Overview

Golden Tiger EA is an Expert Advisor for XAUUSD (Gold) that applies a daily high/low breakout strategy. It detects the previous day's range and places pending Buy Stop and Sell Stop orders with defined risk parameters. The EA manages the full trade lifecycle automatically, from entry through Stop Loss, Take Profit, and Trailing Stop.

It does not use grid or martingale approaches. Each trade is placed in one direction with predefined risk controls, ensuring you always know your maximum exposure before a trade is entered.

πŸ”₯ Limited Time Sale

Golden Tiger EA is currently available at $149 (U.P. $415). Limited to 10 copies, only 2 remaining.

How It Works

At the start of each trading day, Golden Tiger EA:

  1. Reads the previous day's high and low from the XAUUSD daily chart.
  2. Places a Buy Stop order just above yesterday's high.
  3. Places a Sell Stop order just below yesterday's low.
  4. Whichever order triggers first, the other is automatically cancelled.
  5. The active trade is then managed with Stop Loss, Take Profit, and optional Trailing Stop.

If XAUUSD opens with a significant gap beyond the previous day's range, the EA detects this and immediately executes a market order in the gap direction, capturing the breakout even if the pending orders were never reached.

Key Features

Daily Breakout Strategy

Automatically trades the XAUUSD daily high/low breakout by placing pending buy stop and sell stop orders at key structural levels identified from the previous day's range.

Smart Risk Management

Supports both % Risk-Based lot sizing (automatically calculates position size based on account equity and stop loss distance) and Fixed Lot sizing. Every trade has a defined Stop Loss and Take Profit before it is placed.

Intelligent Gap Opening Detection

If XAUUSD opens with a significant gap beyond the previous day's high or low, the EA immediately recognises this price action and executes a market order, ensuring you don't miss the breakout move even without a pending order trigger.

Staircase Trailing Stop

Once a trade moves into profit, the trailing stop locks in gains progressively, step by step, rather than all at once, maximising profit capture during trending moves while protecting against reversals.

Non Grid / Non Martingale

Golden Tiger EA does not use Grid, Martingale, or any other high-risk recovery strategies. It trades one direction at a time with a strict Stop Loss and Take Profit, giving you defined risk on every single trade.

Professional Control Panel

Includes an on-chart visual dashboard showing current trade status, performance metrics, and manual control buttons, so you always know exactly what the EA is doing at a glance.

Input Parameters

ParameterDefaultDescription
LicenseKey""Your LazyAlgos license key. Required on first run, binds to your MT5 account number.
RiskModeRISK_PERCENTRISK_PERCENT = auto lot size by %; FIXED_LOT = manual lot size.
RiskPercent1.0Risk per trade as % of account equity. Active when RiskMode = RISK_PERCENT.
FixedLot0.01Fixed lot size. Active when RiskMode = FIXED_LOT.
StopLoss_Points300Stop Loss in points from entry.
TakeProfit_Points600Take Profit in points from entry.
EnableTrailingtrueEnable the staircase trailing stop.
TrailStart_Points200Profit in points before trailing activates.
TrailStep_Points100Step size for trailing stop movement.
EnableGapDetectiontrueDetect and trade significant gap openings.
GapThreshold_Points150Minimum gap size in points to trigger gap trading.
MagicNumber202401Unique identifier for this EA's trades. Change if running multiple EAs.
MaxSpread_Points30Maximum allowed spread before orders are skipped.
SlippagePips3Maximum allowed slippage on market orders.

Installation Guide

  1. 1. Purchase & get your license key

    After purchase on LazyAlgos, go to your Dashboard β†’ Licenses page. Copy one of your license keys. Each key works on one MT5 account number.

  2. 2. Download the EA file

    Go to Dashboard β†’ Downloads. Download the Golden Tiger EA .ex5 file to your computer.

  3. 3. Install the file in MT5

    In MetaTrader 5: File β†’ Open Data Folder β†’ MQL5 β†’ Experts. Copy the .ex5 file into this Experts folder.

  4. 4. Add LazyAlgos to WebRequest whitelist

    In MT5: Tools β†’ Options β†’ Expert Advisors β†’ Allow WebRequest for listed URL. Add: https://lazyalgos.com

  5. 5. Restart MT5 and find the EA

    Restart MetaTrader 5. In the Navigator panel, expand Expert Advisors. You should see Golden Tiger EA listed.

  6. 6. Attach to a XAUUSD chart

    Open a XAUUSD chart (any timeframe). Drag the EA from the Navigator onto the chart. In the inputs tab, paste your license key into the LicenseKey field.

  7. 7. Enable AutoTrading

    Press the AutoTrading button in the toolbar (or F7). You should see a smiley face on the top-right of the chart. The EA is now live.

Prop Firm Usage

Golden Tiger EA can be used on prop firm accounts. Key considerations:

  • β€’Disable Gap Trading on prop firms. Prop firms often have wide spreads at market open which can trigger the gap detector incorrectly. Set EnableGapDetection = false.
  • β€’Set RiskPercent conservatively, typically 0.5%–1% to stay well within daily drawdown limits.
  • β€’Check your firm's rules on pending orders, trailing stops, and news trading before deploying.

Frequently Asked Questions

Can I use this EA on prop firms?
Yes. Disable gap trading (EnableGapDetection = false) due to unpredictable spreads at market open on prop firms. Set risk conservatively.
Can I trade instruments other than XAUUSD?
Yes, instruments with strong momentum and daily range movements work well. BTCUSD has also tested well. Low volatility or choppy instruments are not recommended. Always backtest on a demo account first.
What happens if my internet goes down?
If you're using a VPS (recommended), the EA keeps running uninterrupted. If running on a home PC, pending orders already placed on the broker server remain active, but the EA cannot place new orders or manage trailing stops until reconnected.
Can I run multiple EAs at the same time?
Yes. Change the MagicNumber to a unique value for each EA instance to avoid conflicts.
Why isn't the EA trading?
Check: (1) AutoTrading is enabled in MT5. (2) The EA shows a smiley face on the chart. (3) Your license key is entered correctly. (4) You are using a XAUUSD chart. (5) The market is open (Mon–Fri). (6) lazyalgos.com is in the WebRequest whitelist.

Risk Disclaimer

Trading foreign exchange and CFDs carries a high level of risk and may not be suitable for all investors. Past performance, including backtested results, is not indicative of future results.

Golden Tiger EA is a tool. It does not guarantee profits. Markets can move in unexpected ways. Only trade with capital you can afford to lose entirely.

LazyAlgos and the developer of this EA are not financial advisors. Nothing on this platform constitutes financial advice.

Ready to get started with Golden Tiger EA?

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