Mosquito EA MT5 v1.3 + Setfiles

Mosquito EA – Trend-Following XAUUSD Expert Advisor for MetaTrader 5

Mosquito is a trend-following MetaTrader 5 Expert Advisor built specifically for XAUUSD (Gold) on the H1 timeframe, using Bollinger Bands, Moving Averages, and price-action confirmation to time entries. A supplied Strategy Tester backtest on XAUUSD H1 recorded 508 trades, an 86.81% win rate, and a 4.83 profit factor, though the EA’s original MQL5 marketplace listing is currently unavailable. This package is delivered directly by the store as version 1.3, with six ready-made risk-percentage set files for position sizing.

⚡ Key Highlights

• ⚙️ Trend-following gold specialist trading XAUUSD on H1 using Bollinger Bands, Moving Averages, and price-action confirmation.
• 📈 A supplied Strategy Tester backtest recorded 508 trades, an 86.81% win rate, and a 4.83 profit factor on XAUUSD H1.
• 🛡️ Fixed 200-pip stop-loss and 300-pip take-profit per the supplied settings panel, with trailing activation at 55 pips.
• ⚠️ Built-in spread filter (max 4.0 pips) and a high-impact news filter pause trading around USD, EUR, GBP, and CAD releases.
• 🖥️ Originally listed on MQL5 (product ID 177395); that marketplace listing is currently unavailable, making this store package the direct source for the files.
• 📦 Six ready-made risk-percentage set files (1% to 6%) let you scale position sizing without manual recalculation.

📊 Performance Results

The strongest available performance evidence comes from a supplied MT5 Strategy Tester backtest on XAUUSD H1, run with 99% real-tick modeling. It recorded 508 trades, an 86.81% win rate, a 4.83 profit factor, and a recovery factor of 18.49. These are seller-reported backtest figures rather than an independently audited report.

A historical snapshot from the developer’s MQL5 seller profile once showed a live signal with roughly 35% growth over 15 weeks across 101 trades, an 82% win rate, and a 20% maximum drawdown. That signal is now disabled, and other cached snapshots for the same seller account show different statistics, including a 61% growth figure with a 5% drawdown. Treat this earlier live data as historical only; it cannot be independently re-verified today.

Backtest drawdown is reported as 9.09% on an equity basis and 7.45% on a balance basis; other store pages list a lower 4.10% figure for the same test, so treat the drawdown range as approximate rather than a single fixed number. The package includes six risk-percentage set files (1% to 6%), and higher-risk files will proportionally raise both position size and potential drawdown. Choosing a lower risk% file and validating performance on a demo account before increasing risk is the practical way to manage this exposure.

Backtest results can differ from live results because of spread, slippage, data, and execution.

⚙️ How It Works

Strategy: Mosquito is a trend-following system for XAUUSD (Gold) on the H1 timeframe. Reseller documentation describes entries confirmed by Bollinger Bands, Moving Averages, and price-action structure rather than continuous trading.

Entry: The EA waits for trend and momentum conditions from these indicators to align before opening a position, so trade frequency is selective rather than constant.

Position / Grid Management: The supplied settings panel and reseller documentation describe fixed-risk position sizing, either as a percentage of equity (AutoLots) or fixed lots, without grid or martingale-style position stacking. This has not been independently verified against the EA’s source code.

Exit: The supplied settings panel shows a fixed take-profit of 300 pips and a stop-loss of 200 pips, with a trailing stop activating at 55 pips and trailing by 15 pips.

Risk Control: A maximum spread filter of 4.0 pips blocks entries when spread widens beyond that level. A high-impact news filter pauses trading 30 minutes before and after USD, EUR, GBP, and CAD news events.

Best Conditions: The EA is designed around XAUUSD on H1 with low-spread, fast execution; reseller pages recommend an ECN/raw-spread broker and a hedging-enabled account.

Caution: A separate synthetic backtest run on a conservative major-pairs profile, not XAUUSD, showed a negative return and a 44.09% drawdown. This shows that Mosquito’s results are tied to its intended Gold/H1 configuration and should not be assumed to transfer to other pairs or setups.

🧩 Technical Specifications

🎯 Who Should Use This EA

Ideal for:

• Traders wanting a dedicated XAUUSD/Gold system rather than a multi-pair EA.
• Traders comfortable running H1 on an ECN/raw-spread broker with hedging enabled.
• Traders who want adjustable risk exposure through the included 1%-6% risk-percentage set files.

Best results when:

• The broker offers low spread and fast execution on Gold during liquid trading hours.
• The EA runs continuously on a VPS so the news filter and trailing stop can act on schedule.

Not ideal for: traders who need currently monitored, independently verified live results, since the original MQL5 signal is disabled and the marketplace listing is withdrawn, or traders seeking a multi-pair EA.

📦 Download Package Included

Files:

• Mosquito EA_1.3_fix.ex5
• mosquito_icm_1.set
• mosquito_risk1%.set
• mosquito_risk2%.set
• mosquito_risk3%.set
• mosquito_risk4%.set
• mosquito_risk5%.set
• mosquito_risk6%.set

Your download link will be sent to your email address automatically after purchase is confirmed.

❓ Frequently Asked Questions