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Gold Excel MT5

6 purchases per month

1 499 USD

Demo downloaded: 2 247

Published: 14 January 2024

Current version: 3.0

Gold Excel MT5

Name: Gold Excel MT5
Price: 1499.00 USD
Rating: 4.85 (20 reviews)
Author: Gregory Hay

4.85

Experts
Gregory Hay
Version: 3.0
Updated: 29 February 2024
Activations: 5

Welcome to GoldExcel EA, an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT!

See all products here: https://www.mql5.com/en/users/fxmanagedforexltd/seller

Super PACK - Get all 4 of my EA for special PRICE - contact me.

GoldEXCEL delivering 8 months of SPECTACULAR PROFIT: https://www.mql5.com/en/signals/2133201

From $1,000 to $25,000 in 2024 !! Long TERM gainer and long term track record in multiple brokers!

GoldExcel system uses orders on a twice per day basis using only the Gold Pair. The gold pair is perfect for this type of trading due to its high daily range, volatility and movement correlation with stock market opens. Gold has superior global liquidity so fills and execution are typically excellent.

GoldExcel is a classic example of a system that uses price action and time based trading to extract an excellent edge proven historically over long range testing. Furthermore, our live forward trading results are a direct match to historical backtesting ensuring clients have faith in the system moving forward. GoldExcel is highly simple yet effective by using the market opens as a catalyst to detect an early move in the Gold pair at the start of the US trading session. Using a hard stop loss of $5 movement in Gold, both trades are protected each day. GoldExcel will continue to run for long term due to the natural market logic of time based price action trading.

Gold Excel has 2 sets of orders per day, which are normally filled, but only 1 trade open at one time, uses no additional layering techniques or adding multiple trades on top of losses. In this way, its very easy for user to predetermine the downside risk of each trade before it closes.

GoldExcel uses a recovery function of 3.0 that will increase the lot next day if the prior day was loss. Client has choice to use recovery or not, as the system is very stable by using non recovery also (backtest in comments section) it is personal choice. But with a historical win rate of 85%+, the odds favour to use recovery to increase performance. Client can backtest on same lot by removing recovery function by making<lot increase after loss> input = 1.0

GoldExcel is advantageous to both prop users and standard traders. The GoldExcel can pass challenges promptly and also continue to trade on the funded account. GoldExcel is not an HFT bot, nor will it break the excess volume of trades rules, so will work in any prop firm (assuming a regular XAU spread offering). Effectively, its a full circle solution for all traders. For smaller traders, it can work in account from $50 upwards. As the system does not trade until US Markets open, all major news has passed, therefore avoiding any news releases.

Strategy Summary:

Currency pair: XAUUSD (GOLD)
Minimum deposit : $50
Timeframe: 5 Minutes
Broker Offering : Any decent broker with gold spread around or under 10-15 cents. (IC/Fusion/VT/Axi//Pepperstone/Tickmill/Vantage/Tradeview etc)
Account type: Low Spread with Commission. (RAW/RAZOR/ECN)
Broker Selection : IC Markets, Pepperstone with Raw and Razor accounts for lowest spreads
IMPORTANT: A lower gold spread will excel over a high spread, i have seen upwards of 80 cents spread in some poorer brokers. Target 10 cents.(e.g IC is regularly 5 cents)
Account type: Hedge or netting, FIFO also works.

TradingSpecifications:

Places Order Twice Daily - 2 Maximum Trades Filled Trades
Entry - Pending Orders placement
Exit - By Stop loss, or trailing profit orders.
Every trade has a $5 Stop Loss and $5 Take Profit
Orders are cancelled or closed before EOD.
No daily rollover or overnight trades.
VPS not essential but recommended
Easy setup with only changes to lots and GMT clock if necessary.
Find backtest and any necessary set files in comments

Backtesting in MT5 is better for all traders as the modelling gives 99% with much greater amount of data stored than MT4 servers has. Even you intend to use MT4 for trading, we would advise MT5 for backesting, and both versions of the EA work same way in real accounts. Please use setfile provided in comments for MT4 backtesting.

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bennycarbey 2024.06.07 14:53 #

Used MT4 version of this EA, very good, glad to use MT5 version now as well. Very easy to use.

609

Yuen Pak Hei 2024.05.31 11:35 #

I tested in Demo Account and Live Account. Both Result in May is profitable.

LarryBurton9 2024.05.28 10:33 #

The best EA on here, i have tried many. The gold excel protects the client funds and always uses a safe stop loss. No other EA has a track record like the excel. Absolutely top class system. 5***** the whole way.

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Updated latest version DD is below 30% **Back Test in IC Markets, EURUSD, USDJPY, AUDUSD Time Frame M30** *USDCAD 1H * *AUDUSD H2* **BE SAFE EA includes 9 Powerful Trend Indicators** **99% Accuracy Super Strong BUY and SELL Signal entry** **EA takes Super Strong BUY or SELL order, after 9 indicator confirmation in one bar** Super Strong BUY and SELL entry EA takes super STRONG BUY and SELL entry, after 9 indicator confirmation in single bar. When you receive the super st

2 999 USD

499 USD

Welcome to GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here: https://www.mql5.com/en/users/fxmanagedforexltd/seller Super PACK - Get all 4 of my EA for special PRICE - contact me. GoldEXCEL delivering 8 months of SPECTACULAR PROFIT: https://www.mql5.com/en/signals/2133201 GoldExcel system uses orders on a twice per day basis using only the Go

499 USD

Welcome to IndexLORD EA , a highly effective scalping system designed for the major indices (NASDAQ/DOW/SP500). Developed by quant team with over 20 years experience, this system is an aggressive and powerful trading machine. IMPORTANT! After purchase contact me for me for manual and installation guide, also for risk assessment if you use prop etc. Other products here: https://www.mql5.com/en/users/fxmanagedforexltd/seller Live Performance €5K Account Trading Now €30K++ : https://www.mql5.co

499 USD

399 USD

Filter:

bennycarbey 2024.06.07 14:53 #

Used MT4 version of this EA, very good, glad to use MT5 version now as well. Very easy to use.

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Reply from developer Gregory Hay 2024.06.13 15:02 #

thanks benny!!

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Yuen Pak Hei 2024.05.31 11:35 #

I tested in Demo Account and Live Account. Both Result in May is profitable.

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Reply from developer Gregory Hay 2024.05.31 18:57 #

thank you Yuen, May was a good month, as was June.

LarryBurton9 2024.05.28 10:33 #

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Reply from developer Gregory Hay 2024.05.28 10:35 #

thanks Larry, glad you like it!

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Guntis Lans 2024.05.26 16:52 #

I have Gold Excel for 1 month now, and it`s very beautiful system. Safe, stable, uses proper risk management, have many functions that allow you to adjust to once own preferences. I personally have chosen another approach to the one that Gregory is using in his own trading, instead of using it on two Gold Pairs I use my system on multiple pairs to diversify the risks, my current preference is Gold, Silver and BTC, though you can try it with your own set of pairs. After purchase Gregory provided excellent support, full and complete guidance from A to Z, honestly haven`t received such support and service from anyone else here in mql5. With gratitude and appreciation!

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Zi Qing Zhu 2024.05.25 08:50 #

I bought it a few months ago and saw that the author's real-time signal performance was very good, so I started using it immediately. Thanks the author for his hard work. The communication was very fast.

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Reply from developer Gregory Hay 2024.05.28 10:34 #

Thank you,,its appreciated!!

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DAVID USA 2024.05.21 15:54 #

If you’ve purchased various robots and realized that 99% of them cannot adapt themselves to a living being named ‘Market’ you’ll understand that you need to accept the stop as a reality. At that point, you’ll probably realize that robots with good risk-to-reward ratios and good output are quite rare. One of those exceptional robots is Gold Excel.

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Reply from developer Gregory Hay 2024.05.22 12:19 #

thanks David, thats very kind of you,

markadams2000 2024.05.10 15:03 #

Cant wait for this to start trading,,,,looks incredible. Will update my performance after couple weeks. Real account of author looks exciting!!

Incredible week of trading..EA is so accurate entry in gold, profits have been great...Well done excel.

Superb author help.

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Reply from developer Gregory Hay 2024.05.22 12:20 #

thanks mark, we have been in touch and i know you are new to trading. Keep the learning going

jakedemerler 2024.04.16 11:51 #

User didn't leave any comment to the rating

Kozmoloji485 2024.04.08 15:54 #

I'm sorry, I've misjudged you before. I have been trading on a real account for a long time. When Examined on a Monthly Basis, the Result is Truly Impressive. I Researched, Examined, and Tried Too Many EA's, They Damaged My Accounts. However, Gold Excel MT5 is an excellent EA. Sometimes there are falls and I get scared. But when the end of the month comes, it corrects itself. It is one of the rare EA's that I can grow without damaging my real account.

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Reply from developer Gregory Hay 2024.06.08 17:25 #

Thank you!!!

surfix007 2024.03.25 20:06 #

I have been using Gold Excel since 3/11 and after testing it for a week, I started to put it on a live account. The demo week was just fantastic. I ended up with a 6.64% gain using the standard settings. The following week 3/18 I put it on a live account and - thanks to Murphy's law, both trades were a loss putting the account about (-10.4%) back. So why am I still giving 5 stars, well - I like the approach very much. So far I am still convinced, that I just started at the wrong day - too bad, but that just happens. Looking at all the trades (demo & live) the month is positive and I am pretty sure that this will be the same looking at a larger timeframe. The developer Gregory is very helpful and his answers are sometimes quite short but that's not bad. Worst case, ask again. The strategy seems to be quite simple but very effective. I am not sure if the risk-reward can be improved by tweaking the settings, but when I find out, I will add another review. On good days, you probably will ask yourself why the bot is only taking 2 trades, but I guess - and Gregory knows best - that the bot takes advantage of the stronger moves in the morning. Overall, that's not a concern for me. I like the bot and I will provide some more feedback in a few weeks. I looked at lot of different Gold bots and I am sure that I made the right choice with the Gold Excel!

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(4/18/24) Update: This is by far not enough time to give for a solid review, however, I think an update would be needed. I am using the EA now for 4 weeks on a Euro2K account. So far 6 red days and 12 green days. There were also days with no trade. I still think that the strategy itself is ok, however, I also am convinced that it has serious flaws in volatile times. I am also not sure how the recovery works - as far as I can say, each losing day requires at least the rest of the week to be positive. In case that there is another red day - it's not going to work. After 4 weeks my account is down ~8.5%. I will keep this account running but I think that there would need to be an update to either avoid trading during these volatile days or some other mechanism. For now I will change the rating until the next review in 4 weeks.

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Reply from developer Gregory Hay 2024.03.26 20:53 #

thanks surfix007!

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ken2pa 2024.03.22 03:26 #

good ea

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Reply from developer Gregory Hay 2024.03.26 20:53 #

thanks ken2pa,,,

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Rakesh Kumar 2024.03.21 08:18 #

User didn't leave any comment to the rating

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Reply from developer Gregory Hay 2024.03.26 20:54 #

thanks Rakesh, i see the review didnt "stick", nonetheless can be read here:
https://www.mql5.com/en/market/product/111410?source=Site+Market+My+Products+Page#!tab=comments&page=2

Chibuike Oluoma 2024.03.12 14:28 #

This is one of the best EAs you can discover here. I've had positive outcomes since the latest update, and I'm nearing the completion of the evaluation stage of my Nova prop firm account, having already achieved a 2.97% increase and approaching the 10% target.

UPDATE: I am down by -0.73% since the start of March 2024. I'm uncertain if this EA is effective, as it has yielded few gains and recovery from losses doesn't seem to outweigh any gains as it gets taken back after another loss. I propose that the EA should be revised.

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Reply from developer Gregory Hay 2024.04.05 12:20 #

hi,
I can only offer words that you are having ineffective execution.
My 3 live accounts are up 13-14% each on goldexcel
Maybe need a broker revision, not system revision.
See here:
https://www.mql5.com/en/users/fxmanagedforexltd/seller

Ceelser 2024.03.12 14:22 #

Gregory is perfect developer and seller, friendly customer service, responded to all my questions, EA is performing amazing, results are matching with his live accounts. I can only recommend, 10/10. Thanks once again!

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Reply from developer Gregory Hay 2024.03.20 10:16 #

Thanks for your kind review.

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Lewi Andry 2024.02.28 13:55 #

Positif result so far, author very helpfull, highly recommended

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Reply from developer Gregory Hay 2024.03.20 10:17 #

Thanks for your kind review.

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Niko Papadopoulos 2024.02.23 15:11 #

Good EA so far! One position/day but high quality. Professional support! Customer problems are taken seriously! Looking forward for the future ! Total package is great, Thx Gregory, keep going....

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Reply from developer Gregory Hay 2024.03.20 10:16 #

Thanks for your kind review.

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Jenny LK 2024.02.23 01:59 #

User didn't leave any comment to the rating

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Reply from developer Gregory Hay 2024.03.20 10:16 #

Thanks for your kind review.

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Olivier 2024.02.16 17:11 #

Beautiful tech. Wonderful contact & support. DELIVERS !! Hopeful about the author's future work. Using it on MT5 Pepperstone Standard account via VPS in UK & MT5 ICMarkets Standard account via VPS in USA. Signal = Backtest = Real = Success. This is building confidence on Gregory's EAs.

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Reply from developer Gregory Hay 2024.02.23 11:11 #

Thanks Oliver!

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Oleh Sharpan 2024.02.16 13:01 #

User didn't leave any comment to the rating

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Nicholas James Mc Cluskey 2024.02.14 00:57 #

the best ea on mql5 possibly. Been running for a long time and will continue to run thank you!

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Reply from developer Gregory Hay 2024.02.16 12:03 #

thanks nicholas,,,,

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Version 3.0 2024.02.29

Upgrade to improve MM for props
Prop scrambler settings
Additional Chart setup (twin charts)

Version 2.0 2024.02.16

V2.0 now has Risk % feature,
very useful for running in prop firms to risk <X> % on a single trade