Trading robot · MT5

Gold EA

by ChenyuHeee

This MetaTrader 5 expert advisor implements a trend-following strategy centered on moving average pullbacks.

GitHub stars1
Forks0
Last update7 months ago26 Jan 2026
LicenceNone stated

Overview

Gold EA utilizes a 200-period EMA for trend direction and a 50-period EMA for entry signals, further filtered by RSI momentum and ADX volatility measures. The EA includes sophisticated trade management features such as ATR-based dynamic trailing stops, automated swap avoidance, and scheduled Friday exits. Risk is controlled through equity-based lot sizing, spread filters, daily drawdown limits, and hard stop losses. The repository lacks a README, but the code documentation is detailed.

Details

Author

ChenyuHeee on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following

Markets

Gold, Forex

Timeframes

M15-H1

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from v3.3.4.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpSymbolstringSymbol (empty = current)
InpTimeframeENUM_TIMEFRAMESPERIOD_H1
InpEmaFastPeriodint50Pullback EMA
InpEmaTrendPeriodint200Trend EMA
InpAtrPeriodint14ATR period
InpRsiPeriodint14RSI period for momentum filter
InpRiskPercentdouble0.25% equity risk per trade
InpMaxPositionsint1Total positions for this symbol+magic
InpMaxSpreadPointsint50Backtest-tuned default (see 3.2.2 test_data E08)
InpMinATRdouble0.8Minimum ATR (price units) to allow entries
InpMinEma200Slopedouble0.0Min EMA200 slope magnitude (price units) for entry
InpMaxEma200DistPctdouble0.0Max abs distance (%) from EMA200 for entry
Show all 40 inputs
NameTypeDefaultDescription
InpChoppyFilterEnabledboolfalse
InpChoppyAdxMaxdouble25.0Consider choppy if ADX < X
InpChoppySlopeAbsMaxdouble0.03And |EMA200 slope| < X (price units)
InpChoppyAtrRatioMaxdouble0.70And ATR/ATRavg < X
InpSL_ATR_Multdouble1.5Initial stop = ATR * mult
InpUseTakeProfitboolfalseOptional fixed TP
InpTP_ATR_Multdouble3.0TP distance = ATR * mult (if enabled)
InpTrailStartATRdouble1.0Start trailing after profit >= ATR*X
InpTrailATRdouble2.0Fixed trailing distance = ATR*X (used when DynamicTrail=false)
InpDynamicTrailbooltrue
InpSmoothDynamicTrailbooltrue
InpDailyLossLimitPctdouble2.0Daily drawdown from today's peak => stop entries
InpMaxDrawdownPctdouble10.0Total drawdown from peak since EA start => stop entries
InpCloseAtEndOfDayboolfalse
InpEOD_Hourint23Server time hour
InpEOD_Minuteint50Server time minute
InpSmartEODboolfalse
InpSmartEODMaxRetriesint3Max retries per stage per ticket
InpFridayCloseEnabledbooltrue
InpFridayCloseHourint21Server time hour to start evaluating Friday close
InpFridayCloseMinuteint0
InpFridayKeepProfitATRdouble2.0Keep position if floating profit >= ATR*X
InpFridayForceCloseLossATRdouble0.5Force-close if floating loss >= ATR*X
InpSwapAvoidEnabledbooltrue
InpSwapAvoidCloseHourint23Server time hour
InpSwapAvoidCloseMinuteint55Server time minute
InpSwapAvoidNoNewMinutesint30Block new entries within N minutes before close time
InpSwapAvoidOnlyNegSwapboolfalseA/B result: closing both directions performed better

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ChenyuHeee/gold_ea from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

Similar expert advisors

EA31337

by EA31337
1.3k stars

EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat

MT5 Trading robot Multi-strategyNewsTrend following
Updated 5 months ago GPL-3.0 GitHub repository of EA31337

EA31337 Libre

by EA31337
252 stars

EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario

MT5 Trading robot Multi-strategyTrend followingMean reversion
Updated 1 year ago GPL-3.0 GitHub repository of EA31337 Libre

EA Scalper XAUUSD

by francomascareloai
236 stars

EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di

MT5 Trading robot SMC / ICT / price actionIndicator crossoverScalping High risk
Updated 3 months ago Custom licence GitHub repository of EA Scalper XAUUSD

Ladino Bot

by landim32
203 stars

Ladino Bot is an open-source expert advisor for MetaTrader 5 that uses HiLo Activator indicators and moving average crossovers to identify trade entries. It features a triple-timeframe architecture, allowing users to align entries with higher-period trends. Risk controls include daily gain and loss caps, brokerage fee

MT5 Trading robot Indicator crossoverTrend following Archived
Updated 1 year ago GPL-3.0 GitHub repository of Ladino Bot

Nyao Scalper

by elrizwiraswara
173 stars

Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT

MT5 Trading robot ScalpingTrend followingMartingale High risk
Updated 3 months ago BSD-3-Clause GitHub repository of Nyao Scalper

Gold Trader EA

by mehdi-jahani
141 stars

Gold Trader EA is a multi-strategy expert advisor designed for trading XAUUSD on the MetaTrader 5 platform. It employs a fusion engine that combines up to 14 different technical analysis methods, including candlestick patterns, chart patterns, price action, and institutional levels. The system requires a user-defined n

MT5 Trading robot Multi-strategyTrend followingIndicator crossover
Updated 1 year ago None stated GitHub repository of Gold Trader EA

More trading robots

Need a broker for MT5?

Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.

Compare brokers