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GOLD ripper pro is an MT5 expert advisor that trades with the trend on XAUUSD and other liquid markets. It uses a higher-timeframe EMA filter, an optional ATR stop-loss and Paroli position sizing.
Get one message the moment it launches, with its price.
GOLD ripper pro is a fully automated expert advisor for MetaTrader 5. It is built mainly for gold (XAUUSD) and trades in the direction of the prevailing trend, as defined by an exponential moving average on a higher timeframe. Position sizing follows a Paroli (anti-Martingale) model instead of adding size after losses.
The EA first looks at a higher-timeframe EMA that you select. If price is above that average, it considers buy trades only. If price is below it, it considers sell trades only. This filter is meant to keep the EA from trading against the larger move.
Each trade gets a take-profit level calculated automatically. The stop-loss can optionally be based on ATR, so the distance widens when the market is volatile and narrows when it is quiet. A spread filter holds back entries when the cost of trading is unusually high, which matters on gold during news or rollover.
This approach lets position size grow during winning streaks while limiting exposure after losses. It does not make losses impossible, and a streak of wins followed by a loss can still be costly at the larger size.
XAUUSD is the main target. The description also mentions major forex pairs, indices and other liquid CFD markets. Symbol names, contract sizes and spreads differ between brokers, so test each symbol separately. The exact chart timeframe and the higher-timeframe EMA settings should be checked in the input panel and tuned in the Strategy Tester before live use.
Exact default values are not listed here, so review each input after attaching the EA to a chart. The main areas are:
| Setting area | What to check |
|---|---|
| Higher-timeframe EMA | Timeframe and period used for the trend filter |
| Stop-loss | Whether the ATR-based stop is on, and its period and multiplier |
| Take profit | How the automatic target is calculated |
| Paroli sizing | Starting lot, step after a win, and any cap |
| Spread filter | Maximum spread allowed for new entries |
| Maximum open trades | Limit on simultaneous positions |
| Magic number | Unique ID so the EA does not mix with other EAs |
Trading leveraged products such as gold CFDs carries a high level of risk and may not suit everyone. Past results do not predict future ones. Test on a demo account first and only risk money you can afford to lose.
Pay attention to the Paroli step size and the maximum number of open trades, since together they decide how large exposure can become after several wins.
If you plan to run it around the clock, a VPS with a stable connection helps keep the terminal online.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Main market | XAUUSD (gold) |
| Other markets | Liquid forex pairs, indices and CFDs; test before use |
| Trade style | Trend following with higher-timeframe EMA filter |
| Money management | Paroli (anti-Martingale), resets after a loss |
| Risk controls | Optional ATR stop, spread filter, max open trades |
| Requirements | MT5 terminal with algo trading enabled; VPS optional |
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No. This is an MT5 expert advisor and will only run in MetaTrader 5. It cannot be loaded into MT4, which uses a different file format and trading model.
It is designed mainly for XAUUSD, so start there. The description also lists major forex pairs, indices and other liquid CFDs, but gold symbol names differ between brokers, so check your broker's exact symbol and test any other market on a demo account first.
No. It uses Paroli (anti-Martingale) sizing. The lot size rises only after winning trades and returns to the starting size after a loss. This does not remove risk, because a run of wins can still be followed by losses that give back earlier gains.
Download the file, open MT5, choose File then Open Data Folder, and copy the expert file into MQL5/Experts. Restart the terminal or refresh the Navigator, drag the EA onto a chart, and enable algo trading in the terminal and in the EA properties.
No minimum deposit is given here. Check the product page and run a demo or Strategy Tester session to see how the lot sizing and drawdown behave with your account size, leverage and broker spreads.
Yes. Like most expert advisors it needs the terminal to stay open and connected to work continuously, so a VPS is a common choice. A normal computer works too if it stays on and online.
GOLD ripper pro
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