
Hephaestus EA is an MT5 expert advisor built for gold priced in euros (XAUEUR) on the H1 chart. It enters on pattern conditions, attaches stop loss, take profit and trailing to each trade, and includes daily drawdown and trade-count limits.
Get one message the moment it launches, with its price.
Hephaestus EA is an MT5 expert advisor that trades gold priced in euros, the XAUEUR symbol, on the H1 chart. It looks for specific price patterns on closed hourly bars and manages each position with a stop loss, a take profit and a trailing function.
The entry logic is pattern based. When the conditions the developer has coded appear on the H1 chart, the EA opens a trade. Because the analysis is done on hourly data, it does not need to react to every tick, although execution quality and spread still matter.
Every trade carries a stop loss and a take profit, and a trailing profit routine can move protection as price develops. Depending on market conditions, the EA may add further orders, including ones in the opposite direction. The developer describes one to three open orders as typical and up to five as rare. This behaviour is why a hedging account is required, and why you should review the combined exposure when several orders are open.
The store lists this product under gold and XAUUSD. If you intend to use a different gold symbol, confirm with the developer that it is supported and test it first.
The exact input list can change between releases, so open the EA's input tab after attaching it and read each parameter. The table below summarises what to look for.
| Area | What to check |
|---|---|
| Lot size or risk | Choose a size that fits your balance and the possibility of several open orders |
| Daily drawdown limit | Useful for prop firm rules; set it to match the firm's limit with a margin |
| Maximum trades | Caps the number of transactions if your broker or firm requires it |
| Magic number | Use a unique value if other EAs run on the same account |
The developer offers guidance on broker choice and personal settings after purchase, so it is worth contacting them before going live.
Trading leveraged instruments such as gold carries a high level of risk, and past results do not predict future ones. Opening several orders, including opposite ones, can increase exposure and margin use. Test on a demo account first and never risk money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account required) |
| Strategy focus | Gold or XAUUSD, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Main market | XAUEUR (gold/euro); check XAUUSD support with the developer |
| Timeframe | H1 |
| Trade style | Pattern entries, several orders per signal possible |
| Order count | Usually 1 to 3 open orders, occasionally up to 5 |
| Suggested deposit | Developer lists 500 minimum; leverage 1:30 or higher |
| Requirements | VPS, low-spread broker with 2-digit gold quotes |
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No. This product is written for MetaTrader 5 only. It also needs an account with the hedging position mode, because it can hold orders in both directions at once.
The EA is designed for XAUEUR on the H1 chart. The store lists it under gold, so if you want to try XAUUSD, ask the developer first and test it in the Strategy Tester before using real money.
A VPS is recommended. The EA manages open orders and trailing profit, so it needs the terminal to stay online and connected. A stable, always-on setup avoids missed management of trades.
The inputs include a daily drawdown limit and a cap on the number of trades, which can help you follow firm rules. Read your firm's conditions carefully, confirm that EAs and hedging are allowed, and set the limits to match.
Choose a broker with a low spread on gold and 2-digit quotes. The developer suggests a spread of up to about 25 points on XAUEUR. Check your broker's real spread at different times of day before running the EA.
It is described as compatible with other systems. Make sure each EA uses a different magic number, and watch the combined exposure and margin use across all of them.
Hephaestus EA
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