Available soon
Loading product…
Gold Extractor is an MT4 expert advisor for XAUUSD scalping. It combines technical conditions with online bond yield and real yield data, and adds a manual trading panel, a news filter and optional martingale recovery.
Get one message the moment it launches, with its price.
Gold Extractor is an expert advisor for MetaTrader 4 that trades gold against the US dollar (XAUUSD) as a scalper. Besides price-based conditions, it looks at US 10-year Treasury yield data and a TIPS bond ETF used as a real yield proxy, and it ships with a control panel that you can also use for manual trading.
Gold often moves in the opposite direction to nominal bond yields and in the same direction as real yields. The EA uses this relationship as a filter on top of its technical analysis, so that it tries to open scalping trades in line with the prevailing risk mood. Part of the confirmation comes from live online data, which means the behaviour on a live or demo chart can differ from a Strategy Tester run.
The chart panel includes controls for manual orders, an economic calendar, market session times and bond yield data for several major countries. You can enter trades yourself based on what the panel shows and let the EA manage and close them.
The EA is made for XAUUSD only. M15 is the suggested timeframe. Because it scalps, spreads matter a lot, so an ECN or similar low-spread account with 2-digit gold quotes is preferred. If your broker adds a prefix or suffix to the symbol, such as XAUUSD.a, enter the exact name in the inputs.
Exact input names and defaults can change between releases, so read the user guide that comes with your download. These are the areas to check before running it live:
| Area | What to check |
|---|---|
| Symbol name | Prefix or suffix matches your broker |
| Lot size and risk | Fixed or balance-based sizing that suits your account |
| Martingale | Whether it is enabled, the step limit and the drawdown exit |
| Profit and trailing | Auto-close target and trailing behaviour |
| News filter | Source addresses added to the WebRequest list |
Scalping gold means exposure to sudden spikes, wide spreads and slippage around news. Martingale recovery adds to losing positions, so a long adverse move can lead to large drawdowns. Use a demo account first and keep position sizes small.
Trading carries a high level of risk, and past results do not predict future ones. Backtests of this EA are incomplete because its online data and news filter cannot be fully reproduced in the tester.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Gold or XAUUSD, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated, with manual trading panel) |
| Market | Gold, XAUUSD |
| Suggested timeframe | M15 (check the user guide before changing it) |
| Trade style | Scalping, with optional martingale recovery |
| Strategy tags | Gold, support and resistance |
| Account type | ECN or low-spread account with 2-digit gold pricing |
| Requirements | WebRequest enabled for the data and news sources |
No reviews yet. Customers who own Gold Extractor can review it here.
This listing is for MetaTrader 4 only. An MT4 expert advisor cannot be loaded into MetaTrader 5, so check that your terminal is MT4 before buying.
The EA pulls bond yield data, real yield data and news from online sources. In MT4, open Tools, Options, Expert Advisors, tick the option to allow WebRequest for listed URLs and add the source addresses given in the user guide. Without this, the data-driven parts and the news filter will not work.
Yes, but you must enter your broker's exact symbol name, including any prefix or suffix, in the EA inputs. Open the chart of that exact symbol before attaching the EA.
Only partly. A good share of the trade confirmation depends on live online data and a live news filter, and these cannot be reproduced in the Strategy Tester. Test on a demo account first and treat any backtest as incomplete.
Since this is a scalper, a low-spread ECN-type account with 2-digit gold pricing is recommended. The developer's suggestion is a balance of about 500 USD and leverage of 1:400 or higher, but you should confirm current figures in the user guide and size positions to your own risk tolerance.
The martingale is described as a recovery feature with a limit on steps and a drawdown-based exit, so it is configurable. Review the inputs carefully, and consider keeping the step limit low, because martingale methods can increase losses quickly.
Gold Extractor
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT4 tools with a similar focus.
Own Gold Extractor? Sign in to review it.