Gold Hunter V8 EA V1.0 MT5

Gold Hunter V8 EA V1.0 MT5 is a specialized MT5 Expert Advisor designed exclusively for XAUUSD (Gold) trading. Unlike risky martingale or grid systems, this EA follows a disciplined single-trade approach: it opens one position at a time, sets a hard Stop Loss, and manages the trade with a dynamic trailing stop. Built for traders who prioritize capital preservation over aggressive gambling, this EA waits patiently for high-probability setups on the H1 timeframe and then executes with surgical precision.

🔑 Key Features:

• ✅ Non-Martingale & Non-Grid – Never doubles down on losing trades
• ✅ Single Position Entry – Only one active trade at any time
• ✅ Hard Stop Loss on Broker Server – Protects even during internet outages
• ✅ Dynamic ATR-Based Trailing Stop – Locks in profits as trend develops
• ✅ Stealth Pending Order Execution – Avoids slippage and market scanners
• ✅ Time Filter – Restricts trading to high-volatility sessions (London/NY overlap)
• ✅ Push Notifications – Sends mobile alerts for trade openings and closures
• ✅ Prop Firm Compatible – Works with FTMO, MyFundedFX, and similar challenges

⚙️ Recommended Settings:

• 📌 Pair: XAUUSD (Gold vs US Dollar) – strictly required
• ⏱️ Timeframe: H1 (Hourly) – do not use any other timeframe
• 💻 Platform: MetaTrader 5 (MT5) only – not compatible with MT4
• 📊 RiskPercent: 1.0% (conservative) / 1.5% (balanced) / 2.0% (aggressive)
• 🛑 StopLossPoints: 500 (5 dollar stop loss on Gold)
• 🎯 TakeProfitPoints: 1000 (10 dollar target – 1:2 risk-to-reward)
• 🔄 TrailingStart: 250 pips (activates trail after profit threshold)
• ⚡ TrailingStep: 25 pips (moves stop loss every 25 pips)
• 📈 MaxSpread: 30 points (EA will not trade above this spread)
• 🕒 Trading Hours: 10:00 – 18:00 GMT (London/New York overlap)
• 🔢 MagicNumber: 202408 (unique identifier for EA trades)
• 🏦 Minimum Deposit: $1,000 recommended / $500 absolute minimum
• 🖥️ VPS Required: Yes – for 24/5 uninterrupted operation

✅ Advantages:

• ✔️ Extremely low drawdown – historically under 12-15%
• ✔️ Removes emotional trading – fully automated discipline
• ✔️ Broker-friendly – no high-frequency tick trading or grid abuse
• ✔️ Sleep well at night – only one trade active at any time
• ✔️ Transparent logic – every trade has a clear entry and exit reason
• ✔️ Perfect for busy professionals – set and forget on VPS

❌ Disadvantages:

• ❌ Low trade frequency – may go 2-3 days without any trade
• ❌ Not for small accounts – requires minimum $1,000 for safe operation
• ❌ Misses fast moves – pending orders may not trigger during extreme spikes
• ❌ Requires patience – not suitable for adrenaline-seeking traders
• ❌ H1 timeframe dependency – backtest accuracy relies on clean broker data

🌐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.