Elemental-EA2_XAUUSD_M5



Elemental-EA2 is an EA developed with the aim of increasing profits while reducing losses by leveraging the characteristics of gold.
It adopts a logic that combines reliable elements such as moving averages (MA) and candlestick movements, and also features compounding operation to reinvest profits and aim for asset growth.

【Features】
・XAUUSD (Gold) M5-only design
・Logic using MA and candlestick movements
・Small losses, large profits trading design
・Supports compounding
・Verified with more than 10 years of long-term data
※ Please check with your broker regarding handling of XAUUSD.

【Why profits are possible with a 30% win rate】 This EA is designed to take small losses on losing trades and large wins on winning trades.On average, the profit per winning trade exceeds the loss per losing trade, so it remains positive in long-term backtests.
Average winning trade : Average losing trade
79.67 : 18.47 ≒ 4.3 : 1

Net profit / Maximum drawdown (Recovery Factor)
12347 / 835 ≒ 14.78

【Backtest】
(Simple interest setting)

(Compound setting, Risk 2%)

※ Profits may be larger, but drawdown will also be larger. For reference only.

【Parameter explanations】

・MagicNumberA unique number used by the EA to identify positions. When running multiple EAs on the same MT4, configure so that the magic numbers do not overlap.・Manual LotSets the lot size when performing simple interest operation. Please set within a reasonable range based on backtesting results and maximum drawdown. This setting is not used in compounding mode.・Position CommentSets the comment attached to positions. Please modify as needed.
・Max Spread (Pips)Will not open new positions when the spread exceeds this value.

・Compound Mode >> CompoundingIf using compounding, select 'true'; if not, select 'false'.・Risk Percent >> Risk percentage Specifies, as a percentage of account balance, the loss amount tolerated per trade.
Based on the Stop Loss width, the lot size is automatically calculated so that the loss amount is reached at stop loss.
(The narrower the Stop Loss width, the larger the lot size; the wider, the smaller.)

・ Capital Selection >> Capital selection
Choose the fund used as the base for compounding from either “FreeMargin” or “Balance.”

--FreeMargin - Free margin (recommended, conservative): Considers overall account unrealized P/L; if other EAs have drawdown, automatically reduces lots.

--Balance - Balance (aggressive): Calculates using only the cash balance in the account. Entries are at the configured lot size without being affected by other positions. Please note margin maintenance ratio may drop. (Unrealized losses of martingale EAs, etc.)

・Holiday Entry Limit>> Position entry restriction
Default is 'true'; change to 'false' if not used.
・Start Date(MMDD) >> Start date
Will skip from server time 0:00 on the start date.
・End Date(MMDD) >> End date
Will be recognized as a date after the start date.
The stop will end at server time 23:59 on the end date.

※ Enter the start date and end date in half-width characters (e.g., 1224, 0103, etc.).
※ Positions will not be closed automatically. If you want to ensure a settlement, stop the EA and close manually.

Recent performance. Please refer for your information.

【FAQ】

■ Cautions ■
This EA does not guarantee future profits.
There may be consecutive losses depending on market conditions.
Please use with ample funds and verify behavior beforehand with backtests or a demo account.

Main update history

202605 1.51 ・Enhanced error handling ・Changed compounding calculation to a method based on the amount until stop   202602 1.50 ・Enhanced error handling ・Partial review of filter and settlement logic

The following image was used for the icon.UnsplashのDóri Halászlaki photographed image