Trend Following Premium Algo EA V1.0 MT5 — Clean, Consistent Gold Trading on M30


Looking for a no-nonsense way to ride Gold’s directional moves without staring at charts all day? Trend Following Premium Algo EA V1.0 (MT5) is built for exactly that. It’s a disciplined, momentum-first expert advisor you can run on XAUUSD (Gold) with default settings on the 30-minute timeframe (M30). The goal is simple: catch the meat of the move, protect downside, and avoid over-optimization traps that break when the market regime shifts.


Below you’ll find what it does, how to set it up in MT5, practical settings to start with, and a few street-smart tips to keep your equity curve as smooth as possible.



What This EA Is (and Isn’t)


Trend Following Premium Algo EA is a rules-driven system designed to identify trend direction on Gold and participate only when momentum confirms. It doesn’t try to pick tops/bottoms or scalp micro noise. Instead, it focuses on higher-probability follow-through that typically appears after a clean breakout or a pullback into trend structure.


What it is:



  • A trend-participation bot you can run on Gold / XAUUSD

  • Calibrated to M30 for a balance of signal quality and frequency

  • Straightforward enough to use default settings as a baseline


What it isn’t:



  • A grid, martingale, or “set-and-forget forever” system

  • A counter-trend scalper

  • A magic machine that wins every day (no EA is)




Why M30 for Gold?


Gold can be noisy on ultra-low timeframes and sluggish on high timeframes when you want regular signals. M30 tends to hit a sweet spot:



  • Fewer false starts than M1/M5 in choppy hours

  • More opportunities than H4/D1, which can be too slow for many traders

  • Readable structure for trend filters, ATR stops, and trailing logic


Running the EA with default settings on M30 is a solid starting point—then you can iterate after forward data proves what truly works with your broker and spreads.



Core Approach (Plain English)



  1. Detect Trend
    The EA uses a directional filter (think: moving average slope and/or price position vs. baseline) to avoid counter-trend traps.

  2. Confirm Momentum
    It waits for conditions that signal genuine continuation (e.g., candle close beyond a threshold or volatility expansion). This helps skip early breakouts that snap back.

  3. Enter with Risk Defined
    Every position uses a hard stop determined by recent structure and/or volatility (ATR-based stops are common for trend followers).

  4. Manage Winners
    Once price moves favorably, the EA can trail the stop or lock break-even to protect equity and let trends breathe.

  5. Exit When Trend Fades
    If momentum cools or structure breaks, the trade is closed cleanly—no averaging down, no “hope mode.”



Key Features



  • Trend-Filter Logic: Trades only in the direction of the established move.

  • Momentum Confirmation: Reduces entries on weak or false breaks.

  • M30 Gold Focus: Optimized run-flow for XAUUSD (default settings recommended as a baseline).

  • Risk Controls Built-In: Fixed SL per trade; no martingale, no grid.

  • Trailing Stop & Break-Even Options: Let winners run while defending capital.

  • Spread/Slippage Guardrails: Helps avoid poor fills in illiquid moments.

  • Session Awareness (Optional): You can limit trading to liquid hours if preferred.

  • Clear Parameters: Human-readable inputs so you’re never guessing.




Installation (MT5) — Quick Start



  1. Copy the EA File
    MT5 → File → Open Data Folder → MQL5/Experts → paste the EA file.

  2. Restart MT5
    Close and reopen to register the EA.

  3. Open a Gold Chart (XAUUSD)
    Set timeframe to M30.

  4. Attach the EA & Enable Algo
    Navigator → Experts → drag the EA onto the chart → tick Allow Algo Trading.
    Ensure the main Algo Trading button (toolbar) is green.

  5. Use Default Settings to Begin
    Defaults are tuned for M30 Gold. Keep them as-is for the first weeks of testing.

  6. Check Experts/Journal Logs
    Confirm successful initialization and that there are no broker rejections.



Recommended First-Run Settings (Start Safe)


You can run default settings out of the box. If you want a little extra conservatism while you learn its rhythm:



  • Risk per Trade: 0.5%–1.0% of account equity

  • Stop-Loss Mode: ATR or recent-swing structure (default)

  • Break-Even: Optional—trigger after ~1R move (adjust to taste)

  • Trailing Stop: Moderate trail (avoid too tight; let trends breathe)

  • Trading Window: Consider the London–NY overlap for better liquidity

  • Max Spread Filter: Set a realistic cap in line with your broker’s typical XAUUSD spread



Tip: If you’re brand new to this EA, start on demo for 2–4 weeks, then go small live. Don’t “optimize by emotion” after one trade—review results by sample size (e.g., 30–50 trades).




Backtesting & Forward-Testing Checklist



  • Data Quality: Use high-quality tick data if possible; Gold is spread-sensitive.

  • Period Coverage: Include both quiet and volatile months (summer lulls vs. eventful quarters).

  • Walk-Forward Validation: If you optimize inputs, validate on out-of-sample dates.

  • Forward Demo: Monitor fills, slippage, and spread behavior in your actual broker environment.

  • Metrics to Watch:

  • Max drawdown (absolute/%), daily and overall

  • Profit factor and average R per trade

  • Average trade duration (helps detect overstays)

  • Win rate vs. risk-reward balance (don’t obsess over win rate alone)



Real-World Tips for Gold on M30



  • Respect News: CPI, FOMC, NFP, and central-bank headlines can whipsaw price. Consider pausing into major events if you prefer a calmer equity line.

  • VPS Helps: A stable, low-latency VPS near your broker reduces disconnects and improves execution.

  • Broker Matters: XAUUSD can vary widely in spread/commission across brokers. A low-spread ECN/Raw account is often worth it.

  • Correlation Risk: If you run multiple Gold EAs simultaneously, watch combined exposure.



Frequently Asked Questions


Does the EA use martingale or grid?
No. It’s a single-entry trend follower with fixed stops.


Is M30 mandatory?
The logic is tuned for M30 on Gold as a starting point. If you experiment with other timeframes later, do it on demo and compare results fairly.


What lot size should I use?
Size by risk percent, not by gut feel. 0.5%–1% per trade is a sensible start for many.


Is it prop-firm friendly?
If your prop allows EAs and Gold, this trend-following style can fit well—especially with daily loss limits and max drawdown rules. Always verify your firm’s policy.


Do I need to optimize?
Not to begin with. Run defaults, gather forward data, then adjust one variable at a time.



A Sensible Workflow



  1. Install & Run Defaults on XAUUSD M30 (demo).

  2. Collect Data for at least 2–4 weeks; track equity curve and max daily drawdown.

  3. Go Small Live with identical settings; keep the same risk % while you confirm live execution matches demo expectations.

  4. Iterate Slowly (e.g., adjust trailing stop or break-even only after a meaningful sample).


Final Word


Trend Following Premium Algo EA V1.0 MT5 gives Gold traders a clear, repeatable framework to capture directional moves on M30—without gimmicks. Keep risk small, avoid tinkering every other day, and let the data speak. If you’re after a professional, calmer way to trade XAUUSD trends, this EA is a solid place to start—especially with default settings right out of the gate.


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Happy Trading