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Gold Singgalang is an MetaTrader 5 expert advisor for XAUUSD that enters on breakouts and places one trade at a time, with stop loss and take profit set from ATR. It is aimed at the H4 and D1 charts.
Get one message the moment it launches, with its price.
Gold Singgalang is an expert advisor for MetaTrader 5 that trades gold (XAUUSD) using a breakout approach. It opens a single position per signal and sets the protective stop loss and the take profit from the Average True Range (ATR), so exit distances follow current volatility rather than fixed point values.
The EA watches price on the chart it is attached to and looks for a breakout from recent price action as its entry trigger. When a signal appears it opens one trade. The stop loss and take profit are calculated from ATR, which means they widen when gold is moving a lot and tighten when it is quiet.
The developer describes the system as single entry, without grid or martingale position building. The EA does not read account history to decide on trades. Check the exact entry rules and exit behaviour in the strategy tester before you rely on them.
Spread has a large effect on a breakout system that uses ATR-based stops, so the developer stresses low-spread accounts. Accounts without commission and swap are preferred. Brokers listed as tested by the developer include IC Markets, Tickmill, RoboForex and Exness. Your own results will depend on your broker, server and account type.
The developer provides a settings file for the daily chart. Exact input names and defaults can differ between releases, so open the Inputs tab after attaching the EA and read each field before trading. The table below lists the areas to review.
| Area | What to check |
|---|---|
| Position size | Lot size or risk setting; match it to your balance and risk limit |
| ATR stop loss and take profit | Period and multipliers that set exit distances |
| Breakout logic | Lookback or filter inputs that define the entry trigger |
| Magic number | Keep it unique if several EAs run on one account |
| Trading filters | Any spread or time limits, if offered |
The developer suggests a deposit of around 3000 USD for standard accounts. Cent accounts report balance in smaller units, so check how your broker presents the balance and set the lot size accordingly. Because gold can move sharply, size positions so that a string of losing trades would not put the account under pressure.
Trading leveraged products such as gold carries a high level of risk, and you can lose more than you expect. Past results and backtests do not predict future performance. Test on a demo account first and only trade with money you can afford to lose.
For continuous operation, many traders run the EA on a VPS so that the terminal stays connected. Check your broker's symbol name, contract size and trading hours before you start.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Grid, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, breakout strategy |
| Market | Gold, XAUUSD |
| Timeframes | H4 and D1 (daily) |
| Trade style | Breakout entry, single trade with ATR-based SL and TP |
| Account types | Cent, micro, standard, raw or zero-spread |
| Suggested deposit | Developer suggests around 3000 USD; confirm for your account |
| Requirements | Algo trading enabled, low spread, stable connection or VPS |
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It is an expert advisor for MetaTrader 5. It will not load in MetaTrader 4, so make sure your broker offers an MT5 account before buying.
It is made for gold, usually quoted as XAUUSD. The developer recommends the H4 and D1 charts. Your broker may add a suffix to the symbol name, which is fine as long as the instrument is spot gold.
The developer describes it as a single-entry system that places one trade with an ATR-based stop loss and take profit, without grid or martingale averaging. You should still confirm this in the strategy tester and on a demo account before going live.
Low spread matters most for this kind of system. The developer recommends cent, micro, standard, raw or zero-spread accounts, ideally with low or no commission and swap. Brokers the developer lists as tested are IC Markets, Tickmill, RoboForex and Exness, but conditions differ by account type and change over time.
Download the package, copy the expert file into the MQL5/Experts folder via File > Open Data Folder in MetaTrader 5, then restart the terminal or refresh the Navigator. Drag the EA onto an XAUUSD chart and enable algo trading. If a settings file is included, load it from the Inputs tab.
Yes, in the MT5 strategy tester. The developer says the 1 minute OHLC model is a faster option. Use quality tick data where you can, and remember that backtests do not predict live results.
Gold Singgalang MT5
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