Gold Trend X EA MT5 v2.695 + Setfiles

Gold Trend X – Gold-Only Trend-Following EA for MetaTrader 5

Gold Trend X is a MetaTrader 5 Expert Advisor built by developer Thang Chu to trade XAUUSD exclusively, using a multi-system, multi-timeframe trend-following approach on a single M5 chart. The developer’s public MQL5 Signal shows 962 trades and 864.88% account growth over 108 weeks, with a 1.47 profit factor and a 34.29% balance drawdown. The EA is currently listed on the MQL5 Market as product 121075, version 2.695.

⚡ Key Highlights

• 📈 Public MQL5 Signal records 962 trades, 864.88% growth, and a 1.47 profit factor over 108 weeks of live trading.
• ⚙️ Multi-system, multi-timeframe trend-following logic built specifically for XAUUSD, run on one M5 chart.
• 🛡️ Developer states Gold Trend X does not use Martingale, grid trading, or doubling down on losing positions.
• 🖥️ Requires a hedging account, a low-spread ECN broker, and a separate BankOrderFlow_update indicator installed before use.
• ⚠️ Live signal balance drawdown has reached 34.29%, and a separate backtest run showed drawdown above 40%.

📊 Performance Results

The strongest available proof is the public MQL5 Signal for Gold Trend X (signal 2362085), run by developer Thang Chu on an ICMarketsSC-MT5-6 account at 1:500 leverage. Starting from a $500 deposit, the account shows 962 trades over 108 weeks, 864.88% growth, a profit factor of 1.47, a recovery factor of 4.86, and a 46.15% win rate. Average winning trades ($143.61) run well above average losing trades (-$83.83), consistent with a trend-following model that lets winners run further than losers. Balance drawdown on this account reached 34.29%, while listed equity drawdown is lower, at 5.58%.

The developer also publishes seller-supplied Strategy Tester reports. One report, using a $10,000 initial deposit, recorded a net profit of $62,973.66 over 3,512 trades, a 1.63 profit factor, a 21.38 recovery factor, a 56.32% win rate, and balance/equity drawdown of 18.81%/19.60%, with 95% history quality. A separate backtest, run on a $1,000 deposit over 3,519 trades, shows a larger net profit of $342,747.79 and a 1.74 profit factor, but balance drawdown climbs to 43.63% and equity drawdown to 45.15%. These are two distinct backtest configurations, not one combined result, and neither is the same test as the live signal above.

Drawdown is the number to watch. The live signal’s 34.29% balance drawdown, and the higher-deposit backtest’s drawdown above 40%, both mean an account running this EA can see a large share of capital erased before recovering. The developer’s own estimate of 20-25% maximum drawdown at 1.5% balance risk is a seller projection from backtesting, not a guarantee, and both the live and backtest evidence above show drawdown can run higher than that estimate. Traders should size positions conservatively and monitor the account rather than assume the lower estimate will hold. Past performance does not guarantee future results.

Gold Trend X Signal on MQL5

⚙️ How It Works

Strategy: Gold Trend X trades XAUUSD only, combining multiple systems and timeframes with intraday momentum analysis. The developer describes using retail-sentiment data and roughly nine indicators, including MACD, a smoothed moving average, RSI, TDI, and ADX, to follow gold trends rather than trade frequent reversals.

Entry: The EA runs on a single XAUUSD M5 chart and requires the BankOrderFlow_update indicator installed in the MQL5/Indicators folder before it can generate signals.

Position / Grid Management: The developer states the EA does not use Martingale, grid trading, or doubling down after a loss. This is a developer claim; it has not been independently audited by this store.

Risk Control: Position sizing can be configured as a fixed lot, a balance-per-lot ratio, or a percentage of account balance risked per trade. The supplied settings screenshot shows a default 0.01 fixed lot, with balance-per-lot and balance-risk-percent both set to 0.0, meaning risk-based sizing is off unless the trader configures it.

Best Conditions: The developer recommends a low-spread ECN broker with standard New York-close server time, typically GMT+2/GMT+3, naming IC Markets, Tickmill, and Alpari as examples, along with a hedging-enabled account.

Caution: MQL5ValidationOnly must be switched from its default “true” to “false” before the EA will trade live or run a full backtest; leaving it enabled prevents real trading.

🧩 Technical Specifications

🎯 Who Should Use This EA

Ideal for:

• Traders who want automated, gold-only exposure on MT5 rather than a multi-pair portfolio EA.
• Traders comfortable running a trend-following system that can hold positions through intraday momentum swings.
• Traders able to open a hedging account with a low-spread ECN broker on GMT+2/GMT+3 server time.

Best results when:

• The BankOrderFlow_update indicator is installed correctly and MQL5ValidationOnly is set to false before live use.
• Position sizing (fixed lot, balance-per-lot, or balance-risk-percent) is configured deliberately rather than left at default.

Not ideal for: traders who need multi-pair diversification, cannot open a hedging account, or cannot tolerate drawdowns beyond 30-40% of account balance.

📦 Download Package Included

✅ Experts: Gold Trend X_2.695_fix.ex5

✅ SetFiles: Gold Trend X_Live_Signal.set

Your download link will be sent to your email address automatically after purchase is confirmed.

❓ Frequently Asked Questions