
The Gold Phantom is an MT5 expert advisor that trades breakouts of support and resistance levels on gold (XAUUSD). It runs several internal strategies across H1, H4 and daily timeframes, with adjustable trade frequency and a drawdown limit.
Priced in US dollars, paid in crypto. The download is in your account as soon as the payment is confirmed. All sales are final; if the tool doesn't work as described, we fix it.
The Gold Phantom is an expert advisor for MetaTrader 5 that focuses on one idea: trading breakouts of support and resistance levels on gold. It is built for XAUUSD and runs on a single H1 chart while drawing on several timeframes.
The EA contains a group of independent strategies. Each one looks for price moving through a significant level and places pending orders around it. Several confirmation rules are applied before an order is placed, and because the strategies are separate, the trades are not all driven by one signal.
Every position carries a fixed stop loss and take profit from the start. Trailing logic then moves the stop and the target as price develops, with the aim of limiting loss early and allowing a trade to continue when the move holds. Lot size and trade frequency can adapt to your account balance and to the maximum drawdown you allow.
Gold often moves sharply around key levels, which is why breakout methods are commonly applied to it. The same volatility also means spreads and slippage can widen, so execution quality at your broker matters.
Exact defaults can differ between builds, so open the input tab and read each description before running the EA live. The main inputs are listed below.
| Input | Purpose |
|---|---|
| Show info panel | Displays an information panel on the chart; a scaling option helps on very high resolution screens. |
| Update panel during testing | Leave off for faster backtests. |
| Trade frequency | Automatic by default, or a manual level from conservative to intense. |
| Max allowed drawdown | Used with the balance to size trades and pick the frequency in automatic mode. |
| Maximum allowed spread | Limits the spread at which pending orders may be placed. |
| Friday stop hour | Stops trades being held over the weekend; a value of 25 disables it. |
| Set SL and TP after entry | For brokers that do not accept pending orders with SL and TP attached. |
| Use virtual expiration | For brokers that do not allow expiry on pending orders. |
| Randomisation | Varies entries, exits and trailing values slightly so accounts at the same broker do not mirror each other. |
| Base magic number | Identifies the EA's orders; change it if you run more than one instance. |
Trading leveraged products such as gold carries a high level of risk, and you can lose more than you expect. Backtests and past results do not predict future ones. Test on a demo account first, and only trade with money you can afford to lose.
Before going live, run the strategy tester on XAUUSD with your own broker's data and confirm the spread and order settings suit your account.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Gold or XAUUSD, Signals, Support and resistance, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Available |
| Version | 1..12 |
| Last updated | 28 Oct 2026 |
| Download size | 200 KB |
| Category | Expert advisor (automated trading) |
| Market | Gold, XAUUSD |
| Chart timeframe | H1 chart; strategies draw on H1, H4 and daily |
| Trade style | Support and resistance breakouts using pending orders |
| Risk controls | Max allowed drawdown input, fixed SL and TP, trailing stops |
| Account balance | Developer suggests 300 USD minimum, 1000 USD or more preferred |
| Requirements | Algo trading enabled; broker with XAUUSD on MT5 |
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No. This listing is the MetaTrader 5 build and cannot be loaded in MetaTrader 4. Make sure your broker account runs on MT5 before buying.
It is designed for gold, XAUUSD, on an H1 chart. The strategies inside it look at H1, H4 and daily levels, so you only need one chart. Check that your broker's gold symbol name matches, as some add a suffix.
The developer states an absolute minimum of 300 USD and suggests 1000 USD or more. Treat these as starting points only. Check contract size, leverage and spread at your broker, and test on a demo account first.
No. The default is an automatic mode that uses your account balance and your chosen maximum drawdown to pick a frequency. You can also select a level manually. If you use a fixed starting lot size, set the frequency manually as well.
The inputs include randomisation, a spread limit and a Friday stop hour, which some traders find useful for firm rules. Rules differ between firms, so read yours carefully. No result is assured, and trading carries risk.
There are two inputs for that case: one places stop loss and take profit after the order is entered, and another uses a virtual expiration if the broker does not accept expiry dates on pending orders. Switch them on only if needed.
The Gold Phantom
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