Fornax Gold

Introducing Fornax Gold, my new Expert Advisor - Built for XAUUSD / GOLD on the M5 timeframe.
Fornax Gold follows the trend. It reads the market with Bollinger Bands and Moving Averages, then waits for price to reach an Orderblock zone before entering, so every trade has structure behind it. A reliable algorithm handles both the entry and the management of floating minus, keeping the account steady when the market turns.

HOW FORNAX GOLD TRADES

Fornax Gold waits for the market to come to it. It follows the trend, maps Orderblock zones, and enters only when price returns to a zone with the trend behind it, during the most active market hours. Every position opens with a fixed stop loss and take profit, and a trailing stop locks in profit once the trade moves in your favor.

If price moves against a position, a controlled recovery algorithm manages the floating minus and closes the whole basket as soon as it returns to profit. Exposure is capped at a fixed number of positions per side, and no position is ever opened without a stop loss. This is not a grid or martingale system: the lot size never increases within a cycle.



HOW TO USE

1. Purchase and install the EA on MetaTrader 5.
2. Attach it to an XAUUSD (Gold) M5 chart on a hedging account.
3. Allow https://nfs.faireconomy.media in Tools > Options > Expert Advisors > "Allow WebRequest for listed URL" (needed for the news filter).
4. Run it on a 24/7 VPS and monitor it from the on-chart dashboard or push notifications.


SPECIFICATION

- Symbol: XAUUSD / GOLD (any broker suffix: XAUUSD+, XAUUSDm, XAUUSD-ECN, GOLD, GOLD.i, ...)
- Timeframe: M5
- Account type: Hedging
- Minimum deposit: $500 (recommended $1,000 at 0.01 lot)
- Leverage: 1:100 or higher
- Spread: low-spread / ECN broker recommended
- Broker time: any; the EA converts server time automatically


FEATURES

- Trend + zone entries: trades only in the direction of the EMA trend, from fresh supply/demand zones.
- Fixed SL on every trade: $30 stop loss and $40 take profit per 0.01 lot, with a trailing stop.
- Controlled recovery: maximum 3 positions per side, equal lot size, basket exit at break-even plus profit. No martingale.
- Session filter: trades the London - New York hours only and skips the thin Asian session.
- News filter: pauses around high-impact USD news (ForexFactory calendar), configurable minutes before and after.
- Daily loss guard: optional maximum daily loss in percent; trading pauses until the next day when reached.
- Auto lot sizing: risk a fixed percent of balance per trade, or use a manual lot.
- Multi-broker ready: works on 2-digit and 3-digit gold quotes, any symbol suffix, any server time zone.
- On-chart dashboard: account, performance, market and position panel with PAUSE and CLOSE buttons.
- Push notifications: open/close alerts to your MetaTrader mobile app.


INPUT SETTINGS

- Trade Settings: Take Profit, Stop Loss, Trailing Start, Trailing Stop (in units of 0.10 USD), Max Spread, Recovery Order on/off.
- Risk Settings: Auto Lots, Risk %, Manual Lots.
- Time Settings: automatic in live trading; for the Strategy Tester choose your broker's server time model.
- Protection: Max Daily Loss %.
- Alerts: Push Notification.
- News Filter: enable, minutes before/after, currencies, feed URL.
- Chart Theme: Fornax color theme and dashboard on/off.

The default settings are the optimized settings. You do not need to change anything to start.

IMPORTANT

- Past performance in the Strategy Tester does not guarantee future results. Occasional losses are a normal part of trading; the EA is designed for consistent long-term use, not for a single week.
- In the tester the news filter uses a built-in calendar of past high-impact dates; live trading uses the live calendar, so results can differ slightly.
- Start on a demo account or with the minimum lot until you are comfortable with how the EA behaves. Use Auto Lots at 1-2% on real accounts; 3% is aggressive.
- Never run two instances with the same magic number on the same account.

If you have any questions, leave a comment. I respond to every buyer.
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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
Impulse MT5
Simon Reeves
5 (15)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
TitanForge EA MT5
Maxim Kurochkin
5 (8)
TITANFORGE EA MT5 ALGORITHMIC IMPULSE SWING SYSTEM FOR XAUUSD H1 TitanForge EA is an automated trading system developed specifically for Gold on the H1 timeframe. The strategy focuses on directional momentum, volatility expansion and controlled position management. It is designed to wait for selected market conditions rather than remain permanently exposed to the market. No Grid. No Martingale. No uncontrolled averaging. Every position is opened with predefined protection, including a hard Stop
Nebula Cartographer AI EA
Valentina Zhuchkova
5 (1)
GOLD, MAPPED BY AI Map first. Trade second. Nebula Cartographer AI EA is a fully automatic Expert Advisor for XAUUSD on H1 . Before considering an entry, it maps market structure, Premium / Discount zones and liquidity pools. A neural model then evaluates whether the setup meets the confidence threshold. The result is a clear trading process: read the market, qualify the setup, manage the trade. IC MARKETS LIVE MONITORING Follow Nebula's live monitoring on MQL5 and review the account's trading h
GoldenShot
Adam Hrncir
4.31 (32)
10 LICENSES LEFT AT   $ 249  / $ 299  NEXT /   $ 399 final price. The earlier you decide, the less you pay. Check the live signal   /   Read the manual  / Why are the back-test numbers that good - is it real or over-fitted? One shot. One target. Zero recovery. GoldenShot is a single-position gold EA built for controlled, long-term trading. It waits for a qualified setup, takes one clean shot with a real stop loss, and if the idea does not work, it manages the trade instead of rescuing it. No
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Almanac Gold
Wahyu Krisnandi
5 (1)
NOW 7 COPIES LEFT AT 149$ | NEXT 249$  Secure your copy at $149 before the next price increase to $249. LIVE SIGNAL : https://www.mql5.com/en/signals/2387798   BLOG POST:  1. Set Files & Guide : https://www.mql5.com/en/blogs/post/775791 2. Recommended Brokers and Execution Guide : https://www.mql5.com/en/blogs/post/775793   Almanac Gold is a multi-strategy Expert Advisor built exclusively for XAUUSD on MetaTrader 5. An almanac is a table of what happens when. This EA is built the same way:
Gold Constellation is a multi-strategy breakout Expert Advisor for XAUUSD (Gold) on MetaTrader 5. It runs three independent strategies [ Sirius, Castor and Betelgeuse ] each with its own timeframes, entry rules, stop loss, take profit and trailing logic. Every strategy can be switched on or off separately, and every trade is labelled with its strategy in the order comment, so you always know which engine opened it. No martingale. No grid. No averaging down. Every position has a hard stop loss
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