Black Gold EA MT4

Introduction to Black Gold EA for MT4

Black Gold EA by Dmitriq Evgenoeviz Ko is an advanced MT4 expert advisor developed exclusively for gold trading (XAUUSD) on the M5 timeframe. Built on a powerful trend-following engine and trained through historical market behavior, this EA makes automated, high-accuracy trades in line with the global trend—no emotional trading, no martingale, no grid.

With a clear logic and strict risk discipline, Black Gold EA is ideal for traders seeking reliable performance, particularly those preparing for prop firm challenges or who prefer fixed-risk gold scalping.

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Key Features

✅ Designed for XAUUSD on M5 – Fully optimized for 5-minute gold charts
✅ Trend-Following Only – Trades only in the direction of the prevailing trend
✅ No Martingale or Grid – Avoids risky compounding and exponential lot sizing
✅ Fixed SL and TP – Clear exit rules on every trade
✅ Auto Lot Calculation Option – Automatically scales trade size based on balance
✅ Set-and-Forget Simplicity – Default settings are ready to go
✅ Minimal Input Required – Just choose your lot size or enable AutoMM
✅ Lightweight & Fast – Works smoothly on most VPS setups
✅ Prop Firm Safe – Follows strict drawdown limits and capital protection logic

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Key Benefits

🎯 Safer Trading – With no martingale or grid and fixed SL/TP, capital risk is controlled
📈 Precision Entries – Only opens trades in the global trend direction
🧠 AI-Inspired Logic – Designed with simplicity, speed, and adaptability in mind
⚡ Quick to Deploy – Attach it to XAUUSD M5 and it’s live in seconds
🛡️ Risk-Aware Design – Easily complies with prop firm criteria
🔧 Configurable Risk – Manual or automatic lot settings available
📉 Works Well on $50+ – Great for small or large account sizes

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Proof of Results

📊 2023–2025 Backtest (AutoMM, Min Risk on $20 Deposit)

• Net Profit: $1.76M

• Profit Factor: 2.58

• Win Rate: ~74%

• Max Drawdown: 6.1% (Absolute), 30.67% (Relative)

• Total Trades: 11,644

• Average Profit Trade: 332.03

• Consecutive Wins Max: 26

• Consecutive Losses Max: 6

📷 See full equity curve and trade performance in the backtest screenshot above.

🔍 Strategy On-Chart

• Clean signals on Bollinger Band breakouts

• Clear buy/sell arrow indication

• Trades align with overall momentum

• No overlapping positions, clean chart behavior

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📢 Real User Reviews

⭐⭐⭐⭐⭐
“Works perfectly on M5 gold. No grid, no martingale, just clean trend trades. Auto lot makes things simple. Good work.”
— Anton P.

⭐⭐⭐⭐⭐
“I use Black Gold EA for prop firm challenges. It respects the drawdown and actually performs better than most overcomplicated bots.”
— Yuri M.

⭐⭐⭐⭐
“The backtest looks too good to be true, but live results on demo have been solid so far. Good entry logic. Recommend a VPS for stability.”
— Lukas H.

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Frequently Asked Questions

Is Black Gold EA compatible with prop firm accounts?

Yes, it uses fixed SL/TP and has no martingale, making it suitable for most prop firm risk models.

Does it use martingale or grid?

No. This EA strictly avoids martingale, grid, or averaging down.

How much do I need to start?

The minimum recommended deposit is $50, though $100+ is better for stability.

Which broker should I use?

Any reliable broker is fine—preferably with low spreads on XAUUSD and fast execution.

Does it require a VPS?

Not mandatory, but a VPS is recommended for 24/5 uninterrupted operation.

How do I set it up?

Attach it to a XAUUSD M5 chart, set your lot size or enable AutoMM, and turn on AutoTrading.

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Conclusion

Black Gold EA for MT4 offers a clean, safe, and effective way to trade gold on M5 without high-risk gimmicks. It’s simple to install, delivers consistent performance based on the trend, and is highly suitable for both prop firm challenges and personal trading accounts. With built-in safety filters and clear SL/TP logic, this is a solid gold scalper worth having in your toolbox.