INTRODUCTION

Mosquito EA V1.3 is a MetaTrader 5 Expert Advisor designed for automated trading on XAUUSD. It combines the author’s proprietary indicators with support and resistance levels plus price action to generate signals. The bot works on XAUUSD and the M15 timeframe. It opens only one order at a time and always applies a fixed stop loss and take profit.

Key Features

Works exclusively on XAUUSD
Timeframe: M15
Signal generation based on indicators, levels and price action
Maximum one open order
Fixed Stop Loss of 1000 points
Fixed Take Profit of 3000 points
Risk-reward ratio of 1:3
No martingale or recovery systems
Stop loss and take profit placed on every trade
Compatible with most MT5 brokers (low-spread preferred)
VPS highly recommended

Recommended Settings

Use the default fixed parameters of Stop Loss 1000 points and Take Profit 3000 points. Keep maximum orders set to 1. Run the EA on the M15 chart of XAUUSD. A minimum deposit of $100 is stated (preferably $500). Leverage of 1:500 is suitable. Always test thoroughly on a demo account before live use and ensure a stable VPS connection.

Advantages

Simple and transparent risk management with fixed 1:3 risk-reward
Single-order limit reduces over-exposure
No martingale or high-risk recovery methods
Fully automated execution removes emotional interference
Easy installation and operation on MT5
Designed specifically for gold trading on M15

Disadvantages

Limited to XAUUSD only
Fixed point-based stops do not adapt to changing volatility
Performance depends on broker spreads, execution and latency
Requires a reliable VPS for stable operation
No publicly verified long-term live results provided
Not suitable for traders who prefer multi-pair or adaptive strategies

Conclusion

Mosquito EA V1.3 MT5 offers a disciplined, single-order approach to automated XAUUSD trading on the M15 timeframe with clear stop-loss and take-profit rules. It suits traders who want a straightforward, non-martingale gold EA and are willing to test it properly on demo before considering live use. Always verify settings, broker conditions and risk parameters independently.

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.

Mosquito EA V1.3 MT5

Description