🏆 FxMath Free XAUUSD Trading EA
Professional Automated Gold Trading Strategy for MetaTrader
✨ Strategy ID: 12702 | FREE DOWNLOAD
📊 Strategy Overview
Introducing the FxMath Free XAUUSD Expert Advisor – a powerful automated trading solution designed specifically for Gold (XAU/USD) trading. This sophisticated algorithm combines RSI momentum analysis with price action patterns to identify high-probability trading opportunities in the gold market.
✨ Key Features
📋 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.
📈 BUY Signal Conditions
- Rule 1: RSI(34) < 26.5014 (Oversold)
- Rule 2: Close crosses above previous Close
- Rule 3: Close crosses above Open
- Rule 4: Close < High (4 bars lookback)
- Rule 5: Open crosses below High
📉 SELL Signal Conditions
- Rule 1: RSI(34) > 73.4986 (Overbought)
- Rule 2: Close crosses below previous Close
- Rule 3: Close crosses below Open
- Rule 4: Close > High (4 bars lookback)
- Rule 5: Open crosses above High
🛡️ 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.
⚙️ ATR-Based Position Management
Risk-Reward Ratio: With a 4.2:1.2 (approximately 3.5:1) take profit to stop loss ratio, the strategy makes profitable trades significantly larger than losing trades.
📈 Backtest Performance Results
📊 Detailed Trade Statistics
| Metric | Value | Analysis |
|---|---|---|
| Total Trades | 395 | Substantial sample size for statistical significance |
| Winning Trades | 120 (30.4%) | Quality over quantity approach |
| Losing Trades | 275 (69.6%) | Compensated by favorable R:R ratio |
| Average Win | $47.39 | Winners are significantly larger |
| Average Loss | $13.97 | Losses are well controlled |
| Win/Loss Ratio | 3.39 | Excellent reward-to-risk performance |
🧠 Strategy Interpretation
This EA follows a trend-following momentum strategy that capitalizes on oversold and overbought conditions in the gold market:
- Low Win Rate, High Reward: The 30% win rate might seem low, but the 3.39 win/loss ratio means winners are 3x larger than losers.
- Volatility Adaptation: ATR-based stops and targets ensure the strategy adapts to changing market conditions.
- Multi-Confirmation Filter: Requiring all 5 conditions reduces false signals and improves trade quality.
- Excellent Sharpe Ratio: A Sharpe ratio of 2.33 indicates strong risk-adjusted returns.
- Minimal Drawdown: The 2.70% maximum drawdown demonstrates excellent capital preservation.
⬇️ Download Free EA Now
Get instant access to the FxMath Free XAUUSD Expert Advisor
Compatible with MetaTrader 4 & MetaTrader 5 | No registration required
🔧 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 → 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
📞 Connect With FxMath
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