De Moore v2.18 MT5 EA

DeMoore Expert Advisor is an automated trading system developed specifically for gold trading on MetaTrader 5. Designed for the XAUUSD or GOLD symbol on the M5 timeframe, it focuses on short term trading opportunities using trend following principles, price action analysis, and multi timeframe market evaluation. The system is intended for traders who want to automate their gold trading strategy while maintaining a structured approach to trade execution and risk management.

The core trading logic combines trend direction with price action signals to evaluate potential market entries. Through multi timeframe analysis, DeMoore EA considers market conditions across different time perspectives rather than relying exclusively on a single chart view. This approach aims to identify trading opportunities that align with broader market direction while responding to shorter term price movements. All trading decisions are executed automatically according to the EA settings.

DeMoore EA is designed for continuous operation, allowing it to monitor the gold market and manage trading activity without requiring constant manual supervision. The developer recommends running the system on a virtual private server to maintain reliable operation around the clock. Once installed and configured on MetaTrader 5, traders can allow the EA to execute its strategy according to prevailing market conditions.

Risk awareness is an important part of the DeMoore EA concept. The developer highlights low drawdown, a strong trading logic, and an emphasis on capital preservation as key characteristics. However, actual drawdown and profitability depend on market conditions, broker execution, account configuration, and trading parameters. These characteristics should be evaluated through independent testing rather than assumed to be guaranteed outcomes.

The recommended account setup requires a hedging account with low spreads and a minimum deposit of 500 dollars. Low trading costs are particularly relevant for scalping strategies because spreads and execution costs can affect overall performance. Traders should also confirm their broker symbol specifications and ensure that the account supports the EA requirements before activating live trading.

DeMoore EA is designed to be accessible to traders with different levels of experience through straightforward settings and automated trade management. Its fully automated operation can reduce the need for constant chart monitoring, although users should still review account performance, margin usage, and open positions regularly. Automation does not eliminate market risk or the possibility of unexpected losses.

An important consideration concerns historical testing. According to the developer, the news filter is not applied during backtesting. As a result, historical test results may differ from live trading performance, where news filtering can affect trade execution. Traders should account for this limitation when assessing the strategy and comparing backtest results with forward testing.

DeMoore Expert Advisor is intended for traders seeking an automated XAUUSD scalping solution built around trend following and price action analysis on the M5 timeframe. Before using real capital, traders should test the EA on a demo account, evaluate its performance under realistic trading costs, and apply appropriate risk limits. Gold prices can move sharply, and neither low drawdown nor future profits can be guaranteed. Only trade with funds you can afford to lose.

The download includes the EA, a setfile with recommended settings and a user manual covering installation, broker settings and every input.

Run it on a demo or cent account first to confirm the settings suit your broker and account size.

01EA file for MetaTrader 5 (.ex5)

02Setfile (.set)

03User manual (PDF)

—MetaTrader 5 desktop terminal

—Algo Trading enabled

—Windows VPS recommended for 24/5 running