Solitaire

Solitaire is an expert advisor for MetaTrader 5 that trades gold with one position at a time. There is no grid, no averaging and no stacking of orders, so each trade carries one risk and ends with one exit.

How it works

The EA opens a single XAUUSD position and manages it until it is closed, then waits for the next opportunity. Because only one trade exists at any moment, you can read your exposure directly from the chart. You choose how a winning trade is closed from a single dropdown.

Exit modes

• Virtual trailing stop: the trail level is kept inside the EA and enforced by a market close. Nothing is sent to the broker, which allows a tighter trail than broker stop distance rules would normally permit. A protective stop stays on the broker side underneath it. The terminal must remain running.
• Broker trailing stop: the same idea written as a real stop loss order. It is coarser because each level must respect your broker's stop and freeze levels, but the exit survives a terminal disconnect.
• Fixed take profit: no trail, just a real take profit placed with the order. It is the least dependent on your terminal but limits each winner to the target.

All three modes aim at the same net money target, adjusted for accrued swap and for commission taken from your own deal history. In the trailing modes the trail only starts once net profit reaches that target, then follows the best price and never moves backwards. It will not set a level at or worse than the entry price.

Distances in basis points

Stop loss, take profit, trailing distance and trailing step are set in basis points of the entry price, where one basis point is 0.01 percent. The price distance is the entry price multiplied by the basis point value and divided by 10,000. This keeps the stop a similar share of price as gold moves over the years. The consequence is that, at a fixed lot size, the dollar risk per trade rises as gold rises. A single input switches everything to absolute broker points, and the EA refuses to start if a value looks like it was entered in the wrong unit.

Position sizing

• Fixed lot: always trades the lot you set.
• Fixed per balance: one lot unit for each set amount of balance.
• Automatic: a ladder of exposure levels from very low to extreme.

Filters and controls

• Optional news filter with separate windows before and after high and medium impact events.
• Friday control to block entries or stop opening trades after a chosen server hour.
• Spread filter that refuses entries above your maximum.
• Direction filter for buy only, sell only or both.
• Control panel showing live and daily profit, daily drawdown, balance, equity, a configuration readout and the reason when no trade is open. A one-click button closes only the EA's own position.

Markets and timeframes

Use XAUUSD on any timeframe. An account with raw or ECN spreads plus commission is generally preferred for gold. Confirm contract size, spread and stop levels with your broker before running live.

Settings to check

Default values can differ between copies, so read the inputs window and the manual rather than assuming any figure.

Risk

Installation

1. Buy and download the product, then extract the files if they come zipped.
2. In MT5 choose File, Open Data Folder, and copy the expert file into MQL5/Experts.
3. Restart MT5 or refresh the Navigator panel.
4. Open an XAUUSD chart and drag Solitaire onto it.
5. Enable algorithmic trading, review the inputs, and add the calendar address to the WebRequest list if you use the news filter.