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Gold Beast is an MT5 expert advisor that trades XAUUSD on the H1 chart using a basket-based grid with recovery positions, spread limits and optional news and prop firm protection. It is designed to run unattended once configured.
Get one message the moment it launches, with its price.
Gold Beast is an automated grid trading expert advisor for MetaTrader 5, built around one market: gold quoted as XAUUSD. It combines several internal strategies, opens trades only when its entry conditions are met, and handles recovery positions, lot sizing and basket exits on its own.
The EA watches the gold market and opens a position when one of its internal strategies sees the conditions it requires. It does not trade constantly, so quiet spells with no new entries are normal. Each strategy is managed separately, and the EA covers the following tasks without manual input:
Because it uses a grid and recovery approach, several positions may be open in the same direction at once. This can bring drawdown that is larger than the loss on a single trade, so you should understand how the basket behaves before trading live.
Smart Auto Lot is the simplest option. When it is on, the EA calculates the lot from your account and the risk settings you choose. Avoid raising the lot by hand while it is active, since a bigger size raises both potential profit and potential drawdown.
Use one XAUUSD chart on the H1 timeframe. Running it on other symbols or on several charts is not part of the intended setup. Check how your broker names gold and look at its typical spread, because spread limits affect when the EA can enter.
The author supplies recommended preset files. Start with the balanced, moderate preset and backtest it before changing anything. The inputs worth reviewing before live use are listed below.
| Setting area | What to check |
|---|---|
| Smart Auto Lot | Leave on for normal use and avoid manual lot increases |
| Automatic risk level | Compare several levels in the tester, one at a time |
| Account growth goal speed | Faster targets usually mean more exposure, so compare drawdown |
| Maximum spread and slippage | Match them to your broker's typical gold conditions |
| News protection | Optional; backtesting it needs a news data file |
| Prop firm protection | Keep off unless your firm requires it |
Use the MT5 Strategy Tester on XAUUSD H1 with your broker's own history where possible. The 1 minute OHLC model is quicker, and every tick based on real ticks is more detailed. Test across several years rather than a few weeks, and look at net profit, maximum drawdown, trade count, profit factor and the balance and equity curves. Do not pick settings only because one short test shows a higher profit.
Trading carries risk, and past results, including backtests, do not predict future ones. Grid and recovery systems can hold several open positions during adverse moves and may produce deep drawdowns. Test on a demo account first and only trade with money you can afford to lose.
Before going live, run a backtest, then a demo forward test, and only then move to a real account with settings you have checked.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, grid and recovery basket |
| Market | XAUUSD (gold) |
| Timeframe | H1, one chart only |
| Trade direction | Both buy and sell entries |
| Lot sizing | Smart Auto Lot based on account and risk settings |
| Suggested account | Leverage 1:100 or higher; check deposit guidance with your broker |
| Hosting | VPS recommended for continuous operation |
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Attach one copy of the EA to a single XAUUSD chart set to H1. Some brokers name the symbol GOLD or add a suffix, so use whatever your broker offers for spot gold. There is no need to run it on several charts or timeframes.
No. This product is written for MetaTrader 5 and will not run on MT4. Check that your broker account is an MT5 account before you buy.
The author suggests a leverage of at least 1:100 and a deposit in the hundreds of dollars, with a larger balance preferred. Requirements vary by broker and contract size, so check the product's own guidance and test on a demo account before using real funds.
Most users should begin with the recommended preset supplied by the author and run a backtest before touching anything. If you change inputs, alter one at a time, such as the risk level or growth speed, so you can see what each change does to drawdown and recovery behaviour.
A VPS is not mandatory, but the EA only works while MT5 is running, connected and allowed to trade. For round-the-clock operation a VPS is the usual way to keep that going.
The EA has optional prop firm settings, such as visible stop loss and take profit and a minimum hold time. Leave them off unless your firm requires them, and read the firm's rules on automated trading and grid or recovery methods first.
Gold Beast MT5
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