GoldMine Trader
GoldMine Trader is an automated Expert Advisor (EA) for MetaTrader 5 that executes trades on XAUUSD (Gold) based on technical price analysis. The system operates 24/7, continuously monitoring the market and managing positions according to your configured parameters.
Key features
Automated trading capabilities
- Continuous market monitoring and swing-point analysis
- Automatic trade execution based on breakout price levels
- Configurable entry conditions with real-time trend-direction filter
- Multi-position management up to the configured maximum concurrent trades
Operational controls
- Time filter: optional trading session restriction with configurable start and end hours
- Spread filter: automatically skips entry when spread exceeds the allowed threshold
- Debug mode: verbose journal logging for troubleshooting and broker verification
- Auto fill-mode detection: identifies and sets the correct order fill type for your broker (FOK / IOC / Return)
Money management
- Percentage-based position sizing for proportional account-growth scaling
- Configurable minimum and maximum lot boundaries with broker-step normalisation
- Optional fixed lot mode for manual size control
- Pre-trade margin check — order is skipped rather than failing with a broker rejection
- Maximum total portfolio risk cap to limit cumulative open exposure
Trailing stop loss
- Automatic trailing stop that progressively locks in profit as price moves in favour
- Configurable trailing distance and minimum step size in points
- Activates only when the position is in profit — cannot trail a stop into a losing level
On-chart dashboard
- Live display of Ask, Bid, spread, balance, equity, free margin and drawdown percentage
- Session P&L, floating P&L, open trade count and current trend direction with visual indicator
- All active EA settings visible at a glance — refreshes every 5 seconds and on every new tick
Trade settings
This EA is designed and optimized exclusively for XAUUSD (Gold / US Dollar). Do not attach it to any other symbol. Applying it to Forex pairs, indices or other commodities may produce unexpected behavior and uncontrolled risk.
Symbol & timeframe
| Parameter | Recommended value |
|---|---|
| Symbol | XAUUSD (Gold) |
| Timeframe | M1 (1 minute) |
System requirements
- MetaTrader 5 platform with AutoTrading enabled
- XAUUSD loaded in Market Watch with sufficient M1 historical data
- Broker account with algorithmic trading enabled and low Gold spread (ideally under 30 pts during active sessions)
- Stable internet connection; VPS strongly recommended for uninterrupted 24/7 operation
Important operational notes
- Always test on a demo account first to confirm broker compatibility and fill-mode behaviour
- Verify that your broker's XAUUSD contract specifications (tick size, tick value, margin) are compatible with the lot sizing output
- Do not run multiple instances of this EA on the same symbol and magic number simultaneously
- Monitor the dashboard during the first live sessions to confirm SL, TP and lot sizes are executing as expected
- Startup swing scan requires at least 500 M1 bars; ensure sufficient chart history is preloaded before attaching the EA
Risk warning
Trading involves substantial risk of loss. This EA is an automated tool that requires proper configuration and ongoing monitoring. Past performance does not guarantee future results. Gold (XAUUSD) is a highly volatile instrument — losses can exceed expectations during major news events or low-liquidity periods. Only trade with capital you can afford to lose. You are solely responsible for all trading decisions and outcomes.
Version information
- Version: 1.00
- Copyright: Market Tricks
- Website: https://goldminetrader.markettricks.in/
- Platform: MetaTrader 5 (MQL5)
- Instrument: XAUUSD – Gold only
- Recommended timeframe: M1 (1 minute)
Support & Contact
For technical assistance or enquiries regarding this Expert Advisor, please reach out through any of the following channels:- Direct Message (DM) via the message section
- WhatsApp: +91 93636 00550
