
Description
INTRODUCTION
MoonDog EA V3.34 MT5 is an automated Expert Advisor designed for MetaTrader 5, focusing mainly on XAUUSD. It works on a combination of indicators, levels, and price action without using AI or dangerous trading methods. The EA places only one order at a time and always sets a Stop Loss and Take Profit with a target risk-reward ratio of 1:3.
Key Features
- Works on MetaTrader 5 platform
- Specialized for XAUUSD
- Uses indicators, levels, and price action
- Only one order at a time
- Always places Stop Loss and Take Profit
- Risk-reward ratio of 1:3
- No martingale or recovery methods
- Easy to install and use
- Compatible with most brokers (low spread preferred)
- VPS highly recommended for stable performance
Recommended Settings
Pair: XAUUSD
Timeframe: M15 or H1
Minimum recommended deposit: $100 (better $500)
Leverage: 1:500
Account type: Any
VPS: Strongly recommended
Advantages
- No martingale or high-risk recovery systems
- Clear Stop Loss and Take Profit on every trade
- Simple and easy installation
- Works on popular gold timeframes (M15 and H1)
- Not overly sensitive to broker conditions
- Suitable for traders who prefer structured risk management
Disadvantages
- Limited to XAUUSD only
- Performance depends on broker spread, slippage, and execution quality
- Requires proper VPS for continuous operation
- Results can vary in different market conditions
- Needs proper testing on demo before live use
- Not suitable for traders looking for multi-pair systems
Support & Disclaimer
Support:
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
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.
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