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Prometheus is an MT5 expert advisor built for gold (XAUUSD) on the H1 chart. It combines trend analysis with configurable lot sizing, trailing profit, Friday controls and a cap on simultaneous orders.
Get one message the moment it launches, with its price.
Prometheus is an expert advisor for MetaTrader 5 that trades gold (XAUUSD) on the H1 chart. It opens and manages positions automatically, so once it is attached to a chart and the terminal is running, no manual order entry is needed.
The EA looks for trading opportunities in gold using technical analysis that follows market trends. The seller also mentions correlation with US indices and sentiment analysis as part of the decision process. Trade frequency is said to rise and fall with gold's volatility, so quiet periods may bring few trades and volatile periods more. Open positions are protected with a stop loss and a take profit, and the stop and target levels can be adjusted dynamically while a trade is open.
The EA can hold more than one position at the same time, and the number is limited by a setting. The product is tagged with a grid strategy in this store, while the seller describes it as avoiding martingale and averaging. Because descriptions and behaviour can differ, check how it handles several orders in the Strategy Tester and on a demo account.
The seller lists the following inputs. Exact default values are not given here, so review them in the input tab and ask the seller for a set file that suits your broker and account.
| Setting | Purpose |
|---|---|
| Magic number | Unique ID for the EA's trades. Use a different number for each robot on the same account. |
| Trade type | Restricts trading to buy only, sell only, or both directions. |
| Lot type | Fixed lot or automatic lot calculation. |
| Auto lot size and balance step | Defines the lot and the balance increment used to scale it. A larger lot or a smaller step gives larger positions. |
| Trailing profit | Manages early closing of an order in profit. |
| Trade on Friday and close orders on Friday | Controls whether new trades are opened on Fridays and whether positions are closed before the weekend. |
| Max orders at the same time | Limits how many orders can be open together, including in opposite directions. |
Gold is a volatile instrument, and sharp moves, wide spreads and slippage can affect any automated strategy. Position size is the main lever you control, so choose a lot setting that you can afford even in a run of losing trades. Check the minimum deposit with the seller, and remember that prop firm accounts often have drawdown rules that need to be respected.
Trading carries risk, and you can lose some or all of your capital. Past results, backtests and signal history do not predict future ones. Test on a demo account before using real funds.
If you are unsure about a setting, ask the seller for a set file and run the EA on a demo account for a while first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account type) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Symbol | XAUUSD (gold) |
| Timeframe | H1 |
| Trade style | Trend-following entries with managed stop loss and take profit |
| Minimum deposit | Seller lists about 200 USD, about 1,000 USD for prop firms; confirm |
| Leverage | 1:20 or higher suggested by the seller |
| Hosting | A regular VPS or the MQL VPS service is suggested |
No reviews yet. Customers who own Prometheus MT5 can review it here.
It is an expert advisor for MetaTrader 5 only. It will not load in MetaTrader 4. Your account should be a hedging type, as netting accounts may not handle multiple positions in the way the EA expects.
It is designed for XAUUSD on the H1 chart. Check how your broker names gold, since some use suffixes or different symbols, and make sure the symbol is visible in Market Watch before attaching the EA.
The seller indicates a minimum of roughly 200 USD for standard accounts and around 1,000 USD for prop firm accounts. These are guidelines, not a recommendation. Your suitable balance depends on lot size, broker conditions and how much risk you accept, so test on a demo account first.
The seller describes the approach as avoiding martingale and averaging, yet the product carries a grid tag in this store and includes a setting for the number of simultaneous orders. Run it in the Strategy Tester and on a demo account to see how it handles multiple positions on your broker before using real money.
The seller states it can be used with prop firm brokers. Rules differ between firms, so read your firm's conditions on EAs, drawdown limits and trading around news or the weekend, and adjust the Friday settings if needed.
The seller offers set files and installation help after purchase. Contact them through the channel given on the product page if you need a configuration for your broker or account type.
Prometheus MT5
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