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Real Gold Hunter is an MT5 expert advisor built mainly for XAUUSD. It places single orders with a stop loss and take profit, and adds spread, session and daily loss filters plus an on-chart panel.
Get one message the moment it launches, with its price.
Real Gold Hunter is an automated expert advisor for MetaTrader 5 that focuses on gold (XAUUSD). It reads price structure to pick entry zones and manages every position with preset protective orders and a handful of safety filters.
The EA follows a price action approach. It looks at how the market is moving, estimates where an entry makes sense and then opens a single order for that opportunity. The author states that it does not scale lot sizes after losses and does not pile up unhedged positions. Because the store also tags it as a grid product, confirm the actual position behaviour in the Strategy Tester before you rely on that description.
The main target is XAUUSD, and the author also mentions BTCUSD. Major forex pairs, index CFDs and other metals are listed as secondary options, but they need their own testing. The author does not set a single required timeframe, saying the logic is meant to cope with different volatility conditions, so compare several timeframes in the tester and keep the one that behaves acceptably on your broker's data.
Exact input values are not given here, so review the input list in the EA's properties window. The areas below are the ones to look at first.
| Area | What to check |
|---|---|
| Position size | Fixed lot or percentage of equity; match it to your balance and tolerance for loss |
| Stop loss and take profit | Distances suited to gold's volatility on your broker |
| Break-even and trailing | Trigger and step distances |
| Maximum spread | Limit compared with your broker's typical gold spread |
| Session hours | Broker server time, not your local time |
| Daily loss limit | Threshold in money or percent, depending on the input |
The author notes that the built-in defaults are baseline placeholders rather than tuned values. Test them yourself and contact the author if you want a preset as a starting point.
Trading leveraged products such as gold carries a high level of risk, and you can lose more than you expect. Backtest results use past data and do not predict future results. Live outcomes depend on spread, slippage and execution speed at your broker. Test on a demo account first and only use money you can afford to lose.
A VPS with low latency is advisable for continuous operation. Use the Strategy Tester with your own broker's history before going live.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, price action based |
| Main markets | XAUUSD; BTCUSD also mentioned by the author |
| Other markets | Major forex pairs, index CFDs and metals (test before use) |
| Trade style | Single order per setup with fixed stop loss and take profit |
| Risk sizing | Fixed lots or percentage of equity |
| Account type | Low-spread ECN or raw spread account preferred |
| Hosting | Low-latency VPS suggested for round-the-clock running |
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No. This product is written for MetaTrader 5 and will not load on MT4. Check that your broker offers an MT5 account with gold quotes before buying.
The defaults should be treated as starting values, not tuned for live trading. Run your own tests in the MT5 Strategy Tester on your broker's data, then trade a demo account, before risking real money. Ask the author about a recommended preset file if you want a reference set of inputs.
The author describes it as opening one order per setup, without lot multiplication or stacked recovery trades. The store also lists a grid tag for it, so open the Strategy Tester visual mode and the journal to confirm how many positions it holds at once on your symbol and settings.
Gold is sensitive to spread and slippage, so a low-spread ECN or raw spread account is the usual recommendation. Symbol names differ between brokers, for example XAUUSD with a suffix, so check that the EA recognises your symbol. There is no minimum deposit confirmed here; check lot sizes and margin on your own account.
It is not mandatory, but the EA is meant to run continuously. A VPS with stable connectivity reduces the chance of missed signals caused by a computer going to sleep or losing its connection.
Copy the expert file into the Experts folder via File, Open Data Folder, MQL5, Experts in MT5. Refresh the Navigator or restart the terminal, drag the EA onto an XAUUSD chart, and enable algorithmic trading.
Real Gold Hunter
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