I’ve pushed some important updates to the EA (stability + logic improvements). Please download and install the latest version to make sure you’re running with the newest fixes and changes.

How to update:
MQL5 → Market → Purchased → Gold-O-matic EA → Update (or re-download), then re-attach it to your chart.

If you have any questions, don't hesitate to reach out to me.

Thank you for your interest in Gold O Matic Multi Timeframe Gold EA.

There is no separate preset package needed, as the recommended settings are already built into the EA by default. You only need to adjust the lot size, risk management, and drawdown management settings according to your account size and preferred risk level.

The EA uses built-in multi-timeframe logic, so the important part is that it is used on XAUUSD/Gold with suitable broker conditions such as spread and execution. The timeframe settings are handled internally by the EA.

A new version has also just been updated to function better under the current economic circumstances and changing gold market conditions. A new risk mode, “Extreme Risk”, has also been added.

The logic has been re-optimized to extract more profit from a wider range of market conditions while still being selective in choosing quality trades. The EA has been optimized to backtest cleanly from the start of 2024 to the present time.

New screenshots have also been uploaded showing the results with the risk mode and lot settings clearly labeled, so you can see which settings were used for each example.

You can download the demo version from the MQL5 Market and backtest it in the MT5 Strategy Tester before purchasing. This allows you to test the built-in settings, risk management, drawdown management, and performance on your broker’s gold symbol conditions.