Introduction

TeleBoy Gold EA V2.3 MT5 is an automated trading system designed specifically for gold (XAUUSD) on the MetaTrader 5 platform. It analyzes gold market movements using algorithm-based logic and executes trades automatically, aiming to capture volatility-driven opportunities while applying structured risk management.

Key Features

Fully automated gold trading system (XAUUSD)
Trend and price action-based strategy
Built-in stop loss and take profit system
Customizable risk and lot size settings
Fast execution optimized for gold volatility
Multi-timeframe compatibility
News and volatility filtering
Backtesting and optimization support

Recommended Settings

Risk Level: 1%–2% per trade (low to moderate risk)
Timeframe: M15 or H1
Instrument: XAUUSD (Gold only)
Lot Size: Small fixed lot or auto lot for beginners
Broker: ECN with low spread
VPS: Recommended for stable performance

Backtest Result

Steady growth in trending gold markets
Moderate drawdown under controlled settings
Reduced performance during unpredictable volatility spikes
Results vary depending on broker conditions and settings

Advantages

Fully automated gold trading
Removes emotional decision-making
Designed specifically for high-volatility market
Fast execution for XAUUSD movements
Customizable risk management
Supports backtesting for optimization

Disadvantages

No guaranteed profits
High risk due to gold volatility
Requires proper setup and optimization
Dependent on stable VPS/internet connection
Performance varies in different market conditions

Installation & Setup Guide

Download EA file (.ex5 format)
Open MT5 → File → Open Data Folder
Go to MQL5 → Experts folder
Paste EA file into folder
Restart MT5 platform
Attach EA to XAUUSD chart
Enable AutoTrading
Adjust risk and lot settings
Monitor performance regularly.

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.