Straddle EA V1.1.38 MT5

Introduction

Straddle EA V1.1.38 MT5 is a fully automated Expert Advisor designed exclusively for XAUUSD on the M15 timeframe. It uses a multi-level pending-order grid-straddle strategy with tiered lot sizing, real-time trend detection, individual trailing stops, and basket profit targets. Version 1.1.38 supports both standard USD accounts and cent accounts.

We provide a 5-account license with this EA.

Key Features

• Multi-level adaptive pending Buy Stop & Sell Stop grid
• Intelligent tiered lot sizing (Near, Mid, Far tiers)
• Real-time trend detection and adaptive side management
• Individual-leg trailing stops + basket profit targets
• Hard daily stop, floating equity stop, and daily profit cap
• Post-loss cooldown and maximum floating-time limit
• On-chart information panel for real-time monitoring
• Supports both USD and Cent accounts
• 5 Account License included

Recommended Settings

Pair: XAUUSD (Gold only)
Timeframe: M15
Account Type: Standard USD or Cent
Broker: Low-spread RAW/ECN (max 1.4 pips), 2-digit pricing, minimum 1:1000 leverage
Always load the official setfile for best results.

Advantages

• Fully automated dual-sided grid captures breakouts and range moves
• Tiered lots and trend filter help control classic grid risk
• Multiple daily risk layers keep losses within defined limits
• Works on both USD and Cent accounts
• Clear on-chart panel for easy monitoring
• 5-account license offers flexibility

Disadvantages

• Still a grid system – strong trends can create floating drawdown
• Highly sensitive to spread and broker conditions
• Requires sufficient capital and continuous VPS connection
• High trade frequency may increase commission costs
• Backtest results do not guarantee live performance

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.