AI Algorithmic Trading Solution

Free XAUUSD Gold Trading EA – FxMath Strategy 55663 | Price Action Expert Advisor

πŸ†
FxMath Free XAUUSD Trading EA

Professional Automated Gold Trading
Strategy for MetaTrader

✨
Strategy ID: 55663 | FREE DOWNLOAD


πŸ“Š Strategy Overview

Introducing the FxMath Free XAUUSD Expert Advisor – 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.

Trading
Pair
πŸ₯‡ XAUUSD

Timeframe
⏰ H1 (1 Hour)

Strategy
Type
πŸ“ˆ Pure Price Action

Risk
Management
πŸ›‘οΈ ATR-Based


✨ Key Features


πŸ€–
Fully Automated Trading – Set and forget operation


πŸ“‰
Pure Price Action – No lagging indicators


🎯
Dynamic SL & TP – ATR-based adaptive levels


⚑
Multi-Rule Confirmation – 3 conditions for validation


πŸ’°
Favorable Risk-Reward – 2.7:1 TP to SL ratio


πŸ”’
Low Drawdown Design – Max 2.31% historical DD


πŸ“‹ 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.

πŸ“ˆ 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)

πŸ“‰ 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)


πŸ›‘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.

βš™οΈ ATR-Based Position Management

Stop Loss
1.0 Γ— ATR(7)

Take Profit
2.7 Γ— ATR(7)

ATR Period
7 Bars

Risk-Reward Ratio: With a 2.7:1 take profit to stop loss ratio, the
strategy makes profitable trades significantly larger than losing trades.


πŸ“ˆ Backtest Performance Results

$2,315.88
Total Profit

34.22%
Win Rate

1.36
Profit Factor

2.31%
Max Drawdown

1.93
Sharpe Ratio

πŸ“Š 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


🧠 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.

⬇️ Download Free EA Now

Get instant access to the FxMath Free XAUUSD Expert Advisor


πŸ“₯ DOWNLOAD EA (ZIP)

Compatible with MetaTrader 4 &
MetaTrader 5 | No registration required


πŸ”§ Installation Guide

  1. Download the ZIP file using the button above
  2. Extract the EA file (.ex4 or .ex5) from the archive
  3. Open MetaTrader and go to File β†’ Open Data Folder
  4. Navigate to MQL4/Experts (or MQL5/Experts)
  5. Copy the EA file into the Experts folder
  6. Restart MetaTrader or refresh the Navigator panel
  7. Attach the EA to a XAUUSD H1 chart
  8. Enable Auto Trading and configure your lot size


⚠️ 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.

πŸ“ž Connect With FxMath

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