OBX Gold Trader EA V1.34 MT5

The OBX Gold Trader EA V1.34 is an advanced MetaTrader 5 Expert Advisor that automatically detects which symbol it is running on and switches between two proven trading strategies. On Gold (XAUUSD), it uses an Order Block Detection System based on Smart Money Concepts. On Forex pairs like GBPUSD and EURUSD, it switches to an MA25 Mean Reversion Strategy. With a backtested Profit Factor of 1.43 and a Sharpe Ratio of 16.67, this EA delivers statistical edge without martingale or grid risk.

📌 Key Features

• 🔀 Automatic Symbol Detection – No manual switching between Gold and Forex modes. The EA identifies the chart symbol and loads the correct strategy instantly.
• 🏦 Order Block Detection (Gold) – Identifies institutional supply/demand zones using impulse candles and volume filtering. Waits for a retest confirmation before entry.
• 📊 MA25 Mean Reversion (Forex) – Waits for price to stretch 1.5x ATR away from the 25-period Moving Average, then requires a reversal pattern (Engulfing or Pin Bar) with retest confirmation.
• 🛡️ Retest Confirmation Entry – Eliminates false breakouts by requiring price to return to the key level before entering. This increases win rate by 15-20%.
• 📐 ATR-Scaled Parameters – Stop Loss and Take Profit automatically adjust to current market volatility. Works on any timeframe and symbol.
• 🔒 Breakeven + Trailing Stop – Moves stop loss to entry at 20% of target. Activates ATR-based trailing stop at 50% of target to lock in profits.
• 💵 Margin Check Before Every Trade – Prevents over-leverage by calculating required margin and skipping trades if margin would fall below 200%.
• 🛠️ Broker-Safe Design – Auto-detects filling modes (FOK, IOC, RETURN) and normalizes lot sizes to broker specifications. No DLL required.

⚙️ Recommended Settings

• Gold (XAUUSD): M15 or M30 Timeframe | 1.0% – 1.5% Risk | ATR Period 14
• Forex (EURUSD, GBPUSD): H1 Timeframe | 1.0% – 2.0% Risk | ATR Period 14
• Minimum Deposit: $500 (Forex) | $1,000 (Gold recommended)
• Broker Type: ECN or RAW spread accounts preferred

✅ Advantages

• ✔️ One EA – Two independent strategies (Gold + Forex)
• ✔️ No martingale, no grid, no dangerous money management
• ✔️ Backtested Profit Factor 1.43 over 92 trades
• ✔️ Low drawdown – Only 7.43% maximal in backtest
• ✔️ Exceptional Sharpe Ratio of 16.67
• ✔️ Transparent logic – Order Blocks and Moving Averages
• ✔️ Retest confirmation prevents FOMO and fakeouts

❌ Disadvantages

• ❌ Requires a good ECN broker – High slippage kills performance
• ❌ No built-in news filter – Avoid running during NFP, FOMC, CPI
• ❌ Not for scalpers – Average holding time is 2-24 hours
• ❌ M5 timeframe for Forex not recommended due to spread noise
• ❌ Requires initial monitoring to verify broker compatibility

🌐Support & Disclaimer

Support

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

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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.