Available soon
Loading product…
GOLD Phantom X is an MT5 expert advisor built for XAUUSD on the 30-minute chart. It has a news filter, several lot-sizing modes, a trailing stop, an equity drawdown limit and four stop loss methods.
Get one message the moment it launches, with its price.
GOLD Phantom X is an automated trading robot for MetaTrader 5 that is designed around one instrument: gold quoted against the US dollar (XAUUSD). It opens and manages trades on its own, and it gives you a set of inputs for news avoidance, position sizing, stop loss placement and account protection.
The author describes the logic as adaptive and data driven, reacting to gold's volatility, trend strength and volume behaviour. The exact entry rules are not published in detail, so treat the EA as a black box whose behaviour you should observe before relying on it. The product is tagged as trend and volume oriented. Sources differ on whether it ever stacks several positions in a grid-like way, so watch on a demo account how many positions it holds at once and how it behaves when price moves against a trade.
When the filter is switched on, the EA stops opening new trades around scheduled economic events. You pick the minimum impact level (low, medium or high) and set the number of minutes to pause before and after each event. The data comes from the economic calendar built into MT5, so no external web addresses are needed.
Each trade can use a stop loss based on recent swing highs and lows, on the average range, on the maximum recent range, or on a fixed number of points. The take profit is set as a multiple of the stop distance, so a coefficient of 2.0 places the target twice as far away as the stop. An optional trailing stop follows price by a percentage level, and an equity drawdown limit stops new entries once the chosen loss is reached. Setting that limit to 0 turns it off.
The default values are not listed here, so check the Inputs tab after attaching the EA and compare it with any preset file that comes with your download.
| Input | Purpose |
|---|---|
| News Enable | Turns the news filter on or off |
| News Importance | Minimum impact level that triggers the filter |
| News Minutes Before / After | Pause window around each event |
| Risk (lot) and Risk Mode | Base value and method for position sizing: default, fixed volume, minimum lot, or percent of equity, balance, free margin or credit |
| Trailing Stop and Level (%) | Enables trailing and sets how closely it follows price |
| Equity Drawdown Limit (%) | Stops new trades after the set drawdown; 0 disables it |
| SL Type and SL Deviation (Points) | Stop loss method and its distance or adjustment |
| TP Coefficient for SL | Take profit as a multiple of the stop loss |
Trading leveraged products such as gold carries a high level of risk, and you can lose more than you expect. Past results, including any shown on a product page, do not predict future ones. Start on a demo account, use a lot size you can afford, and do not rely on any single setting to limit losses.
For continuous operation, run the terminal on a VPS, and run it on a demo account for the first one to two weeks to check how it works with your broker.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Grid, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading robot (Experts) |
| Main market | XAUUSD (gold against the US dollar) |
| Recommended timeframe | M30 |
| Trade style | Trend and volume based entries on gold |
| News handling | Optional filter using the built-in MT5 economic calendar |
| Risk controls | Risk modes, trailing stop, equity drawdown limit, SL and TP settings |
| Requirements | Algo trading enabled, stable connection, VPS suggested for 24/5 running |
No reviews yet. Customers who own GOLD Phantom X can review it here.
No. This listing is for the MetaTrader 5 version only. An MT5 expert advisor cannot be loaded into MT4, so make sure your broker offers MT5 and that you have an MT5 account before buying.
The author recommends XAUUSD on the M30 chart. Some brokers add a suffix or prefix to the gold symbol, so check the exact name in your Market Watch window and attach the EA to that chart.
The author states that a VPS is needed for the EA to run around the clock. A VPS keeps the terminal online without interruption, which matters for any robot that manages open positions. A home computer that sleeps or loses its connection can cause missed actions.
Copy the expert file into the MQL5/Experts folder through File, Open Data Folder in MT5. Restart the terminal or refresh the Navigator, drag the EA onto an XAUUSD M30 chart and enable Algo Trading. If a settings preset is included in your download, load it from the Inputs tab.
Yes. The author suggests running it on a demo account for the first one to two weeks to see how it behaves with your broker's spreads, execution and gold symbol. Trading carries risk and past results do not predict future ones.
No. It uses the economic calendar that is built into MT5, so you do not need to add URLs to the allowed list. You choose whether it is on, the minimum importance level, and how many minutes before and after an event new trades are blocked.
GOLD Phantom X
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 MT5 tools with a similar focus.
Own GOLD Phantom X? Sign in to review it.