Goldcoca

GoldCoca EA is an automated trading Expert Advisor designed for MetaTrader 5 and developed for short-term trading on instruments such as XAUUSD.

The EA combines candle-based trade signals with configurable Stop Loss protection, position management, session controls and an economic-calendar news filter.

Key Features

Automated BUY & SELL Trading

GoldCoca EA can automatically identify trading conditions and execute both BUY and SELL positions according to its programmed rules.

Stop Loss Protection

Each trade uses a predefined Stop Loss structure. The EA also provides a configurable maximum Stop Loss distance to help control the maximum price distance used for a trade.

Step-Based Position Management

The EA includes configurable profit-step and lock-point settings for progressive Stop Loss management as a position moves into profit.

Candle & Market Conditions

The EA uses completed candle data and configurable parameters including:

• Price Step

• Bars Step

• Minimum Body Points

• Wick Percentage

• Stop Loss Buffer

• Maximum Stop Loss Distance

• Profit Step

• Lock Points

These parameters allow traders to adapt the EA to different instruments and market conditions.

Session Protection

The EA includes an optional session filter with configurable protection around:

• Daily session opening

• Daily session closing

• Weekly market reopening

This can help avoid opening trades during selected market transition periods.

High-Impact News Filter

GoldCoca EA includes an optional MetaTrader Economic Calendar filter.

The news filter can use a configurable time buffer around high-impact economic events and can be configured for USD-related events.

Risk & Trade Settings

The EA provides configurable settings for:

• Lot Size

• Maximum Stop Loss Distance

• Maximum Slippage

• Magic Number

• Trading Timeframe

• Session Filter

• News Filter

• News Buffer

• News Currency

Backtest Results

The following results are from the included Strategy Tester report:

Symbol: XAUUSD+
Test Period: January 1, 2026 – August 1, 2026
Initial Deposit: 50
Leverage: 1:500
History Quality: 100%
Total Trades: 45,369

Performance

Total Net Profit: 37,805.82
Profit Factor: 2.22
Expected Payoff: 0.83
Recovery Factor: 810.94
Sharpe Ratio: 23.21

Trade Statistics

Winning Trades: 32,321 (71.24%)
Losing Trades: 13,048 (28.76%)
BUY Trades: 22,934 — 71.43% won
SELL Trades: 22,435 — 71.05% won

Average Profit Trade: 2.13
Average Loss Trade: -2.38
Largest Profit Trade: 61.89
Largest Loss Trade: -4.35

The reported maximum relative equity drawdown was 15.05%, while the maximum relative balance drawdown was 13.21%.

Important

Backtest results are historical test results and do not guarantee future performance. Actual trading results may differ depending on broker conditions, spread, commission, execution speed, liquidity and market conditions.

Always test the EA on a demo account before using real funds.

GoldCoca EA is an automated trading tool, not a guarantee of profit.