Boom Boom Gold Don

Boom Boom Gold Don is an automated Expert Advisor for MetaTrader 5, designed for Gold trading on the H4 timeframe. It combines automated execution, position management and an informative dashboard.

Trading Requirements

• Platform: MetaTrader 5

• Trading instrument: Gold / XAUUSD, including broker suffixes such as XAUUSDm

• Timeframe: H4

• Default lot size: Fixed 0.01 lot

• Minimum tested starting capital: USD 200

• Leverage used in testing: 1:500

• Account currency used in testing: USD

USD 200 is the minimum starting capital used in the supplied backtests. It is not a guaranteed minimum for every broker. Required capital depends on leverage, contract size, margin requirements and trading conditions. A larger balance provides more room for drawdown when using the same fixed lot.

Main Features

• Automated buy and sell trading

• Fixed-lot position sizing

• Stop Loss and Take Profit management

• Break-even and trailing stop management

• Trading-condition filters

• Daily entry limits

• Trading pause after consecutive losses

• Separate magic number for identifying EA trades

• Manual pause and resume controls for new entries

• No martingale, grid or automatic lot multiplication

• No DLL or external signal subscription required

Pausing new entries keeps the management of existing EA positions active.

Dashboard

The dashboard displays account balance, equity, today's closed EA result, total closed EA result, trade statistics, spread, market status, the EA's open position and the next H4 countdown.

Account balance, equity and floating drawdown reflect the whole account. EA trade statistics are filtered by symbol and magic number.

Historical Backtest Example

Test conditions: XAUUSDm, H4, Exness-MT5Trial7, real ticks, USD 200 initial deposit, fixed 0.01 lot and leverage 1:500.

Period: 1 January–21 October 2026, with a tester end date of 22 October 2026.

• Total trades: 132

• Net profit: USD 1,068.73

• Final balance: USD 1,268.73

• Profit factor: 1.61

• Maximum equity drawdown by monetary amount: USD 216.06, representing 23.40% at that drawdown

• Maximum relative equity drawdown: 35.03%, corresponding to USD 128.73

These are historical backtest results, not live trading results. Performance varies across brokers, market conditions and testing periods.

Installation and Setup

1. Install Boom Boom Gold Don in MetaTrader 5.

2. Open your broker's Gold chart and select H4.

3. Attach the EA and load the supplied default settings.

4. Confirm that the lot size suits your account and broker.

5. Enable Algo Trading.

6. Test on a demo account before using real funds.

Keep MetaTrader 5 running and connected, or use a suitable VPS for continuous operation.

Risk Notice

Trading involves risk and may result in loss of capital. Past performance does not guarantee future results. Stop orders may execute at different prices because of gaps or slippage. The floating drawdown entry limit does not guarantee a maximum account loss.

Support is available through MQL5 messages.