Golden Mind EA

NEW VERSION - FREE FOR LIMITED TIME

Golden Mind EA is a fully automated Expert Advisor designed for MetaTrader 5, built around a dynamic grid-based trading approach combined with intelligent position management.

Unlike traditional grid systems that rely on fixed take-profit levels, Golden Mind EA uses a pair-based closing logic. The system continuously calculates the combined result of positions and closes them when a defined profit level above the break-even line is reached. This allows the EA to adapt to changing market conditions and secure profits even during ranging or unstable price action.

The EA now supports flexible trading direction modes:

  • BUY only
  • SELL only
  • BUY & SELL

This gives traders full control over strategy behavior depending on market conditions.

Important Notice

During development, the EA was tested on Gold (XAU/USD). However, due to the high volatility and strong trending nature of this instrument, trading Gold is considered high risk and is not recommended as the primary instrument.

Currently, the EA is being tested on EURUSD, which offers more stable conditions for this strategy.

It is strongly recommended to use:

  • Demo account, or
  • Cent account (minimum $300 balance)

before moving to a live trading environment.

Core Features

  • Fully automated trading (no manual intervention required)
  • Intelligent pair-based position closing (no fixed TP dependency)
  • Configurable trading direction (BUY / SELL / BOTH)
  • Adaptive grid system with customizable spacing
  • Break-even based profit targeting (in pips)
  • Optional Stop Loss protection
  • Basket and daily profit targets
  • Built-in basic risk control mechanisms

Recommended Usage

  • Instrument: EURUSD (recommended)
  • Timeframe:Any (live account on M1)
  • Account type: Cent or low-risk standard account
  • Start with conservative settings and optimize gradually

Set files will be provided in the comments section.

Input Parameters

General Settings

  • MagicNumber – Unique ID for EA positions
  • TradeDirection – Trading mode (BUY / SELL / BUY & SELL)
  • MinutesBetweenTrades – Minimum time between opening new trades
  • MaxRiskPercent – Maximum allowed risk exposure (safety limiter)
  • TradingStartHour / Minute – Defines when trading begins

Lot Settings

  • InitialLot – Starting lot size
  • LotMultiplier – Multiplier for subsequent grid positions
    (Higher value = higher risk)

Grid Settings

  • GridStepPips – Distance between grid orders (in pips)
  • GridStepMultiplier – Expands grid spacing dynamically

Take Profit Settings

  • InitialLotTakeProfitCurrently under refinement. This parameter may not function as originally intended in all scenarios. However, the EA’s core pair-based closing logic remains fully operational and continues to manage positions automatically. In practice, trades are still closed dynamically based on the break-even logic, which may even lead to more consistent overall results.
  • CloseProfitDiffPips – Profit target above break-even (core logic)
  • BasketTakeProfit – Closes all positions at total profit level
  • DailyProfitTarget – Stops trading after daily target is reached

Stop Loss Settings

  • UseStopLoss – Enable/disable Stop Loss
  • StopLossPips – Stop Loss distance in pips

Break-Even Line

  • ShowBreakEvenLine – Displays BE level on the chart

Risk Disclaimer

Golden Mind EA uses a grid-based strategy, which inherently carries risk, especially in strong trending markets.

Improper settings, high lot multipliers, or trading volatile instruments (such as Gold) may lead to significant drawdowns.

Always:

  • test on demo first
  • use proper risk management
  • avoid overleveraging



Disclaimer

This EA is intended for educational and entertainment purposes only. Trading financial markets involves significant risk, and past performance does not guarantee future results. 
You are fully responsible for your trading decisions, and the developer assumes no liability for any losses incurred.

Use at your own risk.

Recommendations

  • Monitor trades and avoid leaving the EA unattended for extended periods.

  • Start with low initial lot sizes and thoroughly test your settings in demo mode before live trading.

  • Ideal for markets that move within a range or exhibit mean-reverting behavior.

  • Use safety features such as Stop Loss and set appropriate Max Risk based on your tolerance.

  • Check performance regularly and adjust parameters if market conditions change significantly.

No Profit Guarantees

CFDs are high-risk instruments that may result in the loss of your entire investment.



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The Gold Reaper MT5
Profalgo Limited
4.46 (102)
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TwisterPro Scalper
Jorge Luiz Guimaraes De Araujo Dias
4.45 (121)
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Vladimir Lekhovitser
3.54 (24)
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Chen Jia Qi
5 (15)
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Barbaros Bulent Kortarla
5 (17)
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Shengzu Zhong
4.73 (71)
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Bogdan Ion Puscasu
5 (205)
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Vladimir Lekhovitser
4 (1)
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Shengzu Zhong
4.64 (11)
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Inrexea Limited
5 (4)
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Chen Jia Qi
4.73 (56)
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Barbaros Bulent Kortarla
4.5 (4)
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Ayush Saraf
5 (2)
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Vladimir Mametov
5 (2)
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Thierry Ouellet
5 (2)
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Adam Hrncir
4.88 (41)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499 for a limited time  before the regular $599 price kicks in. Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, B
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MQL TOOLS SL
4.26 (111)
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Simon Reeves
5 (13)
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Bogdan Ion Puscasu
4.83 (126)
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Farzad Saadatinia
5 (3)
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Lars Laeremans
5 (5)
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Jimmy Peter Eriksson
3.94 (34)
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Aetherion Prime EA
Valentina Zhuchkova
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Byrdi
William Brandon Autry
5 (19)
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SmartGridCloserEA
Leszek Aleksander Mroczek
4.33 (3)
SmartGridCloserEA v.2 – Adaptive Grid Trading with Pair-Based Profit Closures Description: SmartGridCloserEA v.2 is a fully automated Expert Advisor for MetaTrader 5 that applies a dynamic BUY-only grid strategy across multiple asset classes such as Forex, Gold, and Indices . Unlike traditional grid EAs that rely on fixed take-profit levels, this robot introduces an intelligent system for pair-based position closures based on profit differences, helping to lock in gains even during ranging or c
FREE
FastCloser MT5
Leszek Aleksander Mroczek
FastCloser - Simple Profit-Taking Utility Description: FastCloser is a lightweight tool that automatically closes all open positions when total profit reaches a predefined target (in USD). Ideal for profit-taking without manual market monitoring. How It Works: Calculates the combined profit of all active trades. If profit ≥ TargetProfit (e.g., $100), it instantly closes all positions . Works as a one-click script (manual execution) or continuously as an Expert Advisor (auto-trading). Key Featur
FREE
Position Recovery Dashboard EA for MT5 Position Recovery Dashboard is a simple yet highly useful utility EA , originally developed for the author's own trading needs. Designed with practicality in mind, it provides a fast and intuitive way to manage open trades directly from the chart — making it ideal for active and manual traders . Its key feature in the recovery trading system , which helps traders recover from losing positions by automatically calculating profit from selected lots. This E
FREE
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Abdullah Aqeel Lafta Al Rubaye
1062
Abdullah Aqeel Lafta Al Rubaye 2026.03.05 22:06 
 

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Leszek Aleksander Mroczek
1749
来自开发人员的回复 Leszek Aleksander Mroczek 2026.04.26 19:03
Thank you for your feedback, but I think it’s a bit unfair. It’s clearly stated that the EA is risky, and you most likely set it too aggressively. If you configure it properly according to your equity, the EA can generate profits. If you’re expecting quick gains from a $100 investment, most EAs available here will fail.
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