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Gold Level X is an MT5 expert advisor for XAUUSD that places pending orders around calculated price levels. It includes selectable lot sizing, optional news and Friday protection, trailing, and an on-chart dashboard.
Get one message the moment it launches, with its price.
Gold Level X is an automated expert advisor for MetaTrader 5 that trades gold (XAUUSD) using price levels and pending orders. It runs from its Inputs tab, so you set the behaviour directly in the terminal without loading a separate settings file.
The EA builds a structure of price levels on the gold chart and places pending orders relative to them. Trading is organised in cycles, and the number of cycles, the spacing between levels, the stop loss, the take profit and a stand-off distance can all be configured. Levels stay valid for a limited period, which the product describes as 96 hours, after which the structure is rebuilt.
You choose how position size is set:
These are management controls. They do not cap losses and they cannot remove the risk of gaps, slippage or fast moves in gold.
The EA is designed for XAUUSD, with H1 as the main timeframe. Brokers name gold differently, so confirm the symbol in your Market Watch. Spread, execution speed and contract specifications vary between brokers and can change the results noticeably, so use the broker you plan to trade with when testing.
The main options are listed below. Exact default values may differ, so read them in the Inputs tab after attaching the EA.
| Option | Purpose |
|---|---|
| Money-management mode | Fixed, deposit load or balance based lot sizing |
| Trading cycles | Number of cycles, with choices such as 3, 9 or 15 |
| Level settings | Level spacing, validity and stand-off distance |
| Stop loss and take profit | Configurable exit distances |
| News protection | Optional filter for high-impact USD events |
| Friday protection | Optional cutoff time before the weekend |
| Trailing | Optional trailing for open positions |
| Dashboard and level lines | Optional on-chart display of status and levels |
The dashboard shows account information, spread, lot size, open positions, pending orders, news status, Friday protection status and the overall EA status. Level lines can be drawn on the chart to show the trading structure.
Trading carries risk and past results do not predict future ones. Gold can move quickly, spreads can widen and fills can differ from what you see in testing. Do not trade money you cannot afford to lose, and test on a demo account first.
Before using real funds, run the EA in the Strategy Tester and on a demo account with your own broker, leverage and lot settings.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Symbol | XAUUSD (gold against the US dollar) |
| Main timeframe | H1 |
| Trade style | Level-based cycles using pending orders |
| Lot sizing | Fixed, deposit load or balance based |
| Optional controls | News filter, Friday protection, trailing, dashboard, level lines |
| Requirements | MT5 account allowing XAUUSD trading and algo trading enabled |
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No. This is an MT5 expert advisor and it will not run on MetaTrader 4. You need the MetaTrader 5 terminal and an account that offers XAUUSD.
The EA is built for XAUUSD with H1 as its main timeframe. Some brokers add a suffix or prefix to the gold symbol, so check the exact name in your Market Watch and attach the EA to that chart.
No. All controls are in the Inputs tab of the EA, including the lot sizing mode, trading cycles, level settings, protection options, trailing and display options.
There is no fixed figure that suits every account. The amount depends on your broker's contract size, leverage, spread and the lot settings you choose. Check these on a demo account and in the Strategy Tester before you consider live use. Small balances can be used only with very small exposure.
When enabled, the EA reads the built-in MT5 Economic Calendar and can block new entries around high-impact USD events. Positions that are already open continue to be managed. The calendar needs to be available in your terminal and broker connection.
No. Test it first in the Strategy Tester and on a demo account with your own broker, symbol, leverage and settings. Trading carries risk and past results do not predict future ones.
Gold Level X
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