Getting started

What is GoldBot and how does it trade gold?

What GoldBot is, how its robots trade gold, and why it is MetaTrader 5 only.

1 min read

GoldBot is a family of Expert Advisors (EAs) built only for gold (XAUUSD) on MetaTrader 5. Each robot marks the day's session ranges, trades the first clean break, and places a structured hedge behind every trade so a false break is capped. It ships as a build compiled for your own MT5 account.

How a GoldBot EA trades gold

Gold moves hardest around session opens. GoldBot robots mark a price range for a session, wait for price to break out of it, and enter on the break. Because many breakouts fail, a hedge is placed behind the primary order: if price reverses back through the range, the hedge takes the move instead of leaving the loss open.

  • Built for XAUUSD only. Every value is tuned for gold, not adapted from a forex template.
  • A structured hedge behind each trade instead of martingale-style lot doubling.
  • Bank-holiday screening for UK, US, DE, FR and IT sessions, so the EA stays out of thin, distorted markets.
  • Strategy values are fixed in the build. You choose lot sizing, and on MultiRange robots which ranges run.

Built for MetaTrader 5 only

GoldBot cannot be installed on MT4 or other trading platforms.