Logan Gold Adaptive EA MT5 V2.94 + SetFiles

Advanced XAUUSD Adaptive Grid & Recovery Trading System for MetaTrader 5

Logan Gold Adaptive EA MT5 V2.94 + SetFiles is an automated Gold trading Expert Advisor developed for XAUUSD on the M15 timeframe.

Unlike conventional grid systems that continuously add positions at fixed distances, Logan uses a more selective entry process combined with an ATR-based adaptive recovery grid. Before opening its initial position, the EA analyzes several market conditions designed to determine whether the current environment satisfies its trading criteria.

The system combines multi-timeframe EMA analysis, ADX trend-strength confirmation, tick-volume analysis, ATR volatility filtering, spread control and candle momentum analysis.

If price subsequently moves against the initial position, the EA can activate its recovery logic using grid spacing that dynamically adjusts according to current market volatility.

Intelligent Entry Confirmation

Logan does not rely on a single indicator for its initial entry.

Before opening a position, the system evaluates several conditions simultaneously, including:

✓ Three Exponential Moving Averages (EMA)
✓ Multi-Timeframe Trend Alignment
✓ ADX Trend Strength
✓ Tick Volume
✓ ATR Volatility Conditions
✓ Current Spread
✓ Candle Directional Momentum

The initial trade is opened only after the required strategy conditions have been satisfied.

This separates the initial entry logic from the recovery mechanism used if the market subsequently moves against the position.

ATR-Based Adaptive Grid

One of Logan’s key features is its adaptive grid spacing.

Instead of placing recovery positions at permanently fixed distances, the EA uses Average True Range (ATR) information to respond to current volatility.

When volatility changes, the distance between potential recovery entries can expand or contract accordingly.

The basic process is:

Initial Entry → Market Moves Against Position → ATR-Based Recovery Entries → Basket Management → Basket Profit Target

Once the combined basket reaches its predefined profit objective, the system can close the open positions together.

Dynamic Recovery System

The recovery mechanism is designed to manage situations where the original trade does not immediately move in the expected direction.

Rather than relying exclusively on the first position, Logan can progressively add positions according to its programmed recovery rules.

The combination of:

Adaptive Grid Spacing
Dynamic Lot Progression
Basket-Level Management

allows the EA to manage the group of positions as a complete trading basket.

⚠️ Because this is a Grid/Recovery strategy, additional positions can increase total market exposure and drawdown. Appropriate account capitalization and conservative settings are therefore important.

Multi-Timeframe EMA Analysis

Logan analyzes the alignment of three Exponential Moving Averages across multiple timeframes.

EMA alignment helps the system determine broader directional conditions before considering the initial trade.

This is combined with additional confirmation filters rather than being used as an isolated entry signal.

ADX Trend Strength Confirmation

The Average Directional Index (ADX) is incorporated into the entry process to evaluate market trend strength.

This provides another layer of confirmation before the EA decides whether current conditions meet its entry requirements.

Tick Volume Analysis

The EA also compares current tick volume with recent market activity.

Volume information provides additional context about current market participation and is incorporated into Logan’s multi-condition entry process.

ATR Volatility Filter

ATR performs two important functions within the strategy.

It helps Logan:

1. Evaluate whether current volatility is appropriate for an initial trade

and

2. Dynamically determine spacing between recovery positions

This allows volatility to influence both entry qualification and subsequent position management.

Spread Protection

Execution costs can significantly affect automated Gold strategies.

Logan therefore includes Maximum Spread Protection, allowing the system to avoid opening new trades when spreads exceed the configured acceptable level.

This can be particularly useful around periods of abnormal liquidity or increased market volatility.

Trading Session Filters

The EA includes configurable Trading Session Filters.

These allow trading activity to be restricted to selected operating hours rather than requiring the system to accept potential entries throughout every market session.

Daily Drawdown Protection

Logan includes an integrated Daily Drawdown Limit designed to control account exposure.

The system can monitor the combination of:

Realized Losses + Floating Losses

against the selected daily drawdown percentage.

When the configured threshold is reached, Logan can stop opening new positions for the remainder of that trading day.

An optional setting can also close active positions once the specified limit is reached.

Trading can resume automatically with the beginning of the next trading day.

Fixed & Automatic Lot Sizing

Logan supports different position-sizing approaches:

Fixed Lot Size

The trader manually defines the starting trading volume.

Automatic Lot Sizing

The EA can calculate position size according to account balance and the selected configuration.

This makes it possible to configure the system according to different account sizes and risk preferences.

Designed Specifically for GOLD

The primary configuration is:

XAUUSD / GOLD

with:

M15 Timeframe

The EA should therefore be attached to an XAUUSD M15 chart unless a specifically tested alternative configuration is being used.

Account Requirements

For the intended XAUUSD configuration:

The minimum and recommended balances above are configuration guidelines rather than guarantees of account safety.

ECN / Raw Spread Recommended

Because Gold can experience rapidly changing spreads and execution conditions, ECN or Raw Spread accounts are strongly recommended.

Broker execution, spread, commission, latency and slippage can influence the behavior and results of automated strategies.

Testing the EA on the intended broker before live deployment is therefore recommended.

Broker Profile Support

The EA includes broker-specific configuration options.

For example, an Exness broker profile can be selected so that the EA applies the corresponding internal settings.

The strategy has also been presented for use with brokers including:

VT Markets • TMGM • TitanFX • GlobalPrime • Vantage • iFunds

This should not be interpreted as a guarantee of identical results across brokers.

VPS Recommended

A VPS is recommended for uninterrupted automated operation.

Keeping MetaTrader 5 continuously connected can help reduce interruptions caused by:

PC Shutdowns
Internet Disconnections
Local Power Interruptions

For automated trading, VPS location close to the broker’s trading server can also help reduce network latency.

Main Features

✓ Automated XAUUSD Trading
✓ Optimized for M15
✓ Selective Initial Entry Logic
✓ Adaptive Grid Recovery
✓ ATR-Based Grid Spacing
✓ Dynamic Lot Progression
✓ Basket-Level Position Management
✓ Three EMA Analysis
✓ Multi-Timeframe Confirmation
✓ ADX Trend Strength Filter
✓ Tick Volume Analysis
✓ ATR Volatility Filter
✓ Candle Momentum Confirmation
✓ Maximum Spread Protection
✓ Trading Session Filters
✓ Daily Drawdown Protection
✓ Optional Position Closure at Drawdown Limit
✓ Fixed Lot Sizing
✓ Automatic Lot Sizing
✓ Hedge & Netting Account Support
✓ Broker Profile Settings
✓ SetFiles Included

How Logan Works

The basic trading process can be summarized as:

Market Analysis
↓
EMA Multi-Timeframe Confirmation
↓
ADX + Volume + ATR Analysis
↓
Spread & Momentum Check
↓
Initial Position
↓
ATR Adaptive Recovery if Required
↓
Dynamic Basket Management
↓
Basket Profit Target

The important distinction is that the Grid mechanism is primarily part of the recovery process, while the initial position first has to pass the EA’s entry conditions.

Package Contents

Logan Gold Adaptive EA MT5 V2.94

SetFiles

Important Risk Notice

Logan Gold Adaptive EA uses Grid/Recovery and dynamic position-management techniques.

Grid-based strategies can substantially increase total market exposure when price continues moving against existing positions. This can result in significant floating drawdown and losses, particularly during strong directional Gold movements.

Minimum deposits, recommended balances, historical results and backtests do not guarantee future performance. Users should test the EA with their own broker and selected settings before live trading.