Gold Beast MT5
- Experts
-
Sindhu Bairavim
Welcome to PipModo 👋
I’m a Technical Architect with 14+ years of experience building reliable, high-quality software solutions. I bring the same structured thinking, attention to detail, and problem-solving mindset to every MQL4 and MQL5 indicator, Expert Advisor, and trading utility I develop. - Version: 1.6
- Updated: 11 September 2026
- Activations: 10
GOLD BEAST MT5 EA
Gold Beast MT5 is an automated grid trading EA built for XAUUSD. Every trade follows a defined strategy with multiple layers of confirmation. It follows a controlled and carefully designed basket-based trading approach.
Only 2 of 5 copies remaining at $89. Next price: $149.
Attach the EA to one XAUUSD H1 chart, load the correct SET file, turn AutoTrading ON, and keep MT5 connected.
Gold Beast does not chase trades. The EA waits for the right market conditions before entering, so some quiet periods are part of the approach.
The EA handles entries, recovery trades, lot sizing, basket profit targets, protection rules, and exits.
Set Files
Download the recommended SET files from the provided link and use them as your starting point.
1. Chart Setup
Symbol: XAUUSD / GOLD
Timeframe: H1
EA: Gold Beast MT5
- Open one XAUUSD H1 chart and attach Gold Beast MT5.
- There is no need to run the EA on several charts or timeframes.
Keep the following active:
- MT5 running
- AutoTrading ON
- Internet connection active
- EA trading permission enabled
For live trading around the clock, a VPS is recommended.
2. Recommended Starting Setup
After downloading the SET files, start with:
Gold Beast MT5 - Balanced Moderate.set file
This SET file is the recommended starting configuration for most users.
Run a backtest with this file first before changing risk, growth speed, recovery, or strategy settings.
Recommended account requirements:
- Minimum leverage: 1:100
- Minimum account deposit: $500
- Recommended account deposit: $1,000
Backtest Gold Beast MT5 with different Account Growth Goal Speed and Automatic Risk Level settings to compare performance, drawdown, and recovery behavior.
Change one option at a time so you can clearly compare how each setting affects profit, drawdown, equity stability, and recovery depth.
3. Trading Logic
Gold Beast includes several internal trading strategies.
The EA monitors the gold market and opens trades when one of its strategies meets the required conditions.
The system handles:
- BUY entries
- SELL entries
- Separate management of internal strategies
- Recovery positions when required
- Recovery trade spacing
- Basket profit targets
- Basket closures
- Spread limits
- Trading condition checks
- Protection rules
Normal trades do not require manual management.
4. Lot Size
Smart Auto Lot is the simplest option for normal use.
When enabled, the EA calculates the trading lot based on your account and selected risk settings.
Avoid manually increasing the lot size while Smart Auto Lot is active.
A larger lot size increases profit potential and drawdown risk.
For a new account, start with the recommended SET file before changing individual settings.
5. Important Settings
Before starting live trading, review these settings:
- Smart Auto Lot
- Risk profile
- Maximum spread
- Slippage
- Growth target settings
- News protection
- Prop Firm Protection
Prop firm features such as visible SL/TP and minimum trade hold time are optional.
Leave them OFF unless your prop firm requires them.
6. Backtesting
News Filter Backtesting (Optional)
Gold Beast MT5 EA comes with a built-in news filter. For the news filter to work during backtesting, you need a news data CSV file. This step is completely optional. I will provide a free Expert Advisor that generates this file for you. Send me a message to get it.
Attach the free EA to your MT5 chart, and it will automatically create the CSV file with the required news data. Once the file is ready, run your Gold Beast EA backtest as usual. Gold Beast will automatically read the news data, so the news filter works properly during the backtest.
Simple setup, no manual news data entry needed.
Main Backtest Settings
Use the MT5 Strategy Tester with these settings:
Expert: Gold Beast MT5
Symbol: XAUUSD
Timeframe: H1
Model: 1 Minute OHLC (For faster) / Every tick based on real ticks
Use your broker's XAUUSD historical data whenever possible.
Test across several years.
Avoid judging performance from only a few weeks or months.
Examine:
- Net profit
- Maximum drawdown
- Number of trades
- Profit factor
- Balance curve
- Equity curve
7. What to Test
Avoid optimizing every input at the same time.
Start with the official or default SET file.
Then test one major area at a time.
Recommended order:
1. Automatic Risk Level
2. Account Growth Goal Speed
3. Prop Firm settings
After each change, compare the new result with the original SET file.
Do not focus only on maximum profit.
Look for:
- Strong long-term performance
- Lower drawdown
- Smooth equity growth
- Survival during difficult gold market periods
- Stable results across different years
8. Before Live Trading
Use this progression:
Backtest → Live account
Avoid changing settings because one short backtest shows higher profit.
Gold Beast is designed to manage the trading process automatically.
Your main responsibilities are choosing a suitable risk level, using reliable broker conditions, keeping MT5 running, and giving the EA enough time to follow its trading logic.

I have been running this EA on my account for around 1 week now on XAUUSD pair. So far, performance has been stable, closely matching developer's backtest data. Pros: -Low and manageable drawdown. -Clear inputs/set files provided by the author. -Developer answers support questions almost instantly (within 24 hours). Cons: None so far, just make sure to run it on a VPS. Highly recommended!