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GOLD Edge MT5

4.3

GOLD Edge is a 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.
The recommended set files is 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:

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.

User GUIDE: https://www.mql5.com/en/blogs/post/750375


Reviews 20
mirg guc
72
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

Rene Kaufmann
344
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.

Forex Metadata
16
Forex Metadata 2024.03.10 12:12 
 

A lot of potential, plenty settings to adjust. Testing at the moment, Thank you for let us use such an amazing expert.

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4.5 (10)
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
Quantum Gold Emperor MT5
Bogdan Ion Puscasu
4.88 (24)
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD(GOLD) pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal : Click
Boring Pips MT5
Thi Thu Ha Hoang
4.78 (18)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Euro Dealer
Tajammul Hussain
4.11 (9)
Euro Dealer: Unleash the Power of EUR Trading Prepare to revolutionize your forex trading experience with Euro Dealer, a cutting-edge expert advisor that harnesses the immense potential of EUR currency pairs. This meticulously crafted EA is the product of countless hours of research, development, and rigorous testing, ensuring that you have access to a powerful and reliable tool for your trading arsenal. Euro Dealer specializes in trading seven major EUR pairs, including EURAUD, EURCAD, EURCHF,
GTX Scalper
Vladimir Mametov
4.64 (36)
Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
Big Forex Players MT5
Marzena Maria Szmit
4.78 (37)
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
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GOLD Edge PRO
Hideki Nakajima
4.83 (6)
Gold Edge Pro is an 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. Next price $299 The following features are: A function to automatically calculate the grid interval. This supports various currency pairs. Closes with the "DD Reduce" function when recovery. You can set trailing stop for "GRID trading" and "DD Reduce" function.
GOLD Edge PRO MT5
Hideki Nakajima
4.9 (10)
Gold Edge Pro is an 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. Next price $299 The following features are: A function to automatically calculate the grid interval. This supports various currency pairs. Closes with the "DD Reduce" function when recovery. You can set trailing stop for "GRID trading" and "DD Reduce" function.
GOLD Edge
Hideki Nakajima
4.56 (54)
GOLD Edge is a 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
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
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Ganesha Trend Viewer
Hideki Nakajima
5 (3)
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
FREE
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Trader Slatt
91
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
72
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

Rene Kaufmann
344
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.

namkun994
25
namkun994 2024.03.16 06:12 
 

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

Forex Metadata
16
Forex Metadata 2024.03.10 12:12 
 

A lot of potential, plenty settings to adjust. Testing at the moment, Thank you for let us use such an amazing expert.

Gabor Kovacs
158
Gabor Kovacs 2024.03.05 13:09 
 

Thank you for sharing this EA. I am using it on a standard cent account for 3 months now with the given set files for aud and xau and it makes steady profit. It has small draw down and handles the trades very well. Will put it on an ECN to see if it has a better performance.

Vítor Barrocas
169
Vítor Barrocas 2024.03.02 13:55 
 

Testei com muito bos resumtados em Ouro - 15M. Parabéns e muito obrigado ao desenvolvedor por disponibilizar gratuitamente tanto investimento em tempo e conhecimento.

Betty Jimenez
244
Betty Jimenez 2024.02.12 12:26 
 

by chance I've found this f...ing good Software. After 4 weeks live account and after 1000+ ( feeled ) backtesting, I have found a nice Setup for XAUUSD M5. Backtest from 01.Nov.23 until today +350%, live the last 2 weeks +63%, thanks for this FREE offer

EURUSD M30 is running very smooth, 200-300 USD initial Capital is possible with start 0.01 Lot. Backtest and live is similar

Ana C. Suero D.
18
Ana C. Suero D. 2024.02.05 17:45 
 

Hasta ahora ha tenido muy buenos resultados en las pruebas que estoy haciendo.

Mario Junior Johnson
125
Mario Junior Johnson 2024.01.30 23:54 
 

This EA is super awesome, I am very happy, I would like to contact the creator, to ask the difference between the free version and the paid version.

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2024.01.31 14:07
Thank you for your review.
The differences from the PRO version are written in the FAQ, so please refer to it.
nrhp
227
nrhp 2024.01.13 21:22 
 

IMHO, this is the best free EA for MT5. On a small live account, I have doubled my money in 2 months! Thank you very much Hideki Nakajima!!

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2024.01.31 14:04
Thanks for your review.
vinitrader
55
vinitrader 2024.01.11 20:37 
 

I've been testing it on a Cent account XAUUSD-M15 with very good results. I'm considering escalate to a Pro acc next February.

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2024.01.31 14:03
Thank you for your review.
karo74
24
karo74 2024.01.10 12:50 
 

Great robot, very well constructed. I'm constantly testing it with different settings, but I think it has potential.

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2024.01.31 14:02
Thank you for your review.
Dougal
148
Dougal 2024.01.09 21:57 
 

Using a martingale strategy usually ends in a blown account but it can be fun while it lasts

AHMED NOUR ELDEEN
650
AHMED NOUR ELDEEN 2023.11.24 10:55 
 

The GOLD Edge MT5 Expert shows potential with its grid strategy, multiplier, and RSI indicator, doubling the account deposit in a year. However, caution is advised due to a significant 45% equity drawdown with default setting AUDUSD M5 1500$ . Adding trend-following signal filters could enhance performance and mitigate risks, ensuring a more balanced and sustainable trading approach. Continuous monitoring and refinement are recommended for optimal results. Thanks for the developer for good work.

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2023.11.24 14:01
Thank you for your reviewing.
Muhammad Tariq Rashid Qureshi
29
Muhammad Tariq Rashid Qureshi 2023.11.21 17:57 
 

I REJECTED AS IT DONT HAVE TREND DETECTION

[Deleted] 2023.11.19 18:43 
 

User didn't leave any comment to the rating

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2023.11.19 23:59
Gracias por escribir una reseña
59523568
14
59523568 2023.10.25 11:33 
 

Its not really working. Like it closed my position like 1 time but then like i started losing 100$ and it didnt do anything. Why is it doing like that

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2023.10.25 14:56
If used correctly, everyone can actually use it. We recommend reading the guide before use.
Boitumelo Dikhutswe
37
Boitumelo Dikhutswe 2023.10.24 21:35 
 

Excellent EA, been using it for 5 months now and have made some good money with, always close a month in good bules, I want to reduce the risk though is there a way I can make the EA trade lots in sequence as opposed to 1,3,5,8,13,20, I find this very risky and I am afraid it might tank my account one day, I came close to it once.

My question is how do I deactivate Fibonacci sequence so that the EA trades grid with 1,2,3,4,5,6 etc.

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2023.10.25 15:00
Thank you for your review. You can change the behavior by changing the settings.
We recommend reading the guide.
Mohd Termizi Bin Othman Mohd Termizi
27
 

for me about this robot the way it works not good because gives me a lot of the floating I advise it is better to find a good robot again

Hideki Nakajima
32735
Reply from developer Hideki Nakajima 2023.10.23 13:14
Thanks for your review.
Reply to review
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