EA SPECIFICATION

Strategy Name: XAUUSD Grid + Martingale Hedging EA

1. GENERAL

Platform: MT5 / Windows & MacBook

Symbol: XAUUSD (Gold)

Timeframe: M30 (optimized)

2. INITIAL START

When EA is turned ON:

Open 1 BUY trade and 1 SELL trade

Starting Lot: Adjustable (e.g., 0.02)

3. TAKE PROFIT (SCALPING)

Each trade has Fixed TP: 10 pips ($1 on Gold)

When TP is hit: Close trade and immediately open same direction trade again

4. GRID SYSTEM

Grid Step: ~100 pips (adjustable)

Trades open only when price moves against the position

Example SELL side: 0.02 → 0.03 → 0.05 ...

Same logic applies for BUY side

5. MARTINGALE LOT SYSTEM

Lot Multiplier: ~1.7 (adjustable)

Lot(n) = Previous Lot × Multiplier

Example: 0.02 → 0.03 → 0.05 → 0.09 → 0.16 → 0.28 → 0.48

6. HEDGING LOGIC

EA always keeps both BUY and SELL active

In trending markets: one side profits, the other builds grid positions

7. RECOVERY / BASKET LOGIC

When price reverses: larger lot positions recover losses

Basket TP: close all trades at fixed $ or % profit (adjustable)

8. TRADING CONDITIONS

Includes slippage control

9. TIME & NEWS FILTER

Trading runs 24/7 with news filter to avoid high-impact events

10. DASHBOARD / SETTINGS

User-friendly dashboard with EA ON/OFF button

User inputs: Starting lot, Lot multiplier, Max trades

11. ACCESS CONTROL

EA works only on authorized accounts (broker/IB restriction)

12. SUPPORT & MAINTENANCE

Developer provides post-delivery support

Includes bug fixes, trading issue fixes, broker adjustments

Future improvements available (paid): features, strategy updates, performance