📌 Introduction

The LRTC+Mid Bounce EA V1.06 is a specialized MetaTrader 5 Expert Advisor engineered exclusively for trading XAU/USD (Gold). It combines Long-Range Trend Continuation (LRTC) analysis with a precise "Mid Bounce" retracement strategy, allowing it to enter trades at optimal price levels during pullbacks within the dominant trend. This EA focuses on logical price action, risk management, and consistent performance rather than high-risk gambling strategies.

⚡ Key Features

✅ XAU/USD Optimized – Exclusively designed for Gold trading
✅ MT5 Platform – Leverages fast execution and advanced backtesting
✅ LRTC Trend Filter – Prevents counter-trend trades
✅ Mid Bounce Entry Logic – Enters at calculated retracement zones
✅ Strict Stop-Loss – Fixed risk per trade with no martingale
✅ Trailing Stop – Locks in profits automatically
✅ Customizable Lot Sizing – Fixed or risk-based percentage
✅ Time Filter – Avoids high-impact news periods
✅ Low Drawdown Design – Controlled risk exposure
✅ Multi-Timeframe Analysis – Uses higher TF for trend confirmation

⚙️ Recommended Settings

Timeframe M5 or M15 Lot Size 0.01 per $1000 balance (or 1-2% risk-based) Stop Loss ATR-based or fixed 300-500 pips Take Profit 1:1.5 to 1:2 Risk-Reward Ratio Max Spread 35 pips for XAU/USD Trade Direction Both (LRTC filters direction) Trailing Stop Enable at 200 pips profit Max Trades 1-2 concurrent trades Trading Hours London & NY sessions recommended

✅ Advantages

🛡️ No martingale or grid – safe money management
📊 Trend-confirmed entries – higher win probability
🧠 Removes emotional trading decisions
⏱️ Fully automated – set and forget
🔍 Transparent logic based on price action
📉 Low historical drawdown

❌ Disadvantages

📉 Underperforms in sideways/consolidating markets
💥 Vulnerable to news gaps and slippage
🖥️ Requires stable VPS for 24/7 operation
⏳ May have fewer trades in low volatility
🔧 Needs periodic optimization for changing market conditions

Conclusion

The LRTC+Mid Bounce EA V1.06 is a well-structured, risk-conscious automated trading solution for Gold enthusiasts. Its combination of trend filtering and mid-level retracement entries provides a disciplined edge in volatile XAU/USD markets. While not a magic bullet, it offers a solid foundation for traders seeking consistent, logic-driven automation when paired with proper risk management and reliable infrastructure.

Support & Disclaimer

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.