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GoldFirst MT5

You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT5)

If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings and AdaptiveSwing fields from inputs

If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings and AdaptiveSwing fields from inputs


Time start | Time end 
These 2 inputs are used for creating a time interval (hour and minute) in which the EA will work
Important! If a trading cycle starts before the ending time then the EA will keep working (placing trades) until it reaches the TakeProfit level or the Stop Loss level (even if this means it will trade after the ending time)

Use second time period

Set on true if you want to add a second time interval of the day in which to trade

Time start 2 | Time end  2
The values for the second time interval. They will be active ONLY IF you will set the Use second time period input on true

Noise, points
The points a price has to move (up or down) so we can consider the move as a valid swing. We do not take into consideration price moves smaller than this when opening a new Trading Cycle.

Start price, points
The points that are calculated from a price Local Low or Local High where the 1st trade of a Trading Cycle will be placed.

The higher the value, the safer the strategy will be and the fewer trades you will get.

This should always be greater than Noise

Step, points
The distance (in points) that has to pass from the previous trade within the current Trading Cycle.

TakeProfit, points

The distance (in points) that a current swing will have to reverse in order to close all trades of that Trading Cycle.

StopLoss, points 
The distance (in points) that a current swing has to develop in order to close all trades of that Trading Cycle. 

Initial lot

The trading volume of the 1st trade of a Trading Cycle should have

Lot multiplier

The multiplication factor is taken into consideration for calculating the volume of the next trade. If trade nr 1 of a Trading Cycle will have the volume of 0.01 lots and the Lot multiplier is set on 2, then the 2nd trade of that trading cycle will have a volume of 0.02 lots.


Broker Risks
Executing trades with large slippage
Having large spreads and swaps that can eat up a good chunk of your profits
How to avoid: 
choose a broker with high leverage, low spread (< 3 pips), no commission

Trading funds Risks: 

Not having enough money for the input values that are set ( the strategy will want to open a new trade and will have no available funds)

How to avoid: 
start with the recommended amount of money

Strategy risks

The main risk that is 100% coming from the strategy itself (if inputs values are set correctly) is that something that has not been seen before in gold price action will happen.
GoldFirst has some recommended input values that are based on the historic price action of gold. If a gold price move will be extended like never before (in recent history) then will hit your StopLoss value and will create a large loss in your account.
How to avoid:
Don’t trade during important news days (there is an economic calendar you can follow)
Choose to trade/not to trade when unexpected news happen (covid burst, financial crisis, war, wheather dissasters etc) 

Respect the input values 

Human error risks
Changing the time frame while the EA is running
Setting input values that will result in losses
How to avoid:
Pay great attention to all aspects when setting up and laughing
Check the bot a few times a day

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Contact me through PM for a 10% special discount on every purchase of all my EAs. If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. The best NON martingale, grid or averaging EA in mql5 market. This algorithm has been running live for private accounts for over 3.5+ years since 2020, returning over 26,000 pips with exceptional risk stability. Now upgraded to MT5 platform with additional enhancements to market regime recognition and additional indicat
Perceptrader AI MT5
Valeriia Mishchenko
4.67 (6)
EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT4 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
Diamond Scalping Forex
Lo Thi Mai Loan
4 (3)
Apenas 48 horas restantes antes do próximo aumento de preço!  O próximo preço é: $299, $499, o preço final é $999. Performance ao vivo 1 (EURUSD): A versão MT4 pode ser encontrada aqui Ao comprar este EA, você receberá um passe HFT de 1 dia grátis para as empresas proprietárias. Para mais detalhes, por favor envie uma mensagem no canal de chat abaixo. Junte-se aos canais para receber notificações e as últimas atualizações:   https://www.mql5.com/pt/channels/diamondscalping Para vencer n
Neuron Net GOLD
4.69 (13)
Neuron Net GOLD is an integration of the Python programming language, deep learning machine and mql5 code to be able to predict XAUUSD price movements so as to produce entries and exits based on artificial intelligence. How it works: At the start of asian session, Neuron Net Gold will carry out analysis based on historical data and predict gold price movements.  If the price prediction is up, Neuron Net Gold will take a long position, and vice versa.  Neuron Net Gold will close the position a
Undefeated Triangle MT5
Nauris Zukas
4.27 (11)
Descrição. Este produto foi criado como parte de um projeto " PULSE_OF_MARKET ". EA "Undefeated Triangle" é um sistema avançado que explora a flutuação única entre as moedas AUD, CAD e NZD. Historicamente, os resultados mostram que esses pares usados ​​na composição sempre retornam o primeiro par movido após um movimento rápido em uma direção. Esta observação pode permitir a inclusão de um sistema grid-martingale que pode obter o máximo de pontos dessas situações únicas. EA "Triângulo Invict
MQL5 - a machine learning model for prop trading, developed by a real trader with over 8 years of experience and extensive experience in algorithmic trading. The model works on the euro/dollar pair in the hourly timeframe. The model was trained on a history segment from 2000 to 2010 and has been successfully operating on a real prop firm account with live monitoring. Our model is excellently stable to new data, avoids over-optimization and overfitting, passes shuffle tests, walk-forward tests, M
Nexus EA Forex MT5
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Por que a maioria dos EAs falha? Muitos Expert Advisors dependem de vantagens estatísticas temporárias que desaparecem quando o mercado muda, algo que acontece continuamente. O problema da super otimização Além disso, a maioria dos desenvolvedores caem na armadilha de ajustar seus EAs para alcançar resultados perfeitos no passado, sem perceber que isso não se traduzirá em desempenho futuro do mercado. É crucial realizar testes que considerem cenários futuros. A importância da diversificação
Never Dies MT5
M Ardiansyah
5 (3)
Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy
DaVinci Code EA
3.67 (6)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
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Adrian Claudiu Filip
You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT4) If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings fields from inputs If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings fields from inputs INPUTS: Time start hour 1 | Time start minute 1 | Time end hour 1 | Time end minute 1 All these 4 inputs are used for creating a time inte
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