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Lizard EA MQ5 (Source Code)
$17
Lizard EA MQ5 Source Code is an automated MetaTrader 5 Expert Advisor designed for H1 XAUUSD (Gold) trading.
Featuring open MQL5 source code with complete rebranding rights, it incorporates 6 swing breakout strategies, pending order execution, smart kill-hour time filters, multi-layered trailing stops, NFP news protection, and non-martingale risk controls for systematic algorithmic Gold trading.
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Description
Description
| Category | MT5 Expert Advisors, Source Code |
|---|
Lizard EA MQ5 is an automated Expert Advisor source code engineered natively for MetaTrader 5, developed exclusively for quantitative Gold (XAUUSD) trading.
Operating on a multi-strategy swing breakout model, the system identifies structural highs and lows on the chart, placing calculated pending stop orders to capture true momentum expansions.
Lizard EA MQ5 (Source Code) — Multi-Strategy Swing Breakout Gold Engine
The EA offers full source code access (MQ5) for complete customization, logic modification, and rebranding. Designed with strict single-position discipline,
Lizard completely avoids high-risk recovery mechanisms such as grid stacking or martingale multipliers, guarding every executed order with dedicated risk controls and a multi-layered exit engine.
Unrivaled Advantages of Open MQ5 Source Code Ownership
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100% White-Label & Rebranding Freedom: Full access to uncompiled MQ5 code allows developers, vendors, and traders to rename the EA, change copyright notices, modify the interface, and sell or distribute it under their own brand.
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Complete Code Transparency: Eliminates black-box risks by granting full visibility into all 6 swing breakout strategies, entry triggers, trailing algorithms, and news protection modules.
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Limitless Customization & Logic Editing: Modify strategy parameters, integrate custom indicators, add proprietary risk management tools, or hook into external APIs directly inside the MQL5 source code.
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Unrestricted Lifetime Deployment: Deploy on unlimited MetaTrader 5 accounts, brokers, and proprietary trading firm accounts without hardware locks, DLL dependencies, or terminal licensing restrictions.
Core Architectural Highlights
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Full MQL5 Source Code Access: Includes the uncompiled MQ5 source code file, granting complete white-label rights, logic editing, and rebranding freedom.
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Multi-Strategy Architecture: Operates 6 individually optimized swing breakout strategies simultaneously on the H1 timeframe, automatically scaling strategy activation zones based on account equity thresholds.
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Structural Breakout Model: Uses pending Buy Stop and Sell Stop orders positioned at swing levels, requiring genuine momentum confirmation rather than minor price touches.
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Smart Time & GMT Filtering: Blocks trading during historically low-probability hours using GMT performance mapping, automatically disabling execution windows with a profit factor below 1.0.
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Multi-Layered Exit Suite: Features dynamic Break-Even triggers, Trailing Stop Loss, Trailing Take Profit, Magic Step-based Trails, and Virtual Stop Loss execution (broker-side hidden stops).
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Prop Firm & News Protection: Built-in Non-Farm Payroll (NFP) news filters, market-close pending order purge controls, and customizable maximum daily drawdown caps.
Technical Specifications & Recommended Setup
| Parameter | Specification / Recommended Setting |
| Platform | MetaTrader 5 (MT5) |
| Supported Instrument | XAUUSD / GOLD |
| Primary Timeframe | H1 (1 Hour) |
| Source Code Format | Open MQ5 File (Editable, Rebrandable, White-Label Ready) |
| Minimum Balance | $250 USD |
| Leverage Requirement | 1:100 Minimum or higher |
| Account Mode & Type | Hedging Account / ECN or RAW Spread |
| Execution Architecture | Pending Stop Orders (Non-Grid / Non-Martingale) |
| Infrastructure | Continuous 24/5 Low-Latency VPS (Virtual Private Server) |
Key External Input Parameters
1. Strategy & Rebranding Controls
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Strategy Zone Toggles: Configures auto-activation tiers (Zone A for balances up to $1,000; Zone A + B for higher equity).
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Strategy Weights & Magic Numbers: Individual magic numbers and risk allocations for each of the 6 built-in algorithmic modules.
2. Risk Management & Prop Firm Rules
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Lot Sizing Model: Fixed lot allocation or dynamic balance-proportional risk scaling.
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Prop Firm Max Daily Drawdown: Sets strict daily equity loss limits to comply with prop firm challenge rules.
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Virtual Stop Loss: Toggles software-managed hidden stops to prevent broker stop-hunting.
3. Exit & Trailing Stop Suite
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Break Even Settings: Sets profit thresholds to move Stop Loss to entry price.
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Trailing Stop & Take Profit: Configures activation distances and trailing steps for both SL and TP.
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Magic Trail Module: Enables step-based Stop Loss progression.
4. News & Time Filters
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Smart Kill-Hours: Toggles hourly execution filters based on historical GMT data.
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NFP Filter: Sets pre- and post-news pause durations for Non-Farm Payroll releases.
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Market Close Protection: Automatically purges pending orders before daily market rollover.
Overview & Operational Summary
Lizard EA MQ5 provides a clean, white-label quantitative breakout engine for automated Gold trading on MetaTrader 5.
By delivering raw source code access alongside 6 swing breakout strategies, multi-layered exit management, and prop-firm risk protection, the system offers an adaptable, rebrandable framework for developers and professional quantitative traders.
