GoldFever MT5
- Experts
- Version: 4.26
- Updated: 10 November 2026
- Activations: 10
Gold Fever: daily breakout trading on gold with controlled risk
Gold Fever is a fully automated Expert Advisor for gold (XAUUSD). Every trading day it reads the key levels of the previous day and places two pending orders: a Buy Stop above and a Sell Stop below. When gold breaks out, the EA is already in the market, with a fixed Stop Loss and Take Profit set on every trade.
Introductory price: 799 USD instead of 1,250 USD
Gold Fever is currently offered at an introductory price of 799 USD, which is 451 USD (36%) below the regular price of 1,250 USD. Buy now and you pay the lower price, get every future update for free, and start trading the full version with all protections and all volume and risk modes right away. The price will increase after the introductory period.
What you get
- The complete Expert Advisor with no locked features: both entry directions, break-even and trailing stops, all five volume and risk modes, and every protection.
- Clear risk instructions in this description, with a worked example, so you can set a safe risk in a minute.
- All future updates for free.
- 10 activations, enough for a reinstall, a new computer or a VPS.
- Support from the author in the product comments and by private message on MQL5.
Why traders choose Gold Fever
- No martingale, no grid, no averaging. Every trade is independent and has its own Stop Loss and Take Profit.
- Smart break-even. The stop moves to a profit and already includes the current spread and commission, so a protected trade is not closed at a loss because of trading costs.
- Trailing stop. It follows the price and locks in profit when a strong move develops.
- Built-in protections. Maximum lot size, a pause after a series of losing trades, a daily loss limit, a delay after the market opens, and a spread filter.
- Any broker. It works on the gold symbol of any broker: XAUUSD, GOLD, and names with prefixes or suffixes.
- Dashboard. The chart panel shows the levels, orders, spread, daily result and trading status.
How it trades
- At the start of each day the EA removes its own old pending orders.
- It takes the levels of the previous trading day: fractals on the timeframe you choose, or the daily High and Low.
- It places a Buy Stop above the upper level and a Sell Stop below the lower level, with an entry buffer. Long and short entries can be switched on and off separately.
- Open trades are managed by break-even and trailing stops.
Backtest
XAUUSD, H1, January 2025 to November 2026, every tick based on real ticks (98% history quality), initial deposit 10,000 USD, risk 1% per trade (Distance = 0), maximum lot 50.
- Net profit: 10,097 USD (+101%)
- Profit factor: 2.30, recovery factor: 10.1
- Maximal drawdown: 4.18% by balance, 4.98% by equity
- 403 trades, 82% profitable, at most 3 losing trades in a row
Backtest results do not guarantee future results. Gold is volatile and losing series are normal.
Default settings, risk and deposit
The default settings are the tested configuration: Volume mode = Risk % of balance, Risk per order = 1, Distance used to size the risk = 0, maximum lot 50. The backtest above was made with exactly these values, so you get the same behavior out of the box. With distance 0 the lot is calculated from the Stop Loss, so a stopped-out trade loses about 1% of the balance.
Example: balance 10,000 USD, risk 1% = 100 USD. With a Stop Loss of 2,000 points, the EA opens about 0.05 lot, and a stopped trade loses about 100 USD.
You can raise or lower the risk with Risk per order. Other volume modes: fixed lot, percent of equity, fixed money per trade, and a balance lot that grows with the account. A higher risk means higher profit potential and deeper drawdowns.
Deposit. Recommended: from 2,000 USD. Minimum: about 1,000 USD, where the minimum lot of 0.01 already risks about 2% per trade (about 20 USD at the default Stop Loss). The backtest used a 10,000 USD deposit; on small accounts results will differ because the lot is rounded to 0.01.
Recommendations
Use XAUUSD on the H1 chart, a broker with low spread, and a VPS. Test on a demo account first. A MetaTrader 4 version is also available.
Support: please write in the product comments or by private message on MQL5.
Risk warning
Trading gold and other leveraged instruments carries a high risk of loss. Past results do not guarantee future results. Trade only with money you can afford to lose.
