Devils Contract EA V2.23 is a fully automated multi-strategy Expert Advisor for MetaTrader 5 designed exclusively for XAUUSD. It combines up to 36 internal trading strategies within one shared grid, basket, and risk-management system to handle different market conditions on gold.

Key Features

Up to 36 internal strategies covering trend, momentum, breakout, mean-reversion, volatility, and multi-timeframe signals
Progressive grid and basket management without Martingale lot multiplier
Virtual basket trailing
Magic Number-based drawdown protection (default 30%)
Integrated high-impact USD news filter
Spread filter
Auto Lot and Fixed Lot money management
Information panel on chart
Designed for MT5 hedging accounts

Recommended Settings

Pair XAUUSD Timeframe M1 Account Type MT5 Hedging Minimum Capital 1,000 USD (technical min 300 USD) Lot Sizing Auto Lot (0.01 per 1,000 USD) or Fixed 0.01 Grid Distance Default progressive (base 250 points) Drawdown Protection Enabled (30%) News Filter Enabled (High-impact USD) VPS Strongly recommended

Advantages

Multi-strategy approach adapts to different gold market phases
No Martingale lot multiplier reduces aggressive risk compounding
Built-in news, spread, and drawdown filters
Clear focus on XAUUSD with symbol detection for most brokers
Free demo available for testing
Progressive grid spacing helps manage strong moves better than fixed-distance grids

Disadvantages

Grid system can still create significant drawdown and high margin usage in prolonged trends
Requires true MT5 hedging account (not suitable for netting accounts)
Needs continuous operation via VPS for proper grid and trailing function
Higher capital recommended for safer operation
Results vary strongly depending on broker spreads, execution, and market conditions
Not suitable for traders seeking simple non-grid or single-position systems

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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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.