Introduction

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.

Key Features

Fully automated gold trading system
Optimized for XAUUSD on MT5
Trend and momentum-based trading logic
Automatic stop-loss and take-profit placement
Adjustable lot sizing (fixed or percentage-based)
Spread and slippage filtering
Equity and drawdown protection options
Session-based trading control
Multi-timeframe compatibility (if supported)
VPS-ready for stable 24/5 operation

Recommended Settings

Recommended configuration may vary depending on account size and broker conditions, but general guidelines include:

Symbol: XAUUSD
Timeframe: M15 or H1
Risk Per Trade: 0.5%–1.5% (gold is highly volatile)
Lot Mode: Auto lot based on risk percentage
Max Spread: Use a low-spread gold broker
VPS: Strongly recommended for uninterrupted execution

Always forward test on a demo account before going live.

Backtest Result

Backtesting may typically indicate:

Better performance during trending gold market phases
Moderate drawdown under conservative risk settings
Sensitivity to volatility spikes and spread changes
Reduced efficiency during tight consolidation periods

Actual results depend on broker quality and market conditions.

Advantages

Specialized for gold trading
Fully automated execution
Structured risk management
Adjustable input parameters
Compatible with MT5’s faster execution engine
Suitable for intraday or medium-term traders
Reduces emotional trading errors

Disadvantages

Highly sensitive to gold volatility
Drawdowns possible during sudden price spikes
Sensitive to spread and slippage
Requires monitoring despite automation
VPS hosting may add additional cost
No guaranteed profitability

Installation & Setup Guide

Download the Gold Trade PRO EA V1.70 file (.ex5 or .mq5).
Open MetaTrader 5.
Click File → Open Data Folder.
Open the MQL5 folder and then the Experts folder.
Paste the EA file into the Experts folder.
Restart MT5.
Enable Algo Trading from the toolbar.
Open XAUUSD chart and select the recommended timeframe.
Drag the EA from the Navigator panel onto the chart.
Adjust input settings according to your risk preference and click OK.

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.