De Moore EA MT5 v2.18 add SetFiles – Unlimited

General Introduction to De Moore EA MT5

De Moore EA MT5 is a specialized algorithmic trading solution, optimized exclusively for the Gold market (XAUUSD) on the M5 timeframe of the MetaTrader 5 platform. Unlike typical multi-asset systems, De Moore EA focuses on exploiting the rapid volatility of gold through a combination of Trend-Following concepts, Price Action, and Multi-Timeframe Analysis confirmation mechanisms.

• Official Website: See Here

Technical Specifications of De Moore EA MT5

De Moore EA MT5 Live Signal and Backtest

1. Live Signal

• Growth: 131%
• Active Period: 17 weeks
• Maximum drawdown: 4.8%
• Profit Trades: 87.2%
• Loss Trades: 12.8%
• Algo trading: 100%
• Initial Deposit: 300.00 USD
• Deposits: 200.00 USD
• Withdrawals: 0.00 USD
• Profit: 559.58 USD
• Equity: 1 059.58 USD

2. Backtest

• Initial Deposit: 1000.00
• Total Net Profit: 111 147.44
• Equity Drawdown Maximal: 11.38% (equivalent to 12 784.12)
• Profit Factor: 5.94
• Total Trades: 343
• Profit Trades: 96.50% (equivalent to 331 trades)
• Loss Trades: 3.50% (equivalent to 12 trades)

Operating Mechanism & Outstanding Features

Operating Mechanism:

The system continuously monitors the candlestick structure on the M5 chart while cross-referencing trend data from higher timeframes to confirm the direction of capital flow. Once technical conditions align, the EA checks the spread filter and the economic calendar. If the market is safe, an order is opened with a predefined Stop Loss (SL) and Take Profit (TP). If the price moves as expected, the Trailing Stop system automatically follows to lock in profits.

Outstanding Features:

• Specialized for XAUUSD M5: The algorithm is programmed specifically for the unique price behavior of the precious metal, avoiding performance dilution across multiple different assets.

• Auto Risk Management: Automatically adjusts position sizing based on a percentage of equity, eliminating reliance on manual fixed lot sizes.

• Dual Protection Mechanism (SL/TP & Trailing): Default settings include a 395-point Take Profit and a 295-point Stop Loss; it activates a Trailing Start at 95.0 points and maintains a Trailing Stop step of 55.0 points.

• USD News Filter: Identifies highly volatile economic events related to the USD to proactively halt trading before and after release times.

• Spread Control: Caps the maximum spread at 5.0 points, preventing position entries during periods of thin liquidity or widened trading costs.

Objective Review: Advantages & Disadvantages

Advantages:

• Every position has a clear Stop Loss; it does not use infinite loss-holding mechanisms or high-risk Martingale strategies.

• Fully automates the trading process, helping to eliminate emotional and impulsive decisions.

• Built-in tools to filter out unfavorable market conditions, such as macroeconomic news and high spreads.

• Received highly positive feedback and a 5-star rating from users in the MQL5 community.

Disadvantages:

• An M5 scalping strategy on Gold requires a trading environment with extremely low latency and tight spreads.

• Actual live results may deviate from backtests if the broker frequently experiences slippage during highly volatile periods.

• Requires a continuous 24/5 VPS connection to ensure the Trailing Stop algorithms operate smoothly and without interruption.

How it Work De Moore EA MT5

1. Market Structure Analysis: The EA continuously scans for Price Action signals on the M5 chart and cross-references them with a multi-timeframe trend filter.

2. Environmental Condition Check: Measures the current spread (must be $\le$ 5.0 points) and reviews the USD economic calendar to ensure it does not violate news-blocking periods.

3. Volume Calculation: Activates the Auto Risk feature to determine the lot size corresponding to the user-defined risk level.

4. Order Execution and Position Protection: Executes the entry with a predefined 295-point SL and 395-point TP. When the price moves favorably by 95 points, the Trailing Stop system adjusts the stop loss to secure the profit.

Who is the De Moore EA MT5 for?

• Dedicated Gold Traders: Those looking for a tool optimized exclusively for the XAUUSD market.

• Risk-Management-Focused Traders: Those who want to use a robot with a hard Stop Loss set for every single trade.

• Busy Investors: Individuals who need a system that fully automates everything from analysis and entry to trade management and exits.

• ECN/Raw Spread Account Holders: Traders with accounts that offer low spread conditions and fast execution speeds.

What is the strategy used in the De Moore EA MT5?

The core strategy of De Moore EA is the combination of Trend-Following and Price Action on the M5 chart, reinforced by Multi-Timeframe Analysis. Instead of riskily trying to pick absolute tops and bottoms, the EA waits for a trend consensus from larger timeframes, then finds the optimal entry point on the M5 chart. This strategy is accompanied by strict capital management discipline: controlling the Risk/Reward ratio with transparent SL/TP levels and proactively protecting the position status using a flexible Trailing mechanism.

Why choose the De Moore EA MT5?

De Moore EA MT5 is a highly worthy consideration due to its deep focus on a single market, rather than spreading its algorithms thinly across multiple assets. The EA thoroughly addresses the biggest risk for Gold traders by integrating built-in Stop Losses, stepped profit-locking, and automatic USD news avoidance. Its proven track record, backed by 5-star reviews from the MQL5 community, provides a strong endorsement of its reliability during long-term operation.

Trader FeedBack

The system operates on a fully automated, closed-loop process—from market analysis, order placement, and risk-percentage-based volume calculation, to setting Stop Loss, Take Profit, and Dynamic Trailing Stops to protect profits. With a 5-star rating from the MQL5 community, De Moore EA MT5 is highly regarded as a disciplined trading tool that balances profit potential with strict account risk management.

HIGH RISK WARNING & DISCLAIMER

Trading Foreign Exchange (Forex), Contracts for Difference (CFDs), and Gold (XAUUSD) carries an extremely high level of financial risk and may result in the partial or complete loss of your invested capital. Therefore, this type of trading is not suitable for all investors.

When deciding to use an automated trading system (Expert Advisor/Robot), you must fully understand and acknowledge the following principles:

• Past performance is no guarantee of future results: All Backtest results, Myfxbook data, or live trading history provided in this article are for informational and illustrative purposes only to demonstrate the algorithm’s capabilities. Past profitability is absolutely NOT a commitment or guarantee of any future returns.

• Market & Technological Risks: An EA is a tool programmed based on fixed algorithms. However, the market is constantly fluctuating. “Black Swan” events, major news releases, network latency (VPS issues), or spread widening and slippage from brokers can cause the EA to perform differently than expected.

• Capital Management: You are 100% responsible for all trading decisions and parameter settings on your personal account. Never invest with borrowed money or money that you cannot afford to lose (such as essential living funds).

The content of this article and the software product are intended solely for educational purposes, to provide a supporting tool, and to share personal experiences. They should NOT be construed as financial or investment advice. By purchasing and using this software, you acknowledge that you have read, fully understood, and accepted all associated risks.

What do you get After Downloading?

1. Experts:

• De Moore_2.18_fix.ex5

2. SetFiles:

• XAUUSD_Fixed Lot_0.01.set
• XAUUSD_Auto Lot_Risk 1%.set
• XAUUSD_Auto Lot_Risk 2%.set
• XAUUSD_Auto Lot_Risk 3%.set
• XAUUSD_Auto Lot_Risk 4%.set
• XAUUSD_Auto Lot_Risk 5%.set

Final Conclusion

De Moore EA MT5 is a professional scalping system built exclusively for the Gold market, effectively combining Price Action signals, multi-timeframe trends, and a multi-layered risk management system. By eliminating risky strategies like uncontrolled averaging and replacing them with clear SL/TP mechanisms and smart news filters, the EA delivers a disciplined and durable automated trading solution. For optimal performance, investors should deploy the EA on low-spread accounts paired with a high-speed VPS, and test it thoroughly in a demo environment before scaling up with larger live capital.

• Reviewed by James Jones

Sincerely and Wishing You Successful Trading!