
Description
Introduction
Axos Golden Robot EA V9.6 MT5 is a MetaTrader 5 Expert Advisor developed specifically for Gold (XAUUSD). It combines advanced momentum analysis with trend-following principles and volatility-based risk management. The EA performs its core market analysis on the internal M15 timeframe regardless of the chart timeframe selected by the user. It operates without Martingale, Grid, Hedging, or high-frequency scalping strategies, focusing instead on structured momentum and trend conditions for automated Gold trading.
Key Features
- Advanced momentum-based trading strategy combined with trend-following logic
- Independent internal M15 market analysis that works on any chart timeframe
- No Martingale strategy
- No Grid trading
- No Hedging strategy
- Not a scalping robot
- Dynamic ATR-based Stop Loss and Take Profit calculations
- Flexible position sizing with fixed lot or percentage-based risk management
- Configurable trading day filter for individual weekdays
- Support for prop firm evaluation through percentage-based risk settings
- Developed exclusively for Gold (XAUUSD) on MetaTrader 5
Recommended Settings
Pair: XAUUSD (Gold)
Timeframe: Any chart timeframe (internal analysis always uses M15)
Recommended configuration based on the supplied backtesting setup:
- InpUseRiskPercent = false
- InpLotSize = 0.05
- InpRiskPercent = 1.0 (when percentage mode is enabled)
- InpATR_Period = 14
- InpSL_Multiplier = 3.5
- InpTP_Multiplier = 5.0
- Trading Days: Monday = true, Tuesday = false, Wednesday = true, Thursday = false, Friday = true, Saturday = false, Sunday = false
For prop firm style evaluation, percentage-based risk can be enabled (example: InpUseRiskPercent = true and InpRiskPercent = 0.5). Always verify settings against your account size, broker conditions, and risk tolerance. Test thoroughly on a demo account first.
Advantages
- Systematic momentum and trend analysis provides a structured approach to Gold trading
- Internal M15 analysis remains consistent regardless of the attached chart timeframe
- Avoids high-risk recovery methods such as Martingale, Grid, and Hedging
- ATR-based Stop Loss and Take Profit adapt to changing market volatility
- Choice between fixed lot and percentage-based position sizing for different account types
- Configurable weekday trading filter for flexible schedule control
- Suitable for evaluation on prop firm accounts when percentage risk is properly configured
- Fully automated trade execution and position management once rules are met
Disadvantages
- Limited to Gold (XAUUSD) only and does not support multi-pair trading
- Historical backtesting showed a maximum relative equity drawdown of 31.63 percent, indicating meaningful risk remains possible
- Results depend heavily on broker spreads, slippage, commissions, and execution quality
- Not designed for scalping or high-frequency small-profit strategies
- Percentage-based risk settings do not automatically guarantee compliance with prop firm daily loss or consistency rules
- Requires continuous MetaTrader 5 connection and enabled algorithmic trading for uninterrupted operation
- Past Strategy Tester performance does not guarantee future results and live outcomes can differ significantly
Support & Disclaimer
Support:
If you need help installing or Downloading or configuring your EA , or face any kind of bug, feel free to reach out on:
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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