
SGear is an MT5 expert advisor that trades XAUUSD on the M30 chart, taking positions in the direction of the larger trend and skipping unclear or sideways phases. Each trade carries a fixed stop-loss and take-profit.
Get one message the moment it launches, with its price.
SGear is a fully automated expert advisor for MetaTrader 5. It trades gold (XAUUSD) on the M30 chart and aims to follow the prevailing larger-scale trend rather than react to short-lived swings.
The EA uses a compact set of fixed rules. A trade is opened only when the market structure meets its entry criteria, and the direction is aligned with the higher-level trend. When conditions are unclear, or the market moves sideways in a choppy, noisy way, it stays out and waits.
The logic does not involve machine learning or any other black-box component. The same conditions that open a trade can be checked afterwards, which makes it easier to judge whether the EA behaved as intended.
SGear is built for XAUUSD on the M30 timeframe. Attach it to a single XAUUSD M30 chart. Gold can be volatile, and spreads and swap charges vary between brokers, so results on one account may differ from those on another. If your broker adds a prefix or suffix to the symbol name, the EA should still be attached to that broker's gold chart.
Check the input parameters in the EA's properties window after loading it. Because values can differ between releases, review each one rather than assuming defaults suit your account. The areas below are the ones to look at before running it live.
| Area | What to check |
|---|---|
| Lot size or risk setting | Make sure it matches your balance, leverage and the margin your broker requires for gold. |
| Trade identification | If you run several EAs on one account, confirm that each uses a distinct identifier. |
| Symbol and timeframe | Use XAUUSD on M30 only. |
| Prop firm limits | Compare lot size, drawdown and trading-time rules with your firm's conditions. |
A fixed stop-loss limits the loss on each individual trade, but it does not remove risk. Gold can gap or slip past levels during news events and thin liquidity, and a series of losing trades is possible. A trend-based approach tends to struggle when the market reverses repeatedly. Choose position sizes carefully and start with a demo account or a small live size.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests and any published statistics, do not predict future ones. This product is a tool and does not offer financial advice.
For continuous operation, run the terminal on a reliable computer or a VPS, since the EA only trades while the platform is connected and running.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Symbol | XAUUSD (gold against the US dollar) |
| Timeframe | M30 |
| Trade style | Trend following, selective entries |
| Risk controls | Fixed stop-loss and take-profit, plus dynamic management of open profit |
| Broker | Any MT5 broker that offers XAUUSD |
| Requirements | Algo trading enabled; a PC or VPS that stays online |
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It is designed for XAUUSD on the M30 chart. Attach it to that chart only. Other symbols and timeframes are not what it was built for, so test thoroughly before trying anything else.
It runs on MetaTrader 5 and does not depend on a particular broker. Your broker must offer XAUUSD and allow automated trading. Symbol names can carry suffixes, and spreads, commissions and execution differ between brokers, so test on a demo account first.
The developer states that prop firm accounts are supported. Rules differ between firms, for example on lot sizing, news trading and holding trades, so read your firm's conditions and confirm the EA's behaviour fits them before using it.
No. It follows fixed, rule-based criteria for entries and exits, so the reason for each trade can be traced back to defined conditions.
This version is for MetaTrader 5 only. It will not run on MetaTrader 4.
The right amount depends on your broker's contract size, leverage, margin requirements and your chosen lot size. Check these with your broker and test on a demo account. Trading carries risk, and you should only use money you can afford to lose.
SGear
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