Gold (XAUUSD) is one of the most traded and volatile instruments in forex, but that same volatility can be hard to manage manually. Saviour Gold EA V1.2 (MT5) is designed to automate disciplined entries and exits on Gold, helping traders capture directional moves and structured pullbacks while controlling risk with dynamic stop-loss and position sizing. This version focuses on stability, clarity of logic, and ease of setup so you can start quickly and scale safely.
What’s New in V1.2
- Refined entry filters: Better separation of trend vs. range to reduce false starts during choppy sessions.
- Adaptive SL/TP engine: Uses recent average true range (ATR) and local swing structure to size stops and targets automatically.
- Session awareness: Optional London/NY session filter to avoid low-liquidity traps.
- Capital protection: Equity guard and daily loss cap to pause trading after tough days.
How the Strategy Works (High Level)
Saviour Gold EA V1.2 blends three ideas:
- Trend Context: A fast/slow moving-average framework confirms directional bias only after a confirmed break and retest.
- Volatility Gate: ATR and recent candle spread define whether conditions are favorable (avoids “flat” periods).
- Trigger Logic: After bias + volatility are confirmed, the EA seeks either a momentum continuation candle or a pullback to a smart zone (recent micro-imbalance or short-term MA).
The goal: fewer, higher-quality trades. No martingale is required; scaling in is optional and capped.
Recommended Environment
- Platform: MetaTrader 5 (hedging accounts supported)
- Instrument: XAUUSD (Gold)
- Suggested Timeframes: M15 for active trading, H1 for swing entries
- Broker Type: ECN/RAW spread with reliable execution
- Leverage: Use conservatively; the strategy does not need high leverage
- VPS: Strongly recommended for 24/5 stability
Key Features
- Risk-First Design: Per-trade risk as a percent of equity (e.g., 0.5%–1.0%).
- Dynamic SL & TP: Auto-calculated from volatility and structure; optional breakeven and trailing logic.
- News Pause (optional): Temporarily disable entries around high-impact events.
- Drawdown Guard: Daily loss cap + max-consecutive-loss stops for discipline.
- Session Filters: Trade only when liquidity is robust.
- Stealth Mode: Option to send hidden SL/TP (managed by EA) to mitigate stop hunts (broker-dependent).
Inputs & Suggested Settings (Start-Point)
Adjust to your broker’s spread/latency and your risk tolerance.
- RiskPercent: 0.5 (beginners) to 1.0 (experienced)
- MaxConcurrentTrades: 1–2
- UseSessionFilter: true; Sessions: London + NY overlap
- VolatilityLookback: 14; ATRMultiplierSL: 1.5–2.0
- ATRMultiplierTP: 2.0–3.0 (or enable trailing for trend days)
- BreakevenAfterRR: 1.0R
- TrailType: Structure-based trailing or ATR trail (light)
- NewsFilter: Enable if you don’t manually manage news windows
Position Management Philosophy
Saviour Gold EA V1.2 is built around R-multiples:
- Aim for ≥1.5R to 2.5R average winners on continuation days.
- Keep losers tight via ATR-weighted SL.
- Use breakeven and light trailing to protect open equity without cutting winners too early.
Backtesting & Forward Testing Tips
- Data Quality: Use tick data with variable spread for realistic tests.
- Multiple Years: Include periods of both low and high volatility (e.g., quiet summers, risk-on spikes).
- Walk-Forward: Validate across multiple windows; don’t overfit any single year.
- Spread & Commission: Match your broker’s real costs; Gold is sensitive to costs.
- Monte Carlo (optional): Randomize sequence to understand variance and equity path risk.
Risk & Money Management
- Start small: 0.25%–0.5% risk per trade until you’re confident.
- Cap total risk for correlated entries (if you enable scaling).
- Set a daily loss limit (e.g., 2R–3R) to stop and reassess.
- Withdraw profits periodically; keep live risk aligned with account size and comfort.
When the EA Performs Best
- Trending sessions post-breakout with clean pullbacks.
- High-liquidity windows: London open, NY session, and overlap.
- News follow-through: After major events, when direction is established (use News Pause to avoid pre-release noise).
When to Expect Mediocre Results
- Tight, indecisive ranges with low ATR and frequent mean reversions.
- Holiday periods and late Friday drifts.
- Extreme spikes where slippage is inevitable (use protective rules).
Installation & Setup (Quick Start)
- Open MT5 → File → Open Data Folder.
- Place the EA file in MQL5/Experts.
- Restart MT5 and attach the EA to XAUUSD M15 or H1.
- Enable Algo Trading, check AutoTrading is green.
- Load the suggested preset (or dial in the inputs above).
- Run for a week on demo to confirm stability before going live.
Best Practices
- Keep your MT5 + VPS updated.
- Avoid changing inputs mid-trade.
- Reassess presets quarterly as market regimes shift.
- Track performance by session/day to spot patterns and refine filters.
FAQ
Q: Does it use martingale or grid?
A: No martingale. Optional small-scale add-ons within strict caps are available but off by default.
Q: Minimum deposit?
A: Technically small accounts can run it, but for meaningful risk control and costs on Gold, many traders prefer $300–$1,000+ and low spreads.
Q: Can I run multiple charts?
A: You can, but start with a single XAUUSD chart and stable settings; expand only after consistent results.
Q: Works on other pairs?
A: It’s optimized for XAUUSD. You may experiment, but results will vary.
Conclusion
Saviour Gold EA V1.2 MT5 prioritizes risk management, clean entries, and session-aware logic—ideal for traders who want systematic exposure to Gold without micromanaging every candle. Start conservatively, validate on demo, and scale with discipline.
