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GOLD Edge PRO MT5

4.91

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 all transactions. You can also change Max Trades and Max Lot Size from the panel.

DD Reduce function:
A function that closes the oldest order and closes it together with the latest order.

The following features are:

  1. News Filter:
    The PRO version includes a news filter. During important news announcements, it is recommended to pause trading because unexpected price movements can occur. With the news filter, you can manage this effectively.
  2. Daily Profit Stop:
    You can set a daily profit target. Once the target is reached, trading for that day stops. This feature is useful when you want to achieve the minimum necessary profit while reducing risk. For example, if you enter “10,” trading will stop when a profit of $10 is reached (the unit is in your account currency).
  3. Spread Filter:
    If the spread exceeds a set value, trading can be stopped. This helps prevent losses when the spread is large.
  4. Non-Trading Days:
    You can designate specific days as non-trading days. This allows you to avoid trading on days with higher risk, such as month-end or month-beginning days. Additionally, if there are open trades remaining on the specified non-trading days, you can choose to close all of them.
  5. Auto Set Distance:
    In GOLD Edge, the “Distance” parameter sets the grid interval. Different currency pairs may require different “Distance” values. GOLD Edge PRO automatically calculates the grid interval, making it suitable for various currency pairs.
  6. Time to Trade (Additional Option):
    In GOLD Edge, you can set trading hours. In the PRO version, if the specified trading hours are exceeded, all open trades at that time can be closed.
  7. Day of the Week to Trade (Additional Option):
    GOLD Edge allows you to specify certain weekdays for trading. In the PRO version, if it’s a designated non-trading day, all open trades at that time can be closed.
  8. Use Candle Filter (Filter ON/OFF):
    The candlestick filter can be disabled. In GOLD Edge, during grid trading, the decision to trade is based not only on the “Distance” interval but also on the candlestick filter for recovery direction. In the PRO version, you can disable this filter (it’s enabled by default). When disabled, grid trading occurs unconditionally when the set distance is reached.
  9. Use Panel(Panel ON/OFF):
    You can toggle the display/hide settings for the panel. Additionally, there are manual buttons on the panel that allow you to change settings. Use these buttons to show or hide the panel as needed.

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 set files is at the bottom of the GUIDE.


I recommend reading the GUIDE describing this EA first. setfile is also here.
To enable the news filter, you need News setting.


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:
    EURUSD, GBPUSD  and  also other Currency pair.(Use the.setfile of the guide)


Settings & Setfiles:

settings and set files here. User GUIDE: https://www.mql5.com/en/blogs/post/752711


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 12
Parviz Pirooz Nasab
115
Parviz Pirooz Nasab 2024.02.22 23:06 
 

I'm grateful to you for this EA and I wanted to advise friends who haven't discovered this expert yet not to miss out on it. I highly recommend it, but with a crucial caveat: Make sure to use the settings provided by the esteemed creator. For instance, if you have less than $1000, try to utilize low-risk settings.

kamil1983
40
kamil1983 2023.10.14 08:24 
 

I made money on the demo version, I have been testing the PRO version since the new week, I am very satisfied with this expert advisor, sometimes it does not open a transaction for several hours, even though there is high liquidity on xauuusd (free version), I hope this problem does not occur on the pro version; ) In 5 days I earned USD 170 on the free version from a deposit of USD 1,500, lot from 0.03 to 0.04, I am very satisfied; )

virajmokadam
58
virajmokadam 2023.09.28 04:54 
 

Hi, Using this EA for a month now. Very good approach for heading and SL. Profits are small but consistent. Today I will buy this and use it ahead. Thanks for the good work Sir.

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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
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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
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
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
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
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
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
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Enrique Enguix
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Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n
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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
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
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Hideki Nakajima
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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
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Hideki Nakajima
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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
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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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Hideki Nakajima
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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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guidocir
41
guidocir 2024.07.01 16:46 
 

Just bought, after some backtest, I'll perform some test in demo account as well because I think it is a great EA. I wonder how to compound earnings to let it be more powerful and flip the account.

Parviz Pirooz Nasab
115
Parviz Pirooz Nasab 2024.02.22 23:06 
 

I'm grateful to you for this EA and I wanted to advise friends who haven't discovered this expert yet not to miss out on it. I highly recommend it, but with a crucial caveat: Make sure to use the settings provided by the esteemed creator. For instance, if you have less than $1000, try to utilize low-risk settings.

kamil1983
40
kamil1983 2023.10.14 08:24 
 

I made money on the demo version, I have been testing the PRO version since the new week, I am very satisfied with this expert advisor, sometimes it does not open a transaction for several hours, even though there is high liquidity on xauuusd (free version), I hope this problem does not occur on the pro version; ) In 5 days I earned USD 170 on the free version from a deposit of USD 1,500, lot from 0.03 to 0.04, I am very satisfied; )

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.10.14 18:47
Thank you for your review. As stated in the FAQ, there are times when the EA does not trade for several hours or days, but this is not a problem because the RSI situation is such that it does not trade.
virajmokadam
58
virajmokadam 2023.09.28 04:54 
 

Hi, Using this EA for a month now. Very good approach for heading and SL. Profits are small but consistent. Today I will buy this and use it ahead. Thanks for the good work Sir.

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.09.28 05:06
Thank you for your review.
Kevan Bruno Max Jacquet
207
Kevan Bruno Max Jacquet 2023.09.27 16:23 
 

This bot is absolutely amazing! After spending around 40 hours on it I arrived at a setting ranging from 20 to 50% monthly profitability... (or even more with a DD of only 22%)! Thanks for your work anyway!! I would like to point out that I am neither a robot nor a friend of the creator, you can take this opinion seriously.

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.09.28 05:06
Thank you for your review.
yoshio.u
79
yoshio.u 2023.09.20 22:48 
 

I think depending on the settings you can make a huge profit. However, what is more important than that is the steadiness of how to generate profits while minimizing losses. This EA has very high stability. It is different from an EA where unrealized losses increase steadily while making profits. The news filter and "DD Reduce" saved me a lot. It may be presumptuous of me, a Japanese person, to say this, but the developer is Japanese. I think the Japanese people are very considerate. EA has been imbued with the compassion of the Japanese people!

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.09.21 00:47
Thank you for your review. And I am grateful that this site is full of caring people from all over the world.
Bryan Emmanuel
23
Bryan Emmanuel 2023.07.23 14:42 
 

Since the start of this year, I've been testing out many popular MQL5 EAs on my live accounts. So far, most of them have not achieved consistent profits as well as Gold Edge. Even for those that do perform well consistently, their risk/reward ratio isn't great. Gold Edge has been the most profitable by far and I've been using the free version for 4 months. Even when there's a huge breakout in the market, Gold Edge managed to "survive" as long as I set the, Minimum Lot Size : Account Balance, recommended by the author. In addition, I increased the stop loss to 30% and it worked out great. I'm buying the Pro version for the news filter in order to prevent further heart attacks during major news events and also to support Hideki Nakajima. Excellent work my friend. Cheers!

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.07.23 16:01
Thank you for reviewig. Gratitude. Cheers!
Yong Chan Kow
251
Yong Chan Kow 2023.07.08 18:47 
 

I have been using Gold Edge for 2 weeks and like it's performance. So I purchased Gold Edge Pro, which has news filter function two days ago. Useful for both Algo trading and as manual trading support tool. So far so good.

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.07.08 19:26
Thank you for reviewig. Gratitude.
TOSHIMT5
47
TOSHIMT5 2023.02.15 10:30 
 

Aluguei para fazer um teste . Em dois dias bateu aproximadamente 100 dólares , minha banca é de 1 k . Por enquanto é nota 10 , top !

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.06.20 09:04
Thank you for reviewing.
yuttaporn
34
yuttaporn 2023.02.09 22:01 
 

It's very good EA.Parameter setting is flexible for many situation.

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.06.20 09:04
Thank you for reviewing.
ZERO9898
1924
ZERO9898 2023.02.04 10:37 
 

Good EA!I It's grid strategy with MTF RSI range filter, flexible to set conservative or aggressive, if alter some parameters. News filter does really work out. Hopefully author could add spread filter, and ADX strength filter, then it'll be even better, to trade on other pairs.

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2023.06.20 09:04
Thank you for reviewing.
Dany Abou Haidar
241
Dany Abou Haidar 2022.12.02 07:57 
 

number 1 trading robot

Hideki Nakajima
39402
Reply from developer Hideki Nakajima 2022.12.03 10:48
Thank you for reviewing.
Reply to review
Version 4.4 2024.08.21
Fixed a hang-up issue when changing the startup frequency or time chart when using ForexFactory.
The initial news download will take 5 to 10 minutes.
Version 4.3 2024.07.20
minor update.
Version 4.2 2024.05.19
Thank you for your review.
Version 4.1 2024.05.08
Fixed a bug where some of the News times were incorrect.
Version 4.0 2024.05.03
I've added a daily Profit Stop as requested by many of you.
Set this parameter to the daily profit stop threshold in account currency.
For example, entering "10" will stop the trade at a profit of $10.
It can be used when you want to make the minimum necessary profit and reduce risk.

Improved trading logic.
Added explanation to parameters.
Fixed a few bugs.
Version 3.9 2024.04.04
Fixed bug in panel function.
Version 3.8 2024.04.03
Fixed a bug where the price display on the panel was not updated.
Version 3.7 2024.03.31
Improved default values
Minor bug fixes
Version 3.6 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 3.5 2024.03.11
Fixed a bug where an alert would appear when using the previous setfile.
Version 3.4 2024.03.09
Added spread filter. Please set true if you want to use it.(Ver3.3)
Add Margin Limit Filter.
Version 3.3 2024.03.09
Added spread filter. Please set true if you want to use it.
& fixed some bugs
Version 3.2 2023.09.18
Supports panel display on/off button and display/hide settings.
Version 3.1 2023.05.05
minor update
Version 3.0 2023.05.04
Fixed the trouble when using MQL5.com in the news source.
Version 2.9 2023.05.01
minor upate
Changed the default of "Auto Set Distance by ATR” to “true"
Version 2.8 2023.05.01
minor update
Version 2.7 2023.05.01
・Added function "Auto Distance by ATR".
I recommend setting this to "true".
・minor logic update.
Version 2.6 2023.05.01
・Added function "Auto Distance by ATR". (PRO only)
I recommend setting this to "true".
・minor logic update.
Version 2.5 2023.04.23
minor update.
Version 2.4 2023.04.23
minor update.
Version 2.3 2023.04.15
MQL5.com's economic indicators News can also be selected.(MQL5 native : Only MT5 Ver.)
When "OnlySymbolNews" is set to “true", other currencies can be set as additional.
Version 2.2 2023.04.10
Fixed News Filter.
Settings need to be changed. Check out our guide.
Version 2.1 2023.04.10
Fixed News Filter.
Settings need to be changed. Check out our guide.
Version 2.0 2023.04.09
Updated how news filters work. Settings need to be changed. Check out our guide.
Enabled the option not to use the candle filter when trading and grid trading. "Use Candle Filter", "Use Candle Filter to GRID".
Version 1.9 2023.02.23
Change panel layout.
Improving response of manual operation.
Version 1.8 2022.11.23
minor update.
Version 1.7 2022.11.12
Fixed a bug that SL and TP could not be set depending on the broker.
Version 1.6 2022.11.07
Fixed several bugs with panels and orders.
Fixed some customer reports. Thank you dear customer for your report.
Version 1.5 2022.10.16
minor update
Version 1.4 2022.10.15
Made it possible to change the order comment.
Version 1.3 2022.10.07
minor update.
Version 1.2 2022.09.29
Fixed display bug of Non-Trade Day
Version 1.1 2022.09.29
Fixed display bug of Non-Trade Time