Introduction

Price Action Gold PRO EA V1.0 MT5 is an Expert Advisor designed for trading Gold (XAUUSD) on the MetaTrader 5 platform. It uses classic price action pattern analysis instead of high-risk methods such as grid, martingale or loss recovery. Every order is protected by a fixed Stop Loss and Take Profit. The EA can open multiple independent trades in both directions on a hedge account and is stated to be compatible with regular brokers as well as prop firms including FTMO. Minimum recommended deposit is $300.

Key Features

Price action pattern-based entries on XAUUSD
Fixed Stop Loss and Take Profit on every order
No grid, martingale or recovery strategies
Supports 1 to 5 concurrent trades with individual profit trailing
Breakeven function and adjustable Risk/Profit ratio
Fixed lot or auto-lot based on balance step
Max Drawdown percentage filter
Optional Friday trading limit
Works on hedge accounts only
Compatible with prop firms and FTMO
Unique set files and installation guidance provided after purchase
Future updates included in the purchase price

Recommended Settings

Pair: XAUUSD (Gold)
Timeframe: H1

Attach the EA to the XAUUSD H1 chart on a hedge account. Select an acceptable risk level using the Risk/Profit ratio and Max DD settings. Use either Fixed Lot or Auto Lot according to your capital. Load the set files supplied by the seller after purchase for recommended configuration. Always test thoroughly on a demo account before going live.

Advantages

Clear fixed-risk structure with SL and TP on every trade
No aggressive recovery methods that can increase drawdown
Simple parameter set focused mainly on risk control
Ability to run multiple independent trades simultaneously
Suitable for both regular brokers and prop firm accounts
Post-purchase support for installation and free VPS guidance from certain brokers

Disadvantages

Requires a hedge account (not suitable for netting accounts)
Trade frequency is relatively low (several trades per week) with possible multi-day idle periods
Performance depends heavily on broker spreads, slippage and execution quality on gold
No independently published long-term live results provided in the product information
Incorrect risk or lot settings can still lead to significant drawdowns
Needs a stable VPS for continuous operation

Support & Disclaimer

Support:

If you need help installing or Downloading 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.

Price Action Gold PRO EA V1.0 MT5

Description