STRIKE GOLD EA MT5 v1.30 with SetFiles | Unbounded

What is STRIKE GOLD EA MT5?

STRIKE GOLD EA MT5 is a fully automated Gold trading Expert Advisor developed specifically for MetaTrader 5 traders who value simplicity, disciplined risk management, and automated trade protection. Designed exclusively for XAUUSD, the EA combines dynamic risk-based position sizing, automatic break-even functionality, slippage control, and intelligent trade management to deliver a streamlined trading experience. With its beginner-friendly setup and focus on capital preservation, STRIKE GOLD EA MT5 provides a practical solution for traders seeking hands-free Gold trading while maintaining structured risk control and consistent execution.

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Main Features of STRIKE GOLD EA MT5

• Dynamic Risk-Based Position Sizing: Automatically calculates lot sizes based on a predefined percentage of account risk.
• Automatic Break-Even Protection: Moves stop loss into profit territory once predefined conditions are met.
• Gold-Specific Trading Logic: Optimized exclusively for XAUUSD market behavior and volatility characteristics.
• Fixed Lot Trading Mode: Allows traders to use a constant lot size for consistent trade volume control.
• Automated Trade Execution: Identifies, opens, manages, and closes trades without manual intervention.
• Slippage Protection System: Controls execution quality by limiting unfavorable price deviations during order placement.
• Magic Number Trade Management: Separates EA positions from manual trades and other automated systems.

Additional Features

• Beginner-Friendly Configuration: Requires only a few simple settings to start trading efficiently.
• Automatic Position Monitoring: Continuously tracks open trades and market conditions in real time.
• Adaptive Account Growth Management: Position sizes scale automatically as account equity changes.
• Profit Protection Mechanism: Helps secure gains by reducing exposure once trades move into profit.
• Flexible Risk Settings: Supports both percentage-based and fixed-lot money management approaches.
• Fully Automated Workflow: Handles trade analysis, execution, protection, and exit management automatically.
• Broker Compatibility: Designed to work across various MT5 brokers with adjustable execution parameters.

Why Choose STRIKE GOLD EA MT5?

• Simple Yet Effective Design: Delivers professional risk management without overwhelming traders with complex settings.
• Strong Capital Protection Focus: Prioritizes controlled risk exposure through break-even and position-sizing features.
• Optimized for Gold Trading: Built specifically to handle the volatility and unique behavior of XAUUSD.
• Automatic Risk Adjustment: Adapts trade volume dynamically according to account balance and selected risk percentage.
• Hands-Free Trading Experience: Ideal for traders seeking fully automated market participation.
• Suitable for Multiple Account Sizes: Can be used on both small and larger trading accounts with flexible lot management.
• Balanced Approach to Automation: Combines ease of use, trade protection, and disciplined execution for long-term trading consistency.

STRIKE GOLD EA MT5 Backtest Results

🔺XAUUSD (Gold) –  over many years

• Initial Deposit: $500
• Total Net Profit: $14.391 million
• Win Rate (% of total): 99.50%
• Maximum Drawdown: 9.49%

STRIKE GOLD EA MT5 Backtest

What’s Included in the Download Package?

• Experts: STRIKE GOLD EA v1.30.ex5
• SetFiles: Gold_Autolot_Low.set

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How To Set Up EA

🔺Setting up STRIKE GOLD EA MT5 is simple and designed to provide safe, automated Gold trading with effective risk management and profit protection.

Settings

Step 1: Configure Risk Management

🔺Enable Risk-Based Lot Sizing by setting:

• UseRiskPercent = True
• Risk Percent = 1%

🔺This allows the EA to automatically calculate trade volume based on your account balance and selected risk level.

Step 2: Set Fixed Lot Size (Optional)

🔺For traders who prefer manual position sizing, use:

• Lot Size = 0.01

🔺The EA will use a fixed trading volume instead of dynamic risk-based calculations.

Step 3: Enable Break-Even Protection

🔺Activate the built-in profit protection feature:

• UseBreakeven = True
• Breakeven Buffer = 2 Points

🔺This automatically moves the stop loss to a protected level once the trade reaches predefined profit conditions.

Step 4: Configure Trade Execution

🔺Use the following settings:

• Magic Number = 2021
• Slippage = 10 Points

🔺These parameters help ensure proper trade identification and stable order execution across different MT5 brokers.

➡️Step 5: Start Automated Trading

🔺Attach STRIKE GOLD EA MT5 to an XAUUSD chart, verify all settings, enable AutoTrading, and allow the EA to analyze, execute, and manage trades automatically.

Recommended Configuration Summary

• Risk-Based Position Sizing: Enabled
• Risk Per Trade: 1%
• Fixed Lot Size: 0.01
• Break-Even Protection: Enabled
• Break-Even Buffer: 2 Points
• Magic Number: 2021
• Slippage: 10 Points

🔺With these recommended settings, STRIKE GOLD EA MT5 can effectively combine dynamic risk management, automatic break-even protection, and intelligent trade execution to deliver a disciplined and fully automated Gold trading experience on MetaTrader 5.

Conclusion

In summary, STRIKE GOLD EA MT5 is a user-friendly and fully automated Gold trading Expert Advisor designed to provide disciplined execution, effective risk management, and consistent trading performance on XAUUSD. By combining dynamic risk-based position sizing, automatic break-even protection, slippage control, and intelligent trade management, the EA helps traders participate in the Gold market while maintaining strong capital protection. Its simple setup, flexible money management options, and fully automated workflow make it suitable for both beginners and experienced traders seeking a hands-free trading solution. Optimized specifically for Gold trading, STRIKE GOLD EA MT5 offers a balanced approach that prioritizes account safety, trading efficiency, and long-term consistency in changing market conditions.

>>> Reviewed by Jason Stap <<<