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Vex Gold EA is an MT5 expert advisor for XAUUSD on the M15 chart. It trades price-action levels with pending orders, keeps one position open at a time, and includes an optional prop firm mode with a daily loss limit.
Get one message the moment it launches, with its price.
Vex Gold EA is an expert advisor for MetaTrader 5 that trades gold (XAUUSD) on the M15 chart. It follows defined price-action rules, risks a fixed amount per trade and holds one position at a time. It does not rely on AI or machine learning, so its behaviour can be tested and checked on your own terminal.
The EA reads recent price structure and places pending orders around structural levels. Once a level has been used it is stored in a pivot memory, so the same level is not traded again. This memory, together with the daily limit state, is kept across a terminal restart.
The daily loss limit is a structural safeguard and not a hard stop on the account, so it should not be treated as a substitute for your own risk management.
An optional prop firm mode adds an adjustable prop risk and initial stop loss, a daily equity loss limit with a configurable safety buffer and reset hour, and a projected stop loss check before each pending order. New orders that could exceed the remaining daily allowance are blocked. Only the EA's own pending orders are cancelled, and open positions are never force closed. With this mode turned off, the standard mode works as normal. Always confirm with your prop firm that EA trading is permitted.
The EA is built for XAUUSD on M15. Gold symbols quoted with 2 or 3 decimal places are supported. A raw or ECN account with low spreads is strongly recommended, because the spread filter and stop sizes depend on tight execution. The developer suggests a balance of around 200 USD and leverage of at least 1:100, but check these against your own broker and risk tolerance.
Exact input names and values can vary, so read the user manual and the inputs tab after loading the EA. The main groups are:
| Group | Purpose |
|---|---|
| Risk profile | Low, Medium, High, Extreme or Custom risk per trade |
| Prop firm mode | Switch on or off, prop risk, initial stop loss |
| Daily loss limit | Equity limit, safety buffer and reset hour |
| Spread filter | Maximum spread for entries and for trailing changes |
| Slippage protection | Trigger that shrinks the initial stop loss |
Most brokers enforce a 0.01 lot minimum. On small accounts this can make the real risk higher than the selected profile.
Trading carries risk, and you can lose some or all of your deposit. Backtests, live signal history and past results do not predict future ones. Test on a demo account first and use risk settings you are comfortable with.
After purchase, the developer recommends checking your broker symbol, spread and account type so the EA runs in the conditions it was designed for.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, price action |
| Market | XAUUSD / gold, symbols quoted with 2 or 3 decimals |
| Timeframe | M15 |
| Trade style | Pending orders at structural levels, one position at a time |
| Position sizing | Risk profiles: Low, Medium, High, Extreme or Custom |
| Account type | Raw or ECN low-spread account recommended |
| Suggested minimum | Around 200 USD balance and 1:100 leverage; confirm with the developer |
No reviews yet. Customers who own Vex Gold EA can review it here.
It is an MT5 expert advisor. It will not run on MetaTrader 4. Attach it to an XAUUSD chart in a MetaTrader 5 terminal with algorithmic trading enabled.
The developer recommends XAUUSD (gold) on the M15 chart with a raw or ECN style account that has low spreads. Gold symbols quoted with 2 or 3 decimal places are supported. Check your broker's symbol name and spread before going live.
The developer describes the approach as one position at a time, with fixed risk per trade and no martingale. Even so, review the behaviour yourself on a demo account and read the user manual so you understand exactly how it places and manages orders.
The EA includes an optional prop firm mode with an adjustable risk, a daily equity loss limit, a safety buffer and a reset hour. Rules differ between firms, so confirm with your firm that commercial EA trading is allowed. Ask the developer about the prop firm set files after purchase.
Most brokers set a minimum of 0.01 lot, and on gold a full stop loss at that size can be roughly 10 to 12 USD depending on the broker. On very small accounts the chosen risk profile may therefore be exceeded. Check your broker's contract specifications first.
Yes. Run it on a demo account using the same symbol, spread conditions and account type you plan to use live. Gold execution varies between brokers, and trading carries risk. Past results do not predict future ones.
Vex Gold EA
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