Vex Gold EA for MetaTrader 5 by Lars Laeremans is a focused gold breakout robot for traders who want defined exits and adjustable exposure. It places pending orders around qualifying price structures, using EMA direction to filter opportunities rather than entering continuously.
How Vex Gold manages a setup
The strategy runs on XAUUSD M15 and is described as opening one position at a time, without grid or martingale recovery. Each trade has stop-loss and take-profit levels, with active stop management as price develops. Quiet periods are normal: the EA waits for a new valid setup.
- Controlled entry conditions: spread checks help avoid expensive entries, with a separate spread guard for trailing modifications.
- Position sizing: choose a risk profile, custom risk or fixed lots; a maximum-lot setting provides an additional size cap.
- Daily entry protection: the standard guard tracks the EA’s symbol and magic number, restricting new orders after its limit is reached.
- Optional Prop Firm Mode: adds a risk budget, reset-hour setting and safety buffer before a new pending order is placed.

At a glance
- Platform and chart
- MetaTrader 5; XAUUSD M15, including compatible broker suffixes.
- Account conditions
- Developer specifies raw/ECN spreads, at least 1:100 leverage and a $200 starting balance. Supports two- and three-decimal gold quotes.
- Running the EA
- Keep MT5 connected while it manages trades. Check the startup lot preview, broker stop levels and actual spread before enabling your chosen risk setting.
- Important sizing detail
- Minimum trade volume can override the intended percentage on a small balance. Read the effective risk shown by the EA rather than relying only on a profile name.
Who is it suited to?
Vex Gold may suit traders seeking a selective gold strategy with a clear stop-based exit structure and public accounts to examine. Its very short observed holding times make execution quality important. Prop Firm Mode restricts entries and removes its own pending orders when required; it does not forcibly close existing positions or guarantee a firm’s loss rules.
Public results you can inspect
The developer links MT5 accounts at BlackBull Markets and Vantage. Both showed positive growth when checked on 13 September 2026, although neither provides a multi-year record. Our review compares their funding, trade counts and drawdown measures with the original backtests and buyer feedback.
Explore the Vex Gold EA MT5 review, screenshots and broker evidence
Official Vex Gold listing · Developer user guide
Managed installation supplies the latest Vex Gold version available on MQL5. Customers can check for and install updates themselves at any time. Follow the order’s delivery README.

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