Goldminer AI MT5 (Official version) | Unbounded

Product Overview

Goldminer AI MT5 is an advanced Artificial Intelligence Expert Advisor for MetaTrader 5, developed primarily for XAUUSD (Gold) trading.

The EA combines Recurrent Neural Networks (RNNs), specifically Long Short-Term Memory (LSTM) cells, with traditional technical analysis to analyze historical market behavior and identify patterns that may be relevant to future price movements.

LSTM networks are designed for time-series analysis because they can process information from both shorter-term and longer-term historical sequences. In Goldminer AI, the neural network is trained using data derived from technical analysis indicators, allowing the system to evaluate which indicator information is more relevant within its learned model.

Beyond its AI-based signal architecture, Goldminer AI features a sophisticated Batch Trading and Recovery Mode. Instead of treating an entry as one large position, the EA can divide an initial entry into multiple smaller trades. Its recovery mechanism can then use profits from additional trades to gradually close losing positions.

The EA also includes extensive risk-management functionality, including maximum account drawdown limits, daily drawdown protection, configurable position sizing, spread filtering, and a high-impact News Filter.

These features make Goldminer AI particularly relevant to traders interested in automated Gold trading with customizable risk controls and Prop Firm-oriented account protection.

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About the Developer

• Author:  Ruben Octavio Gonzalez Aviles.
• Experience: Over +5 years of experience on MQL5.
• Notable Products: Goldminer AI MT5, Goldminer AI MT4, Gapscalper AI EA MT5, Deeptrader AI MT5, Sydney MT5 and other advisors.
• Flagship Product: Goldminer AI 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 <<

Main Features of Goldminer AI MT5

AI-Powered LSTM Neural Network

Goldminer AI MT5 uses a Recurrent Neural Network (RNN) architecture based on Long Short-Term Memory (LSTM) cells.

The model is trained using historical information derived from technical-analysis indicators and is designed to process sequential market data.

Key characteristics include:

• LSTM-based neural network architecture
• Historical time-series analysis
• Technical-indicator-based training data
• Short- and long-term sequence processing
• AI-assisted market pattern analysis
• Automated trading decisions based on the trained model

The neural network does not guarantee the direction of future prices. Instead, it provides the analytical foundation used by the EA’s trading logic.

Dynamic Lot Sizing

Goldminer AI MT5 supports several position-sizing methods.

Traders can select between:

• Balance-based calculation
• Equity-based calculation
• Fixed lot sizing

The Max Risk Percentage parameter can also be used to define the maximum risk allocated to the initial trade batch.

This allows the EA’s exposure to be adjusted according to account size and selected risk parameters.

Drawdown Limiters

One of Goldminer AI’s major risk-management components is its configurable Drawdown Limiter.

The EA can monitor:

• Maximum account drawdown
• Maximum daily drawdown

The main Prop Firm-oriented settings include:

• Initial Account Size
• Max Account Drawdown
• Max Daily Drawdown

These controls are designed to help prevent trading activity from exceeding predefined drawdown thresholds.

They can be particularly useful when operating under trading conditions where daily and overall drawdown limits are important.

Batch Trading

Instead of opening one large position, Goldminer AI can divide an entry into multiple smaller trades.

The number of trades opened in each batch can be configured through:

Number of Trades per Batch

Batch execution provides greater flexibility in managing individual positions and can work together with the EA’s recovery and trailing-profit mechanisms.

Recovery Mode

Goldminer AI MT5 includes an optional Recovery Mode designed to manage losing trade batches.

When an initial position or batch moves into loss, the EA can open additional recovery trades according to configured conditions.

The recovery system includes:

• Maximum recovery batches
• Recovery trade distance
• Percentage of profits allocated to recovery
• Recovery lot multiplier

The objective is to use profits generated by subsequent trades to gradually close losing positions one by one.

The recovery methodology is described as being based on Fibonacci Retracement theory.

Importantly, recovery trading increases exposure and therefore should not be interpreted as eliminating losses or guaranteeing recovery.

Trailing Profit Mode

Goldminer AI MT5 supports a trailing profit mechanism designed to participate in larger favorable price movements.

After the configured initial Take Profit condition is reached, the EA can activate trailing profit management according to the selected settings.

This feature can also be used together with Recovery Mode.

Fixed Stop Loss

Every position is opened with a predefined Stop Loss.

The Stop Loss provides a defined exit level if the market moves against the position.

The relevant parameter is:

Stop Loss (pips)

The value can be customized, although the supplied documentation recommends keeping the default settings that were used during the developer’s extended testing.

News Filter

Goldminer AI MT5 includes an integrated economic-news filter designed to prevent new trades around selected high-impact events.

Available settings include:

• News Filter On/Off
• Event Impact to Filter
• Minutes before an event
• Minutes after an event

This can help reduce new entries during periods when major economic announcements may produce unusually high volatility or spread expansion.

Spread Protection

The EA includes a configurable:

Max Spread (points)

If the current spread exceeds the configured threshold, the EA will not open a new trade.

This provides an additional execution filter during unfavorable spread conditions.

How Does Goldminer AI EA MT5 Work?

Goldminer AI MT5 combines neural-network analysis with automated trade and risk management.

Step 1 – Analyze Historical Market Data

The underlying neural-network model is trained using historical market information derived from technical-analysis indicators.

The LSTM architecture is designed to process sequential data and retain relevant information from previous observations.

Step 2 – Analyze Current Market Conditions

During operation, the EA evaluates the current XAUUSD environment according to its trained model and trading logic.

The system uses its learned relationships within the input data to determine whether trading conditions satisfy its entry criteria.

Step 3 – Create an Initial Trade Batch

When a valid trading condition occurs, Goldminer AI can divide the entry into multiple smaller positions instead of opening a single position.

For example, the number of trades per batch can be configured through the Number of Trades per Batch setting.

Step 4 – Apply Risk Management

Before and during trading, the EA applies its configured risk controls, including:

• Account drawdown limit
• Daily drawdown limit
• Maximum risk percentage
• Lot-size calculation
• Maximum spread filter
• Stop Loss

Step 5 – Manage Profitable Positions

Depending on the selected Take Profit mode, positions can use:

• Fixed Take Profit
• Trailing Take Profit

Trailing Profit Mode is designed to allow profitable trades to remain open while favorable price movement continues.

Step 6 – Activate Recovery if Required

If an initial trade batch moves into an unfavorable position and Recovery Mode is enabled, the EA can open additional recovery batches according to the configured recovery distance and lot multiplier.

Profits from subsequent trades can then be used to gradually close losing positions.

Step 7 – Continue Monitoring Risk

The EA continuously monitors the account and daily drawdown conditions.

If configured drawdown limits are reached, the Drawdown Limiter can restrict further trading activity according to its settings.

Why Choose Goldminer AI EA MT5?

LSTM-Based Market Analysis

Goldminer AI MT5 uses an LSTM neural-network architecture rather than relying solely on conventional indicator rules.

Its model is designed specifically for sequential market data, where both recent and historical observations can be relevant.

Built Around XAUUSD

The neural network was trained using historical market movements of XAUUSD (Gold).

The supplied documentation identifies XAUUSD as the primary market for which the model was developed, while other currency pairs can be tested experimentally.

Advanced Recovery Architecture

The Batch Trading and Recovery Mode gives traders more granular control over how positions are managed.

Instead of treating a losing position as one unit, the recovery architecture can use multiple smaller trades and attempt to offset losses progressively using profits from additional positions.

Prop Firm-Oriented Risk Controls

Goldminer AI MT5 provides dedicated account and daily drawdown settings, allowing users to define maximum acceptable drawdown thresholds.

This can be useful for traders operating under external account rules, although compliance with any specific Prop Firm’s rules must always be verified independently.

Extensive Customization

The EA provides a wide range of configurable parameters covering:

• Lot sizing
• Risk percentage
• Batch size
• Stop Loss
• Take Profit
• Trailing profit
• Recovery
• Maximum spread
• News filtering
• Drawdown protection

This allows the system to be adapted to different account sizes and risk-management preferences.

Goldminer AI MT5 Performance Review

🟢Signal Results

🔺XAUUSD pair – 14 consecutive weeks of trading:

• Initial Deposit: $193.67
• Growth Rate: +256%
• Win Rate (% of total): 94.10%
• Maximum Drawdown: 39.8%

Performance and Risk Management

Goldminer AI MT5 was developed using a neural-network training and testing process covering a historical period from January 1, 2010 through June 2023, according to the supplied product documentation.

The developer also states that the EA was forward-tested through September 2024.

For the referenced backtest, the recommended configuration includes:

Parameter	Setting
Symbol	XAUUSD
Timeframe	Any chart timeframe
Internal Timeframe	M5
Modelling	Every Tick Based on Real Ticks
Alternative Modelling	1-Minute OHLC
Recommended Deposit	$200+
Leverage	Any

Although the EA can be attached to any timeframe chart, its trading logic operates internally using the M5 timeframe.

Important Backtest Considerations

The stated historical testing period provides a substantial sample for evaluating the developer’s methodology, but historical results are not a guarantee of future performance.

Real-world results can differ because of:

• Broker pricing
• Spread
• Commission
• Slippage
• Liquidity
• Execution speed
• Account type
• Trading conditions
• Risk settings
• Recovery parameters

The neural-network model’s historical training also does not guarantee that future market behavior will resemble the data on which the model was developed.

Risk Management Components

Goldminer AI MT5 provides several layers of configurable risk control:

Drawdown Limiter

Controls maximum account and daily drawdown according to the user’s settings.

Maximum Risk Percentage

Defines the maximum risk allocated to the initial trade batch.

Stop Loss

Each position starts with a predefined Stop Loss.

Maximum Spread

Prevents new trades when the current spread exceeds the configured threshold.

News Filter

Can restrict new entries around selected economic events.

Recovery Limits

The maximum number of recovery batches can be configured, helping place a defined upper boundary on the recovery process.

Weaknesses and Risk Warnings

Recovery Mode Can Increase Exposure

Recovery Mode is one of the most complex components of Goldminer AI. Although it is designed to use profits from additional trades to gradually offset losing positions, opening additional recovery trades can increase total market exposure.

A recovery system should therefore not be considered equivalent to a guaranteed loss-recovery mechanism.

Recovery Lot Multiplier Requires Careful Configuration

The Recovery Lot Multiplier affects the position size of recovery trades. Higher multipliers can increase exposure significantly if the market continues moving against the strategy.

Conservative configuration is recommended when initially testing this feature.

Gold Can Be Extremely Volatile

XAUUSD can experience rapid price movements around:

• Central-bank announcements
• Inflation data
• Employment reports
• Interest-rate decisions
• Geopolitical developments
• Major economic news

Such conditions can produce slippage and spread expansion.

Drawdown Limiters Do Not Eliminate Market Risk

Drawdown controls can restrict trading after predefined thresholds are reached, but they cannot prevent losses from occurring before the protection is triggered.

Extreme market conditions can also result in execution differences.

AI Does Not Guarantee Prediction Accuracy

The use of an LSTM neural network does not mean the EA can predict future Gold prices with certainty.

Financial markets are non-stationary, and relationships learned from historical data may weaken or change in future market environments.

News Filter Limitations

The News Filter can prevent new entries around configured events, but it does not eliminate exposure from existing positions unless the EA’s specific logic provides otherwise.

Unexpected news or rapid price movements outside the configured filter window can still affect open trades.

Prop Firm Compatibility Is Not Guaranteed

Although the EA includes account and daily drawdown controls designed to help manage predefined risk limits, no EA can guarantee compliance with every Prop Firm.

Each firm may have different rules concerning:

• Maximum daily loss
• Maximum overall drawdown
• Floating drawdown
• News trading
• Overnight positions
• Weekend trading
• Lot sizes
• Trading frequency
• Recovery strategies

Always verify the specific rules of the Prop Firm before deployment.

Past Performance Is Not Future Performance

Backtests, forward tests, and historical trading results are not guarantees of future returns.

Always test Goldminer AI MT5 on a demo account before using it with real capital.

Pros and Cons

Pros

• AI-based automated trading system
• LSTM Recurrent Neural Network architecture
• Designed primarily for XAUUSD
• Internal M5 trading logic
• Dynamic lot sizing
• Balance, equity, or fixed-lot calculation
• Configurable maximum risk percentage
• Account drawdown limiter
• Daily drawdown limiter
• Prop Firm-oriented risk controls
• Batch Trading functionality
• Optional Recovery Mode
• Configurable recovery batches
• Recovery lot multiplier
• Fixed or trailing Take Profit
• Fixed Stop Loss
• Integrated News Filter
• Maximum spread protection
• Highly customizable parameters
• Can be attached to any chart timeframe
• Forward-testing period stated through September 2024

Cons

• Recovery Mode can increase total market exposure
• Recovery lot multiplier requires careful risk management
• AI models can behave differently as market conditions change
• XAUUSD can experience extreme volatility
• Slippage and spread widening can affect live results
• News filtering cannot eliminate all event-related risk
• Prop Firm compatibility depends on each firm’s specific rules
• Historical training and backtest results cannot guarantee future performance
• Extensive configuration may require careful testing and optimization

How to Install Goldminer AI EA MT5

Step 1 – Download the EA

Download the Goldminer AI MT5 package and locate the Expert Advisor file, typically in .ex5 format.

Step 2 – Open MetaTrader 5

Launch MetaTrader 5 on your trading computer or VPS.

Step 3 – Open the Data Folder

In MT5, select:

File → Open Data Folder

Then navigate to:

MQL5 → Experts

Step 4 – Copy the EA

Copy the Goldminer AI .ex5 file into the Experts folder.

Step 5 – Restart or Refresh MT5

Return to MetaTrader 5 and refresh the Navigator panel, or restart the platform.

The EA should appear under:

Navigator → Expert Advisors

Step 6 – Open XAUUSD

Open an XAUUSD chart.

Although the EA can be attached to any timeframe chart, its trading logic internally uses the M5 timeframe.

Step 7 – Attach Goldminer AI

Drag the EA onto the XAUUSD chart.

Step 8 – Enable Algo Trading

Make sure Algo Trading is enabled in MetaTrader 5.

Allow automated trading permissions when prompted.

Step 9 – Configure Risk Parameters

Before starting, carefully review:

• Drawdown Limiter
• Initial Account Size
• Max Account Drawdown
• Max Daily Drawdown
• Lot Calculation Method
• Max Risk Percentage
• Number of Trades per Batch
• Stop Loss
• Take Profit
• Max Spread
• Max Recovery Batches
• Recovery Trades Distance
• Recovery Lot Multiplier
• News Filter

Particular attention should be given to the Recovery Settings, because additional recovery positions can increase exposure.

Step 10 – Demo Test

Run the EA on a demo account first and evaluate its behavior under your broker’s actual:

• Spread
• Commission
• Execution
• XAUUSD contract specifications
• Leverage
• Liquidity conditions

For continuous automated operation, a reliable VPS is recommended.

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Final Thoughts

Goldminer AI MT5 is an advanced automated Gold trading system that combines LSTM neural-network analysis, traditional technical indicators, batch execution, recovery management, and configurable risk controls.

Its most distinctive features are the LSTM-based analytical architecture and the ability to divide entries into multiple smaller trades, while its Recovery Mode can attempt to gradually offset losing positions using profits from additional trades.

The EA also provides several tools for structured risk management, including account and daily drawdown limiters, automatic lot sizing, fixed Stop Losses, maximum-spread protection, and a News Filter. These features can be particularly relevant when managing accounts with defined risk limits.

However, the Recovery Mode introduces additional exposure and should be evaluated carefully. Likewise, the use of artificial intelligence and historical neural-network training does not guarantee accurate future market predictions.

The developer’s documentation states that the neural network was trained and tested using historical XAUUSD data from 2010 through June 2023, with forward testing reported through September 2024. These results should be treated as historical evidence for evaluation rather than a guarantee of future returns.

For traders considering Goldminer AI MT5 , thorough demo testing, conservative risk configuration, and careful evaluation of recovery exposure are essential before deploying the system on a live account.