Gold FX EA: Free MT5 Expert Advisor

Overview

Gold FX EA allows users to toggle specific modules for forex, gold, silver, cryptocurrencies, and commodities. Strategies include trend following with moving averages, Bollinger Band mean reversion, London breakouts, and RSI scalping. The system incorporates centralized risk management tools, allowing users to define risk per trade as a percentage and set hard limits for maximum daily loss and account drawdown. The README is currently empty.

Multi-asset strategy framework

Percentage-based risk management

Account-level drawdown protection

Configurable asset-specific modules

Details

Author

ajeet-trader on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Breakout, Mean reversion, Multi-strategy

Markets

Forex, Gold, Crypto, Indices, Oil & commodities

Timeframes

M1-M5, M15-H1, H4 and above

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.

EA files

Experts/GOLDFXEA_Experts/GoldFXEA.mq5

Source

github.com/ajeet-trader/GOLD_FX_EA

Input parameters

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

Name	Type	Default	Description
`EnableTrading`	`bool`	`true`	Enable Live Trading
`EnableLogging`	`bool`	`true`	Enable Detailed Logging
`LogLevel`	`ENUM_LOG_LEVEL`	`LOG_LEVEL_INFO`	Logging Level
`RiskPercentPerTrade`	`double`	`1.5`	Risk Per Trade (%)
`MaxDailyLoss`	`double`	`5.0`	Max Daily Loss (%)
`MaxDrawdown`	`double`	`20.0`	Max Drawdown (%)
`MaxOpenTrades`	`int`	`10`	Max Open Trades
`Enable_EURUSD_Strat1`	`bool`	`false`	Strategy 1: EMA RSI (Trend)
`Enable_EURUSD_Strat2`	`bool`	`false`	Strategy 2: Bollinger MeanRev
`Enable_EURUSD_Strat3`	`bool`	`false`	Strategy 3: ADX Trend
`Enable_GBPUSD_Strat1`	`bool`	`false`	Strategy 1: Fib Pullback (Trend)
`Enable_GBPUSD_Strat2`	`bool`	`false`	Strategy 2: RSI MeanRev

Show all 40 inputs

Name	Type	Default	Description
`Enable_GBPUSD_Strat3`	`bool`	`false`	Strategy 3: London Breakout
`Enable_USDJPY_Strat1`	`bool`	`false`	Strategy 1: ADX Trend
`Enable_USDJPY_Strat2`	`bool`	`false`	Strategy 2: Carry Trade
`Enable_XAUUSD_Strat1`	`bool`	`false`	Strategy 1: ADX Trend
`Enable_XAUUSD_Strat2`	`bool`	`false`	Strategy 2: Bollinger MeanRev
`Enable_XAUUSD_Strat3`	`bool`	`false`	Strategy 3: Keltner Scalp
`Enable_EURGBP_Strat1`	`bool`	`false`	EURGBP Strategy 1: SMA Trend
`Enable_AUDUSD_Strat1`	`bool`	`false`	AUDUSD Strategy 1: Breakout MeanRev
`Enable_BTCUSD_Strat1`	`bool`	`false`	BTCUSD Strategy 1: RSI MACD
`Enable_BTCUSD_Strat2`	`bool`	`false`	BTCUSD Strategy 2: ATR Breakout
`Enable_ETHUSD_Strat1`	`bool`	`false`	ETHUSD Strategy 1: False Breakout
`Enable_SOLUSD_Strat1`	`bool`	`false`	SOLUSD Strategy 1: Breakout
`Enable_XRPUSD_Strat1`	`bool`	`false`	XRPUSD Strategy 1: MeanRev
`Enable_XAGUSD_Strat1`	`bool`	`false`	XAGUSD Strategy 1: Breakout
`Enable_XAUEUR_Strat1`	`bool`	`false`	XAUEUR Strategy 1: Trend
`Enable_NZDUSD_Strat1`	`bool`	`false`	NZDUSD Strategy 1: Breakout
`Enable_USDCHF_Strat1`	`bool`	`false`	USDCHF Strategy 1: MeanRev
`Enable_USDCAD_Strat1`	`bool`	`false`	USDCAD Strategy 1: Breakout
`Enable_GBPJPY_Strat1`	`bool`	`false`	GBPJPY Strategy 1: Ichimoku
`Enable_EURNZD_Strat1`	`bool`	`false`	EURNZD Strategy 1: Scalp
`Enable_SP500_MeanRev`	`bool`	`false`	SP500 MeanRev (Pending)
`Enable_USOIL_Strat1`	`bool`	`false`	USOIL Strategy 1: MeanRev
`Enable_USOIL_Strat2`	`bool`	`false`	USOIL Strategy 2: Trend
`Enable_UKOIL_Strat1`	`bool`	`false`	UKOIL Strategy 1: Breakout
`Enable_NATGAS_Strat1`	`bool`	`false`	NATGAS Strategy 1: Squeeze
`Enable_NATGAS_Strat2`	`bool`	`false`	NATGAS Strategy 2: MeanRev
`Enable_COPPER_Strat1`	`bool`	`false`	COPPER Strategy 1: EMA
`Enable_COPPER_Strat2`	`bool`	`false`	COPPER Strategy 2: Bollinger

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone ajeet-trader/GOLD_FX_EA from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

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.

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Overview

Details

Author

Type

Platform

Strategy

Markets

Timeframes

Risk profile

EA files

Source

Input parameters

How to install it

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