Introduction

Golden Surfer EA V1.3 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to follow a structured trend-based strategy combined with predefined risk management rules. The system aims to remove emotional decision-making by executing trades automatically according to programmed logic. With built-in capital protection tools, it focuses on balanced growth rather than aggressive high-risk trading.

Key Features

Fully automated trade execution
Trend-following strategy logic
Built-in stop loss and take profit
Adjustable risk percentage or fixed lot size
Break-even protection feature
Trailing stop functionality
Spread filter for cost control
Drawdown protection mechanism
Compatible with MT5 advanced backtesting

Recommended Settings (Conservative Setup)

Risk per trade: 1% to 2%
Enable break-even feature
Enable trailing stop
Enable spread filter
Set daily drawdown protection
Use low to moderate leverage
Run on recommended pair and timeframe
Use VPS for stable execution

Backtest Result

Backtest performance varies depending on broker data and settings. Under conservative risk configuration, typical expectations may include:

Moderate monthly returns
Controlled drawdown levels
Stable equity growth
Profit factor generally above 1.3 (data dependent)

Advantages

Removes emotional trading decisions
Structured trend-based logic
Strong built-in risk management
Adjustable settings for flexibility
Suitable for busy traders
Designed for MT5 performance optimization

Disadvantages

Performance depends on market conditions
Moderate growth potential under conservative risk
Sensitive to broker spread and slippage
No guaranteed profits
Requires proper configuration and monitoring

Installation & Setup Guide

Download the .ex5 file.
Open MetaTrader 5.
Click File → Open Data Folder.
Navigate to MQL5 → Experts.
Paste the EA file into the Experts folder.
Restart MT5.
Enable Algo Trading.
Open the recommended currency pair and timeframe.
Attach the EA from the Navigator panel.
Configure risk and protection settings.
Allow Algo Trading permissions.
Confirm the EA is running properly.

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.