Goblin Golden Greedy EA
- Experts
- Version: 2.50
- Updated: 24 April 2026
- Activations: 5
Welcome to Goblin Golden Greedy EA
There's one creature in the gold market that never sleeps, never fears, and is always hungry — that's the Goblin Golden Greedy. This MT5 Expert Advisor is purpose-built for XAUUSD (Gold), driven by a simple philosophy: greedy in capturing profit, yet agile and intelligent in avoiding catastrophic losses.
Starting with a minimum balance of just $100, this EA is fully operational from day one. No need for massive capital. Give the Goblin $100 and watch it hunt gold for you.
⚙️ How It Works — Multi-Timeframe Confluence Strategy
The Goblin Golden Greedy doesn't rush into the market blindly. It monitors 5 timeframes simultaneously — M1, M5, M15, M30, and H1 — before making any decision. Each timeframe is evaluated based on candles:
✅ Strong Buy — consecutive bullish (green) candles
❌ Strong Sell — consecutive bearish (red) candles
⚪ Moderate — Mixed red and green candles
The EA will only open a position when at least 3 out of 5 timeframes agree on the same direction. The minimum confluence threshold is fully configurable: 2/5, 3/5, 4/5, or all 5/5 for maximum signal strictness. This prevents entries during choppy, unclear market conditions.
🪙 Greedy Goblin Mode — Auto Lot Scaling with Account Growth
This is the signature feature that makes this EA truly "greedy" in the best possible way. When Greedy Goblin Mode is enabled, the EA automatically scales lot size based on your current account balance:
Account BalanceAuto Lot$1000.01 lots$2000.02 lots$3000.03 lots$5000.05 lots$1,0000.10 lots$5,0000.50 lots
As your account grows, so does your position size — proportionally and automatically, with zero manual adjustment required. This is true compounding on autopilot.
🔁 Smart Martingale — Two Modes Available
When a position hits Stop Loss, the Goblin doesn't give up. The Martingale system immediately fires the next trade with an increased lot size, available in two modes:
REVERSE Mode: BUY → SELL → BUY → SELL. Direction flips on every SL hit. Ideal for ranging/choppy market conditions.
ONE WAY Mode: BUY → BUY → BUY or SELL → SELL → SELL. Keeps following one direction until TP is reached. Ideal for strong trending conditions.
Martingale safeguards:
Configurable maximum martingale level (default 4 levels)
Automatic fallback to base lot if margin is insufficient
Automatic reset after Take Profit is hit
Asia-Pacific Session Filter
The EA is optimized for the Asia-Pacific trading session, where gold tends to move with cleaner, more predictable patterns compared to the surprise-filled volatility of London or New York sessions. Session hours are fully configurable to match your broker's server time.
Automatic Daily Target
A wise Goblin knows when to stop. The Daily Target feature allows the robot to:
Automatically stop trading once the daily profit target is reached (e.g. $50/day)
Automatically stop if daily losses exceed the defined limit (e.g. -$5)
This protects the Goblin's hard-earned gains even on a bad day.
Elegant Gold-Themed Dashboard
All critical information is displayed on a beautiful dashboard directly on your chart:
5-timeframe status table (Strong Buy green / Strong Sell red / Moderate white)
Real-time confluence counter
Greedy Mode status + balance + active lot size
Martingale level + mode + last direction
Today's Daily P/L
Session trading status
Last signal & last error
Safety Features & Market Compliance
Built to the strict standards of MQL5 Market Validation:
Margin check before every order
Lot validation (min/max/step/volume limit enforcement)
Pending order limit enforcement
Automatic SL/TP adjustment for SYMBOL_TRADE_STOPS_LEVEL
Historical data availability check before signal evaluation
Full input parameter validation on initialization
Technical Specifications
ParameterDetailPlatformMetaTrader 5Versionv1.03InstrumentXAUUSD (recommended), adaptable to other pairsPrimary TimeframeM1 (with M5, M15, M30, H1 monitoring)Minimum Balance$100Default Base Lot0.01Default Take Profit200 pointsDefault Stop Loss200 points (can be disabled)Account TypeHedging & NettingMagic Number55678
Who Is This EA For?
✔ Traders seeking passive income from gold without watching charts all day
✔ Traders with small capital ($100) who want automatic compounding growth
✔ Traders who prefer a measured multi-timeframe technical approach
✔ Traders who need a reliable daily loss protection system
