Lizard v1.85 – Gold EA for XAUUSD | Swing Breakout MT5 EA

Lizard Gold EA is a fully automated swing breakout trading system developed specifically for XAUUSD on MetaTrader 5. Designed to capture significant Gold price movements, the Expert Advisor combines six independent breakout strategies to identify potential trading opportunities across different market conditions. Its core value proposition is to provide traders with a systematic approach to Gold swing trading, combining structured entry logic, multi layer trade management, and configurable risk controls without requiring constant manual intervention.

The foundation of Lizard is its swing breakout methodology. The EA continuously analyses the H1 chart to identify significant swing highs and swing lows that may act as breakout levels. Once a valid market structure is detected, the system calculates suitable entry points and places pending buy stop or sell stop orders. A trade is triggered when price breaks through the designated entry level rather than merely touching it. This approach aims to filter out weaker price movements and participate in potential momentum driven breakouts.

Lizard operates six independent strategies simultaneously on the H1 timeframe. Each strategy has its own stop loss, take profit, trailing logic, magic number, and risk weighting. This multi strategy architecture allows the EA to address different breakout conditions, ranging from shorter intraday opportunities to multi day swing movements. Strategy activation is determined by account balance. Zone A operates with balances up to 1000 USD, while Zone A and Zone B become active when the balance reaches 1001 USD or more.

Trade management is a central component of the system. Lizard incorporates breakeven adjustments, trailing stop loss, trailing take profit, and step based stop progression to manage positions as market conditions evolve. Its virtual stop loss functionality can close positions through the EA software rather than relying exclusively on a broker hosted stop order. This feature requires the terminal or VPS to remain operational and cannot provide the same protection as a server side stop when the software is disconnected.

The Expert Advisor also includes additional controls designed to improve operational discipline. Individual strategy time filters can exclude trading hours with a historically evaluated profit factor below 1.0. A news filter pauses trading around US Non Farm Payrolls releases, while pending order cleanup removes outstanding orders ahead of the daily market close window. A configurable maximum daily loss parameter is available for traders seeking to apply prop firm style risk limits.

Lizard is designed for MetaTrader 5 and requires the XAUUSD symbol on the H1 chart. The stated minimum account balance is 250 USD, with a hedging account and an ECN or RAW account type recommended. Leverage of 1 to 100 or higher is suggested, subject to broker requirements and applicable restrictions. A reliable VPS is strongly recommended for continuous monitoring, timely order management, and uninterrupted operation. Users should attach the EA to a single XAUUSD H1 chart, enable automated trading, and configure the appropriate risk settings and preset.

Lizard Gold EA is intended for traders seeking an automated swing breakout system with multiple independent strategies and structured position management. Gold trading carries substantial financial risk, and no strategy can guarantee profits. Backtest and live performance may differ, so users should validate the EA on a demo account, understand the selected risk settings, and trade only with capital they can afford to lose.

The download includes the EA, the setfile used for the published tests 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.