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Dark Gold is an MT5 expert advisor that scalps gold and other symbols from support and resistance levels, in trend-following or counter-trend mode. Most behaviour is controlled through external inputs.
Get one message the moment it launches, with its price.
Dark Gold is a fully automatic expert advisor for MetaTrader 5 that scalps the market from support and resistance levels. It is aimed mainly at gold (XAUUSD), and it exposes a large set of external inputs so that you can shape its behaviour to your own account and testing.
The advisor looks for price reacting to support and resistance levels. These levels come from a built-in calculation based on the author's Dark Support Resistance logic, so owning the separate indicator is not necessary. As an alternative, you can switch on manual levels and enter your own support and resistance prices.
Support and resistance levels can be enabled separately, and individual levels can be switched on or off for opening trades. The same strategy choice is available for manual levels.
The author targets gold, Bitcoin, EURUSD and GBPUSD, and states that other symbols may work with suitable settings. The best timeframe depends on your configuration. M5, M15 and H1 are mentioned as typical choices, but other timeframes can be used if the inputs are adjusted. The timeframe used for the level calculation is also an input in its own right.
All settings are external inputs. The main groups are listed below. Check the input tab in MetaTrader for the exact names and defaults in the version you download.
| Group | Purpose |
|---|---|
| Magic number | Identifies the orders belonging to this advisor |
| Max spread | Blocks new trades when the spread is wider than your limit |
| Lots | Fixed lot size when money management is off |
| Money management and risk percent | Sizes positions by a percentage of the account |
| Support and resistance options | Level periods, timeframe, which levels to use and strategy choice |
| Manual levels | Your own support and resistance prices and strategy |
| Time filter | Start and stop hour and minute, with optional closing of trades outside the schedule |
Scalping depends on tight spreads and quick execution. An account with low spreads and a low-latency VPS is generally advised. The right deposit and leverage depend on your inputs, so confirm them in testing instead of assuming a figure. Keep risk per trade low and make sure you understand how each option affects position size.
Trading carries risk and losses are possible. Past results, including any backtest, do not predict future ones. Test on a demo account and in the Strategy Tester before using real money.
Before going live, read the author's instructions, run the Strategy Tester with your broker's data and trade on a demo account for a while.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Gold or XAUUSD, Scalping, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Main markets | Gold (XAUUSD); also tested by the author on BTCUSD, EURUSD, GBPUSD |
| Timeframes | Depends on settings; M5, M15 and H1 are commonly used |
| Trade style | Scalping from support and resistance levels |
| Strategy modes | Trend following or counter trend |
| Money management | Fixed lots or percentage risk |
| Requirements | Low-spread (ECN-type) account and a low-latency VPS are advised |
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No. The expert advisor uses the same level logic internally, so you do not have to own the indicator. You can also type your own support and resistance prices in the manual level inputs instead.
Gold (XAUUSD) is the main target. The author also mentions BTCUSD, EURUSD and GBPUSD, and other symbols may work with suitable settings. The best timeframe depends on your inputs, so test M5, M15 and H1 in the Strategy Tester and on a demo account before choosing.
Scalping is sensitive to spread, slippage and execution speed, so an account with low spreads and fast execution is usually preferred, together with a low-latency VPS. Check your broker's gold symbol name, contract size and minimum lot, then use the Max Spread input to avoid trading in wide-spread conditions.
This listing is for MetaTrader 5 only. It will not load on MT4. Check whether a separate MT4 edition is offered before buying if you use that platform.
Copy the expert advisor file into the Experts folder via File, Open Data Folder, MQL5, Experts in MetaTrader 5. Restart the terminal or refresh the Navigator, drag the advisor onto a chart and enable Algo Trading. Full steps are in the installation section of the product page.
No. Trading carries risk, losses are possible and past results do not predict future ones. Test thoroughly on a demo account and in the Strategy Tester, and use a conservative risk setting.
Dark Gold MT5
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