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Akali is an MT5 expert advisor for gold (XAUUSD) that scalps on the M1 chart and uses a tight trailing stop to close trades. It is built for low-spread ECN accounts and continuous running on a VPS.
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Akali is an expert advisor for MetaTrader 5 that trades gold (XAUUSD) on the one-minute chart. It is a scalping system that relies on a very tight trailing stop to close positions during fast price moves, so execution quality and spread matter a great deal.
The expert advisor looks for short bursts of movement in gold and manages open trades with a trailing stop placed close to the market price. The aim is to close a position soon after price moves in its favour, before a retracement occurs. Because the trailing distance is small, a wide spread or slow fill can change the outcome of individual trades significantly.
Akali offers a tighter and a wider trailing mode. The tighter mode closes trades sooner and suits very low spreads. The wider mode allows more room for price to move and may suit conditions where spread or slippage is higher. Check how each mode is named in the input list and test them on a demo account before choosing one.
The product description mentions a recovery element in the strategy. Before using it on a live account, look at the inputs to see how it works, in particular whether it increases lot size or opens additional positions after a loss. Make sure the exposure it can create fits your account size.
Exact input names and defaults can differ, so open the inputs tab after attaching the expert advisor and read each one. The table below lists the areas worth checking.
| Area | What to check |
|---|---|
| Trailing mode | Tighter or wider, depending on your broker's spread |
| Lot size or risk | Fixed lot or risk-based sizing, and a value suited to your balance |
| Recovery options | Whether position size or trade count increases after a loss |
| Time filters | Server time handling and trading hours |
| Spread limit | Maximum spread allowed when opening a trade, if available |
The minimum deposit is not stated here. Confirm a suitable balance with the setup guidance and your broker's contract specifications for gold.
Trading foreign exchange, gold and CFDs carries a high level of risk and you can lose more than you expect. Past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Scalping, Signals, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Symbol | XAUUSD (gold) |
| Timeframe | M1 (one minute) |
| Trade style | Scalping with a tight trailing stop |
| Account type | Raw ECN or low spread |
| Requirements | VPS recommended for 24/5 operation |
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Akali is an MetaTrader 5 expert advisor. It will not load in MetaTrader 4, so check that your broker offers an MT5 account before buying.
It is designed for XAUUSD on the M1 chart. Attach it to a single gold chart. Your broker may name the symbol slightly differently, for example with a suffix, so check the symbol name in your Market Watch.
Yes. A tight trailing stop is sensitive to spread and execution speed, so a raw ECN or low-spread account is needed. Server time and broker choice also affect behaviour, so read the setup guidance supplied with the product and compare it with your broker's conditions.
A VPS is strongly advised. The expert advisor needs the terminal to stay open and connected while the gold market is trading, and a home computer that sleeps or loses its connection can interrupt it.
You should. Run it on a demo account first, and use the Strategy Tester with good quality tick data to see how it behaves. Tester results depend on the spread and data used and do not predict live results.
Copy the .ex5 file into the Experts folder through File, Open Data Folder, MQL5, Experts in MT5. Restart the terminal or refresh the Navigator, then drag Akali onto an XAUUSD M1 chart and enable algorithmic trading.
Akali
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