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Flip A is an MT5 expert advisor for gold (XAUUSD). It reads the strength of the daily candle, trades with the trend during a chosen hour, and uses basket, drawdown and spread controls.
Get one message the moment it launches, with its price.
Flip A is an expert advisor for MetaTrader 5 that trades gold. It reads how strongly the daily candle is moving in one direction, and it opens positions only when that move is clear and the current hour is on your list of allowed hours.
The core idea is simple. The EA compares the body of the reference candle (daily by default) with the candle's full high-to-low range. A large body relative to the range suggests a decisive day. When that ratio goes above the threshold you set, and the body also meets a minimum size, the EA looks for an entry in the same direction. When the day looks indecisive, it stays out.
The minimum body size can be set in absolute points, as a multiple of ATR, or as a percentage of price. The ATR option lets the filter follow volatility as the gold price changes level.
The EA can add positions in steps, but only when the earlier one is already protected, either by accumulated profit or by a trailing stop that has moved into profit. Trailing can work per position, on the floating profit of the whole basket, or both. Breakeven moves the stop to entry plus a buffer once a trade has gained enough. A reversal exit closes the basket if the reference candle turns and begins to dominate against the position.
The EA is built for gold, so use XAUUSD or your broker's equivalent. The chart timeframe is largely irrelevant because the reference candle is read separately. A hedging account and a low spread are recommended.
Exact values depend on the preset you load and your broker. The main groups are listed below.
| Group | What you can adjust |
|---|---|
| General | Operating mode, magic number, comment, maximum deviation, point adjustment |
| Dominant candle | Reference timeframe, minimum strength, minimum body mode, weakness exit |
| Reversal exit | Activation, minimum opposing strength, time and range guards |
| Momentum | M1, M5 and M15 confirmation, number of candles in favour |
| Filters | EMA, RSI levels, maximum spread, allowed hours, news filter |
| Risk | Lot mode, adaptive risk, basket and daily loss limits, lot exposure |
The allowed hours setting takes a list of hours in broker server time. Check it against your own server before you trade.
Lot size can be set by risk percentage or as a fixed value. Adaptive risk can reduce size as drawdown grows and pause new entries beyond a threshold. The EA also simulates margin before opening a position, and offers a basket loss cap, a daily loss limit, a daily profit target and total and net lot exposure controls. These controls reduce risk but do not remove it. Baskets of positions can lose money, particularly in fast markets or with wide spreads.
Trading carries risk, and past results, including backtests, do not predict future ones. Test on a demo account and with your own broker's data before using real money.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, trend and momentum |
| Main market | Gold: XAUUSD or broker equivalent (XAUUSDc, GOLD) |
| Chart timeframe | Any; the reference candle is read from D1 by default |
| Trade style | Trend-following baskets, trading only in listed hours |
| Account type | Hedging account; low spread recommended |
| Lot sizing | Risk percentage or fixed lot |
| Other requirements | Economic calendar data in the terminal for the news filter |
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This listing is the MT5 expert advisor. It must be attached to a MetaTrader 5 terminal. Check the product files you receive to see whether anything for MT4 is included, and do not try to run an MT5 file in MT4.
Attach it to XAUUSD or your broker's gold symbol, such as XAUUSDc or GOLD. The chart timeframe does not matter much, because the EA reads the daily candle itself. Confirm that the symbol is visible in Market Watch.
Probably yes. The allowed hours are based on broker server time, so if your broker uses a different time zone the useful hour shifts by the same amount. Test the hours around the preset value in the Strategy Tester on your own broker data before running it live.
The EA is designed for hedging accounts, because it can hold several positions in the same direction as a basket. A netting account may not behave as intended, so confirm your account type with your broker first.
The filter uses the MetaTrader 5 economic calendar, so the calendar data must be available in your terminal. If it is not, the filter cannot work as expected, so check this before relying on it.
There is no fixed rule here. The developer suggests starting from about 1,000 units of account currency at 1% risk. Your own limit depends on leverage, spread, lot sizing and how much drawdown you can accept, so test on a demo account first.
Flip A
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