Gold Sniping

5

GOLD SNIPING

GOLD SNIPING is an automated Expert Advisor designed specifically for XAUUSD (Gold), combining EMA-based entry logic with a flexible grid and basket-profit management system.

The EA automatically manages entries, position sizing, grid spacing, basket closing, trading schedules, and multiple layers of risk protection.

Main Features

EMA-Based Entry

The initial trade is opened according to the position of the current price relative to the selected EMA.

  • Price above EMA: BUY
  • Price below EMA: SELL
  • Configurable EMA Period
  • Configurable EMA Timeframe

The EMA timeframe can be configured according to your preferred trading strategy.

Smart Grid System

After the initial position is opened, the EA can add additional positions when the price moves by the configured Grid Distance.

Before opening a new position, the EA checks existing positions to help avoid unnecessary duplicate entries in the same price area.

The grid system considers:

  • Position type
  • Lot size
  • Existing position price
  • Configured grid distance

Flexible Lot Management

GOLD SNIPING supports two different lot growth methods.

Multiplier Mode:

0.01
0.02
0.04
0.08
0.16
...

Addition Mode:

0.01
0.02
0.03
0.04
0.05
...

The EA also provides a Maximum Lot setting to limit the largest position size.

Basket Profit Target

Instead of managing positions independently, GOLD SNIPING can manage the entire basket as a group.

When the basket reaches the configured profit target, the EA automatically closes all positions in the basket.

Basket Profit Target = $10 Basket reaches +$10 ↓ Close all positions ↓ Start rest period ↓ Wait for the next trading cycle

Risk Management

Maximum Positions

You can limit the maximum number of positions allowed in a basket.

Maximum Positions = 100

Once the maximum number of positions is reached, the EA will not add additional positions to the current basket.

Set the value to 0 to allow unlimited positions.

Maximum Floating Drawdown

You can define a maximum floating loss for the current basket.

Maximum Floating DD = $100

If the floating loss of the current basket reaches the configured limit, the EA closes the basket and stops adding positions.

Set the value to 0 to disable this protection.

Rest Period After Basket Close

After a basket is closed, the EA can wait for a configurable period before starting a new trading cycle.

Rest Time = 5 minutes

For example, if a basket is closed at 10:00, the EA will wait until 10:05 before considering a new trading cycle.

Set the value to 0 to disable the rest period.

Daily Protection

Daily Profit Target

The daily profit target is configured directly in the account currency, making it easy to understand and configure.

Daily Profit Target = $50

Once the configured daily profit target is reached, the EA stops opening new trading cycles for the remainder of the trading day.

Set the value to 0 to disable this feature.

Daily Loss Protection

You can also define a maximum daily loss limit.

Daily Loss Limit = $100

If the account equity falls by the configured amount relative to the beginning of the trading day, the EA activates daily protection and stops trading.

Set the value to 0 to disable this feature.

Trading Schedule

GOLD SNIPING allows you to control when new trading cycles can be started.

  • Start New Cycle Hour
  • Stop New Cycle Hour
  • Friday Stop New Cycle Hour

The Friday setting can be used to prevent the EA from opening a new basket late in the trading week.

These settings control the opening of new cycles. They do not necessarily force an already-running basket to close.

Information Display

The EA provides useful information directly on the chart, including:

  • Balance
  • Equity
  • Basket Profit
  • Number of Positions
  • Net Lot
  • Next Lot
  • Maximum Lot
  • Maximum Drawdown
  • Floating Drawdown
  • Daily Profit
  • Daily Drawdown
  • Daily Trading Status
  • Rest Period
  • New Cycle Status
  • Server Time

Recommended Account & Testing


Important: GOLD SNIPING is a grid-based trading system and can require significant margin during unfavorable market conditions. Please choose your account size and settings carefully.

Cent Account Recommended

For safer testing and smaller account sizes, a Cent Account is strongly recommended.

A Cent Account allows traders to use smaller effective monetary exposure while testing the EA and its settings under real market conditions.

Standard Account

If you use a Standard Account, a significantly larger balance is recommended.

Because GOLD SNIPING uses a grid-based approach and may open multiple positions during an extended market movement, a small Standard Account may not provide sufficient margin to handle the basket safely.

Do not assume that a small Standard Account is suitable simply because the initial lot is small. The required capital can increase significantly as additional positions are opened.

Backtest Before Live Trading

Always perform thorough backtesting before using GOLD SNIPING with real money.

Test different:

  • Account balances
  • Account types
  • Lot settings
  • Grid distances
  • Maximum positions
  • Maximum floating drawdown
  • Market conditions and historical periods

Use a Demo Account First

After backtesting, it is strongly recommended to run the EA on a demo account first before moving to a live account.

This allows you to verify the EA's behavior with your broker, including spread, execution, contract specifications, margin requirements, trading hours, and other broker-specific conditions.

Live Account Monitoring

If you would like to see the EA's performance under real market conditions before using it on your own account, you can contact the developer to request access to a read-only account.

The read-only account allows you to monitor the EA's real trading activity, including open positions, lot sizes, basket performance, drawdown, and overall trading behavior.

The developer uses a Cent Account for live testing and monitoring. However, Cent Accounts cannot be used to create a standard MQL5 Signal, so the account is provided directly to interested users for viewing purposes.

Want to see the results first?
Contact the developer through MQL5 messages to request the current read-only account details.

Please note that past or current trading performance does not guarantee future results. Market conditions can change, and actual results may vary depending on the broker, account type, spread, leverage, execution, and risk settings.

Risk Warning

No Expert Advisor can guarantee profits.

Grid-based trading can experience significant drawdown during strong or prolonged market movements. Increasing the lot size or using a high multiplier can significantly increase both potential profit and potential loss.

GOLD SNIPING provides several risk-management options, but these tools do not eliminate market risk.

Always test the EA thoroughly under your broker's actual trading conditions before using real funds.

Use appropriate risk management and never trade with money you cannot afford to lose.

Key Features

  • EMA-based entry
  • Designed for XAUUSD
  • Configurable EMA timeframe
  • Smart grid system
  • Multiplier or Addition lot mode
  • Maximum Lot control
  • Maximum Positions control
  • Basket Profit Target
  • Maximum Floating Drawdown protection
  • Daily Profit Target
  • Daily Loss Protection
  • Rest period after basket close
  • Trading schedule
  • Friday trading cutoff
  • Real-time chart information
  • Magic Number support
  • Configurable maximum deviation
Reviews 8
Quito_2024
4
Quito_2024 2026.09.09 07:21 
 

Gut

Janine Garrard
138
Janine Garrard 2026.08.20 10:33 
 

Updated - down graded to 4 star. This is still being developed with the developer being exceptionaly responsive to suggestions and has implemented changes very quickly. You need to test this on a demo account to find the settings that fit with your style of trading and risk appetite. Thank you so much for a free EA. I'm not ready to let this one loose without supervision yet, but I can say it's worth the time for a look. Thanks again.

Sorry to have to update this. It needs to be monitored too closely to be an EA. If you are watching the markets and start it on a trend its OK ( it starts instantly) but you have to pause it when markets are not good. It's more assisted trading than an EA. It needs a signal to control when it opens the first trade not just the direction of the EMA.

brako
25
brako 2026.08.20 03:23 
 

I have tried the expert and it has given me very good results in profits. Could you please tell me what minimum deposit is needed to operate it in a real account? Regards.

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Bogdan Ion Puscasu
5 (12)
Experts
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Experts
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Marco Scherer
5 (4)
Experts
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Bogdan Ion Puscasu
4.96 (220)
Experts
Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT4 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT5 and you could get Quantum StarMan for free !*** Ask in private for more details! Rule your trading with precision and discipline. Quantum King EA brings the strength of
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Fajar Dicky Firmansyah
4.5 (8)
Experts
No gimmicks. No empty claims. Silent Exit is crafted for traders focused on a single goal: steady performance.  All Major pairs included:  EURUSD,USDCAD,USDJPY,NZDUSD,USDCHF,AUDUSD,GBPUSD Whether you are pushing through a prop trading challenge or handling client funds, this EA maintains discipline — and produces results. SIGNAL Link: https://www.mql5.com/en/signals/2388541 remember this is a 100k darwinex zero account and i didnt deposit 100k its only for showing live results. How the Stra
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Vladimir Lekhovitser
3.4 (35)
Experts
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Experts
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Experts
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Experts
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Experts
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Experts
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Experts
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Experts
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Quito_2024
4
Quito_2024 2026.09.09 07:21 
 

Gut

FLORENTIN
16
FLORENTIN 2026.09.01 17:58 
 

User didn't leave any comment to the rating

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.09.09 10:10
Please read the product description; this EA bot does not use a Stop Loss (SL).
Ricokamil
32
Ricokamil 2026.08.22 16:41 
 

User didn't leave any comment to the rating

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.08.24 01:46
Dziękuję bardzo za pozytywną opinię! 😊 Cieszę się, że EA dobrze wypadł podczas testów.
Mam nadzieję, że będzie również dobrze sprawdzał się w realnym handlu. Życzę wielu udanych transakcji i wysokich zysków! 🙏
Dziękuję za zaufanie!
Janine Garrard
138
Janine Garrard 2026.08.20 10:33 
 

Updated - down graded to 4 star. This is still being developed with the developer being exceptionaly responsive to suggestions and has implemented changes very quickly. You need to test this on a demo account to find the settings that fit with your style of trading and risk appetite. Thank you so much for a free EA. I'm not ready to let this one loose without supervision yet, but I can say it's worth the time for a look. Thanks again.

Sorry to have to update this. It needs to be monitored too closely to be an EA. If you are watching the markets and start it on a trend its OK ( it starts instantly) but you have to pause it when markets are not good. It's more assisted trading than an EA. It needs a signal to control when it opens the first trade not just the direction of the EMA.

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.08.20 10:38
Thank you so much, Janine, for the amazing 5-star review and for taking the time to share your experience!
I really appreciate your trust and especially your detailed feedback and suggestions. Your comments have been very helpful in improving GOLD SNIPING, and I’m happy that the EA is working well for you.
I completely agree with you about testing on a Demo account first and finding the settings that match each trader’s risk tolerance and trading style. And yes, supervision is still recommended, especially because GOLD SNIPING is a grid-based EA.
I will continue improving the EA and adding useful risk-management features based on real user feedback.
Thank you again for giving GOLD SNIPING a chance. I’m very glad it helped restore some of your faith in EAs!
Happy trading and stay safe!
brako
25
brako 2026.08.20 03:23 
 

I have tried the expert and it has given me very good results in profits. Could you please tell me what minimum deposit is needed to operate it in a real account? Regards.

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.08.20 10:23
Thank you for your great review!
Please use a cent account if your balance is below $100,000.
I mean, we should use a cent account, because even I find this EA suitable for cent accounts.
Doepie01
84
Doepie01 2026.08.19 15:18 
 

Great EA that works. Thanks for making it FREE. Just a problem with Stop/Loss and continuous trading. I left a comment in comment section. Can you please reply there.

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.08.20 10:23
Thank you for your wonderful review, I've already replied in your comment. Wishing you continued success!
TonyMF
16
TonyMF 2026.06.25 17:43 
 

User didn't leave any comment to the rating

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.06.26 15:02
You have to wait for the EA to work, it does not enter orders immediately.
hasan salehy
78
hasan salehy 2026.06.08 03:05 
 

User didn't leave any comment to the rating

Nguyen Chung
44852
Reply from developer Nguyen Chung 2026.06.08 03:08
Thank you so much for the wonderful review! Yes, I'll add that later.
Reply to review