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FxMath Free XAUUSD Trading EA
Professional Automated Gold Trading
Strategy for MetaTrader
β¨
Strategy ID: 55663 | FREE DOWNLOAD
π Strategy Overview
Introducing the FxMath Free XAUUSD Expert Advisor β a powerful automated trading solution
designed specifically for Gold (XAU/USD) trading. This sophisticated algorithm uses pure price action patterns
analyzing the relationship between High, Low, Open, and Close to identify high-probability trading opportunities in the gold market.
Pair
Type
Management
β¨ Key Features
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π Trading Signal Rules
The EA generates trading signals when ALL conditions within a rule set are satisfied
simultaneously. This multi-confirmation approach helps filter out false signals and improves trade quality.
π BUY Signal Conditions
- Rule 1: High crosses above Close (Bullish candle formation)
- Rule 2: Close crosses above Low (Price strength)
- Rule 3: Open > Low (3 bars ago) (Upward momentum)
π SELL Signal Conditions
- Rule 1: High crosses below Close (Bearish candle formation)
- Rule 2: Close crosses below Low (Price weakness)
- Rule 3: Open < Low (3 bars ago) (Downward momentum)
π‘οΈ Risk Management
The strategy employs ATR (Average True Range) based position management, allowing stop loss
and take profit levels to automatically adjust based on current market volatility.
βοΈ ATR-Based Position Management
Risk-Reward Ratio: With a 2.7:1 take profit to stop loss ratio, the
strategy makes profitable trades significantly larger than losing trades.
π Backtest Performance Results
π Detailed Trade Statistics
| Metric | Value | Analysis |
|---|---|---|
| Total Trades | 868 | Excellent sample size for statistical significance |
| Winning Trades | 297 (34.2%) |
Quality over quantity approach |
| Losing Trades | 571 (65.8%) | Compensated by favorable R:R ratio |
| Average Win | $29.44 | Winners are significantly larger |
| Average Loss | $11.26 | Losses are well controlled |
| Win/Loss Ratio | 2.62 | Excellent reward-to-risk performance |
π§ Strategy Interpretation
This EA follows a pure price action strategy that capitalizes on candle patterns and momentum
in the gold market:
- No Indicator Lag: Pure price action means instant reaction to market movements without indicator delays.
- High Trade Volume: With 868 trades, this strategy provides excellent statistical reliability.
- Volatility Adaptation: ATR-based stops and targets ensure the strategy adapts to
changing market conditions. - Multi-Confirmation Filter: Requiring all 3 conditions simultaneously reduces false signals and
improves trade quality. - Strong Sharpe Ratio: A Sharpe ratio of 1.93 indicates solid risk-adjusted returns.
- Minimal Drawdown: The 2.31% maximum drawdown demonstrates excellent capital
preservation.
β¬οΈ Download Free EA Now
Get instant access to the FxMath Free XAUUSD Expert Advisor
Compatible with MetaTrader 4 &
MetaTrader 5 | No registration required
π§ Installation Guide
- Download the ZIP file using the button above
- Extract the EA file (.ex4 or .ex5) from the archive
- Open MetaTrader and go to File β Open Data Folder
- Navigate to MQL4/Experts (or MQL5/Experts)
- Copy the EA file into the Experts folder
- Restart MetaTrader or refresh the Navigator panel
- Attach the EA to a XAUUSD H1 chart
- Enable Auto Trading and configure your lot size
β οΈ Risk Disclaimer: Trading foreign exchange and gold carries a high level
of risk and may not be suitable for all investors. Past performance is not indicative of future results. The
backtest results shown are historical and do not guarantee future performance. Always trade with capital you can
afford to lose and consider seeking advice from a licensed financial advisor.
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