The Gold Phantom
- Experts
- Profalgo Limited
- Version: 1.4
- Updated: 19 May 2026
- Activations: 10
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WARNING:
- Only a few copies left at current price!
- Final price: 990$
- NEW (from 399$ only): Choose 1 EA for Free! (limited to 2 trade accounts numbers, any of my EAs except UBS)
After the massive success of The Gold Reaper, I'm extremely proud to introduce its powerful brother:
The Gold Phantom, a pure, no-nonsense breakout system built on the same battle-tested engine… but with a complete new bunch of strategies.
Built upon the highly successful foundation of The Gold Reaper, The Gold Phantom takes automated gold trading for a smooth ride.
This EA is engineered to operate simultaneously across multiple timeframes and gives you full control over trade frequency
Ranging from ultra-conservative settings all the way to very intense, volatility-maximizing modes.
The system employs multiple layered confirmation algorithms to pinpoint optimal entry prices while running several complementary strategies internally to effectively diversify and spread risk across trades.
Every position includes a fixed stoploss and takeprofit, enhanced by dynamic trailing stoploss and trailing takeprofit logic, designed to protect capital early and let winners run as far as possible.
The Gold Phantom is built around one of the most reliable and time-tested approaches in trading: breakouts of key support and resistance levels.
Gold (XAUUSD) is an ideal instrument for this strategy thanks to its exceptional volatility and frequent, clean level breaks.
The EA intelligently auto-adjusts both trade frequency and lot sizing according to your account balance and your chosen maximum allowable drawdown, keeping risk aligned with your preferences at all times.
Backtests display remarkably consistent equity growth, tightly controlled drawdowns, and rapid recovery periods after pullbacks.
The system has been rigorously stress-tested over the longest reliable historical data available for Gold, using price feeds from multiple brokers, and it has proven extremely robust under all conditions tested.
What makes The Gold Phantom special?
- Laser-focused on breakouts of major support & resistance levels (the kind that actually matter)
- 9 brand-new, independent trading strategies – never released before (3 Daily strategies are available for the Ultimate Breakout System!)
- Carefully spread across H1, H4 and Daily timeframes → excellent diversification even within one chart
- Every single trade gets a fixed Stop-Loss + intelligent Trailing Stop-Loss right from entry
- Broker & prop firm friendly – works on any MT5 broker, passes prop firm challenges with ease
- Performance in live & backtest conditions very comparable to The Gold Reaper (same DNA, different personality)
- Built directly on the highly advanced Gold Reaper core engine – refined over years of real trading
- Auto-adapts entry and exit algorithms to the ever-changing price of Gold
- Extreme stable in out-of-sample testing
No hype about “neural networks / machine learning / AI / ChatGPT / quantum computing / unrealistically perfect backtests”.
Just a transparent, honest trading system grounded in proven, repeatable methodology suitable for both development and real-money execution.
Backtesting:
Simply run on XAUUSD using default settings, or change the max allowed drawdown to your preference.
You can also change the trade frequency manually to see the different results.
Timeframe: H1
Setup:
Run on XAUUSD and set your trade frequency (automatic by default), and your preferred max allowed drawdown.
Or set the trade frequency manually to your preference.
Run on H1
Absolute minimum balance: 300$ (1000$ or more recommended for optimal trading)
Parameters:
- ShowInfoPanel -> display the information panel on the chart
- Adjustment for Infopanel size -> in case of 4K display, set value to "2"
- update infopanel during testing -> disabled for faster backtesting
- Trade Frequency: allows you to use different setups from the EA, going from very conservative trading frequency to Intense trading frequency. By default, it is set to "auto", which means it will use the account balance, and the Max Allowed Drawdown to determine the trade frequency. When using "StartLots", you MUST set the trade frequency also manually!
- Maximum allowed spread: maximum spread for pending orders to be allowed
- Friday Stop Hour -> if you don't want trades to be hold over the weekend, set a value between 0 and 23. (25 means "disabled)
- SetSL_TP_After_Entry -> enable only if your broker doesn't allow pending orders with SL and TP
- Use Virtual Expiration -> enable only if your broker doesn't allow pending order with expiration date
- Randomization -> this will randomize the entries, exits and TrailingSL values a bit, so that multiple users on the same broker, will have a bit different trades. Also good for prop firms. Good value is "50"
- BaseMagicNumber -> the base magicnumber that will be used for all strategies
- Comment for trades -> the comment to be used for the trades
- Lotsize Calculation Method -> here you determine how the lotsize should be calculated: Manual Lotsize, Max Risk Per Strategy, or use the "Max Allowed Total Drawdown" for easiest setup
- Manual lotsize -> set the value for fixed lotsize, when that option is chosen. This parameter will be used as "minimum lotsize" when using any of the other 2 options for lotsize calculation
- Max Allowed Drawdown -> The prefered maximum allowed total drawdown (in %). The EA will then determine lotsize based on the historical max DD of the EA
- Use Equity instead of Balance -> use Equity of the account to calculate all lotsize values
- OnlyUp -> this will prevent lotsize to decrease after losses (more aggressive but faster recovery after losses)
- AutoGMT -> let the EA calculate the correct GMT offset for your broker, so that the time of NFP will be correct
- GMT_OFFSET_Winter -> for setting the GMT Offset manually in the wintertime (when AutoGMT is off, or during backtesting!)
- GMT_OFFSET_Summer -> for setting the GMT Offset manually in the summertime (when AutoGMT is off, or during backtesting!)
- Use MQL5 Calendar -> this will make the EA use the MQL5 Calendar for checking news events instead of the hardcoded dates
- EnableNFP_Filter -> turn the NFP filter on or off
- NFP_CloseOpenTrades -> force the EA to close all open trades when NFP starts (X minutes before NFP)
- NFP_ClosePendingOrders -> force the EA to delete all pending orders when NFP starts (X minutes before NFP)
- NFP_MinutesBefore -> how many minutes before the NFP event, to close trades and pending orders
- NFP_MinutesAfter -> how many minutes after the NFP event, before the EA resumes trading again
- (Same explanation for other news filters)
- Fake Breakout Filter -> Enable a filter that will try to exit bad breakouts earlier
- Prop Firm Settings: here you can make your trades unique by using the randomizer (value "50" is a good one to use for prop firms), or by manually adjusting some parameters for entry and exit
- Max Daily Drawdown -> Here you can set a maximum allowed daily drawdown (in %). If it is reached, the EA would close all trades and pending orders, and wait for the next day. This is usefull for prop firms
IMPORTANT: For AUTO_GMT TO WORK -> you must add the URL "https : // www . worldtimeserver.com/" (remove spaces!!) to the "allowed URL's" in your MT4/MT5 terminal (tools -> options -> expert advisors)
As the developer with +20 years of experience building automated trading systems, I focus only on approaches that have a realistic chance of performing in live markets the way they do in testing, without curve-fitting or data-mining tricks.
NOTE TO THE GOLD REAPER/GOLDBOT ONE/GOLDTRADE PRO USERS:
Although both EAs trade similar breakout concepts on Gold, the correlation between The Gold Phantom and my other GOLD EAs is actually very low.
Running them together typically delivers significantly stronger overall growth while keeping maximum drawdown roughly the same, or even lower in certain configurations (see example screenshots).
For setup recommendations on running multple GOLD EAs side-by-side, feel free to send me a private message!
Great support, great work!