Description
Sea Gold MT5 — No Grid. No Martingale.
Sea Gold MT5 is a gold breakout Expert Advisor for MetaTrader 5. It uses confirmed swing levels to place Buy Stop and Sell Stop orders, with configurable stop loss, take profit and trade management.
No Grid
Sea Gold does not build a ladder of positions at fixed price intervals or add recovery trades as the market moves against a position.
No Martingale
Sea Gold does not increase lot sizes because previous trades lost. Choose fixed lots or percentage risk based on account balance or equity. In percentage-risk modes, volume changes with account value and stop-loss distance.
Trading features
- Swing breakout entries using M15 price data.
- Initial stop loss and optional take profit.
- Fixed lots or balance/equity percentage-risk sizing.
- Trailing stop and break-even protection.
- Optional virtual trailing exits.
- Average-spread filter and individual trading sessions.
- Professional chart dashboard with pause/resume entry controls.
Setup
Designed for gold (XAUUSD), including broker symbol suffixes. Start with an M15 chart and confirm your broker’s symbol specifications and server-time sessions. Set LotVar to 0 for fixed volume, 1 for balance-based risk or 2 for equity-based risk. Virtual trailing requires the terminal to remain running and connected.
Sea Gold can maintain pending orders in both directions. Opposite orders may both execute, so percentage risk applies separately to each order. Pausing entries requests cancellation of pending orders and does not close existing positions.
Purchase and installation
Purchase Sea Gold through the official MQL5 Market listing. The listing currently offers version 1.10 for 50 USD, with 11 activations. Check MQL5 for the current price, demo and licensing details. Installation and activation are handled through MetaTrader 5 and MQL5.
Before live trading
Backtest with your broker’s real tick data where available and evaluate on a demo account. Trading involves risk of loss. No Grid and No Martingale describe the trading approach and do not guarantee profits or limit losses.
Helpful setup guides
First, review our MT5 installation checklist. Then compare other MT5 Expert Advisors for gold and forex to understand the available trading approaches.
Reviews
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