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Angels Eye is an MT5 expert advisor built for gold (XAUUSD). It combines several price-action and breakout strategies with lot sizing, basket trailing, a news filter and trading-hour controls.
Get one message the moment it launches, with its price.
Angels Eye is a fully automated expert advisor for MetaTrader 5 that focuses on gold, quoted as XAUUSD. It runs several price-action and breakout strategies side by side, looks at more than one timeframe, and manages orders and open trades without manual input once it is configured.
The EA watches gold price action on several timeframes and looks for breakout-style setups. Instead of relying on a single idea, it uses multiple independent strategies, so different market conditions can trigger different entries. Entries are placed through pending orders. The order management is built to avoid leaving unnecessary pending orders on the broker side, while still letting the EA react when price moves close to a valid level.
After a position is open, the EA continues to manage it. It uses basket-based trailing stop logic, which treats related trades as a group rather than each one on its own. You can choose between a fixed lot and automatic lot sizing, so position size can follow your account balance if you prefer.
The EA is designed mainly for gold (XAUUSD). Symbol names differ between brokers, so confirm the exact name in your Market Watch before attaching it. Because it analyses several timeframes internally, the chart you attach it to matters less than getting the symbol and settings right, but check the manual for the recommended chart setup.
Exact input names and default values can change between releases, so read the input tab and the manual before going live. The areas below are the ones to review.
| Area | What to check |
|---|---|
| Lot mode | Fixed lot or automatic sizing, and the risk level that goes with it |
| Trading hours | Start and end times in your broker's server time |
| Friday and weekend protection | When the EA stops opening new trades before the weekend |
| News filter | Which events are filtered and how long trading pauses |
| Basket trailing | How the group of trades is trailed |
| Pending orders | How orders are placed, kept and removed |
Gold can move quickly and spreads can widen around news and at rollover, which affects breakout systems in particular. The developer suggests a balance of around 1,000 USD or more, and says smaller balances mean higher relative exposure. Use a broker with low spreads and good execution, and consider a VPS close to its servers to limit latency.
Trading carries significant risk of loss. Backtests and past results do not predict future ones. Test on a demo account first and choose risk settings that suit your account size.
If you run it on a VPS, repeat the same steps there and keep the terminal open so the EA can manage orders continuously.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Main market | Gold (XAUUSD) |
| Timeframes | Multi-timeframe analysis; check the manual for the chart to attach |
| Trade style | Price action and breakout, using pending orders |
| Money management | Fixed lot or automatic lot sizing |
| Suggested balance | Developer suggests about 1,000 USD or more |
| Recommended setup | Low-spread broker and a VPS near the broker server |
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No. This is an MT5 expert advisor and will not run on MetaTrader 4. You need a MetaTrader 5 terminal and an account that allows automated trading.
It is designed mainly for gold, so attach it to XAUUSD. Some brokers add a suffix or use a different name, such as GOLD or XAUUSDm, so check the exact symbol in your Market Watch. A broker with low spreads, low slippage and reliable execution suits this type of strategy better.
The developer suggests a balance of around 1,000 USD or more, and notes that smaller balances lead to relatively higher exposure and more risk. Check the product page and manual for current guidance, and choose risk settings that fit your own account.
It is not mandatory, but the EA is meant to run continuously. A VPS close to your broker server keeps the terminal online and can reduce latency and execution delays.
Copy the EA file into the Experts folder via File, Open Data Folder, MQL5, Experts in MetaTrader 5. Restart the terminal or refresh the Navigator, enable Algo Trading, then drag the EA onto an XAUUSD chart and review the inputs before it starts.
Yes. Run it on a demo account first and use the Strategy Tester to learn how the settings behave. Tester results depend on data quality and spread assumptions, and past results do not predict future ones.
Angels Eye
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