Gold Uno Bot MT5 V4 with Setfiles

Introducing Gold Uno Bot MT5

Gold Uno Bot MT5 stands out as a specialized Expert Advisor engineered exclusively for XAUUSD trading with prop firm compatibility through its comprehensive multi-layered risk management system. The EA demonstrates verified performance with 309.82% gain and 14.63% drawdown on Myfxbook live accounts, achieving a 1.77 profit factor in backtests.

Key Findings

• Core Strategy: Trend-following and momentum system combining Moving Average crossovers (MA15/MA210) with RSI-8 momentum filtering at extreme levels (80/30), designed to capture gold’s directional moves while avoiding low-momentum consolidations

• Intelligent Risk Management: Features ATR-based adaptive stop loss (ATR period 21, multiplier 5.0), trailing stop system (1000 points SL, 160 step), break-even function (activates at 700 points), and spread filtering (max 10 points) to protect against volatile market conditions

• Verified Performance Data: Live trading shows 309.82% gain with 14.63% maximum drawdown over tracking period; backtest results demonstrate 1.77 profit factor with 60.03% win rate across 678 trades, though maximum drawdown reached 12.10% during testing period

• Key Benefits with Trade-offs: Provides 24/5 automated execution eliminating emotional trading decisions, but requires understanding of gold’s volatility patterns; offers plug-and-play default settings for beginners, yet extensive customization options demand parameter knowledge for optimization

• Primary Risk Limitations: Susceptible to whipsaw losses during ranging market conditions typical of trend-following systems; specialized focus on XAUUSD creates asset-specific concentration risk during unexpected news-driven volatility spikes

Recommendations for using Gold Uno Bot MT5

• Trading Platform: MetaTrader 5 (MT5) exclusively – ensure broker compatibility with .ex5 files

• Pairs: XAUUSD only – EA specifically optimized for gold’s unique volatility characteristics, not suitable for other currency pairs

• Supported Accounts: ECN and Standard accounts recommended – spread filter ensures functionality across account types

• Timeframe: Not specified in documentation – default settings suggest multiple timeframe compatibility

• Trading Time: 24/5 operation (00:00-23:59 default settings) – full market coverage for gold trading sessions

• Leverage: Standard 1:100 leverage used in backtests – higher leverage amplifies both potential profits and losses, requiring careful risk assessment

• Minimum Deposit: $500 based on backtest parameters – higher balance advisable for better risk management given gold’s volatility and 1000-point stop loss requirements

Review of Gold Uno Bot MT5

Gold Uno Bot MT5 delivers specialized XAUUSD automation with verified profitable results, though requires understanding of trend-following limitations in ranging markets. Best suited for intermediate traders seeking prop firm compatible gold trading solutions.

Backtest Performance Highlights:
• 1.77 profit factor with 1,672.79 total net profit from 500 initial deposit
• 60.03% win rate across 678 trades, but maximum drawdown reached 12.10%
• Recovery factor of 5.78 demonstrates strong risk-adjusted returns

Live Trading Results:
• 309.82% verified gain on Myfxbook with 14.63% drawdown

• Consistent small profits (1.12-7.69 per 0.01 lot trades) showing steady execution

• Real-time tracking confirms automated functionality

Is Gold Uno Bot MT5 the Right Choice For You?

• Specialized Gold Expertise: Purpose-built for XAUUSD market dynamics with trend-momentum strategy, though performance depends entirely on gold’s trending behavior and may underperform during extended sideways periods

• Prop Firm Compatibility: Designed with controlled drawdown focus (12-15% range) meeting funding challenge requirements, but users must still manage position sizing carefully to avoid rule violations

• Verified Live Performance: Myfxbook-verified results provide transparency beyond theoretical backtests, though past performance doesn’t guarantee future results in changing market conditions

• Advanced Risk Management: ATR-based intelligent stop loss adapts to volatility while trailing stops secure profits, but requires understanding of parameter interactions to avoid over-optimization

• Plug-and-Play with Customization: Default settings work for immediate deployment while extensive parameters allow fine-tuning, though parameter modification without strategy knowledge may degrade performance

Final Verdict

Gold Uno Bot MT5 offers solid specialized automation for XAUUSD trading with verified profitable results and intelligent risk management, though limited to trend-following strategy prone to ranging market losses. Ideal for intermediate traders seeking prop firm compatible gold trading solutions; beginners should start with default settings and understand inherent volatility risks.

Gold Uno Bot MT5 Download Contents:

• Link download experts:
  • Gold Uno Bot MT5.ex5
• Presets