XAU SP Price Action EA V1.0 MT5 – Precision Gold Trading

If you’ve ever watched gold spike or plunge without warning, you know how brutal trading XAUUSD can feel—one minute you’re up, the next you’re nursing a nasty drawdown. Wouldn’t it be great to have an automated strategy that rides pure price action and smoothly hedges against whipsaws? Enter XAU SP Price Action EA V1.0 MT5, a free MT5 expert advisor built by YoForex’s dev team to capitalize on gold’s momentum swings while protecting your capital when the market turns.

This EA doesn’t rely on martingale or random grids; instead, it reads bar-by-bar price behavior—higher highs, lower lows, engulfing patterns—and executes precision entries and hedges based on configurable ATR thresholds. It’s been backtested across millions of ticks and live-verified on demo accounts, delivering consistent returns with minimal fuss. No fancy coding needed: just attach it to an XAUUSD chart, tweak the inputs to suit your risk appetite, and let the algorithm do the rest.

You’ll appreciate how XAU SP Price Action EA V1.0 MT5 filters out noise, hedges adverse moves automatically, and lets you trade gold like a pro, even if you’re short on time. And hey, it’s totally free on MQL5.software—so why pay hundreds of dollars for a subscription when you can download a battle-tested price action EA right now?

Overview

XAU SP Price Action EA V1.0 MT5 is designed exclusively for the MetaTrader 5 platform, focusing on pure price action signals on XAUUSD. It identifies key bar patterns—pin bars, inside bars, hammer and shooting star formations—then aligns them with trend direction to open trades with high win probabilities. When a trade moves against you beyond a certain ATR-defined buffer, the EA automatically opens a hedge position to lock in risk and prevent nasty drawdowns.

  • Pure Price Action Logic: No complex indicators—just candlestick setups and volatility filters.
  • Dynamic ATR Buffering: Hedge levels adapt to current market volatility, avoiding fixed‐distance drawbacks.
  • Session Filtering: Trade only during high‐liquidity gold hours to minimize slippage and requotes.
  • Custom Alerts & Dashboard: Get push notifications and view an on‐chart panel summarizing open trades, hedges, and P/L in real time.

If you’ve experimented with other MT5 EAs like the Hedge Risk Ratio EA V1.0 MT5 or skimmed the Order Blocks All In One Indicator V1.08 MT5, you’ll find this price action EA refreshingly straightforward. It’s built for traders who value clarity, consistent risk management, and fully transparent settings—no black‐box mumbo jumbo here.

 

XAU SP Price Action EA V1.0 MT5

 

Key Features

• + Price Action Entries: Pin bars, inside bars, hammers, shooting stars
• + ATR‐Based Hedging: Hedges triggered dynamically by volatility
• + User‐Defined Sessions: Limit trading to your preferred gold hours
• + Flexible Lot Sizing: Fixed lots or equity‐percent risk
• + Auto Break‐Even & Trailing: Locks in profits as trade moves in your favor
• + Max Hedge Orders Control: Prevent over‐hedging and runaway exposure
• + Spread & Slippage Guard: Avoid trades when costs exceed thresholds
• + Real‐Time Dashboard: On‐chart summary of positions, P/L, hedges
• + Email & Mobile Alerts: Stay updated wherever you are
• + Lightweight & Efficient: Minimal CPU/RAM footprint, smooth operation

Backtest Results & Proof

We put XAU SP Price Action EA V1.0 MT5 through rigorous backtesting on XAUUSD M15 data from January 2018 to May 2025:

  • Net Profit: +55% (grew $10,000 to $15,500)
  • Max Drawdown: 5.8%
  • Profit Factor: 2.05
  • Sharpe Ratio: 1.85

The equity curve shows a steady uptrend, with only shallow dips during gold’s flash crashes in mid-2020 and early 2022. In live‐forward testing on a demo since January 2025, the EA has maintained a 1.9 profit factor and delivered 3–4% average monthly returns, all while capping daily drawdown below 4%.

Live Update: “From Jan–Jun 2025, XAU SP Price Action EA V1.0 MT5 achieved +18% net gain with a max 3.9% drawdown on a 0.05-lot account.”

Charts illustrating the backtest equity curve and a risk vs. reward infographic can be found on the EA’s download page. These visuals confirm how the EA’s hedging mechanism cushions against sudden reversals, letting you sleep easy when gold goes wild.

 

XAU SP Price Action EA V1.0 MT5

 

How to Install & Configure

  1. Download the EA
    Grab your free copy here:
    https://mql5.software/ea/xau-sp-price-action-ea-v1-0-mt5/download
  2. Copy to MT5
    Unzip and place XAU_SP_PriceAction_EA.ex5 into the MQL5/Experts folder of your MT5 directory.
  3. Restart MT5
    Refresh the Navigator or restart the terminal to see “XAU SP Price Action EA V1.0” under Expert Advisors.
  4. Attach to Chart
    Drag the EA onto an XAUUSD chart (recommended timeframe: M15).
  5. Configure Inputs

    • Risk %: 1.5 (equity percent)

    • ATR Period: 14

    • ATR Multiplier: 1.2

    • Trading Session: 08:00–16:00 server time

    • Max Hedge Orders: 2

    • Enable Alerts: true

Feel free to tweak these based on your broker’s spread and account size. For visual guidance, check the annotated settings screenshot on MQL5.software.

Why Choose YoForex-Powered Tools?

When there are dozens of gold trading EAs out there, YoForex stands out for a few solid reasons. First, we’re traders ourselves, so every EA—like this price action EA—is built with real‐world conditions in mind. Second, we offer lifetime free updates: whenever an edge emerges, you get it at zero cost. Third, our code is fully transparent—no secret algorithms or hidden risk settings. And finally, our support is top notch: ping us on WhatsApp or Telegram any time you hit a snag. It’s that simple.

Support & Contact

Need help getting set up? Found a bug? Our support crew is ready:

  • WhatsApp: Chat now
  • Telegram: Join our group
  • Email Notifications: Enable in EA inputs to receive detailed execution logs

We aim to reply within 12 hours—often much faster. Screenshots of your Experts log speed up troubleshooting.

Disclaimer

Trading leveraged instruments like gold carries inherent risk. XAU SP Price Action EA V1.0 MT5 employs hedging to manage drawdowns but cannot remove risk entirely. Past performance does not guarantee future results. Always:

  • Test on a demo account first
  • Trade only with capital you can afford to lose
  • Monitor your broker’s spread and execution quality

YoForex and its affiliates are not liable for any trading losses.

Call to Action

Ready to elevate your gold trading? Download XAU SP Price Action EA V1.0 MT5 now—100% free on MQL5.software—and start harnessing precision price action entries with built-in hedging. Don’t wait for the next market swing; secure your edge today and lean on our unlimited WhatsApp and Telegram support whenever you need a hand.

YoForex – empowering traders worldwide, one free tool at a time