Available soon
Loading product…
Emas Gold Sniper is an MT4 expert advisor for XAUUSD on the M5 chart. It places pending orders after a fast and slow EMA crossover and manages them with a stop loss, trailing stop and spread and time filters.
Get one message the moment it launches, with its price.
Emas Gold Sniper is an expert advisor for MetaTrader 4 that trades gold (XAUUSD). It watches for a crossover between a fast and a slow exponential moving average on the M5 chart and then places pending orders around the price, with a stop loss and a trailing stop attached to each trade.
The EA calculates two exponential moving averages. When the fast average crosses above the slow one, it treats this as a bullish signal and places BuyStop orders above the market. When the fast average crosses below the slow one, it treats this as a bearish signal and places SellStop orders below the market. Because the orders are pending, a trade opens only if price continues in the signalled direction.
Rather than placing one order, the EA can place several pending orders at set distances from the current price. Three inputs shape this: the distance between price and the order, the maximum distance allowed for any order, and the maximum number of pending orders at one time. Keeping these small limits how many orders are waiting, but a grid can still build up several open positions in a fast market.
The EA is built for gold and is intended for the M5 timeframe. Gold can be volatile and spreads change through the day, so check your broker's typical spread and execution speed on XAUUSD. Pending orders must be permitted on your account, and the account should allow multiple positions in both directions.
The table lists the main inputs. Default values can differ between copies, so open the Inputs tab and confirm each value before running the EA on a live account.
| Input group | What it controls |
|---|---|
| MagicNumber | Identifies the orders that belong to this EA |
| Fast and slow MA period, MA method | The EMA crossover that produces signals |
| Delta, maximum distance, maximum pending orders | Placement and number of grid orders |
| Stop loss, trailing start, trailing step | Protection and trailing behaviour |
| Fixed lot or risk percentage | Position sizing method |
| Start hour, end hour | Trading window, in broker server time |
| Maximum spread, slippage | Execution conditions |
| Background and candle painting | Optional chart visuals |
Trading carries risk, and you can lose some or all of your deposit. Past results, including any back-test, do not predict future ones. Grid and pending-order methods can open several positions in the same direction, so size your risk carefully and test on a demo account first.
Run a back-test with good quality tick data and then a forward test on demo before using real funds. Keep in mind that the spread, commission and slippage on gold change the outcome, so test with figures from your own broker.
For continuous operation, many traders use a VPS so that the terminal stays connected and orders continue to be managed.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Market | Gold, XAUUSD |
| Timeframe | M5 recommended |
| Trade style | EMA crossover, pending orders, grid, short-term |
| Order types | BuyStop and SellStop pending orders |
| Account type | ECN, STP or raw spread suggested |
| Requirements | Hedging allowed, pending orders allowed, VPS advised |
No reviews yet. Customers who own Emas Gold Sniper can review it here.
No. This listing is for MetaTrader 4 only. An MT4 expert advisor cannot be loaded in MT5, so make sure your broker account runs on MT4 before you buy.
It is designed for gold, usually quoted as XAUUSD, on the M5 chart. Your broker may add a prefix or suffix to the symbol name, such as XAUUSD.m. Attach the EA to the symbol exactly as it appears in your Market Watch.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the EA onto an XAUUSD M5 chart and make sure that Algo Trading is switched on.
Because it uses pending orders, a trailing stop and a spread filter, an account with fast execution, tight gold spreads and no restrictions on pending orders is the usual choice. ECN, STP or raw spread accounts are often suggested. Check your broker's stop level and spread on gold before going live.
The description given for the product mentions a balance of around 1,000 USD and lot sizes of 0.20 to 0.50, but you should treat these as starting points to review, not as advice. Test on a demo account first, and choose a lot size or risk percentage that fits your own balance and loss tolerance.
Yes. The inputs cover the EMA periods, stop loss, trailing stop, grid distances, maximum pending orders, trading hours, maximum spread and lot sizing. Review each value in the Inputs tab and test any change in the Strategy Tester or on a demo account.
Emas Gold Sniper
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT4 tools with a similar focus.
Own Emas Gold Sniper? Sign in to review it.