Throne of Gold

Basic Settings :

    Currency Pair: XAUUSD (Gold)

    Timeframe: M5

    Initial Deposit: Minimum 150 USD, recommended 500 USD or above

    Leverage: 1:100 to 1:1000

    Broker: Please use a low-spread ECN account (Gold spread below 30)

For other advanced settings and parameters, please refer to the whitepaper ：https://www.mql5.com/en/blogs/post/769805

How to Perform Accurate Backtesting?

Why Choose Throne of Gold?

    Non-grid, non-Martingale strategy with hard stop-loss set for every trade, strictly controlling single-trade drawdown. In high-stress tests, the maximum drawdown is only 2.05%~2.89%, far lower than most Gold EAs.

    Passed 1000 Monte Carlo stress tests, with net value maintaining steady growth across all 1000 random simulation scenarios, fully proving the strategy has strong statistical significance.

    No overfitting issues: Adopts In-Sample/Out-of-Sample validation + Walk-Forward rolling validation, proving that Throne of Gold is not an overfitted EA, and backtesting results have strong live trading reference value (under conditions of similar spread and latency).

    Supports optional Compound Mode, which automatically sets lot sizes based on account balance ratio.

    Built-in intelligent news filter module that automatically downloads economic calendar data. It can pause opening new positions before and after high, medium, and low-impact news events (time and news events are customizable) to avoid slippage or false breakouts caused by severe market fluctuations. The system only filters news related to the Gold currency pair and provides a separate switch for "Speaks".

    Users can manually calibrate the time zone offset of the news source to ensure accurate filtering time. (For specific setup methods, please refer to the above or contact me to obtain the whitepaper)