Moon Dog V4.22 fix

🌐 MoonDog EA MT5 v4.22 👑

👉 More information about the EA https://www.mql5.com/en/market/product/183924 👀

📊 Live monitoring https://www.mql5.com/en/signals/2381309 🕯

📊 Live monitoring https://www.mql5.com/en/signals/2386840 🕯

📝 User manual https://www.mql5.com/en/blogs/post/774178 ✅

⭐️ MoonDog is not a holy grail system. Losing trades, drawdown and quiet periods are normal. Use proper money management and give the system time before evaluating it. Do not judge an EA based on a few trades or one or two weeks.

MoonDog is a multi-strategy breakout expert advisor built for XAUUSD on MetaTrader 5. All its strategies run from one chart.

The original five strategies are Moon Nova, Moon Apex, Moon Zenith, Moon Pulse and Moon Eclipse. Four additional strategies are now available: Moon Orbit, Moon Halo, Moon Titan and Moon Comet.

The additional strategies are optional. MoonDog uses the original five by default.

Every position has its own initial stop loss (SL) and take profit (TP). MoonDog does not use martingale, recovery grids, averaging of losing positions or larger trades after a loss.

Official name: MoonDog EA

Market page: https://www.mql5.com/ru/market/product/183924

Official developer description:

MoonDog EA is a multi-strategy breakout expert advisor designed specifically for XAUUSD in MetaTrader 5.

The system combines five independent breakout strategies designed to identify different breakout conditions and price range expansion.

MoonDog does not use martingale, recovery mode, grid recovery, lot size increases or averaging of losing positions.

Every trade is opened with a preset stop loss (SL) and take profit (TP). After losing trades, the EA never opens larger positions to recover previous losses.

Breakeven, trailing stop and MoonLock are protective features for managing an open position. They can adjust a trade's protective levels, but never increase the lot size or open additional positions to offset losses.

Official Live Signal

MoonDog's live trading activity can be tracked through the official MQL5 Signal:

https://www.mql5.com/en/signals/2381309

The Live Signal is provided to make results transparent. Live results may differ from backtest results due to spreads, commissions, slippage, execution latency, liquidity and the broker's execution conditions.

Trading Strategy

MoonDog is designed specifically for breakout trading on XAUUSD.

Five independent strategy modules monitor different breakout conditions. When the required conditions are met, the EA can place Buy Stop or Sell Stop pending orders.

Each strategy operates independently and does not rely on a single entry pattern.

Once a position is opened, the trade is managed according to predefined risk parameters.

No Martingale or Recovery

MoonDog uses a simple and transparent risk management system.

No martingale.

No recovery mode.

No grid recovery.

No lot size increases after losses.

No averaging of losing positions.

No increased risk to recover previous losses.

Each position has its own stop loss (SL) and take profit (TP) and is managed independently.

Key Features

Five independent breakout strategies for XAUUSD.

Automatic placement of Buy Stop and Sell Stop orders.

Individual stop loss (SL) and take profit (TP) for each trade.

Risk management using a fixed lot size.

Percentage-based risk management.

Automatic breakeven management.

Trailing stop management.

Progressive profit protection with MoonLock.

Protection against certain false breakouts.

Optional economic news filter.

Customizable trading schedule.

Automatic pending order management.

Built-in MoonDog trading panel.

Support for MetaTrader 5 Strategy Tester and backtesting with real ticks.

No external signal service is required for trade execution.

Risk Management

MoonDog supports both fixed lot size trading and percentage-based risk management.

The selected risk applies to each individual trade. Since the five strategies operate independently, several positions may sometimes be open simultaneously.

Total account exposure may therefore exceed the risk set for a single position.

Users should choose a risk level based on their account balance, broker specifications, acceptable drawdown and personal risk tolerance.

Conservative settings are recommended when first testing MoonDog.

Broker and Execution Conditions

Breakout trading on XAUUSD can be sensitive to execution quality.

Spreads, commissions, slippage, execution latency, liquidity, Stop Level restrictions and differences in XAUUSD specifications between brokers can affect live results.

Accounts with low spreads and stable execution conditions are recommended.

Before trading with real money, users are advised to test MoonDog with their broker and chosen account type.

Backtesting

MoonDog can be tested directly in MetaTrader 5 Strategy Tester.

For more realistic results, it is recommended to use