Lizard EA V1.72 MT5

🤖 Introduction

Lizard EA V1.72 is a fully automated Expert Advisor developed exclusively for XAUUSD (Gold) on MetaTrader 5. It employs a sophisticated multi-strategy swing breakout system that identifies key structural levels on the H1 chart and places pending stop orders at precisely calculated entry points. The EA explicitly rejects martingale, grid, and averaging systems, ensuring every trade has a defined Stop Loss and Take Profit with active position management through a multi-layered exit system.

⭐ Key Features

• Multi-Strategy Architecture: Six independent strategies run simultaneously, each with its own Stop Loss, Take Profit, trailing system, magic number, and risk weighting for genuine diversification
• Smart Time Filter: Individually calibrated kill-hours based on historical GMT performance analysis blocks hours with profit factor below 1.0
• Multi-Layered Exit System: Break Even, Trailing Stop Loss, Trailing Take Profit, Magic Trail (step-based SL progression), and Virtual Stop Loss for comprehensive position management
• No Martingale, No Grid, No Averaging: Every trade has a defined Stop Loss and Take Profit with no recovery modes
• NFP Protection: Automatically pauses trading before and after Non-Farm Payrolls releases
• Market Close Protection: Pending orders are automatically removed before the daily market close window
• Prop Firm Compatible: Configurable maximum daily drawdown input specifically designed for prop firm challenge rules
• Automatic Tiered Activation: Zone A strategies active up to $1000; both Zone A and Zone B active above $1001

⚙️ Recommended Settings

• Pair: XAUUSD (Gold)
• Timeframe: H1
• Platform: MetaTrader 5
• Minimum Balance: $250
• Account Type: Hedging (ECN/RAW recommended)
• Recommended Leverage: 1:100 or higher
• VPS: Strongly recommended for 24/5 uninterrupted trading

✅ Advantages

• No martingale, no grid, no averaging - genuine risk management
• Six-strategy architecture provides diversification within a single instrument
• Defined Stop Loss and Take Profit on every trade
• Prop firm compatible with configurable daily drawdown limits
• Smart filters including NFP protection and market close protection
• Active developer support with regular updates
• Proven backtest results with 85.32% win rate across 879 trades

⚠️ Disadvantages

• Live signal is relatively young (approximately 4 weeks as of mid-2026)
• Limited backtest period covering only 17 months of market data
• Live drawdown (18.3%) is significantly higher than backtest figures (6.30%)
• Requires specific account configuration (hedging, ECN/RAW, VPS)
• Exclusively developed for XAUUSD only - no multi-pair trading
• Untested across sustained range-bound market conditions which typically challenge breakout strategies

Support & Disclaimer

Support

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

WhatsApp: Click here

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.