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GOLD Edge

FREE

Published: 1 November 2021

Current version: 4.5

GOLD Edge

Name: GOLD Edge
Rating: 4.6 (60 reviews)
Author: Hideki Nakajima

4.6

Experts
Hideki Nakajima
Version: 4.5
Updated: 3 May 2024

GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs.

This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade.
This EA closes with the "DD Reduce" function when drawing down.
You can set trailing stop for "GRID trading" and "DD Reduce" function.

Additional trades can be made using the panel. These are automatically settled as GRID series.
You can also manually settle all transactions. You can also change Max Trades and Max Lot Size from the panel.

I recommend that you read here first. User GUIDE: https://www.mql5.com/en/blogs/post/750375

DD Reduce function:
It is a function to close the oldest order with bad profit and loss together with the latest profitable order.

Please be sure to read the GUIDE and FAQ before asking questions or using.

There are too many questions about not trading after installation or updates, or only engaging in sell-only or buy-only trades.
Please make sure to read the FAQ carefully.
(This EA does not trade indiscriminately; it analyzes the market before making trades)

The recommended setfiles are at the bottom of the GUIDE.

User GUIDE: https://www.mql5.com/en/blogs/post/750375
FAQ: https://www.mql5.com/en/blogs/post/757388 (also difference between GOLD Edge and GOLD Edge PRO)

I recommend reading the guide describing this EA first. setfile is also here.

Don't use the Setfile I attached in the comment. There is an error, so be sure to download it from the user guide.

User GUIDE: https://www.mql5.com/en/blogs/post/750375

Recommendations:

Time Frame M5 recommended.
AUDUSD:
Minimum deposit $1500.
XAUUSD:
Minimum deposit $3,000. Lot 0.01. (use .set file "lowrisk").
Recommended $6000 or more.
Other currency pair:
XAUUSD, AUDUSD (can also be used on any financial instrument, any pairs.

Pro Ver automatically fits other currency pairs.(Auto Distance Function))
setfiles is here. User GUIDE: https://www.mql5.com/en/blogs/post/750375

Settings & Setfiles:

Read about settings and set files here. User GUIDE: https://www.mql5.com/en/blogs/post/750375

FAQ:

If you have any questions, please read the guide and FAQ before asking.
Please ask the question in a message, not a comment.

Read the user guide & FAQ.

User GUIDE: https://www.mql5.com/en/blogs/post/750375
FAQ: https://www.mql5.com/en/blogs/post/757388

more...

30574222 2024.05.08 11:27 #

Amazing EA with a sharp strategy, Thank you Hideki very helpfull the best knowledge&support!

vhenry013 2024.05.03 06:11 #

it work good but need to need to explain how to take profit and how to stop loss on the input thanks

niky9191 2024.05.02 11:37 #

hi, why is it that I don't get trades even though I use vps?? I have to marry the timefres to be able to take a position on someone and has it happened? VERRY GOOG

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Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. The following features are: News Filter: The PRO version includes a news filter. During important news announcements, it is recommended to pause trading because unexpected price movements can occur. With the news filter, you can manage this effectively. Daily

199 USD

GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs. This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all transactions

FREE

This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) MT5 Version here! Parameter setting MA Short Period ----- Moving Average short period MA Long Period ----- Moving Average l

FREE

This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) Parameter setting MA Short Period ----- Moving Average short period MA Long Period ----- Moving Average long period Alerts ON

FREE

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30574222 2024.05.08 11:27 #

Amazing EA with a sharp strategy, Thank you Hideki very helpfull the best knowledge&support!

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Reply from developer Hideki Nakajima 2024.05.12 16:05 #

Thank you for your review.

vhenry013 2024.05.03 06:11 #

it work good but need to need to explain how to take profit and how to stop loss on the input thanks

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Reply from developer Hideki Nakajima 2024.05.03 07:52 #

Thank you for your review.　Please read the guide first. then if you have questions please PM me.

niky9191 2024.05.02 11:37 #

hi, why is it that I don't get trades even though I use vps?? I have to marry the timefres to be able to take a position on someone and has it happened? VERRY GOOG

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Reply from developer Hideki Nakajima 2024.05.02 22:34 #

Thank you for your review. I think it's not an EA problem, it's your settings that are the problem. If you have any more questions please PM me, please don't ask in comments or reviews.

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Sylvain Sebastien Frissong 2024.04.23 10:35 #

Un EA polyvalent et utile. Selon moi le créateur de l'EA devrait explorer la possibilité d'avoir des martingale inférieur à 1.5 ou tout du moins trouver la solution pour le permettre. Cela ouvrirait de nouvelle possibilitées pour des stratégies. J'envisage d'acheter la version PRO dans un avenir proche, mais j'avoue qu'il manque cette possibilité de martingale et c'est embêtant.

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Reply from developer Hideki Nakajima 2024.04.23 12:25 #

thank you for your revew.

morn jackie 2024.04.23 09:18 #

Hello Hideki Nakajima , Thank you for your free demo, I do the test run almost one month on XAUUAD, it seem only open "SELL" order, is there something wrong of the setting ?

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Reply from developer Hideki Nakajima 2024.04.23 10:14 #

thank you for your review.
It's normal. The current market movement is making the EA decide to sell. If the market movement changes, we will also make a buy trade. If you look at the recent trends in D1, you can see that with your own eyes. If you have any questions, please PM me.

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ruecha_m 2024.04.22 11:15 #

Having tested on demo account for a month, the result, so far, is promising.

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Reply from developer Hideki Nakajima 2024.04.22 12:09 #

thank you for your revew.

Genry70 Shardakov 2024.04.17 07:55 #

Пробовал разных советников в демо счете ничего хорошего не попадалось, а этот без всякой подгонки, реально, по всем параметрам, без дополнительной подгонки, за три дня дал с $1000 до $3599.0, правда на демо счете, буду собирать депозит на реальный счет, да я тестировал на МТ4 XAUUSD.

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Reply from developer Hideki Nakajima 2024.04.17 08:31 #

Спасибо за ваш отзыв. ценить.

josh5796 2024.03.26 08:19 #

why its not working on MT4, when I click on buy or sell it doesn't open the trade. I am testing on GBPUSD pair. It working fine on MT5

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Reply from developer Hideki Nakajima 2024.03.26 16:03 #

I checked it myself, and MT4 also worked correctly. Are there any mistakes in the settings such as allowing Expert Advisor?

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Zhong Liang Zhao 2024.03.13 14:35 #

I have used several EA before, but many of them are not very perfect. I have used GOLD Edge, which is really perfect. The developer is a very nice person, very meticulous, and it can be seen that the author should also pursue the extreme.

Gursharan Singh 2024.02.29 16:15 #

Good

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Reply from developer Hideki Nakajima 2024.04.17 08:32 #

thank you.

[Deleted] 2024.02.21 02:22 #

User didn't leave any comment to the rating

norman74 2024.02.20 00:20 #

so far it's ok. thx

2329

agrushev777 2024.02.17 17:18 #

User didn't leave any comment to the rating

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Hai Chen Wang 2024.02.15 07:37 #

Thank you for great work, I have use the free version for a month now I have rented the pro for more test in live account , now I have a little question, if the xau setfile in your guide can be used for oil? And except the audusd, there are any other currency pairs are recommended? Thank you for your good job again

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god333 2024.02.12 16:54 #

User didn't leave any comment to the rating

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Romanda Hadi Saputra 2024.02.06 03:02 #

This EA is good, but does it only open Sell positions only? because from the beginning I installed this only sell positions on xauusd. I will give full stars if I am given an explanation and immediately buy the PRO version. thx

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Reply from developer Hideki Nakajima 2024.02.06 05:43 #

EA not only sell but also buy. Trends just happen to be that way.

king zeus 2024.01.20 01:13 #

現在10口座のデモ口座をXAUUSD、EURUSD、USDJPY、ＧＢＰUSD稼働テストしており各証券の様々なスプレッドや約定など適正な資金ロットなどを観察しておりますが、どれも素晴らしい結果でマイエフエックスのフォワードを毎日チェックするのが楽しみです。激しい経済指標も稼働してますが通常のＥＡなどと異なりポジションの処理能力が素晴らしいロジックをデモで皆さん体感してみてください！片側ポジションｔｙｐｅでなく両建ての取引と次回エントリーの値幅間隔と自動でのＴＰが繊細に計算されつくしたＥＡです。実弾も余剰資金と複数口座での稼働でのリスクヘッジと定期的な出金をしてれば万が一のリカバリーもすぐだと思います。リスク強めのロットだと3日でDD80％で見返りは120％！薄めのロットなら日利1～3％ＤＤも10％未満ですがXAUUSDは他の通貨と比べてハイレバ通貨なのでリスクを把握して有料版に切り替えてサブスク支援を皆さんで楽しみましょう！更に素晴らしいEAが開発される期待値や改良version作成のエンジニアさんのモチベーションの為に！両者にウインウインなギブ＆テイクを！無料でここまで素晴らしいＥＡはないので他も比較テストしてみてください　We are currently testing the operation of 10 demo accounts, including XAUUSD, EURUSD, USDJPY, and GBPUSD, and we are observing appropriate fund lots such as various spreads and executions for each security, and all of them have been excellent results. I look forward to checking the forward every day. Although intense economic indicators are also in operation, please take a look at the demo and experience the logic that has excellent position processing ability unlike normal EAs! It is an EA that is not a one-sided position type, but a two-sided trade, the price range interval of the next entry, and automatic TP are carefully calculated. I think that if you have surplus funds, hedge risks by operating multiple accounts, and make regular withdrawals, you will be able to recover quickly in the event of an emergency. If it is a risky lot, the DD will be 80% in 3 days and the return will be 120%! For thin lots, the daily interest rate is 1-3% and the DD is less than 10%, but XAUUSD is a high-leverage currency compared to other currencies, so understand the risks, switch to the paid version, and enjoy subscribing support! For the expected value of developing even more wonderful EAs and for the motivation of engineers who create improved versions! A win-win give and take for both parties! There is no free EA that is as good as this, so please try comparing other EAs as well.

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Reply from developer Hideki Nakajima 2024.01.31 14:21 #

すばらしいレビューをいただき、ありがとうございます。
感謝いたします。

GarryBoyea1 2024.01.15 12:34 #

This EA is the first free EA that I bought and used on MQL5, really surprised by the things it brings, recommended to buy

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Reply from developer Hideki Nakajima 2024.01.31 14:20 #

Thanks for the review. I

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cbarryftmo 2024.01.04 07:52 #

For three days now, I've been employing this EA on a demo platform, yielding impressive outcomes. With an 81% win rate and profits totaling $220.16 using lots at 0.10, the returns are notably favorable given the minimal investment. Although encountering a substantial $176 loss, the subsequent trade compensated for it. If you're interested, I have share the detailed results in the comments section tab. Disregard the Floating P/L since all XAUUSD trades have been closed.

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Reply from developer Hideki Nakajima 2024.01.31 14:19 #

Thank you for your review.

nissota 2023.12.30 19:43 #

Tenho testado alguns Robots, aqui, gratuitos, e alguns deles quebraram minhas contas. Infelizmente não culpo especificamente os Robots, mas minha falta de conhecimento sobre o funcionamento, pois sou leigo, na verdade não tenho conhecimento mesmo, estou demais aprendendo, na medida do possivel, então não posso, atacar nenhum Robot, porque perdi meu dinheiro. Mas isso vai mudar, com certeza, daqui uns meses vou poder avaliar com segurança esses Robots, mas apenas como usuário, investidor. Agora, tenho de comentar sobre esse Robot, OLD EDGE, queé o ultimo que estou em uso, na minha plataforma MT$, na corretora InstaForex, Brasil. Depois de desativar o ultimo Robot, instalei o GOLD EDGE, a principio não estava confiante, achei de iria acabar com o que sobrou de minha conta, mas me enganei, pelo menos até o presente momento, foi diferente do que pensei, na verdade está proporcionando, lucro, pequeno, mas positivo. Já começei a me animar com os Robots. Assim que eu tiver mais informações sobre o andamento da conta vou postar mais detalhes. Por enquanto, robot positivo.

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Reply from developer Hideki Nakajima 2024.01.31 14:18 #

Obrigado pela sua avaliação.

1 2 3 4

Version 4.5 2024.05.03

Improved trading logic.
Added explanation to parameters.
Fixed a few bugs.

Version 4.4 2024.04.04

Fixed bug in panel function.

Version 4.3 2024.04.03

Fixed a bug where the price display on the panel was not updated.

Version 4.2 2024.03.31

Improved default values
Minor bug fixes

Version 4.1 2024.03.13

Removed “Margin Limit” Filter function.
Instead, it is equipped with a "Minimum Free Margin" Filter function.
(Free Margin / Accout Balance)% If Free Margin is less than this percentage, no new trades will be executed.

Version 4.0 2024.03.11

Fixed a bug where an alert would appear when using the previous setfile.

Version 3.9 2024.03.09

Add Margin Limit Filter.
&fixed some bugs.

Version 3.8 2023.05.05

minor update

Version 3.7 2023.05.01

minor update

Version 3.6 2023.05.01

・minor logic update.
・Added function "Auto Distance by ATR". (PRO only)
I recommend setting this to "true".

Version 3.5 2023.04.23

minor update.

Version 3.4 2023.04.23

minor update.

Version 3.3 2023.02.23

Change panel layout.
Improving response of manual operation.

Version 3.2 2022.11.12

Fixed a bug that SL and TP could not be set depending on the broker.

Version 3.1 2022.11.07

Fixed a bug that TP may not be entered when trading from the panel

Version 3.0 2022.11.06

Fixed several bugs with panels and orders.
Fixed some customer reports. Thank you dear customer for your report.

Version 2.9 2022.10.16

minor update

Version 2.8 2022.10.15

Made it possible to change the order comment.

Version 2.7 2022.10.01

Fixed bug in manual mode

Version 2.6 2022.09.29

Fixed display bug of Non-Trade Time

Version 2.5 2022.09.24

minor update.

Version 2.4 2022.09.23

Improved the color when pressing the pause button.

Version 2.3 2022.09.23

small bug fix.
miner update.

Version 2.2 2022.09.05

Logic improvement

Version 2.1 2022.08.28

Added the following parameters.
・Stop loss
・Trend Reversal Loss Cut
・Equity Percent(%) Loss Cut

Version 2.0 2021.12.11

- minor updated

Version 1.8 2021.11.30

fixed a little bug

Version 1.7 2021.11.28

- Added “Use Time Filter” Parmeter.
- Added “Day of the week to trade” Parameter.

Version 1.6 2021.11.26

- DD reduce Bug Fix.
- Added “Start Lot Multiply Count” parameter.

Version 1.5 2021.11.24

- minor updated

Version 1.4 2021.11.23

- minor updated

Version 1.3 2021.11.20

Added Parameter
　 MA(Moving Average) filter parameter
　& RSI filter parameter

Version 1.2 2021.11.05

- optimised parameters
- minor updated

Version 1.1 2021.11.02

Parameter modified.