Available soon
Loading product…
Obsidian Path is an MT5 expert advisor built for gold (XAUUSD) on the M30 chart. It looks for temporary pullbacks inside a trend and manages each trade with stop loss, take profit and trailing logic.
Get one message the moment it launches, with its price.
Obsidian Path is an expert advisor for MetaTrader 5 that trades gold, quoted as XAUUSD, on the M30 timeframe. Its approach is to wait for a short retracement within a prevailing trend and then enter in the direction of that trend, rather than buying or selling at the first sign of movement.
The core idea is a pullback entry. When price is moving in one direction, it often steps back before continuing. The EA looks for that step back and opens a position when conditions line up with the trend. Support and resistance levels form part of the context, so entries are tied to areas where price has previously reacted.
Each trade is managed with a stop loss, a take profit and a trailing stop. The strategy tags for this product also mention grid, so you should read the input list carefully and observe the EA on a demo account to understand how it behaves when more than one position is open.
Gold can move quickly and spreads vary widely between brokers and sessions. Check your broker's typical spread, commission and execution speed before you start.
The exact input names and default values may differ, so open the inputs tab after attaching the EA and read each item. In general, expect to review the following areas.
| Area | What to check |
|---|---|
| Risk | Lot size or percentage risk per trade; start small |
| Trading times | Sessions in which the EA may open trades, adjusted to your broker's server time |
| Stops and targets | Stop loss, take profit and trailing distances, which depend on gold's price scale |
| Identification | Magic number, so it does not clash with other EAs |
The author states that testing without the recommended settings may give wrong results. Obtain and apply those settings, and use good quality tick data when backtesting.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests and any figures shown elsewhere, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Run the EA on one chart only. For continuous operation, many traders use a VPS so the terminal stays connected. Monitor open trades regularly, especially around major news releases that affect gold.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, trend and pullback entries |
| Symbol | XAUUSD (gold) |
| Timeframe | M30 |
| Trade style | Trend pullback with support and resistance context |
| Account types | Standard, ECN and prop firm accounts |
| Minimum deposit | Author lists about 100 USD; confirm against your broker's contract size |
| Requirements | Algo trading enabled, stable connection or VPS, one chart only |
No reviews yet. Customers who own Obsidian Path can review it here.
It is designed for XAUUSD on the M30 chart. Attach it to a single chart with those settings. Using other symbols or timeframes is outside its intended design, so test carefully before doing so.
No. This is an MT5 expert advisor and will not run on MT4. You need a MetaTrader 5 terminal and an account that offers gold under a symbol such as XAUUSD.
The author states that results can be misleading if the recommended settings are not applied. Check the setup guidance supplied with the product, load the recommended inputs and match your broker's symbol name and data quality before you rely on any test.
The product is described as using stop loss, take profit and trailing logic. Its strategy tags also mention grid, so review the input list and test on a demo account to see exactly how multiple positions are handled before using real money.
The author mentions a minimum of around 100 USD, but the suitable amount depends on your broker, leverage, lot size and risk setting. Check these on a demo account first and keep risk per trade low.
Copy the expert advisor file into the MQL5 Experts folder through File, Open Data Folder in MT5, restart or refresh the terminal, then drag it onto an XAUUSD M30 chart with algo trading switched on.
Obsidian Path
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own Obsidian Path? Sign in to review it.