Gold Joker

Gold Joker is an MT5 Expert Advisor that uses a custom breakout engine to identify potential breakout levels.

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It automatically executes a structured 3-entry ladder as price extends in the direction of the breakout.

Every entry is managed independently with its own virtual stop-loss, take-profit, breakeven, trailing stop, and profit-lock logic — all invisible to the broker until the safe stop needs to be synchronized.

Live Signal - Vantage Raw/ECN - Ping <2 ms - https://www.mql5.com/en/signals/2399097   

Recommended Broker Conditions

For XAUUSD, use:

• 5 minute timeframe

• Raw spread / ECN-style account

• Low XAUUSD spread

• Competitive commission

• Good execution quality

• Low slippage

• Reliable MT5 server

• VPS located close to the broker's trading server

Avoid brokers/accounts with consistently wide gold spreads.

VPS Is Strongly Recommended

A VPS is highly recommended and effectively essential for serious automated operation.

This is particularly important because the EA uses tick-by-tick virtual trailing and active trade management. A stable VPS keeps MT5 connected to the broker and allows the EA to manage positions continuously without depending on your personal computer remaining switched on.

For best results, use a VPS with low latency/ping to your broker's trading server.

Recommended Starting Capital

The default lot size is set at 0.01.

As a practical minimum, I recommend approximately:

$100 starting balance per 0.01 but do your own backtests to find your own risk tolerance level. 

You can also switch to % of balance per trade in the menu. 

Account Type

The EA is designed to work with MT5 hedging accounts.

Important

Trading leveraged financial instruments involves risk.

Always test the EA on a demo account first and use appropriate risk management before moving to a live account.

Price of EA will increase based on number of sales - final price $1999

Gold Joker is designed for traders looking for an automated, fast-reacting XAUUSD breakout system.

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