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Goldminer is an MT5 expert advisor for XAUUSD on the M5 chart. It looks for momentum impulses and pullbacks, filters them by H1 trend, spread and session, and manages open trades with breakeven, trailing and optional drawdown limits.
Get one message the moment it launches, with its price.
Goldminer is an automated expert advisor for MetaTrader 5 that trades gold against the US dollar (XAUUSD) on the M5 chart. It looks for short bursts of momentum and for pullbacks inside a move, and it manages the resulting trades on its own once it is attached to a chart.
The expert advisor detects price impulses on M5 and uses two entry routes. One reacts to a single strong bar. The other waits for a move built from several bars and then plans an entry on the pullback. An H1 trend filter checks that a signal agrees with the wider direction, and spread and session filters can block entries when conditions look poor.
Open trades can be handled with breakeven, a trailing stop and profit-lock rules. Optional controls cover a daily loss limit, a soft drawdown limit and a hard drawdown limit. An MT5 economic calendar news guard can pause trading around scheduled events. Before sending an order, the program normalises the volume to your broker's rules and checks margin.
It is designed for XAUUSD on M5. Other symbols or timeframes are not what it was built for. Use your broker's actual gold symbol and check for any suffix. Contract size, spread and execution quality vary between brokers, so they can change how it behaves.
| Item | What it does |
|---|---|
| Normal profile | Default reference configuration |
| Safe profile | Lower base risk and stricter signal quality |
| Turbo profile | Higher base risk and more permissive entries |
| Spread and session filters | Limit trading to acceptable conditions |
| Daily loss and drawdown guards | Optional limits; review them before live use |
| News guard | Uses the MT5 economic calendar |
Exact input names and default values can differ, so read the inputs tab in the terminal and test your choices. It is sensible to begin with the Normal profile.
The adaptive sizing can raise exposure substantially after the account grows, which makes this a high-risk tool. Check lot sizes, leverage and your broker's symbol specification before using real money.
Trading carries risk and you can lose part or all of your capital. Strategy Tester results and past results do not predict future ones. Spread, slippage, leverage and commissions can change outcomes. Test on a demo account first.
A hedging account is recommended. Run it in the Strategy Tester and on a demo account before going live.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (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 expert advisor |
| Main market | Gold, XAUUSD |
| Timeframe | M5 chart, with an H1 trend filter |
| Trade style | Momentum and trend, impulse and pullback entries |
| Profiles | Safe, Normal (default), Turbo |
| Account type | Hedging recommended for staged positions |
| External needs | No DLL, web service or third-party data feed |
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It is an MT5 expert advisor and will not load in MetaTrader 4. Use a MetaTrader 5 terminal from your broker.
Attach it to the XAUUSD chart on M5. Brokers often add a suffix or prefix to the symbol name, so open the chart of your broker's real gold symbol and check that it matches the instrument you intend to trade.
A hedging account is recommended so that the staged, multi-position features can work in full. On a netting account those features may behave differently, so test first and check how your broker handles positions.
Normal is the default profile and serves as the reference configuration. Safe uses lower base risk and stricter signal requirements, while Turbo allows higher risk and looser entries. Test any profile in the Strategy Tester and on a demo account before going live.
No. It runs inside MT5 without DLL files, external web services or third-party data feeds. The news guard relies on the economic calendar built into MT5.
Yes. Trading carries risk and past results do not predict future ones. The adaptive position sizing can raise exposure after account growth, so check your risk settings carefully.
Goldminer for mql5
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