Gold Trader

Gold Trader is a professional expert advisor made for MetaTrader 5 trading platform to trade CFD of XAUUSD, XAUEUR, XAUGBP, XAUCHF, and XAUAUD spot gold prices. It uses the dependable Relative Cyclicality indicator to identify the best price opportunities. Gold Trader is a fully automated trading software including also a manual entry interface. Gold Trader was developed starting in August 2015 for MT4, and in 2022 was converted for MT5 with better profitability and no significant differences between the backtest and real trading results.

Version: 1.94
Last update:

Gold Trader is a dependable software made for professional traders and investors. It includes 5 original trading strategies, working consecutively, depending on the market conditions. The default settings are optimal. A specific stop-loss protects each trade. The user must set only the allocated risk or a custom trading volume according to his risk and capital management plan. A capital exposure protection level can be also set to protect the capital when using more expert advisors in the same capital account. This expert must be tested separately for each gold market.

This software is an investment tool, not a high frequency trading software. It includes also Relative Momentum, Smoothed Heikin Ashi, Relative Smoothed Heikin Ashi, Relative Momentum, Order Blocks, and Price Action Line indicators. Relative Cyclicality, Relative Momentum, and Price Action Line are displayed on the main screen.

This expert advisor is designed, tested and optimized for USD capital accounts with 1:500 leverage with hedging, and a minimum capital of 10000 USD. For this case, the risk can be set between 1% and 50%, at the user's choice. This program was not designed and tested for lower capital.