Forge of Ideas for XAUUSD - H1 EA Analysis Overview

A. Primary Trading Style

Forge of Ideas EA follows a medium-term intraday strategy on XAUUSD (Gold), capturing substantial pip movements per trade (~54,000 average). The system is engineered to identify high-probability setups within active trading windows, maintaining trade durations under one day while targeting strong directional trends.

B. Unique Characteristics of the EA

This EA utilizes dynamic position sizing based on risk or market conditions, as indicated by its varying lot sizes. It has a clear reliance on defined stop-loss levels, with nearly 98% of trades exhibiting significant pip swings. The EA avoids excessive trade stacking or grid/martingale tactics, focusing instead on clean, single-position entries with structured exits.

C. Average Holding Time

On average, trades are held for 5.3 hours, with the longest trade lasting nearly 24 hours. This reinforces its commitment to intraday cycle completion without overexposure.

D. Trading Frequency

With an average of 2.4 trades per day or 28 trades per month, the EA offers an active profile suited for traders seeking regular opportunities while minimizing idle time.

E. Risk Profile

The system shows consistent use of stop-loss and take-profit levels, with flexible lot sizes, indicating an adaptive risk model. While not overly aggressive, it does apply sufficient risk to pursue meaningful profits per setup.

F. Session Preference

Forge of Ideas primarily executes trades during the London session (57.6%), with secondary activity in the New York session (28.7%), and limited activity in Asia (13.7%). This reflects a preference for volatility-rich trading hours.

G. Performance Insights

• Profit factor: 1.77

• Win rate: 56.4%

• Highest single-trade profit: $3,955.14

• Maximum drawdown (per trade): -$997.32

• Consistency (monthly P/L Std Dev): $1,166.98

Interesting Fact:

Despite being an intraday EA, Forge of Ideas never exceeds a 24-hour holding period, indicating strong internal logic for time-bound trade exits.

Conclusion

Forge of Ideas EA delivers a balanced combination of frequency, risk control, and intraday precision. Ideal for active gold traders, it adapts to market dynamics while maintaining structural discipline, making it a powerful tool for both manual overseers and fully automated portfolios.

* EA Analysis by ChatGPT from my Trade lists