Meridian Trend
Meridian Trend — gold (XAUUSD) trend-following EA for MT5
A trend-following Expert Advisor for XAUUSD, compiled for your own MT5 account numbers.
Price
$399
Digital download, compiled for the MT5 accounts you give at checkout. No refunds once your build has been delivered.
- Version
- 1.0.0
- MT5 accounts per licence
- 2
- Strategy
- Meridian Trend
What your one-time payment gives you
- One position at a time; it never adds to a trade that is going against it.
- You choose the money at risk per trade; every other setting is sealed into the build.
- Compiled for up to two MT5 account logins; it refuses to run on any other account.
- Perpetual licence: buy once, no subscription and no renewal date.
Who Meridian Trend is for
Good at
- One position at a time
- A fixed amount of money at risk on every trade
- Prop-firm evaluations: lower the risk per trade first
Who should run this
For hands-off traders who want a simple, single-position approach with a known risk per trade.
Who can run this
- $25,000 or more at the default risk per trade
- Hedging MT5 account
- Any broker offering XAUUSD
- VPS optional; it can run on your own machine
- Prop-firm evaluations: lower the risk per trade first
How Meridian Trend trades gold
- It reads the direction gold has been travelling in over the longer run, and only looks for trades that go the same way.
- When price finally breaks clear of the range it has been sitting in, it takes a single position in that direction.
- It holds one position at a time and never adds to a trade that is going against it; the money at risk on each is a fixed amount you set.
- A trade that is working is given room to run, and is handed back only once the move it was riding turns.
Meridian Trend profiles and their .set files
StandardDefault
The settings this Product was tested with: one position at a time, and a fixed amount of money at risk on each.
Meridian Trend backtest: XAUUSD in the MT5 Strategy Tester
| Net return | +132% · $32,995.74 |
|---|---|
| Profit factor | 1.4 |
| Sharpe ratio | 5.19 |
| Recovery factor | 4.03 |
| Max equity drawdown | 22% |
| Trades | 312 |
| Winning trades | 34.9% |
Preset files in the package
- MeridianTrend-Standard.set
Risk
Trading gold, foreign exchange and CFDs on margin carries a high level of risk and is not suitable for every investor.