
Description
Introduction
CITY GOLD KILLER PRO EA V1.0 MT5 is an automated gold trading system developed for the MetaTrader 5 platform, primarily designed for XAU/USD trading opportunities. The EA focuses on identifying trend movement, momentum shifts, and volatility-based setups in the gold market while executing trades automatically. By combining market analysis, trade automation, and risk management, the system aims to reduce emotional trading and improve execution consistency.
Key Features
- Optimized for gold (XAU/USD) trading
- Fully automated trade execution
- Trend detection and filtering
- Momentum-based market analysis
- Volatility monitoring system
- Real-time market scanning
- Stop-loss and take-profit automation
- Dynamic risk management settings
- Multi-timeframe analysis
- Spread filtering technology
- MT5 platform compatibility
- VPS support for 24/7 stable trading
- Adjustable trading settings
Recommended Settings
The ideal setup depends on broker quality, account size, and risk tolerance. Conservative settings are recommended for better stability.
Suggested Setup
- Trading Pair: XAU/USD (Gold)
- Timeframe: M15, M30, or H1
- Risk Level: 1%–2% per trade
- Minimum Deposit: $500 or higher
- Broker Type: ECN or low-spread broker
- VPS Recommended: Yes
- Leverage: 1:100 or higher
- Algo Trading Enabled: Yes
Beginners should first test the EA on a demo account before moving to live trading.
Backtest Result
Backtesting helps evaluate EA performance using historical market data. Actual live results may vary depending on volatility, broker execution, and spread conditions.
Common Backtest Observations
- Better performance during volatile gold market sessions
- Improved results during trending market conditions
- Faster execution during momentum movement
- Stable performance with conservative risk settings
- Controlled drawdown through proper money management
Past performance does not guarantee future results.
Advantages
- Designed specifically for gold trading
- Fully automated trading system
- Fast execution during volatile market movement
- Reduces emotional trading decisions
- Continuous market monitoring
- Trend and momentum confirmation
- Built-in risk management tools
- Spread filtering for trade quality
- MT5 compatibility
- VPS support for uninterrupted operation
- Flexible customizable settings
Disadvantages
- Gold volatility may increase risk
- Performance depends on broker execution quality
- VPS hosting recommended for best results
- High spreads may affect profitability
- Drawdowns are still possible
- Not ideal for complete beginners
- Requires disciplined risk management
- Market conditions can impact performance
Installation & Setup Guide
Step 1: Download the EA
Download the .ex5 file and setup package.
Step 2: Install MetaTrader 5
Install MT5 and log into your trading account.
Step 3: Open Data Folder
In MT5:
- Click File
- Select Open Data Folder
- Open MQL5 > Experts
Step 4: Copy EA File
Paste the EA file into the Experts folder.
Step 5: Restart MT5
Close and reopen the MetaTrader 5 platform.
Step 6: Enable Algo Trading
Go to:
- Tools
- Options
- Expert Advisors
Enable:
- Allow algorithmic trading
- Allow DLL imports if required
Step 7: Attach EA to Chart
- Open XAU/USD chart
- Select recommended timeframe
- Drag the EA onto the chart
Step 8: Configure Settings
Adjust:
- Lot size
- Risk percentage
- Stop loss
- Take profit
- Maximum trades
Step 9: Activate the EA
Enable the Algo Trading button to start automated trading.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
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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