De Moore EA V2.18 MT5

INTRODUCTION

De Moore EA V2.18 MT5 is a fully automated scalping Expert Advisor designed exclusively for MetaTrader 5. It focuses on XAUUSD (Gold) trading on the M5 timeframe and uses trend-following, price action, and multi-timeframe analysis to identify trading opportunities. The EA handles the complete trading process including market analysis, trade entry, Stop Loss, Take Profit, trailing protection, risk calculation, spread monitoring, and news filtering, allowing traders to reduce screen time while applying consistent rules.

Key Features

• Fully automated MT5 Expert Advisor
• Exclusive focus on XAUUSD (Gold)
• Operates on the M5 timeframe
• Trend-following + price action + multi-timeframe analysis
• Automated Stop Loss, Take Profit, and trailing protection
• Built-in risk calculation and position control
• Spread monitoring and news filtering
• Compatible with hedging accounts and low-spread brokers
• Suitable for 24/5 operation on a VPS

Recommended Settings

Pair: XAUUSD
Timeframe: M5

• Lot size: 0.01 – 0.10 (or risk-based auto lot adjusted to account size)
• Stop Loss: Configurable (commonly 50–100 pips or equivalent points)
• Take Profit: Configurable (commonly 30–60 pips or equivalent points)
• Trailing Stop: Around 20 pips or point-based trailing
• Magic Number: User-defined
• Maximum spread filter and risk percentage options as preferred

Always load provided set files if available and adjust risk according to your own account size and risk tolerance.

Advantages

• Fully automated operation removes the need for constant chart watching
• Consistent rule-based execution eliminates emotional decision-making
• Significantly reduces screen time
• Built-in risk controls including SL, TP, trailing, spread filter, and news filter
• Designed specifically for XAUUSD M5 scalping with clear focus

Disadvantages

• Performance depends on market conditions and can experience longer drawdowns in ranging markets
• Requires a low-spread broker and good execution quality for optimal results
• News filter does not function in backtests, so live results may differ from historical tests
• Needs a reliable VPS for continuous 24/5 operation
• No guarantee of profits — proper risk management and thorough demo testing are essential

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.