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GOLD Edge MT5

4.3

GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs.

This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade.
This EA closes with the "DD Reduce" function when drawing down.
You can set trailing stop for "GRID trading" and "DD Reduce" function.

Additional trades can be made using the panel. These are automatically settled as GRID series.
You can also manually settle all transactions. You can also change Max Trades and Max Lot Size from the panel.

I recommend that you read here first. User GUIDE: https://www.mql5.com/en/blogs/post/750375

DD Reduce function:
It is a function to close the oldest order with bad profit and loss together with the latest profitable order.


Please be sure to read the GUIDE and FAQ before asking questions or using.

There are too many questions about not trading, or only engaging in sell-only or buy-only trades. 
Please make sure to read the FAQ carefully.
(This EA does not trade indiscriminately; it analyzes the market before making trades)

The recommended setfiles are at the bottom of the GUIDE.


I recommend reading the guide describing this EA first. setfile is also here.

Don't use the Setfile I attached in the comment. There is an error, so be sure to download it from the user guide.

Recommendations:

  • Time Frame M5 recommended.
  • AUDUSD:
    Minimum deposit $1500.
  • XAUUSD:
    Minimum deposit $3,000. Lot 0.01. (use .set file "lowrisk").
    Recommended $6000 or more.
  • Other currency pair:
    XAUUSD, AUDUSD  (can also be used on any financial instrument, any pairs. 
Pro Ver automatically fits other currency pairs.(Auto Distance Function))
setfiles is here. User GUIDE: https://www.mql5.com/en/blogs/post/750375


    Settings & Setfiles:

    Read about settings and set files here.  User GUIDE: https://www.mql5.com/en/blogs/post/750375


    FAQ:

    There are too many questions about not trading, or only engaging in sell-only or buy-only trades. 
    Please make sure to read the FAQ carefully.
    (This EA does not trade indiscriminately; it analyzes the market before making trades)

    If you have any questions, please read the guide and FAQ before asking.
    Please ask the question in a message, not a comment.

    Read the user guide & FAQ.





    Reviews 20
    pinuwe
    47
    pinuwe 2024.09.13 13:40 
     

    This bot is worth 5 stars, if there were more I would give more. One thing must not be forgotten: it is free, but you get very good support and that is really very rare. I have been using this bot for a long time and I use it to top up my pocket money every day. I invested a lot of time adapting it to my needs (3 months in the demo) and now it runs every day. I have set it up so that it closes all positions 98% of the time on its own.

    515214
    79
    515214 2024.09.13 11:00 
     

    This is a really good bot with very detailed documentation. Thank you for your work.

    mee6262
    31
    mee6262 2024.09.12 20:19 
     

    good

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    HFT PropFirm EA MT5 is  also known as Green Man due to its distinctive logo by Dilwyn Tng, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Free  Swing Signal Group and Gold Scalping Signal after you have passed a challenge. MT4 Version:  https://www.mql5.com/en/market/product/104871 Passing HFT MT5 Challenge Performance Monitor (not for live account): Broke
    Waka Waka EA MT5
    Valeriia Mishchenko
    4.1 (39)
    EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
    Bitcoin Robot MT5
    Marzena Maria Szmit
    4.43 (40)
    The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
    Gold Mana MT5
    Dilwyn Tng
    4.22 (23)
    Gold Mana   is developed with over a year of intense research and testing. This expert advisor employs multi-timeframe volatility measurements, analyses intentions of market participants and anticipate price movements before they occur with help candlestick patterns, and supply & demand analysis for accurate entries that are highly reactive to market price movements of Gold,   breaking out at critical price levels .  It comes with different risk level settings from Conservative to Aggressive
    Hercules AI
    Aleksandr Chebotaev
    2.6 (30)
    Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
    Parrots Breaker
    Siti Hadijah Lena
    4.67 (3)
    Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
    Dark Algo MT5
    Marco Solito
    5 (51)
    Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
    Daytrade Pro Algo MT5
    Profalgo Limited
    4 (9)
    Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
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    GOLD Edge PRO MT5
    Hideki Nakajima
    4.91 (11)
    Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle
    GOLD Edge PRO
    Hideki Nakajima
    4.83 (6)
    Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle
    GOLD Edge
    Hideki Nakajima
    4.65 (66)
    GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs. This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all transactions
    FREE
    This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) Parameter setting MA Short Period  ----- Moving Average short period MA Long Period   ----- Moving Average long period Alerts ON
    FREE
    Ganesha Trend Viewer
    Hideki Nakajima
    5 (2)
    This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer  is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) MT5 Version here! Parameter setting MA Short Period  ----- Moving Average short period MA Long Period   ----- Moving Average l
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    Genius Edge
    Hideki Nakajima
    Innovative Trading Strategy with Expert Advisor (EA) Developed based on years of expert trading experience, this EA is not just another grid system. Utilizing multi-timeframe analysis with D1 and H1 moving averages, combined with RSI Bollinger Bands, it adeptly captures market trends and identifies prime trading opportunities. This EA chooses safer timing, so the number of trades is significantly less than that of GOLD Edge and GOLD Edge PRO. DD Reduce Function for Assured Risk Management Equ
    Genius Edge MT5
    Hideki Nakajima
    Innovative Trading Strategy with Expert Advisor (EA) Developed based on years of expert trading experience, this EA is not just another grid system. Utilizing multi-timeframe analysis with D1 and H1 moving averages, combined with RSI Bollinger Bands, it adeptly captures market trends and identifies prime trading opportunities. This EA chooses safer timing, so the number of trades is significantly less than that of GOLD Edge and GOLD Edge PRO. DD Reduce Function for Assured Risk Management Equi
    Filter:
    pinuwe
    47
    pinuwe 2024.09.13 13:40 
     

    This bot is worth 5 stars, if there were more I would give more. One thing must not be forgotten: it is free, but you get very good support and that is really very rare. I have been using this bot for a long time and I use it to top up my pocket money every day. I invested a lot of time adapting it to my needs (3 months in the demo) and now it runs every day. I have set it up so that it closes all positions 98% of the time on its own.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:11
    Thank you for your review.
    515214
    79
    515214 2024.09.13 11:00 
     

    This is a really good bot with very detailed documentation. Thank you for your work.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:11
    Thank you for your review.
    mee6262
    31
    mee6262 2024.09.12 20:19 
     

    good

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:11
    Thank you for your review.
    Mrungehalten
    14
    Mrungehalten 2024.09.01 15:45 
     

    Very nice Bot

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:10
    Thank you for your review.
    Willi Bambach
    180
    Willi Bambach 2024.07.30 16:33 
     

    I like that bot a lot. One has to keep in mind that its for free - so you have to adjust the set-file a little bit. Thank you for your generosity Hideki.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:10
    Thank you for your review.
    AnanyaKongsak
    52
    AnanyaKongsak 2024.07.25 17:04 
     

    thanks

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:09
    Thank you for your review.
    BigLeiLei
    63
    BigLeiLei 2024.07.18 17:29 
     

    nice!!

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:07
    Thank you for your review.
    Eddy Bang
    141
    Eddy Bang 2024.07.04 15:18 
     

    Garbage

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.09.14 10:08
    I think you probably misunderstood the guide or FAQ and used it with the wrong interpretation. It's unfortunate.
    Dominus
    31
    Dominus 2024.05.24 13:17 
     

    Thanks for this EA. I used to use a similar strategy in profit trailer to reduce DD/risk. Now that I can't use PT anymore this is a joy to use, compared to normal dumb grid systems.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.05.24 16:49
    Thank you for your review.
    Ramadan Mohamed Ramadan Mohamed
    236
    Ramadan Mohamed Ramadan Mohamed 2024.05.19 10:46 
     

    Great EA . small draw down and big profit

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.05.19 10:58
    Thank you for your review.
    Nicolas Vaillancourt
    18
    Nicolas Vaillancourt 2024.05.12 05:52 
     

    Must be good, but never got it to work. The test worked, but never live. Kept saying Trading stop by user and never found how to fox it.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.05.12 07:45
    It should work without any problems during LIVE. We may not be able to trade depending on market movements, so we would appreciate it if you could check the FAQ and review it again correctly.
    emiliopassoshurtado
    16
    emiliopassoshurtado 2024.05.10 15:27 
     

    thank

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.05.10 15:30
    Thank you for your review.
    Luckyoung Choe
    158
    Luckyoung Choe 2024.05.05 15:55 
     

    Been using this EA for a while now about a month. If you use high lots you will blow your account. You need enough funds in there and run it on low risk. If using high risk then withdraw regularly and be ready to blow your account. Im renting PRO version before i purchase it $30 for 1 month is quite cheap.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.05.05 16:15
    Thank you for your review.
    Seth Tetteh
    1364
    Seth Tetteh 2024.04.25 11:13 
     

    wicked

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.04.25 14:08
    Thank you for your review.
    Eventual Chi
    27
    Eventual Chi 2024.04.19 00:51 
     

    User didn't leave any comment to the rating

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.04.19 04:51
    Thank you for your review.
    handsy clarke
    55
    handsy clarke 2024.04.17 18:10 
     

    User didn't leave any comment to the rating

    Trader Slatt
    105
    Trader Slatt 2024.04.15 17:48 
     

    The writer is a greedy cunning. I gave a tip about Ea. If this EA is set to a daily profit limit option of 10-30 dollars per day, it will become an EA that can be used with small balances throughout life. I told this to the author and he said he will go and put it in the PRO version. Don't use a greedy author's ea.

    mirg guc
    92
    mirg guc 2024.03.28 19:00 
     

    The Trail Stop setting is too small: min 250 why can't I find how to change it because it doesn't work for me?!

    Can you help me please

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.04.18 01:59
    Thank you for your review. Trail stops can be changed. Read the guide. If you don't understand, please private message me.
    Rene Kaufmann
    372
    Rene Kaufmann 2024.03.17 14:19 
     

    Awesome EA!!!! I have it on a live account,( Daerwin X) for about a week 11 trades 11 winners $164 profit. I would love to see what PRO EA can do.

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.04.18 01:57
    Thank you for your review.
    namkun994
    26
    namkun994 2024.03.16 06:12 
     

    The bot operates very well on currency pairs. Can the bot run simultaneously on two currency pairs?

    Hideki Nakajima
    39402
    Reply from developer Hideki Nakajima 2024.04.18 01:55
    Thank you for your review. You can do it by separating the chart and magic number.
    .
    Reply to review
    Version 4.7 2024.07.20
    minor update.
    Version 4.6 2024.05.19
    Minor logic improvements
    Version 4.5 2024.05.03
    Improved trading logic.
    Added explanation to parameters.
    Fixed a few bugs.
    Version 4.4 2024.04.04
    Fixed bug in panel function.
    Version 4.3 2024.04.03
    Fixed a bug where the price display on the panel was not updated.
    Version 4.2 2024.03.31
    Improved default values
    Minor bug fixes
    Version 4.1 2024.03.13
    Removed “Margin Limit” Filter function.
    Instead, it is equipped with a "Minimum Free Margin" Filter function.
    (Free Margin / Accout Balance)% If Free Margin is less than this percentage, no new trades will be executed.
    Version 4.0 2024.03.11
    Fixed a bug where an alert would appear when using the previous setfile.
    Version 3.9 2024.03.09
    Add Margin Limit Filter.
    &fixed some bugs.
    Version 3.8 2023.05.05
    minor update
    Version 3.7 2023.05.01
    minor update
    Version 3.6 2023.05.01
    ・minor logic update.
    ・Added function "Auto Distance by ATR". (PRO only)
    I recommend setting this to "true".
    Version 3.5 2023.04.23
    minor update.
    Version 3.4 2023.04.23
    minor update.
    Version 3.3 2023.02.23
    Change panel layout.
    Improving response of manual operation.
    Version 3.2 2022.11.12
    Fixed a bug that SL and TP could not be set depending on the broker.
    Version 3.1 2022.11.07
    Fixed a bug that TP may not be entered when trading from the panel.
    Version 3.0 2022.11.06
    Fixed several bugs with panels and orders.
    Fixed some customer reports. Thank you dear customer for your report.
    Version 2.9 2022.10.16
    minor update
    Version 2.8 2022.10.15
    Made it possible to change the order comment.
    Version 2.7 2022.10.01
    Fixed bug in manual mode
    Version 2.6 2022.09.29
    Fixed display bug of Non-Trade Time
    Version 2.5 2022.09.24
    minor update.
    Version 2.4 2022.09.23
    Improved the color when pressing the pause button.
    Version 2.3 2022.09.23
    small bug fix.
    miner update.
    Version 2.2 2022.09.05
    Logic improvement
    Version 2.1 2022.08.28
    Added the following parameters.
    ・Stop loss
    ・Trend Reversal Loss Cut
    ・Equity Percent(%) Loss Cut
    Version 2.0 2021.12.11
    - minor updated
    Version 1.9 2021.12.03
    - minor updated
    Version 1.8 2021.11.30
    fixed a little bug
    Version 1.7 2021.11.28
    - Added “Use Time Filter” Parmeter.
    - Added “Day of the week to trade” Parameter.
    Version 1.6 2021.11.26
    - DD reduce Bug Fix.
    - Added “Start Lot Multiply Count” parameter.
    Version 1.5 2021.11.24
    - minor updated
    Version 1.4 2021.11.23
    - minor updated
    Version 1.3 2021.11.20
    Added Parameter
      MA(Moving Average) filter parameter
     & RSI filter parameter
    Version 1.2 2021.11.05
    - optimised parameters
    - minor updated