Gold Star Pro EA

⭐ GoldStar Pro EA

Setup Guide & User Documentation (MetaTrader 5)

📌 Overview

GoldStar Pro is an advanced MetaTrader 5 Expert Advisor (EA) designed for structured, risk-controlled automated trading.

🔹 Core Features

  • Smart Trailing Stop System

  • Breakeven Protection

  • High-Impact News Avoidance Filter

  • Advanced Pattern Recognition Engine

  • Compound Risk Management (Balance-Based Position Sizing)

  • Emergency Drawdown Protection

🛠 Installation Guide

Step 1 – Install the EA File

  1. Open MetaTrader 5

  2. Click File → Open Data Folder

  3. Navigate to:

    MQL5 → Experts

  4. Copy GoldStar_Pro_EA.mq5 into this folder

Step 2 – Compile the EA

  1. Press F4 to open MetaEditor

  2. Locate GoldStar_Pro_EA.mq5 in Navigator

  3. Double-click to open

  4. Press F7 to compile

  5. Confirm “0 Errors” in the log

Step 3 – Attach to Chart

  1. Open a chart

    • Recommended: XAUUSD (Gold)

    • Recommended timeframe: H1

  2. Open Navigator → Expert Advisors

  3. Drag GoldStar_Pro_EA onto chart

  4. Adjust input settings

  5. Click OK

Step 4 – Enable Algo Trading

  1. Click AutoTrading button (must be green)

  2. Confirm smiley face appears in top-right corner of chart

⚙ Input Parameters Explained

🔹 Risk Management

Parameter Description
RiskPercent % of account balance risked per trade
MaxDrawdownPercent Emergency stop level (closes all trades if exceeded)
MaxDailyTrades Maximum trades allowed per day
MinRiskAmount Minimum dollar risk per trade

🔹 Trailing Stop & Breakeven

Parameter Description
EnableTrailingStop Enables trailing stop
TrailingStopPips Distance between price and trailing stop
TrailingStepPips Minimum movement before trail updates
TrailingStartPips Profit required before trailing activates
UseBreakeven Moves stop to entry before trailing
BreakevenPips Profit required to trigger breakeven
BreakevenPlusPips Extra pips added above entry

🔹 News Filter

Prevents trading during economic news events.

Parameter Description
EnableNewsFilter Turns news filtering on/off
HighImpactBuffer Minutes before/after high-impact news
MediumImpactBuffer Buffer for medium-impact events
LowImpactBuffer Buffer for low-impact events

🔹 Pattern Recognition

GoldStar Pro scans for:

  • Triangle Breakouts

  • Flag Continuations

  • Double Bottom / Double Top

  • Support & Resistance Breakouts

Parameter Description
PatternLookback Number of bars used for analysis

🔹 Trading Sessions

Parameter Description
StartTime Trading session start (server time)
EndTime Trading session end
AvoidWeekends Disables trading on weekends

🔹 Display Settings

Parameter Description
ShowInfo Shows info panel on chart
ShowNews Displays news events
InfoXPos Horizontal position of panel
InfoYPos Vertical position of panel
📊 How the EA Works

1️⃣ Trade Entry Logic

Triangle Breakout

  • Detects contracting price structure

  • Enters on breakout confirmation

Flag Continuation

  • Identifies trend + consolidation

  • Enters in trend direction

Double Bottom / Top

  • Detects reversal structure

  • Enters after confirmation break

Support / Resistance Breakout

  • Identifies key price levels

  • Enters on strong momentum break

2️⃣ Position Sizing Formula

Risk Amount = Account Balance × (RiskPercent / 100) Position Size = Risk Amount / (Stop Distance × Pip Value)

This ensures:

  • Compounded growth

  • Controlled exposure

  • Consistent percentage risk

3️⃣ Trade Management Flow

Trade Opens ↓ Price moves in profit ↓ BreakevenPips reached → Stop moves to entry + buffer ↓ TrailingStartPips reached → Trailing activates ↓ Price continues → Stop follows at defined distance ↓ Price reverses → Stop hit → Profit secured

4️⃣ Emergency Protection

If drawdown exceeds MaxDrawdownPercent:

  • All open trades close immediately

  • EA pauses trading

  • Alert notification triggered

Account ($1,000 – $10,000)

RiskPercent: 1 MaxDailyTrades: 8 TrailingStopPips: 30 BreakevenPips: 15

Large Account ($10,000+)

RiskPercent: 0.5 – 1 MaxDailyTrades: 10 TrailingStopPips: 30 BreakevenPips: 15

🚀 Optimized Settings (Improved Risk:Reward)

=== RISK MANAGEMENT === RiskPercent: 1 MaxDrawdownPercent: 10 MaxDailyTrades: 6 === TRAILING STOP === TrailingStopPips: 15 TrailingStepPips: 5 TrailingStartPips: 10 BreakevenPips: 8 BreakevenPlusPips: 2 === TRADING SESSION === StartTime: 07:00 EndTime: 16:00

🛑 Troubleshooting

EA Not Trading

  • Check AutoTrading is enabled

  • Verify session time settings

  • Confirm news filter not blocking

  • Ensure MaxDailyTrades not reached

No Smiley Face

  • Right-click chart → Expert Advisors → Allow Algo Trading

  • Tools → Options → Expert Advisors → Enable all boxes

Compilation Errors

  • Update MT5 to latest version

  • Ensure file is in:

        MQL5 → Experts
📌 Best Use Conditions

  • Recommended Timeframes: H1, H4

  • Recommended Instruments: XAUUSD, Major Forex Pairs

  • Recommended Broker: ECN/STP with low spreads

⚠ Risk Warning

Trading Forex and CFDs carries substantial risk.
Past performance does not guarantee future results.

Trade responsibly and only risk capital you can afford to lose.

🗂 Version History

v1.00 – Initial release with full feature set

📞 Support

If issues occur:

  1. Check MT5 “Experts” tab for errors

  2. Confirm input parameters are correctly configured

  3. Verify broker compatibility

GoldStar Pro EA — Trade Smart. Protect Capital. Scale Consistently. ⭐


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Scalping Index Pro is a professional trading system designed specifically for fast and precise scalping on US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic trading wit
The Gold Space
Ayush V Jain
5 (6)
Experts
LIVE SIGNAL REACHED NEW HIGH Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Join telegram group   https://t.me/+UaALtDiYMb4xYTk1 Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 5, this EA capitalizes on high-probability volatility expansions using a precise,
Gold Bomb
Aleksandr Makarov
5 (1)
Experts
If you are reading this message - you have found the grail in the market!!! The advisor is based on my   Author's indicators . No   AI   or any other nonsense. Only a combination of indicators, levels and price action. Does not use dangerous trading methods, works on   XAUUSD M1  and with currency pairs! Always sets   Stop Loss   and   Take Profit . Real signal: https://www.mql5.com/en/signals/2388322 Be sure to contact me after purchase and send me your trading account number to activate the ad
Gold Snap
Chen Jia Qi
4.57 (23)
Experts
Gold Snap — A Fast Profit Capture System for Gold Gold Snap v2.1 launch offer: the first 10(7 left) unlimited licenses are $599 with a free internal EA, ending in 7 days or when sold out (regular price $999). Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Live Signal 3: https://www.mql5.com/en/signals/2379945 Important: After purchase, please contact us via MQL5 private message to receive the user guide, recommended settings, install
SomaGold
Andrii Soma
5 (10)
Experts
SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
Swing Forge Gold
Hanzla Khalil
5 (4)
Experts
SwingForge Gold MT5 — Multi-Zone Breakout Engine 4 Copies left then the price will be increased to: $299 — Current Price: $249 If you’ve traded Gold (XAUUSD), you already know the problem: most automated EAs rely on dangerous grids, martingale, or cost-averaging that look great until one big trend wipes out the account. SwingForge Gold was built on the opposite philosophy: strict risk management and pure price action. It trades confirmed swing breakouts using pending stop orders. Every sin
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.57 (23)
Experts
ONE-WEEK PROMOTION (6–13 SEPTEMBER): $549 — Regular price: $649 If you value honesty and a real trading system built for live trading, not just a perfect-looking straight-line backtest that can end up blowing your account, then this might be for you. No Martingale / No Grid 22 Months Live Signal +300% Live Growth [Live Signal]  |  [FTMO Results]  |  [Main Portfolio]  |  [Backtest Guide] Why Range Breakout EA is so Stable ? Range Breakout EA is based on a well-known market behaviour: changes in
Aura Gold Pro Edition
Stanislav Tomilov
5 (2)
Experts
Built to dominate the gold market. Official Information Seller profile Official channel User Guide LIMITED PRICE — $799 Aura Gold Pro Edition is available for $799 until the end of September . Starting October 1 , the price will increase to $999 — secure your copy before the price goes up. Live Trading Signals  Roboforex https://www.mql5.com/en/signals/2366593 FPMarkets https://www.mql5.com/en/signals/2358523 ICTrading https://www.mql5.com/en/signals/2380859 Description Aura Gold PRO Edition is
The Gold Phantom
Profalgo Limited
4.7 (44)
Experts
PROP FIRM READY!  --> DOWNLOAD ALL SET FILES WARNING: Only a few copies left at current price! Final price: 990$ NEW (from 399$ only) : Choose 1 EA for Free! (limited to 2 trade accounts numbers, any of my EAs except UBS) Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here Live Signal Live Signal 2 !! THE GOLD PHANTOM IS HERE !! After the massive success of The Gold Reaper, I'm extremely proud to introduce its powerful brother: The Gold Phantom , a pure, no-nonsense breako
Atherion Zenith AI EA
Valentina Zhuchkova
Experts
AETHERION ZENITH AI EA The Evolution of Precision Gold Automation Public live signal for real-time monitoring: https://www.mql5.com/ru/signals/2381671 Limited Launch Offer The first 7 copies are available for only $259 . Once these copies are sold, the price will increase immediately by $100 — to $359 . This introductory offer is intended for traders who want to join Aetherion Zenith AI EA at the earliest stage and follow the evolution of the system through public live monitoring from the beginn
De Moore
Benicanoko
5 (2)
Experts
Now $399 — Only 10 Copies Available Secure your copy at $399 before the next price increase to $599. DeMoore Expert Advisor is a high-precision scalping Expert Advisor developed exclusively for XAUUSD (Gold) on the M5 timeframe. The De Moore Expert Advisor performs market analysis based on trend-following and price action concepts. The analysis is also based on multi-timeframe analysis. Live Signal        My Setfile on ICM How De Moore EA Works for You Buy the EA on MQL5 Market Install on MetaTr
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