Psar Gold Matrix EA MT5 (Official version) | Unbounded

Product Overview

PSAR Gold Matrix EA MT5 is an automated Gold scalping Expert Advisor for MetaTrader 5, designed exclusively for XAU/USD (Gold). The EA combines Parabolic SAR (PSAR) and Tick Volume to filter potential entries according to market direction and trading activity.

The strategy uses pending grid stop orders, placing staggered Buy Stop and Sell Stop levels around the current market price. Entries are filtered by the active PSAR direction and volume conditions before orders are placed.

Each position can be managed using a fixed Stop Loss, automatic profit closure, dynamic trailing stop, and Break Even protection. Additional controls for spread, trading sessions, lot sizing, and available margin provide users with configurable tools for managing automated Gold trading.

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About the Developer

• Author: Ignacio Agustin Mene Franco
• Experience: Over 3 years of experience on MQL5.
• Notable Products: Psar Gold Matrix EA MT5, Trader Gold EA MT5, Vwap Scalper XAU EA MT5, Alligator Gold Cyber EA MT5, Merket Structure Pro EA MT5, Harmonic Pro AI EA MT5, Volumen Scalper GOLD EA MT5, Storm Trader EA MT5, Ichimoku Scalper Gold EA MT4, Level Hard Xauusd, Danesha Xauusd, Power Fusion Xauusd, Level Slow Xauusd EA MT4 and other advisors.
• Flagship Product: Psar Gold Matrix EA MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Psar Gold Matrix EA MT5 Overview

Key Features of Psar Gold Matrix EA MT5

Parabolic SAR Trend Filter

The Parabolic SAR acts as the primary directional filter.

• Buy conditions: PSAR is positioned below the current price.
• Sell conditions: PSAR is positioned above the current price.

The EA continuously monitors PSAR conditions and can detect changes in the current directional bias.

This helps restrict pending-order placement according to the selected trend direction.

Tick Volume Filter

The Tick Volume Filter evaluates current market activity before allowing trading conditions.

The EA compares the current volume against the average volume of the previous N periods multiplied by a configurable factor.

Conceptually:

Current Volume > Average Volume × Volume Multiplier

This allows traders to require stronger-than-average market activity before the strategy becomes active.

Pending Grid Stop Orders

PSAR Gold Matrix EA MT5 uses a configurable pending-order grid.

The EA can place multiple:

• Buy Stop orders above the current price
• Sell Stop orders below the current price

Orders are distributed according to the configured Entry Delta and maximum grid distance.

The maximum number of pending orders per direction can also be controlled, allowing users to limit the number of simultaneously active grid levels.

Dynamic Trailing Stop

The trailing system automatically manages profitable positions after the configured activation threshold is reached.

The trailing distance can be adjusted using a configurable step, while the optional Aggressive Mode can tighten position protection as accumulated profit increases.

Automatic Break Even

The EA can automatically move Stop Loss toward the entry level after the configured Break Even trigger is reached.

A safety buffer can be incorporated according to the selected settings.

Automatic Close by Pip Target

Positions can be automatically closed after reaching the configured profit target in pips.

This provides a predefined exit mechanism without requiring the trader to manually monitor each position.

Trading Time Filter

The built-in Time Filter allows the EA to operate only during selected trading hours.

This can be used to avoid periods that the user considers unsuitable, such as low-activity sessions or specific market hours.

Spread Filter

Before placing new orders, the EA checks the current spread against the configured maximum.

When the spread exceeds the allowed threshold, new entries can be suspended until market conditions return within the selected limit.

Flexible Capital Management

The EA supports two primary position-sizing approaches:

• Fixed Lot: Uses a predefined lot size.
• Risk Percentage: Calculates position size according to the selected percentage of account balance.

Available margin is checked before order placement to help prevent trades from being opened when account resources are insufficient.

How Does PSAR Gold Matrix EA MT5 Work?

The trading process can be summarized in several stages.

Step 1 – Analyze PSAR Direction

The EA reads the current Parabolic SAR position relative to market price.

• SAR below price → bullish trading condition
• SAR above price → bearish trading condition

Step 2 – Validate Market Volume

The EA compares current Tick Volume with the selected historical average and volume multiplier.

If the required volume condition is not satisfied, the trading setup can be rejected.

Step 3 – Apply Trading Filters

Before placing pending orders, the EA checks:

• Trading session
• Current spread
• Available margin
• Grid parameters
• Maximum pending orders
• Risk and lot-size configuration

Step 4 – Build the Pending Grid

When the required conditions are satisfied, the EA places Buy Stop and/or Sell Stop orders according to the configured entry distance and grid limits.

Step 5 – Monitor Triggered Positions

When a pending order is triggered, the resulting position is managed automatically using the configured Stop Loss, profit target, trailing stop, and Break Even settings.

Step 6 – Adjust Protection

As the position moves into profit, the trailing system can progressively adjust the Stop Loss. Aggressive Mode can provide a more active trailing configuration.

Step 7 – Close the Position

The position can be closed when:

• The configured pip-profit target is reached,
• The Stop Loss is triggered,
• The trailing Stop Loss is triggered,
• Or another configured exit condition becomes active.

Why Choose PSAR Gold Matrix EA MT5?

PSAR Gold Matrix EA MT5 brings trend filtering, volume validation, pending-grid execution, and automated position management into one MT5 system.

Key characteristics include:

• Designed exclusively for XAU/USD
• Parabolic SAR trend filter
• Real-time PSAR direction detection
• Tick Volume confirmation
• Configurable volume period and multiplier
• Buy Stop / Sell Stop pending grid
• Configurable entry distance
• Maximum grid-distance control
• Maximum pending orders per direction
• Fixed-lot trading
• Risk-percentage position sizing
• Available-margin validation
• Fixed Stop Loss
• Dynamic trailing stop
• Optional Aggressive Trailing Mode
• Automatic Break Even
• Automatic pip-profit closure
• Trading-session filter
• Maximum spread filter
• Matrix-style real-time dashboard

Psar Gold Matrix EA MT5 Backtest Results

🔺Gold (XAUUSD) – over many years

• Initial Deposit: $1.000
• Total Net Profit: $318.606,09
• Win Rate (% of total): 81,25%
• Maximum Drawdown: 0.83%

Psar Gold Matrix EA MT5 Backtets

Performance and Risk Management

PSAR Gold Matrix EA MT5 provides several controls for managing trading exposure.

Position Sizing

Users can choose between fixed lot sizing and percentage-based risk calculation.

Risk-based sizing can adjust the position size according to account balance and the configured risk percentage, subject to broker specifications and available margin.

Stop Loss

Each position can use a configurable fixed Stop Loss measured in pips.

A Stop Loss can help define the maximum intended loss for an individual position, although actual execution can differ during fast-moving markets or abnormal liquidity conditions.

Trailing Stop

The trailing system activates after the selected profit threshold is reached and progressively follows the market.

The trailing Start and Step parameters can be configured according to the user’s preferred trading behavior.

Break Even

The Break Even function can move Stop Loss toward the entry level after the configured activation target is reached.

Profit Target

The automatic pip-profit closure allows the EA to close positions after reaching a predefined profit level.

Margin Validation

Before placing an order, the EA checks available margin to reduce the possibility of opening positions when insufficient account resources are available.

Grid Exposure Control

Because the strategy uses pending grid orders, controlling the number and distance of orders is important.

The EA provides parameters for:

• Maximum pending orders per direction
• Entry Delta
• Maximum grid distance
• Lot size
• Risk percentage

These settings allow users to define the intended level of market exposure.

Matrix-Style Visual Dashboard

PSAR Gold Matrix EA MT5 includes a real-time dashboard integrated directly into the MT5 chart.

The Matrix-style interface provides a compact view of the EA’s current operating conditions.

The panel can display:

• Account Balance
• Current Equity
• Free Margin
• Open Positions
• Pending Orders
• Profit in USD
• Profit in Pips
• PSAR Status
• Current Tick Volume
• Average Volume
• Current Spread
• Server Time

This allows traders to monitor the EA without continuously checking individual MT5 trade and account windows.

Configurable Parameters

Recommended Trading Environment

The supplied specifications recommend using PSAR Gold Matrix EA MT5 under the following conditions:

Low-spread trading conditions can be particularly relevant for a Gold scalping system because spread and execution costs can have a meaningful impact on short-term trading.

Broker conditions, commissions, spreads, execution quality, leverage, and account availability should always be verified directly with the broker before live deployment.

Weaknesses and Risk Warnings

PSAR Gold Matrix EA MT5 is an automated Gold scalping system that uses pending grid orders, so users should understand the specific risks associated with this approach.

• Grid trading can accumulate multiple positions when several pending orders are triggered.
• XAU/USD can move rapidly during major economic announcements and volatile market conditions.
• Parabolic SAR can change direction frequently during sideways or choppy markets.
• Tick Volume is a market-activity measure and does not guarantee the continuation of a price movement.
• A volume filter can reduce activity during quiet periods but cannot eliminate false signals.
• Increasing the maximum number of pending orders can increase total exposure.
• Aggressive trailing can cause positions to close earlier during normal market retracements.
• Fixed-lot trading does not automatically adjust exposure when account equity changes.
• Risk-percentage calculations depend on broker contract specifications, tick value, Stop Loss distance, and execution conditions.
• Spread protection cannot eliminate slippage or execution delays.
• Pending orders may be triggered rapidly during volatile market movements.
• Stop Loss orders do not guarantee exact execution prices during extreme volatility or gaps.
• Historical backtests and simulated results do not guarantee future live performance.
• Demo and forward testing are recommended before using the EA with real funds.

Pros and Cons

How to Install PSAR Gold Matrix EA MT5

1. Download the PSAR Gold Matrix EA MT5 file.
2. Open MetaTrader 5.
3. Select File → Open Data Folder.
4. Navigate to MQL5 → Experts.
5. Copy the EA file into the Experts folder.
6. Restart MetaTrader 5 or refresh the Navigator window.
7. Open an XAU/USD chart.
8. Select M5 or M15.
9. Attach PSAR Gold Matrix EA MT5 to the chart.
10. Enable Algo Trading.
11. Select the desired fixed-lot or risk-percentage configuration.
12. Configure PSAR, Volume Filter, grid distance, pending-order limits, Stop Loss, profit target, trailing, Break Even, spread, and trading-session settings.
13. Test the EA in the MT5 Strategy Tester and on a demo account before considering live deployment.

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Final Thoughts

In summary, PSAR Gold Matrix EA MT5 combines Parabolic SAR, Tick Volume, and pending grid execution into an automated Gold scalping system for MetaTrader 5. Its PSAR filter is designed to align trading activity with the current directional condition, while the volume filter adds an additional market-activity requirement.

The EA also provides configurable grid parameters, position sizing, Stop Loss, trailing management, Break Even, profit-based closure, spread protection, and a real-time Matrix dashboard. Because the strategy can use multiple pending orders, users should carefully evaluate grid exposure, margin requirements, drawdown behavior, and execution conditions through backtesting and forward testing before deploying it on a live XAU/USD account.