Gold Forge
- Experts
-
Rodrigo Arana Garcia
I have a degree in economics and a master's degree in financial markets.
I have been studying the markets for the last 10 years and developing algorithmic techniques for the last 7 years. - Version: 1.0
- Activations: 10
What is Gold Forge?
Gold Forge is a fully automated Expert Advisor for XAUUSD (Gold) on MetaTrader 5. It uses a multi-strategy swing breakout system: the Expert Advisor identifies key structural levels on the chart and places pending stop orders at calculated entry points.
No martingale, no grid, no averaging into losses. Every trade is opened with a defined stop loss and take profit and is then managed by a multi-layer exit system, around the clock and without manual intervention.
Live signal
My personal account using the EA’s default settings: https://www.mql5.com/en/signals/2378317
How it works
Gold Forge continuously scans the XAUUSD chart on the hourly timeframe for significant swing highs and swing lows. Once a valid structure is identified, a buy stop or sell stop order is placed at a calibrated distance from the level. The order is triggered only by an actual breakout; simply touching the price is not enough. This removes weak moves from consideration and enters only on confirmed momentum.
Seven independent strategies run at the same time on the hourly timeframe, each with its own stop loss and take profit, its own trailing system, its own magic number and its own risk weighting.
Features
The seven strategies cover different market conditions, from short intraday breakouts to multi-day swing setups.
The exit system works in several layers. Break even moves the stop loss to the entry price once a defined profit threshold is reached. The trailing stop loss follows the price and secures gains, while the trailing take profit adjusts the target dynamically. A step-based trail additionally allows staged progress of the stop loss. The virtual stop loss closes positions in software, independently of the broker.
A news filter pauses trading before and after the release of the US employment data, and can optionally remove open pending orders or close open positions during that window. Pending orders are also removed outside the broker's trading session and are not restored into a closed market.
Requirements
- Platform: MetaTrader 5
- Symbol: XAUUSD (Gold)
- Chart timeframe: H1
- Minimum balance: 250 USD
- Account type: hedging, ECN or RAW recommended
- Recommended leverage: 1:100 or higher
- Server: a virtual server is strongly recommended
https : // ec . forexprostools . com (remove spaces!) — only if the live calendar is enabled. Not required by default.
https : // www . worldtimeserver . com (remove spaces!) — only if automatic broker GMT detection is enabled. Not required by default.
Setup
Please get in touch once you’ve bought it and I’ll send you the instruction manual.
Attach the Expert Advisor to a single XAUUSD chart on the hourly timeframe and enable automated trading in the terminal. Then choose your risk and the preset you want. Leave the chart open, the Expert Advisor handles the rest. If you have questions about the setup, our support will help you.
Risk warning: Trading gold involves substantial risk. Past results are no guarantee of future results. Trade only with capital you can afford to lose.
