
Description
INTRODUCTION
Weiwei Ares EA V1.22 MT5 is a free fully automated Expert Advisor designed specifically for XAUUSD trading on MetaTrader 5. It uses an adaptive multi-session trend engine that seeks confirmed opportunities across Tokyo, London, and New York sessions while managing positions through volatility-adaptive basket logic.
Key Features
- Fully automated XAUUSD trading on MT5
- Works on any timeframe
- Independently switchable Tokyo, London, and New York sessions
- Bidirectional long and short trading
- Dual-timeframe confirmation engine
- Volatility-adaptive basket spacing and take-profit
- Server-side dynamic basket hard stop-loss
- Progressive de-risking option
- Configurable drawdown control
- Flexible lot sizing modes
- High-impact USD news filter
- Monthly profit target and conservative session mode
- On-chart monitoring panel
Recommended Settings
Pair: XAUUSD
Timeframe: Any
Account Type: Hedging, ECN/RAW low-spread preferred
Leverage: 1:100 minimum (1:500 recommended)
Lot Sizing: Fixed lot recommended with regular withdrawals
Sessions: Enable preferred sessions or use Conservative Session Mode
Stop Loss: Leave disabled to use the EA’s dynamic basket stop-loss
VPS: Strongly recommended for multi-session operation
Advantages
- Fully automated multi-session coverage on gold
- Volatility-adaptive basket management
- Built-in progressive de-risking and drawdown controls
- Session filters and news protection
- Free official version available on MQL5 Market
- Clear on-chart panel for monitoring
Disadvantages
- Basket/grid style can face larger drawdowns in strong adverse moves
- Performance depends heavily on broker spreads, slippage, and execution
- Requires proper risk settings and demo testing before live use
- Not ideal for traders who prefer pure single-position systems
- Needs stable VPS or connection for reliable multi-session running
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.
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