EV GOLDFISH

EV GoldFish is a fully automated Expert Advisor for MetaTrader 5 based on an exponential moving average crossover (EMA), designed for intraday trading with a strong emphasis on risk and money management.

The system's logic is based on a classic trend-following concept using two EMAs (fast and slow) on a user-configurable timeframe. The EA looks for bullish and bearish crossovers to open buy or sell positions, only allows one trade per symbol at a time, and checks for new signals once per candle to reduce noise and overtrading.

The risk per trade is calculated as a percentage of the account equity, with a stop loss defined in pips and automatically converted to the correct lot size for any symbol. The take profit is derived from a configurable risk/reward ratio, and the Expert Advisor (EA) monitors daily profit and loss in both monetary and percentage terms. From the start of each trading day, GoldFish monitors equity and, when the maximum daily profit or stop loss is reached, closes any open positions on that symbol and blocks new trades until the following day, helping to protect the account from emotional decisions or excessive risk-taking.

EV GoldFish also includes an advanced management layer with partial profit closure, logical break-even, and optional trailing stop. The user can activate a partial closure at a defined multiple of R, move the stop to break-even with a small offset in pips to cover costs and commissions, and activate a trailing stop that follows the price once the trade has moved a certain number of pips in its favor.

This Expert Advisor (EA) is designed to trade liquid instruments such as major forex pairs, indices, and gold, always subject to backtesting and prior validation by the user. The timeframe is configurable, ranging from fast timeframes for scalping to longer intraday timeframes.

EV GoldFish does not promise guaranteed results; its goal is to give you a structured tool, with integrated risk management, so you can stop improvising and start trading with clear and repeatable rules.

Trading involves risk. Past performance, backtesting, and examples are not indicative of future results. You should only trade with capital you can afford to lose.