
Description
INTRODUCTION
My AI Gold Source Code V1.62 MQ5 is a fully automated Expert Advisor designed exclusively for MetaTrader 5. It focuses on XAUUSD (Gold) trading and uses custom neural-network models for pattern recognition. The system places strict stop-loss and take-profit on every trade, follows a claimed 1:2 risk-to-reward structure, and avoids martingale, grid, or averaging methods. Traders receive the MQ5 source code in selected distributions, allowing inspection or modification of the logic.
Key Features
- MetaTrader 5 only with MQ5 source code available in some versions
- Trades XAUUSD (Gold) exclusively
- Custom neural-network pattern recognition for gold
- Fully automated entry, management, and exit
- Strict stop-loss and take-profit on every trade
- Stated 1:2 risk-to-reward design
- No martingale, no grid, no averaging
- Selectable risk profiles (low, normal, high, and prop-firm sets)
- Plug-and-play setup – attach and choose risk level
- Prop-firm oriented with dedicated set files
Recommended Settings
Pair: XAUUSD (Gold only)
Timeframe: H1 (recommended)
Attach the EA to an XAUUSD H1 chart, load the matching risk-profile set file (low / normal / high / prop), and enable automated trading. Minimum deposit suggestions from the developer: around $1,000 for normal risk, $2,000+ for lower risk. Use a reliable VPS for continuous operation. Always test thoroughly on a demo account with your broker’s conditions before going live.
Advantages
- Focused single-instrument approach on gold
- Defined risk with hard stops on every position
- No dangerous recovery techniques
- Selectable risk profiles for different account sizes
- Source-code access in certain distributions for transparency
- Simple installation and operation
- Prop-firm friendly design
Disadvantages
- Limited to XAUUSD only – no multi-pair support
- MT5 exclusive – not available for MT4
- Performance depends heavily on chosen risk profile and market conditions
- Requires multi-month evaluation period as results can vary month to month
- Neural-network claims are developer-stated and not independently audited
- Smaller accounts face higher relative risk
- Needs proper testing and monitoring; not a set-and-forget guaranteed system
Support & Disclaimer
Support:
If you need help installing 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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