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GOLD Edge PRO MT5

7 purchases per month

199 USD

Demo downloaded: 1 434

Published: 24 September 2022

Current version: 4.4

GOLD Edge PRO MT5

Name: GOLD Edge PRO MT5
Price: 199.00 USD
Rating: 4.909091 (11 reviews)
Author: Hideki Nakajima

4.91

Experts
Hideki Nakajima
Version: 4.4
Updated: 21 August 2024
Activations: 10

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:

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.
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).
Spread Filter:
If the spread exceeds a set value, trading can be stopped. This helps prevent losses when the spread is large.
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.
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.
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.
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.
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.
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.

User GUIDE: https://www.mql5.com/en/blogs/post/752711
FAQ: https://www.mql5.com/en/blogs/post/757388

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

User GUIDE : https://www.mql5.com/en/blogs/post/752711

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:

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/752711
FAQ: https://www.mql5.com/en/blogs/post/757388

more...

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 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 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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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

499 USD

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

1 699 USD

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

199 USD

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

179 USD

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

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

Filter:

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.

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Parviz Pirooz Nasab 2024.02.22 23:06 #

kamil1983 2023.10.14 08:24 #

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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 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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Reply from developer Hideki Nakajima 2023.09.28 05:06 #

Thank you for your review.

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.

39402

Reply from developer Hideki Nakajima 2023.09.28 05:06 #

Thank you for your review.

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!

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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 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!

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Reply from developer Hideki Nakajima 2023.07.23 16:01 #

Thank you for reviewig. Gratitude. Cheers!

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.

39402

Reply from developer Hideki Nakajima 2023.07.08 19:26 #

Thank you for reviewig. Gratitude.

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 !

39402

Reply from developer Hideki Nakajima 2023.06.20 09:04 #

Thank you for reviewing.

yuttaporn 2023.02.09 22:01 #

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

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Reply from developer Hideki Nakajima 2023.06.20 09:04 #

Thank you for reviewing.

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.

39402

Reply from developer Hideki Nakajima 2023.06.20 09:04 #

Thank you for reviewing.

241

Dany Abou Haidar 2022.12.02 07:57 #

number 1 trading robot

39402

Reply from developer Hideki Nakajima 2022.12.03 10:48 #

Thank you for reviewing.

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