MarketPeckerGOLDV3 EA V1.2 MT5

Introduction

MarketPeckerGOLDV3 EA V1.2 (MT5) is a gold-focused (XAUUSD) automated trading robot designed to find high-probability entries using a rule-based strategy and execute trades hands-free. It’s mainly built for traders who want a semi-stable automated approach on gold with controlled risk and simple setup.

Key Features

• Gold-Optimized Logic (XAUUSD): Tuned specifically for gold’s volatility and movement style.
• Auto Entry + Auto Exit: Opens and closes trades automatically based on internal conditions.
• Risk Management Options: Lot sizing settings (fixed lot / risk-based) for better account control.
• Spread/Market Filter: Avoids entries during bad spreads or unstable market conditions (if enabled).
• One-Chart Setup: Usually runs from a single chart with simple parameter configuration.

Recommended Settings

Symbol: XAUUSD
Timeframe: M15 or H1 (start with H1 if you want fewer trades)
Account Type: Low spread broker, fast execution (VPS recommended)

Risk / Lot (choose one):

• Safe: Fixed lot 0.01 per $1000 balance
• Medium: Fixed lot 0.01 per $500 balance
• Risk mode (if available): 1% per trade (avoid above 2% on gold)

Other common suggestions:

• Max Spread filter: 25–35 points (depends on broker)
• Trading Hours: London + New York sessions preferred
• News Filter: ON (if EA supports it) or manually avoid high-impact news

Backtest Result

Backtest results depend fully on broker data quality, spread, slippage, and settings. So the best practice is:

• Test at least 3–5 years on XAUUSD
• Use 99% quality tick data (or the best available)

• Check these 5 metrics:

1. Net Profit
2. Max Drawdown (try to keep under 20–25% for safety)
3. Profit Factor (ideal 1.3+)
4. Win Rate (not everything, but helpful)
5. Recovery Factor (higher is better)

Advantages

• Good for traders who want automation on gold without manual chart-watching
• Helps remove emotional trading (fear/greed)
• Can be optimized for different risk levels
• Works well with VPS + low spread broker

Disadvantages

• Gold can spike heavily → drawdown can rise if risk is set aggressive
• Performance varies with broker conditions (spread/slippage)
• Needs forward testing on demo/cent before real account
• Over-optimization can make it unstable in live 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.