Goldjager
- Experts
- Version: 1.4
- Activations: 15
| Important Information About the Martingale System |
|---|
Goldjager uses a progressive lot-sizing recovery strategy. This means that when the market moves against an open basket, the EA may add positions at grid intervals with larger lot sizes.
This strategy can perform well during ranging or mean-reverting market conditions because additional positions can improve the average entry price.
However, it also carries significant risk.
During a strong, sustained trend, the EA may continue building exposure while the market moves against the basket. Because each recovery level uses a larger lot size, margin usage and floating drawdown can increase rapidly.
The strategy should therefore be evaluated based on:
- Maximum floating drawdown
- Maximum margin/deposit load
- Maximum basket volume
- Number of grid levels reached
- Broker volume limits
- Margin requirements
- Performance during strong trending markets
- Performance during gaps and high-volatility events
The EA contains protections and limits, but these do not eliminate martingale risk. A broker volume limit can also prevent further recovery levels from being opened, leaving the remaining basket exposed without additional averaging capacity.
DisclaimerTrading involves substantial risk and is not suitable for every investor.
Goldjager EA uses a grid and martingale-style recovery system. These strategies can result in significant floating drawdown, increased margin requirements, and potentially rapid losses during strong or prolonged market movements.
Past performance, backtests, optimization results, and historical simulations do not guarantee future results. Market conditions can change, spreads can widen, execution can differ, slippage can occur, and gaps or unexpected events may cause losses that differ significantly from testing results.
The built-in equity stop, news filter, spread filter, session filter, deposit-load controls, broker volume checks, and other risk-management features are designed to provide additional controls, but they cannot guarantee protection from losses or prevent account drawdown.
Users are strongly advised to:
- Test the EA extensively in the MetaTrader Strategy Tester.
- Perform forward testing on a demo account.
- Understand how the grid and martingale system works before using real funds.
- Use a starting lot size appropriate for their account balance and risk tolerance.
- Monitor margin usage and floating drawdown.
- Verify broker-specific conditions, including leverage, minimum and maximum volume, volume limits, spreads, commissions, and execution.
- Never trade with money they cannot afford to lose.
The developer and seller do not guarantee profits or protection against losses. By purchasing and using this Expert Advisor, the user accepts full responsibility for all trading decisions and financial outcomes.
Recommended SettingsThe following configuration is intended as a starting point for testing and optimization. Actual performance and required capital can vary depending on broker conditions, leverage, spread, execution, account type, and risk tolerance.
| Setting | Recommendation |
|---|---|
| Symbol | XAUUSD (Gold) |
| Timeframe | M5 |
| Account Type | Hedging |
| Best Sessions | London / New York |
| Suggested Deposit | $500–$10,000+ depending on risk settings, leverage and broker conditions |
| Broker Type | XM or a comparable broker with suitable XAUUSD trading conditions |
| Recommended Leverage | 1:100–1:1000, depending on risk management and broker availability |
| Starting Lot | 0.01 for initial testing |
| Signal Preset | Signal 1 |
| Trading Direction | Buy & Sell |
| Trading Hours | 07:00–21:00 server time |
| Friday Close | Enabled |
| News Filter | Recommended for live trading |
| Equity Protection | Recommended |
| Curve Fitting / Compounding | OFF initially |
Important
Goldjager is designed around a grid/martingale recovery mechanism, so account size and leverage should always be considered together with the selected starting lot and maximum exposure.
A higher leverage ratio does not make the strategy safer. It mainly changes the margin required to maintain a given position size. The primary risk comes from the increasing position volume as the grid expands.
For this reason, users should start with a small lot size, perform extensive backtesting and forward testing, and monitor floating drawdown, margin usage, deposit load, maximum basket volume, and the number of grid levels reached.
The EA itself includes controls for equity stops, deposit-load limits, broker volume ceilings, trading sessions, spread filtering and optional news protection.
These recommendations are not financial advice and should not be interpreted as a guarantee of profitability or safety.
