Description
<h3>Introduction</h3>
<p>Gold Trade PRO EA V1.70 MT5 is an automated trading system developed for the MetaTrader 5 platform, specifically designed for trading gold (XAUUSD). The EA focuses on identifying structured trading opportunities in the gold market using predefined algorithmic logic. It aims to provide disciplined execution, structured risk management, and consistent trade handling while minimizing emotional trading decisions.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated gold trading system</li>
<li>Optimized for XAUUSD on MT5</li>
<li>Trend and momentum-based trading logic</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread and slippage filtering</li>
<li>Equity and drawdown protection options</li>
<li>Session-based trading control</li>
<li>Multi-timeframe compatibility (if supported)</li>
<li>VPS-ready for stable 24/5 operation</li>
</ul>
<h3>Recommended Settings</h3>
<p>Recommended configuration may vary depending on account size and broker conditions, but general guidelines include:</p>
<ul>
<li>Symbol: XAUUSD</li>
<li>Timeframe: M15 or H1</li>
<li>Risk Per Trade: 0.5%–1.5% (gold is highly volatile)</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Max Spread: Use a low-spread gold broker</li>
<li>VPS: Strongly recommended for uninterrupted execution</li>
</ul>
<p>Always forward test on a demo account before going live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically indicate:</p>
<ul>
<li>Better performance during trending gold market phases</li>
<li>Moderate drawdown under conservative risk settings</li>
<li>Sensitivity to volatility spikes and spread changes</li>
<li>Reduced efficiency during tight consolidation periods</li>
</ul>
<p>Actual results depend on broker quality and market conditions.</p>
<h3>Advantages</h3>
<ul>
<li>Specialized for gold trading</li>
<li>Fully automated execution</li>
<li>Structured risk management</li>
<li>Adjustable input parameters</li>
<li>Compatible with MT5’s faster execution engine</li>
<li>Suitable for intraday or medium-term traders</li>
<li>Reduces emotional trading errors</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Highly sensitive to gold volatility</li>
<li>Drawdowns possible during sudden price spikes</li>
<li>Sensitive to spread and slippage</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Gold Trade PRO EA V1.70 file (.ex5 or .mq5).</p>
</li>
<li>
<p>Open MetaTrader 5.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL5 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT5.</p>
</li>
<li>
<p>Enable Algo Trading from the toolbar.</p>
</li>
<li>
<p>Open XAUUSD chart and select the recommended timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>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.</p>
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