Description
XANDER Grid XAUUSD EA v1.0 MT5 is a bidirectional grid EA for gold trading on MetaTrader 5. It places buy orders after a bullish candle and sell orders after a bearish candle. New grid entries are added only after price moves a configured distance from the last entry, combining candle direction with spacing to limit overtrading in range conditions.
XANDER Grid XAUUSD EA v1.0 MT5
Core Trading Logic
- Bidirectional Execution: Operates two independent grids simultaneously for both buy and sell directions.
- Candle & Spacing Filter: Opens buy orders following bullish candles and sell orders following bearish candles, adding new grid entries only after the price travels a set distance from the previous trade to prevent overtrading in flat or ranging markets.
- Basket Management: Computes a weighted average entry price when multiple positions accumulate on a single side and applies a shared take-profit target for the basket.
Risk Controls & Features
- Daily Profit Target: Flattens/closes all active positions automatically once a preset daily profit threshold is reached.
- Max Drawdown Protection: Features a floating drawdown filter that pauses new grid entries during extreme market excursions.
- Exposure Reduction: Includes optional partial reduction mechanics for the worst-performing position in a basket.
- Account Suitability: Frequently recommended for ProCent or micro-lot accounts due to the margin requirements inherent to grid averaging strategies.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- XANDER Grid XAUUSD EA v1.0 MT5.ex5
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
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Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.
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