Gold Martingale Hedge X EA MT5 (Official version)| Unbounded

Product Overview

Gold Martingale Hedge X EA MT5 is a fully automated gold trading robot for MetaTrader 5, combining two independent grid–martingale trading engines: V190 and HedgePro. Designed for XAUUSD trading, the EA offers flexible trading strategies, automated hedge management, and advanced risk protection tools.

The V190 engine uses signal-based grid trading, while HedgePro manages dual-direction hedge positions with separate basket profit targets. Both engines can operate independently, simultaneously, or through a custom trading sequence.

The EA includes six risk modes, automatic lot sizing, basket Take Profit management, news filtering, drawdown protection, and Telegram alerts. Traders can monitor and control both engines through a convenient on-chart dashboard.

Gold Martingale Hedge X EA MT5 is designed for traders seeking a customizable automated gold trading system with multiple strategy options and integrated risk controls. Because it uses grid and martingale techniques, significant drawdowns and account losses remain possible.

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About the Developer

• Author:  Joshy Antony
• Experience: Over 1 years of experience on MQL5.
• Notable Products: Gold Martingale Hedge X EA MT5, Gold Hedge Martingale ProEA MT5 and other advisors.
• Flagship Product: Gold Martingale Hedge X EA MT5 is rated as the best performing product of the year.

>>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Reviewed by Jason Stap <<<

Key Features of Gold Martingale Hedge X EA MT5

Two Independent Trading Engines

Gold Martingale Hedge X EA MT5 combines two automated trading engines within one Expert Advisor.

V190 Engine: A signal-based grid trading system using Moving Average trends or candlestick entry signals. It includes basket Take Profit, full-grid TP glide, and last-step recycling.

HedgePro Engine: A dual-direction hedge grid system that manages buy and sell baskets independently, with dollar-based Take Profit targets for each side.

Each engine has its own magic number and manages only its own positions, preventing interference between the two systems.

Four Flexible Strategy Modes

The EA allows traders to select the trading behavior that best matches their strategy preferences.

• V190 Only: Runs the signal-based grid engine independently.
• HedgePro Only: Uses dual-direction hedge grid trading with separate profit targets.
• Both Together: Operates both engines simultaneously.
• Custom Sequence (Default): V190 leads while HedgePro activates after V190 closes its positions or when a full V190 grid requires recovery support.

The Custom Sequence mode coordinates the two engines to provide automated strategy transitions.

Six Risk Management Modes

Gold Martingale Hedge X EA MT5 includes six selectable risk configurations.

Custom (Default): Uses every parameter exactly as configured, with default fixed 0.01 lots.

Conservative: A preset designed for comparatively lower exposure.

Balanced: A preset offering an intermediate risk configuration.

Aggressive: A preset configured for higher trading exposure.

Aggressive 1: Automatic lot sizing, maximum 0.10 lot per position, and four grid levels per side.

Aggressive 2: Automatic lot sizing, maximum 0.20 lot per position, and four grid levels per side.

Aggressive 3: Automatic lot sizing, maximum 0.20 lot per position, and eight grid levels per side.

The Aggressive 1–3 presets match the configurations used in the developer’s published Strategy Tester screenshots.

Flexible Lot Sizing

The HedgePro engine supports three lot-sizing options:

• Custom Lot: Select a fixed lot size between 0.01 and 0.10 from predefined options.
• Manual Lot: Enter a preferred trading volume manually.
• Auto Lot: Automatically scale trading volume according to account balance.

A configurable per-position lot cap is available, including fixed limits from 0.01 to 1.00 lot or an automatic option.

For accounts below $5,000, the EA limits individual positions to 0.01 lot as an additional protection mechanism.

Advanced Basket Take Profit

Both engines feature automated basket profit management.

V190 uses basket Take Profit, full-grid TP glide, and last-step recycling, while HedgePro manages dollar-based basket profit targets separately for buy and sell positions.

HedgePro also includes proportional basket Take Profit, allowing profit targets to scale with the base lot size.

Take Profit Maximizer

The Take Profit Maximizer allows profitable baskets to continue beyond their initial profit targets.

Instead of closing immediately when the target is reached, the system can track peak basket profit and close when profit retraces from its highest level.

This feature aims to capture additional profit during favorable market movements.

Sell Confirmation Filter

Gold markets can experience prolonged upward trends, making short positions particularly challenging.

The Sell Confirmation Filter helps control new sell basket entries by requiring bearish trend, momentum, and market structure confirmation.

Four selectable filter levels are available:

Off, Normal, Strict, and Extreme.

Higher strictness settings require stronger confirmation before new sell baskets can open.

Buy Price Ceiling

The Buy Price Ceiling prevents new buy entries above a selected gold price level.

Traders can choose a price ceiling between $4,000 and $8,000, depending on their market expectations and strategy settings.

Price Difference Guard

The Price Difference Guard is designed to close individual positions when gold moves a specified dollar distance against the opening price.

Selectable limits range from $50 to $1,000, with an Unlimited option.

This feature can help limit the duration and extent of individual adverse price movements, although losses may still be substantial.

Position Age Guard

The Position Age Guard automatically closes positions that exceed the selected holding period.

Available settings range from 15 to 180 days, with a default limit of 30 days.

This helps reduce prolonged exposure from positions that remain open for extended periods.

Fake Reversal Filter

The Fake Reversal Filter helps distinguish temporary wick movements from confirmed breakout conditions.

The system can continue trading through wick-based fakeouts while pausing new entries after confirmed candle-body breakouts.

Trading can resume early when price closes back inside the monitored range.

News and Trading Session Filters

The EA includes an economic news filter using the MetaTrader 5 economic calendar.

It also supports a trading session filter, allowing traders to restrict activity during selected market periods.

Advanced Account Protection

Gold Martingale Hedge X EA MT5 includes several additional protection mechanisms:

• Minimum margin-level requirements.
• Emergency position closure.
• Optional equity stop.
• Maximum drawdown stop.
• Basket Stop Loss.
• Daily profit and loss trading limits.

These features help traders define operational risk thresholds, but they cannot guarantee protection against market gaps, slippage, or rapid losses.

On-Chart Trading Dashboard

The EA features a combined dashboard displaying information for both V190 and HedgePro.

Traders can monitor basket status, profit and loss, trading sequence, filter conditions, and current EA activity.

The dashboard also includes Pause and Close All controls.

Push Notifications and Telegram Integration

Gold Martingale Hedge X EA MT5 supports MetaTrader 5 push notifications and optional Telegram alerts.

Telegram integration also supports remote trading commands, including:

/status, /pause, /resume, /closebuy, /closesell, /closev190, and /closeall.

These commands allow traders to monitor or manage supported EA functions remotely.

How It Works

Gold Martingale Hedge X EA MT5 combines signal-based grid trading with dual-direction hedge management to automate XAUUSD trading.

Step 1: Select a Trading Strategy

Choose between V190 Only, HedgePro Only, Both Together, or Custom Sequence mode.

The default Custom Sequence allows V190 to lead while HedgePro activates under defined transition or recovery conditions.

Step 2: Analyze Gold Market Conditions

The V190 engine evaluates trading opportunities using Moving Average trends or candlestick-based entry signals.

The HedgePro engine manages buy and sell trading sequences according to its programmed hedge grid logic.

Step 3: Apply Market Filters

Before opening positions, the EA checks relevant filters, including news events, trading sessions, sell confirmation requirements, buy price ceilings, and fake reversal conditions.

Step 4: Calculate Trading Volume

The EA determines position size according to the selected risk preset and lot management settings.

HedgePro supports Custom, Manual, and Auto lot sizing, with additional per-position lot limits.

Step 5: Execute Grid and Hedge Trades

When trading conditions are satisfied, the active engine opens positions according to its strategy.

V190 manages signal-based grid positions, while HedgePro manages independent buy and sell hedge baskets.

Each engine uses a separate magic number to identify and manage its own orders.

Step 6: Manage Basket Profits

The EA monitors basket profit targets and applies the selected Take Profit management features.

The Take Profit Maximizer can allow profitable baskets to continue beyond their initial target before closing on a profit retracement.

Step 7: Apply Risk Protection

Throughout trading, the EA monitors configured safeguards, including margin levels, drawdown limits, price movement thresholds, position age, basket Stop Loss, and daily trading limits.

Step 8: Coordinate Trading Engines

In Custom Sequence mode, V190 normally leads.

HedgePro can activate when V190 closes all its positions or when the V190 grid reaches its maximum configured depth and the market continues moving against it.

After HedgePro’s baskets close, V190 resumes its leading role.

Step 9: Monitor and Control Trading

Traders can review both engines through the on-chart dashboard.

Optional Telegram integration provides remote monitoring and supported trade-management commands.

Why Choose Gold Martingale Hedge X EA MT5?

Two Trading Systems in One Expert Advisor

Gold Martingale Hedge X EA MT5 combines the V190 signal-based grid and HedgePro dual-direction hedge engines within one MT5 trading robot.

This provides multiple trading methods without requiring separate Expert Advisor installations.

Independent Position Management

Each engine uses its own magic number and manages only its assigned positions.

This helps maintain clear separation between V190 and HedgePro trading activity.

Flexible Strategy Selection

Traders can operate either engine independently, run both together, or use the automated Custom Sequence mode.

This makes the EA adaptable to different trading preferences and account configurations.

Multiple Risk Presets

Six selectable risk modes allow traders to choose between Custom, Conservative, Balanced, Aggressive, Aggressive 1, Aggressive 2, and Aggressive 3 configurations.

The three Aggressive variants are designed for progressively higher exposure and require careful evaluation.

Advanced Grid and Hedge Management

The EA combines basket Take Profit, full-grid TP glide, last-step recycling, dual-direction hedging, and proportional profit targets.

These functions provide automated management for complex grid trading sequences.

Extensive Safety and Market Filters

Features such as the Sell Confirmation Filter, Price Difference Guard, Position Age Guard, news filter, equity stop, and margin protection provide configurable controls for trading activity.

Convenient Remote Management

Telegram integration allows traders to check system status, pause or resume trading, and submit supported position-closing commands remotely.

Backtesting Configuration Transparency

The Aggressive 1–3 presets correspond to the developer’s published Strategy Tester configurations.

Traders can use the free demo version to evaluate these settings in the MetaTrader 5 Strategy Tester using comparable historical data and testing conditions.

However, identical settings do not guarantee identical results across different brokers or historical datasets.

Gold Martingale Hedge X EA MT5 Backtest Results

• Initial Deposit: $1.000
• Total Net Profit: $4.159,48
• Win Rate: 81.01%
• Maximum Drawdown: 0,22%

Risk Management & Alerts

Gold Martingale Hedge X EA MT5 includes multiple protection mechanisms to help traders monitor and manage the risks associated with grid and martingale trading.

Risk Preset Selection

The EA provides selectable trading configurations ranging from Conservative to Aggressive 3.

Higher-risk presets allow greater position sizes or deeper grid structures, increasing the potential for substantial drawdowns.

Small Account Lot Protection

For balances below $5,000, HedgePro limits individual positions to a maximum of 0.01 lot.

This restriction reduces individual position size but does not prevent cumulative losses from multiple open trades.

Price Difference Guard

This feature closes positions when gold moves a configured dollar distance against their entry price.

Selectable thresholds range from $50 to $1,000, with an Unlimited option.

For accounts below $2,000, the developer recommends setting the guard between $50 and $100.

Position Age Guard

Positions can be closed automatically after remaining open beyond a selected holding period.

The default setting is 30 days, with available limits from 15 to 180 days.

Maximum Drawdown Protection

A configurable maximum drawdown stop allows traders to establish a threshold for automated risk intervention.

Execution delays or sudden market movements can still cause actual losses to exceed the configured level.

Equity Stop and Basket Stop Loss

Optional equity stop and basket Stop Loss settings provide additional mechanisms for limiting exposure at account and basket levels.

Daily Profit and Loss Limits

Daily profit and loss halts allow traders to restrict new trading activity after reaching selected daily thresholds.

Margin Safety Protection

The EA monitors minimum margin-level requirements and includes an emergency close mechanism.

These features aim to reduce the risk of excessive margin pressure but cannot guarantee the prevention of liquidation.

Sell Confirmation Filter

Sell baskets can require bearish trend, momentum, and structure confirmation.

Filter strictness can be adjusted from Off to Extreme.

News and Session Filters

Economic news and trading session filters allow traders to avoid certain market periods.

These filters may reduce trading activity during selected events but cannot eliminate sudden volatility.

Telegram Alerts and Remote Commands

The optional Telegram integration supports alerts and the following commands:

• /status – Check EA status.
• /pause – Pause trading.
• /resume – Resume trading.
• /closebuy – Close buy positions managed by the EA.
• /closesell – Close sell positions managed by the EA.
• /closev190 – Close V190 positions.
• /closeall – Close all positions managed by the EA.

Important Risk Warning: Grid and martingale strategies can accumulate substantial exposure during prolonged one-directional gold movements. Even with protection settings enabled, traders may experience deep drawdowns, margin calls, or the loss of their entire trading capital.

Pros and Cons

Pros

• Combines two independent XAUUSD trading engines.
• Supports four strategy modes.
• Includes Custom Sequence automation.
• Offers multiple risk presets.
• Supports automatic, manual, and predefined lot sizing.
• Includes per-position lot limits.
• Features small-account lot protection.
• Supports basket Take Profit management.
• Includes Take Profit Maximizer.
• Provides selectable Sell Confirmation Filter levels.
• Includes Buy Price Ceiling protection.
• Offers Price Difference Guard and Position Age Guard.
• Includes news and trading session filters.
• Supports maximum drawdown and equity protection.
• Features margin safety and emergency close functions.
• Provides daily profit and loss limits.
• Includes an on-chart trading dashboard.
• Supports MT5 push notifications.
• Offers Telegram alerts and remote commands.
• Includes predefined Strategy Tester configurations.
• Supports multiple XAUUSD chart timeframes.

Cons

• Uses grid and martingale trading strategies.
• Can experience significant drawdowns during strong market trends.
• Deeper grids and larger lots substantially increase account exposure.
• Requires a hedging account for the intended dual-direction strategy.
• Aggressive presets require considerable risk tolerance.
• Multiple positions can increase margin requirements.
• Basket recovery may take considerable time.
• Protection mechanisms cannot guarantee against liquidation.
• Gold volatility and slippage may produce unexpected losses.
• Backtest results do not guarantee live trading performance.
• Requires careful configuration and regular monitoring.
• Telegram remote control requires additional setup.

How to Install Gold Martingale Hedge X EA MT5

Installing Gold Martingale Hedge X EA MT5 requires MetaTrader 5, an XAUUSD trading chart, and the appropriate strategy and risk settings.

Step 1: Install MetaTrader 5

Download and install MetaTrader 5 from your broker or the official MetaTrader website.

Log in to a trading account that supports XAUUSD and hedging.

Step 2: Add the Expert Advisor

Open MetaTrader 5 and navigate to:

File → Open Data Folder → MQL5 → Experts

Copy the Gold Martingale Hedge X EA file into the Experts folder.

Restart MetaTrader 5 or refresh the Expert Advisors section in the Navigator panel.

Step 3: Open an XAUUSD Chart

Open an XAUUSD gold chart.

The EA supports any chart timeframe, although M5 was used in the developer’s published Strategy Tester results.

Step 4: Attach Gold Martingale Hedge X EA

Locate the Expert Advisor in the Navigator panel and attach it to the XAUUSD chart.

Step 5: Select Strategy Mode

Choose your preferred operating mode:

• V190 Only
• HedgePro Only
• Both Together
• Custom Sequence (Default)

For coordinated trading between both engines, select Custom Sequence.

Step 6: Configure Risk Mode

Select the preferred risk preset.

For initial evaluation, consider the default Custom mode with fixed 0.01 lots.

The Aggressive presets should be tested carefully before live use.

Step 7: Configure Lot Sizing

For HedgePro, select Custom Lot, Manual Lot, or Auto Lot mode.

Review the per-position lot cap and confirm that the chosen settings are suitable for your account balance and margin requirements.

Step 8: Configure Risk Protection

Review the following settings before enabling live trading:

• Price Difference Guard.
• Position Age Guard.
• Maximum Drawdown Stop.
• Equity Stop.
• Basket Stop Loss.
• Minimum Margin Level.
• Daily Profit and Loss Limits.
• News and Session Filters.
• Sell Confirmation Filter.
• Buy Price Ceiling.

For balances below $2,000, the developer recommends setting the Price Difference Guard between $50 and $100.

Step 9: Enable Algorithmic Trading

Enable automated trading in MetaTrader 5 and confirm that the EA has the required trading permissions.

Step 10: Configure Telegram Alerts (Optional)

To enable Telegram connectivity, open:

Tools → Options → Expert Advisors → Allow WebRequest for listed URL

Add:

https://api.telegram.org

Then configure the EA’s Telegram settings using the required bot credentials and chat information.

Do not share your Telegram bot token publicly.

Step 11: Test on a Demo Account

Use the MetaTrader 5 Strategy Tester to evaluate the EA.

The developer’s Aggressive 1–3 presets can be tested using the free demo version with comparable historical data and testing conditions.

Step 12: Monitor Trading Activity

Use the combined on-chart dashboard to monitor both engines, active baskets, profit and loss, trading sequence, and filter status.

For continuous operation, a stable trading environment and VPS are recommended.

Recommended Setup

Parameter	Recommended Configuration
Expert Advisor	Gold Martingale Hedge X EA MT5
Trading Platform	MetaTrader 5
Trading Symbol	XAUUSD
Timeframe	Any (M5 Used in Published Tests)
Account Type	Hedging
Trading Engines	V190 + HedgePro
Default Strategy	Custom Sequence
Default Risk Mode	Custom
Default Fixed Lot	0.01
Default Starting Balance	Approximately $500 or More
Aggressive 1	$10,000+
Aggressive 2	$20,000+
Aggressive 3	Experienced Traders Only
Lot Sizing	Custom / Manual / Auto
Price Difference Guard	$50–$1,000 / Unlimited
Position Age Guard	15–180 Days
Default Position Age	30 Days
Take Profit	Basket-Based
News Filter	MT5 Economic Calendar
Telegram Alerts	Supported
Remote Commands	Supported
Grid Trading	Yes
Martingale	Yes

The deposit amounts above are developer guidance, not a guarantee that the account has sufficient capital for all market conditions.

What’s Included in the Download Package?

•  Experts: Gold Martingale Hedge X.ex5

>>> Join VIP Membership Now <<<

Final Thoughts

Gold Martingale Hedge X EA MT5 is a dual-engine automated gold trading robot combining the V190 signal-based grid strategy with the HedgePro dual-direction hedge system.

With four strategy modes, multiple risk presets, flexible lot sizing, advanced basket profit management, and extensive protection filters, the EA offers a highly customizable solution for traders interested in automated XAUUSD grid trading.

Its Custom Sequence mode allows both trading engines to coordinate automatically, while separate magic numbers ensure that each engine manages its own positions independently.

The EA also provides useful monitoring and control features, including an on-chart dashboard, MT5 push notifications, Telegram alerts, and remote trading commands.

However, Gold Martingale Hedge X EA MT5 uses grid and martingale techniques, which can expose trading accounts to substantial losses during prolonged market trends. Traders should evaluate margin requirements, cumulative position exposure, and potential drawdowns before using the EA with real capital.

For traders who understand the risks of automated grid and hedge strategies, Gold Martingale Hedge X provides a flexible trading framework with multiple configuration and monitoring options.

Two Engines. Multiple Strategies. One Automated Gold Trading System.

Risk Disclaimer: Gold Martingale Hedge X EA MT5 uses grid averaging and martingale techniques. These strategies can generate sequences of small profitable baskets but may also create large accumulated losses, deep drawdowns, margin calls, or complete account loss. All published performance results described in the source material are Strategy Tester backtests, not verified live trading results. Past performance does not guarantee future results. Test on a demo account first and trade only with money you can afford to lose.