended for continuous operation

Input Parameters

Strategy Settings

• FastMA: Fast moving average period

• SlowMA: Slow moving average period

• RSI_Period: RSI calculation period

• EnableFallback: Enable or disable moving average fallback logic

• UseNewsFilter: Enable or disable time-based news avoidance logic

Risk Management

• RiskPercent: Risk per trade based on account balance

• TakeProfitPips: Fixed take profit distance (optional)

• StopLossPips: Fixed stop loss distance (optional)

• ATR_Period: ATR calculation period

• SL_Multiplier: ATR-based stop loss multiplier

Time Settings

• MaxTradeDuration: Maximum time a trade may remain open

Risk Warning

Trading financial instruments involves risk and may result in losses. This Expert Advisor is a technical trading tool. Past performance does not guarantee future results. The user is solely responsible for all trading decisions.