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GOLD Edge MT5

4.25

GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs.

This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade.
This EA closes with the "DD Reduce" function when drawing down.
You can set trailing stop for "GRID trading" and "DD Reduce" function.

Additional trades can be made using the panel. These are automatically settled as GRID series.
You can also manually settle all transactions. You can also change Max Trades and Max Lot Size from the panel.

I recommend that you read here first. User GUIDE: https://www.mql5.com/en/blogs/post/750375

DD Reduce function:
It is a function to close the oldest order with bad profit and loss together with the latest profitable order.


Please be sure to read the GUIDE and FAQ before asking questions or using.

There are too many questions about not trading, or only engaging in sell-only or buy-only trades. 
Please make sure to read the FAQ carefully.
(This EA does not trade indiscriminately; it analyzes the market before making trades)

The recommended setfiles are at the bottom of the GUIDE.


I recommend reading the guide describing this EA first. setfile is also here.

Don't use the Setfile I attached in the comment. There is an error, so be sure to download it from the user guide.

Recommendations:

  • Time Frame M5 recommended.
  • AUDUSD:
    Minimum deposit $1500.
  • XAUUSD:
    Minimum deposit $3,000. Lot 0.01. (use .set file "lowrisk").
    Recommended $6000 or more.
  • Other currency pair:
    XAUUSD, AUDUSD  (can also be used on any financial instrument, any pairs. 
Pro Ver automatically fits other currency pairs.(Auto Distance Function))
setfiles is here. User GUIDE: https://www.mql5.com/en/blogs/post/750375


    Settings & Setfiles:

    Read about settings and set files here.  User GUIDE: https://www.mql5.com/en/blogs/post/750375


    FAQ:

    There are too many questions about not trading, or only engaging in sell-only or buy-only trades. 
    Please make sure to read the FAQ carefully.
    (This EA does not trade indiscriminately; it analyzes the market before making trades)

    If you have any questions, please read the guide and FAQ before asking.
    Please ask the question in a message, not a comment.

    Read the user guide & FAQ.





    Bewertungen 20
    Dominus
    31
    Dominus 2024.05.24 13:17 
     

    Thanks for this EA. I used to use a similar strategy in profit trailer to reduce DD/risk. Now that I can't use PT anymore this is a joy to use, compared to normal dumb grid systems.

    Ramadan Mohamed Ramadan Mohamed
    200
    Ramadan Mohamed Ramadan Mohamed 2024.05.19 10:46 
     

    Great EA . small draw down and big profit

    emiliopassoshurtado
    16
    emiliopassoshurtado 2024.05.10 15:27 
     

    thank

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    Eddy Bang
    130
    Eddy Bang 2024.07.04 15:18 
     

    Garbage

    Dominus
    31
    Dominus 2024.05.24 13:17 
     

    Thanks for this EA. I used to use a similar strategy in profit trailer to reduce DD/risk. Now that I can't use PT anymore this is a joy to use, compared to normal dumb grid systems.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.05.24 16:49
    Thank you for your review.
    Ramadan Mohamed Ramadan Mohamed
    200
    Ramadan Mohamed Ramadan Mohamed 2024.05.19 10:46 
     

    Great EA . small draw down and big profit

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.05.19 10:58
    Thank you for your review.
    Nicolas Vaillancourt
    18
    Nicolas Vaillancourt 2024.05.12 05:52 
     

    Must be good, but never got it to work. The test worked, but never live. Kept saying Trading stop by user and never found how to fox it.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.05.12 07:45
    It should work without any problems during LIVE. We may not be able to trade depending on market movements, so we would appreciate it if you could check the FAQ and review it again correctly.
    emiliopassoshurtado
    16
    emiliopassoshurtado 2024.05.10 15:27 
     

    thank

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.05.10 15:30
    Thank you for your review.
    Luckyoung Choe
    145
    Luckyoung Choe 2024.05.05 15:55 
     

    Been using this EA for a while now about a month. If you use high lots you will blow your account. You need enough funds in there and run it on low risk. If using high risk then withdraw regularly and be ready to blow your account. Im renting PRO version before i purchase it $30 for 1 month is quite cheap.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.05.05 16:15
    Thank you for your review.
    Seth Tetteh
    1313
    Seth Tetteh 2024.04.25 11:13 
     

    wicked

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.25 14:08
    Thank you for your review.
    Eventual Chi
    27
    Eventual Chi 2024.04.19 00:51 
     

    nice

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.19 04:51
    Thank you for your review.
    handsy clarke
    55
    handsy clarke 2024.04.17 18:10 
     

    Der Benutzer hat keinen Kommentar hinterlassen

    Trader Slatt
    106
    Trader Slatt 2024.04.15 17:48 
     

    The writer is a greedy cunning. I gave a tip about Ea. If this EA is set to a daily profit limit option of 10-30 dollars per day, it will become an EA that can be used with small balances throughout life. I told this to the author and he said he will go and put it in the PRO version. Don't use a greedy author's ea.

    mirg guc
    92
    mirg guc 2024.03.28 19:00 
     

    The Trail Stop setting is too small: min 250 why can't I find how to change it because it doesn't work for me?!

    Can you help me please

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:59
    Thank you for your review. Trail stops can be changed. Read the guide. If you don't understand, please private message me.
    Rene Kaufmann
    368
    Rene Kaufmann 2024.03.17 14:19 
     

    Awesome EA!!!! I have it on a live account,( Daerwin X) for about a week 11 trades 11 winners $164 profit. I would love to see what PRO EA can do.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:57
    Thank you for your review.
    namkun994
    26
    namkun994 2024.03.16 06:12 
     

    The bot operates very well on currency pairs. Can the bot run simultaneously on two currency pairs?

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:55
    Thank you for your review. You can do it by separating the chart and magic number.
    .
    Forex Metadata
    16
    Forex Metadata 2024.03.10 12:12 
     

    A lot of potential, plenty settings to adjust. Testing at the moment, Thank you for let us use such an amazing expert.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:54
    Thank you for your review
    Gabor Kovacs
    168
    Gabor Kovacs 2024.03.05 13:09 
     

    Thank you for sharing this EA. I am using it on a standard cent account for 3 months now with the given set files for aud and xau and it makes steady profit. It has small draw down and handles the trades very well. Will put it on an ECN to see if it has a better performance.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:56
    Thank you for your review
    Vítor Barrocas
    180
    Vítor Barrocas 2024.03.02 13:55 
     

    Testei com muito bos resumtados em Ouro - 15M. Parabéns e muito obrigado ao desenvolvedor por disponibilizar gratuitamente tanto investimento em tempo e conhecimento.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:54
    Thank you for your review
    Betty Jimenez
    254
    Betty Jimenez 2024.02.12 12:26 
     

    by chance I've found this f...ing good Software. After 4 weeks live account and after 1000+ ( feeled ) backtesting, I have found a nice Setup for XAUUSD M5. Backtest from 01.Nov.23 until today +350%, live the last 2 weeks +63%, thanks for this FREE offer

    EURUSD M30 is running very smooth, 200-300 USD initial Capital is possible with start 0.01 Lot. Backtest and live is similar

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:53
    Thank you for your review
    Ana C. Suero D.
    18
    Ana C. Suero D. 2024.02.05 17:45 
     

    Hasta ahora ha tenido muy buenos resultados en las pruebas que estoy haciendo.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.04.18 01:49
    Gracias por tu reseña
    Mario Junior Johnson
    128
    Mario Junior Johnson 2024.01.30 23:54 
     

    This EA is super awesome, I am very happy, I would like to contact the creator, to ask the difference between the free version and the paid version.

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.01.31 14:07
    Thank you for your review.
    The differences from the PRO version are written in the FAQ, so please refer to it.
    Neil Richard Pinheiro
    332
    Neil Richard Pinheiro 2024.01.13 21:22 
     

    IMHO, this is the best free EA for MT5. On a small live account, I have doubled my money in 2 months! Thank you very much Hideki Nakajima!!

    Hideki Nakajima
    37092
    Antwort vom Entwickler Hideki Nakajima 2024.01.31 14:04
    Thanks for your review.
    1234
    Antwort auf eine Rezension
    Version 4.6 2024.05.19
    Minor logic improvements
    Version 4.5 2024.05.03
    Improved trading logic.
    Added explanation to parameters.
    Fixed a few bugs.
    Version 4.4 2024.04.04
    Fixed bug in panel function.
    Version 4.3 2024.04.03
    Fixed a bug where the price display on the panel was not updated.
    Version 4.2 2024.03.31
    Improved default values
    Minor bug fixes
    Version 4.1 2024.03.13
    Removed “Margin Limit” Filter function.
    Instead, it is equipped with a "Minimum Free Margin" Filter function.
    (Free Margin / Accout Balance)% If Free Margin is less than this percentage, no new trades will be executed.
    Version 4.0 2024.03.11
    Fixed a bug where an alert would appear when using the previous setfile.
    Version 3.9 2024.03.09
    Add Margin Limit Filter.
    &fixed some bugs.
    Version 3.8 2023.05.05
    minor update
    Version 3.7 2023.05.01
    minor update
    Version 3.6 2023.05.01
    ・minor logic update.
    ・Added function "Auto Distance by ATR". (PRO only)
    I recommend setting this to "true".
    Version 3.5 2023.04.23
    minor update.
    Version 3.4 2023.04.23
    minor update.
    Version 3.3 2023.02.23
    Change panel layout.
    Improving response of manual operation.
    Version 3.2 2022.11.12
    Fixed a bug that SL and TP could not be set depending on the broker.
    Version 3.1 2022.11.07
    Fixed a bug that TP may not be entered when trading from the panel.
    Version 3.0 2022.11.06
    Fixed several bugs with panels and orders.
    Fixed some customer reports. Thank you dear customer for your report.
    Version 2.9 2022.10.16
    minor update
    Version 2.8 2022.10.15
    Made it possible to change the order comment.
    Version 2.7 2022.10.01
    Fixed bug in manual mode
    Version 2.6 2022.09.29
    Fixed display bug of Non-Trade Time
    Version 2.5 2022.09.24
    minor update.
    Version 2.4 2022.09.23
    Improved the color when pressing the pause button.
    Version 2.3 2022.09.23
    small bug fix.
    miner update.
    Version 2.2 2022.09.05
    Logic improvement
    Version 2.1 2022.08.28
    Added the following parameters.
    ・Stop loss
    ・Trend Reversal Loss Cut
    ・Equity Percent(%) Loss Cut
    Version 2.0 2021.12.11
    - minor updated
    Version 1.9 2021.12.03
    - minor updated
    Version 1.8 2021.11.30
    fixed a little bug
    Version 1.7 2021.11.28
    - Added “Use Time Filter” Parmeter.
    - Added “Day of the week to trade” Parameter.
    Version 1.6 2021.11.26
    - DD reduce Bug Fix.
    - Added “Start Lot Multiply Count” parameter.
    Version 1.5 2021.11.24
    - minor updated
    Version 1.4 2021.11.23
    - minor updated
    Version 1.3 2021.11.20
    Added Parameter
    　 MA(Moving Average) filter parameter
    　& RSI filter parameter
    Version 1.2 2021.11.05
    - optimised parameters
    - minor updated