Gold Mining EA MT5
- Experts
- Version: 17.0
- Updated: 26 August 2026
- Activations: 10
Gold Mining EA MT5 is a fully automated multi-strategy expert advisor with intelligent grid recovery, built exclusively for XAUUSD (Gold) . Rather than relying on a single signal or a blind grid, it combines independent signal-based entry strategies with a structured recovery system and multiple layers of risk protection — giving you a disciplined, rules-driven approach to trading Gold around the clock.
KEY FEATURES
1. One-Click Risk Profile System
A simple three-level Risk Preset (Low / Medium / High) automatically configures the entire trading engine — lot risk level, active strategies, and broker preset — in a single selection. Beginners can go live immediately without touching any other setting, while advanced traders can override every parameter individually.
2. Flexible Lot Sizing & Auto Money Management
Three lot sizing modes give full control over position sizing:
- Automatic — lot size scales with account balance using an internal risk multiplier set by the Risk Preset. As your balance grows, exposure grows proportionally and safely.
- Fixed Lot — trades a constant size (default: 0.01) regardless of balance, ideal for conservative manual control.
- Fixed per Balance — assigns a lot size proportional to a configurable balance unit (default: 0.01 lot per $500), keeping risk consistent as equity fluctuates.
3. Entry Filter Stack
Two independent technical filters gate every new signal before a trade is opened:
- EMA Filter — price must be on the correct side of both a fast EMA (default: 50) and a slow EMA (default: 200). Buy and sell directions are evaluated independently, keeping trend alignment strict.
- ADX Filter — the ADX indicator must exceed a minimum level (default: 20) before any entry is allowed. This blocks trades during flat, low-momentum market conditions and ensures the EA only acts in confirmed trending environments.
4. Intelligent Grid Engine
The EA auto-expands positions as price moves against the initial trade, averaging into the move at configurable intervals. A hard cap of maximum 7 open orders acts as a critical safety wall — this limit is intentionally conservative, ensuring total exposure never grows beyond what a $500 account can safely absorb even during extended adverse moves. All positions in a basket close together when a unified take-profit target is reached, locking in profit cleanly across the entire grid.
5. Multi-Layer Drawdown Protection
Three independent safeguards protect the account across different time horizons:
6. Economic News Filter
Connects to a live economic calendar and automatically protects open positions and pending entries around major market events:
- Blocks new trades a configurable number of minutes before high-impact events (default: 15 min)
- Resumes trading a configurable number of minutes after the event passes (default: 15 min)
- Filterable by impact level (High / Medium / Low) and by keyword (NFP, CPI, FOMC, GDP, PCE, PMI, JOLTS, etc.)
- Monitors specific currencies (default: USD)
- Calendar auto-refreshes every N hours (default: every 12 hours)
- Draws vertical lines on the chart at each upcoming news event for visual reference
7. Session & Friday Close Filter
- Automatically stops new entries after a configurable hour on Friday nights (default: 22:00 server time) to avoid weekend gap risk
- Trading direction can be locked to Buy Only, Sell Only, or Both directions per strategy
8. Spread & Slippage Protection
The EA checks live market conditions before every order:
- Max Spread (default: 100 points) — skips entry if current spread is too wide
- Max Slippage (default: 50 points) — rejects execution if price slips beyond the allowed tolerance
Both filters prevent poor fills during volatile or illiquid market conditions.
9. On-Chart Info Panel
A real-time dashboard displays account balance, equity, open P&L, active position count, drawdown status, and news filter state — all visible at a glance without opening any menu. Includes a manual Close All button for instant emergency exit. The panel can be hidden for a clean chart view.
| Parameter | Value |
|---|---|
| Symbol | XAUUSD (Gold) |
| Timeframe | M15 |
| Minimum Capital | $500 per 0.01 base lot |
| Magic Number | 6228 (unique per chart) |
| Minimum Leverage | 1:100 |
Simply run on XAUUSD M15 using default settings with your broker's BacktestGMTOffset. All three risk profile presets can be tested independently to compare performance across Low, Medium, and High configurations.
DISCLAIMER
Trading foreign exchange and CFDs carries a high level of risk and may not be suitable for all investors. Past performance does not guarantee future results. Capital preservation is a core design principle of this EA, but no automated system can eliminate risk entirely. Always test on a demo account before going live, and trade only with capital you can afford to risk.
