
Golden Mirage is an MT4 expert advisor that trades gold (XAUUSD) on the M5 chart. It combines RSI, a moving average, ADX and high/low levels, with lot sizing, spread and drawdown controls.
Get one message the moment it launches, with its price.
Golden Mirage is an expert advisor for MetaTrader 4 that trades gold against the US dollar (XAUUSD) on the M5 chart. It opens and manages positions automatically, using a mix of momentum and trend filters instead of a single indicator.
The EA looks for entries by combining four ingredients: an RSI reading, a moving average that describes the prevailing trend, ADX to judge whether the market has enough directional strength, and high/low price levels that mark recent extremes. A trade is only considered when these filters agree with each other, which reduces the number of entries taken in unclear conditions.
Positions are opened as market orders. The EA can apply a take profit, special handling for the first order in a sequence, and closing logic tied to the end of a candle. Grid management and buy/sell permissions are available as options, so you can restrict the direction or behaviour to suit your own plan.
The default values are prepared for the recommended symbol and timeframe, so you can attach the EA and review them before changing anything. The inputs fall into these groups:
| Group | What it covers |
|---|---|
| Lot and risk | Auto lot, risk level, scaling for larger balances, magic number |
| Entry filters | RSI, ADX, moving average and high/low level parameters |
| Safety controls | Spread filter, maximum drawdown, daily drawdown, loss cap |
| Schedule and orders | Trading windows, day selection, grid options, buy/sell permissions |
| Exit rules | Take profit, first order rules, end-of-candle closing |
| Interface | Chart display and control panel |
Exact numeric defaults can differ by release, so read the values in the input window rather than relying on any figure quoted elsewhere.
Gold can move sharply, and a short timeframe system is sensitive to spread, slippage and execution speed. Features such as a grid option or auto lot sizing can increase exposure if set aggressively. Decide your risk level before going live, and keep the drawdown settings in line with your account rules.
Trading carries risk, and past or backtested results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Run the Strategy Tester with good quality history and a realistic fixed spread, then forward test on a demo account with your own broker. Check your broker's minimum balance, leverage and FIFO rules, since these affect how the EA behaves.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading robot |
| Main symbol | XAUUSD (gold) |
| Timeframe | M5 |
| Trade style | Trend and momentum signals, market orders, optional grid handling |
| Indicators used | RSI, moving average, ADX, high/low levels |
| Broker needs | Low spread gold quotes; check account type and FIFO rules |
| Suggested balance | Check with your broker; roughly 500 to 1000 USD is typical guidance |
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No. This listing is the MT4 build and runs only in MetaTrader 4. If you use MT5 you need an MT5 edition of the product instead.
The default configuration is prepared for XAUUSD on the M5 chart. Gold symbol names differ between brokers (for example a suffix), so confirm the exact name in your Market Watch before attaching the EA.
The defaults are intended to be usable for backtesting and live trading on the recommended symbol and timeframe. You can change lot sizing, filters, schedule and other options if you wish, ideally after testing on a demo account.
The EA includes maximum drawdown and daily drawdown settings that can help you stay inside account limits. Rules differ between firms, so read your firm's conditions and test the settings on a demo account first.
Spread is the main one, because the EA trades a short timeframe on gold. Choose a broker with low and stable gold spreads, and use the spread filter to avoid entries when costs widen.
Use the Strategy Tester on XAUUSD, M5, with good quality history data. Set a fixed spread that reflects your broker's typical gold spread, since tester results depend heavily on data quality and spread assumptions.
Golden Mirage mt4
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