🧩 What is Gold Is Cold MT5? Gold Is Cold MT5 is a grid-based Gold (XAUUSD) trading Expert Advisor (EA) that focuses on controlled position spacing, moderate lot multiplication, and overlap-based recovery. The EA is designed to trade both Buy and Sell directions, using fixed lots with optional grid expansion and visual trade monitoring. 🔧 Core […]
Gold Is Cold MT5 is a grid-based Gold (XAUUSD) trading Expert Advisor (EA) that focuses on controlled position spacing, moderate lot multiplication, and overlap-based recovery. The EA is designed to trade both Buy and Sell directions, using fixed lots with optional grid expansion and visual trade monitoring.
Gold Is Cold MT5 Settings Review & Full Analysis 5
🔧 Core Trading & Time Settings
Parameter
Value
Meaning & Trading Impact
Start Hour / Minute
0 : 0
EA starts trading from the beginning of the trading day.
End Hour / Minute
23 : 59
Trades continuously, 24/5 without session restriction.
Enable Buy
true
Allows Buy positions.
Enable Sell
true
Allows Sell positions.
Allow Hedging
true
Buy and Sell positions can coexist.
Control manual orders
false
EA does not manage manual trades.
Magic Number
230525
Unique identifier to avoid order conflicts.
Trade Description
Gold is Cold
Custom trade label for tracking.
💰 Lot Size & Money Management
Parameter
Value
Analysis
Lot
0.01
Very low starting lot, suitable for small accounts.
Use variable lots
false
Fixed lot trading, no balance-based scaling.
Free margin per 0.01 lots
1000
Reference value (inactive due to fixed lots).
Multiplication
1.5
Moderate grid lot scaling, not aggressive martingale.
Max lots
500.0
Very high cap, requires strict monitoring.
➡️ The EA uses fixed lot entries with controlled grid multiplication, reducing early risk but allowing recovery expansion if trends persist.
🎯 Take Profit, Stop Loss & Risk Control
Parameter
Value
Explanation
Take Profit
150
Basket-style profit target in points.
Stop Loss in points
200
Hard stop loss for overall grid protection.
Percentage grid Stop Loss
0.0
Disabled; SL is point-based.
Draw of profit tags
true
Visual profit tracking on chart.
🔁 Grid, Distance & Overlap Logic
Parameter
Value
Trading Role
Grid Distance
200
Initial spacing between grid orders.
Order number of variable distance
6
After 6 trades, dynamic spacing applies.
Variable distance start
200
Base distance before expansion.
Distance multiplication
1.4
Grid spacing increases as drawdown grows.
Overlap
true
Enables order overlap for recovery.
Overlap after X trades
10
Overlap activates after deeper grid exposure.
Overlap %
5
Partial position overlap to accelerate recovery.
Maximum Longs
100
Caps Buy exposure.
Maximum Shorts
100
Caps Sell exposure.
➡️ This structure shows a defensive grid system with dynamic spacing, designed to survive extended gold trends.
📈 Indicator & Signal Display Settings
Parameter
Value
Purpose
Show Signal
true
Displays Buy/Sell signals visually.
Signal Size
2
Compact on-chart signal markers.
Buy Signal Color
Blue
Visual clarity.
Sell Signal Color
Red
Easy direction identification.
🖥 Panel & Interface Customization
Parameter
Value
Description
Button Text ON
DarkOrchid
Active trading state.
Button Text OFF
Purple
Trading disabled state.
Panel Background
Navy
High-contrast panel design.
Panel Font
Cambria
Professional readability.
Panel Font Size
8
Compact UI footprint.
Result Font
Arial Black
Clear profit/loss display.
Result Font Size
10
Easy monitoring.
Typeface Color
Orange
High visibility on dark background.
🧠 Strategy Summary
Gold Is Cold MT5 applies a structured grid trading strategy on XAUUSD, using fixed lot entries, dynamic grid spacing, and moderate lot multiplication (1.5x). The EA supports hedging, overlap-based recovery, and both trade directions, making it suitable for range-to-moderate trending gold markets. A fixed stop loss and increasing grid distance help control risk during prolonged price movements.
Gold Is Cold MT5 Settings Review & Full Analysis 6
⭐ Rating & Risk Level
⭐ Overall Rating: 7.9 / 10
Gold Is Cold MT5 offers a balanced grid approach with smart spacing and overlap logic, suitable for traders seeking controlled gold automation.
⚠️ Risk Level: Medium to Medium-High
Risk Aspect
Level
Strategy Type
Grid / Recovery
Lot Scaling
Moderate (1.5x)
Stop Loss
Fixed (enabled)
Hedging
Enabled
Drawdown Potential
Medium-High
Best Account Size
Medium to Large
✅ Conclusion
Gold Is Cold MT5 is a well-structured gold grid trading Expert Advisor that combines fixed lot safety, dynamic distance expansion, and overlap recovery logic. While the EA avoids aggressive martingale behavior, its grid nature still requires adequate capital, low spreads, and disciplined risk control. When used on XAUUSD with proper leverage and conservative settings, Gold Is Cold MT5 can deliver stable, long-term automated trading performance.
