
Blitz Gold EA is an MetaTrader 5 expert advisor built for XAUUSD on the M5 chart. It combines momentum and price action rules with spread, daily loss and drawdown limits, and needs only a lot size and trading hours to start.
Get one message the moment it launches, with its price.
Blitz Gold EA is an automated trading robot for MetaTrader 5 that focuses on one instrument, gold against the US dollar (XAUUSD), on the five-minute chart. It uses a small set of familiar indicators to decide when to enter and when to leave, and it adds protection limits so you can cap spread, daily loss and drawdown.
The robot looks for entries using Stochastic, which measures momentum, and the Momentum indicator, which shows how strong the current move is. Once a trade is open, exits are managed by a mix of Envelopes, Bollinger Bands and pin bar patterns rather than by fixed stop loss and take profit levels. By default the stop loss and take profit inputs are 0, which hands exit control to those indicators. You can switch fixed levels on, but it is sensible to do that only if your own backtests show a benefit.
The author describes the EA as holding one position at a time, without martingale or hedging, and without a grid. This store lists a grid tag for the product, so do not rely on either description alone. Watch the order history in the strategy tester and on a demo account to confirm how many positions it opens on your broker.
The exact list of inputs can differ between builds, so open the input tab after attaching the EA and read each field. The main ones are:
| Input | Purpose |
|---|---|
| Lot size | Position size per trade. The default is 0.10 lots, which may be far too large for a small account. |
| Trading hours | Run all day or limit the robot to chosen hours. |
| Stop loss and take profit | Both at 0 by default so that the indicators close trades. |
| Max spread | Blocks new trades when the spread is wider than your limit. |
| Max daily loss | Limits the loss allowed in one day. |
| Max drawdown | Limits the overall drawdown before the EA stops. |
| Show indicators and statistics | Optional chart display of the indicators, open positions and account protection data. |
No minimum deposit is given here. Work out a lot size from your balance and your own risk limit, and test it before going live.
Execution on gold varies a lot between brokers, particularly spreads, slippage and swap. Run the MT5 strategy tester with the real ticks model on your own broker data, then run the robot on a demo account for a while. Adjust settings based on what you see there rather than on screenshots from other setups.
Trading leveraged products such as gold carries a high level of risk, and you can lose more than you expect. Past results, including backtests, do not predict future ones. Only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Market | Gold, XAUUSD |
| Timeframe | M5 recommended |
| Trade style | Trend and momentum entries, indicator-based exits |
| Default lot size | 0.10 lots; adjust to your account |
| Protection inputs | Max spread, max daily loss, max drawdown |
| Requirements | Algo trading enabled; a broker offering gold on MT5 |
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No. It is an MT5 expert advisor and will not load in MetaTrader 4. You need a broker that offers MetaTrader 5 accounts.
It is designed for gold (XAUUSD) on the M5 chart. Your broker may name the symbol differently, for example with a suffix, so check the exact name in Market Watch before attaching the EA.
The basic setup is the lot size and whether it trades around the clock or only during chosen hours. Stop loss and take profit default to 0 so exits are handled by the indicators. Change them only if your own testing supports it.
It can run on brokers that offer gold on MT5, but execution, spreads and symbol specifications differ. Run a real-ticks test on your own broker and read any prop firm rules on automated trading before using it on a challenge.
The inputs may include a news filter option, but it should not be relied on to pause trading around news. Check the current behaviour in the strategy tester and on a demo account, and manage news risk yourself.
Yes, and you should. Use the MT5 strategy tester with real ticks and a demo account first. Past test results do not predict future ones.
Blitz Gold EA
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