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NeonGamer EA is an MT5 expert advisor for gold (XAUUSD) on the M15 chart. It opens a grid basket only after several trend, momentum and spread checks agree, and it includes a daily loss limit.
Get one message the moment it launches, with its price.
NeonGamer EA is an MetaTrader 5 expert advisor made for gold. It uses a grid averaging approach, but it will only start a basket after a chain of trend and momentum checks has passed on the M15 chart.
On each candle the EA tests a set of conditions before it places a first order. All of them must be true at the same time:
If price then moves against the position, the EA adds further orders. The distance between them is based on ATR, so the grid spacing changes with current volatility instead of staying fixed. When the average price of the open positions reaches the profit target, the whole group is closed together.
A daily loss limit is set as a percentage. When the combined realised and floating loss for the day reaches it, the EA stops opening new trades, and you can choose to have it close everything at that point. The counter resets the next day. A spread gate blocks entries in abnormal conditions, and a session filter limits trading to the hours you prefer.
The EA is built for XAUUSD on M15. It needs a hedging or netting account, and an ECN or raw spread account is advised. Listed suitable brokers include Exness Raw, Vantage Raw, Fusion Markets, FP Trading, VT Markets, IC Markets and Pepperstone, but you should confirm your own account conditions and symbol name.
Exact input names and defaults can differ, so open the inputs tab and read each description. The main areas are:
| Area | Purpose |
|---|---|
| Lot mode | Fixed lot, or auto lot that scales with balance |
| Daily loss limit | Percentage at which new trading stops for the day |
| Close on limit | Optionally closes all positions when the limit is reached |
| Broker type | Default, or Exness for Exness accounts |
| Session hours | Restricts when the EA may open trades |
| Spread filter | Blocks entries when spread is too wide |
| Trade comment | Custom label to help with journal tracking |
The EA draws a neon-styled panel on the chart with balance, equity, profit, open positions, win rate and spread, and it applies a colour scheme with EMA lines. If you prefer your own chart layout, check whether you can adjust this appearance.
Trading carries risk, and grid strategies can accumulate several open positions during a strong move against them. Past results do not predict future ones. Test on a demo account, start with small lots and never risk money you cannot afford to lose.
Running the terminal on a VPS is recommended so the EA stays active.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, grid averaging with trend filters |
| Market | Gold, XAUUSD |
| Timeframe | M15 |
| Account type | Hedging or netting; ECN or raw spread account |
| Lot modes | Fixed lot or auto lot scaled to balance |
| Suggested capital | About 1,000 USD at 0.01 lot; 2,000 USD or more preferred |
| Other requirements | Leverage 1:100 or higher; a VPS is recommended |
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No. This product is an MT5 expert advisor and will not run in MetaTrader 4. You need a MetaTrader 5 terminal and an account that offers XAUUSD.
Attach it to an XAUUSD chart set to M15. Other symbols and timeframes are not what it was designed for. Check that your broker's gold symbol name matches, since some brokers add a suffix.
It is designed for hedging or netting accounts with ECN or raw spread pricing, because it has a spread filter and gold spreads can be wide on standard accounts. The developer lists several raw-spread brokers, and there is a broker type input with a specific option for Exness. Check your own broker's conditions before going live.
The stated guidance is a minimum of about 1,000 USD at 0.01 lot, with 2,000 USD or more preferred, and leverage of 1:100 or higher. Grid strategies can hold several positions at once, so a larger balance gives more room. Test on a demo account first.
A VPS is strongly recommended. The EA checks every candle and manages open baskets, so it works best when the terminal stays connected and running.
Yes. You can choose the lot mode, the daily loss percentage, whether positions are closed when the limit is hit, the broker type and other inputs. Read each input description in the EA's settings window and test changes on a demo account.
NeonGamer EA
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