- Developer source link: GoldCycle on MQL5
- Live signal links: GoldCycle I — MT5 · GoldCycle II — MT4
- Additional monitoring: RoboForex MT5 · Prop-settings demo
GoldCycle EA MT5 trades gold using daily price levels and volatility-adjusted stop-loss and take-profit distances. It aims for one trade per day, with session-based order cancellation and position closure rather than a basket of averaging trades.
Daily gold levels and adaptive exits
GoldCycle uses the day’s high and low to prepare entries during the early European session. Its volatility model adjusts exit distances as conditions change. Position size is calculated from the selected percentage risk and stop distance, so a tighter stop can produce a larger lot size.
- XAUUSD/GOLD daily-level entries with volatility-based SL and TP.
- Percentage-risk sizing, optional recovery after a loss, and a maximum-risk control.
- Configurable session close, trailing stop and breakeven options.
Fixed risk or optional recovery
The listing says it avoids grids and martingale, but it also documents a Recovery Factor that increases percentage risk after a loss. That optional mode changes loss-sequence exposure. Use fixed risk with recovery disabled if you do not want risk to increase following a losing trade; a risk cap does not prevent slippage beyond the planned stop.

Chart, broker time and testing
The documented starting chart is GOLD/XAUUSD H1, with broker time based on GMT+2 and daylight-saving adjustment. The comments provide an Exness seven-digit-quote preset. Confirm server time, symbol precision and the supplied configuration before trading. The advertised $100 minimum is a developer starting guideline; minimum lot size, stop distance and margin can prevent a small account from matching the chosen risk percentage.
Public performance evidence
The developer links MT5 and MT4 MQL5 accounts plus RoboForex monitoring and a separate prop-settings demo. Their settings, platforms and account sizes differ. The linked review compares the results with drawdown and monitoring dates, rather than treating the highest return as a typical outcome.
Explore GoldCycle signals, backtests and customer feedback
More from Gregory Hay
IndexLord MT5 targets US30 rather than gold. The older IndexLord MT4 edition and IndexLord edition comparison explain that separate product family.
Supplied version: latest version, standalone file. Follow the delivery instructions supplied with your order.
