Osloma Gold EA MT5

Quick Summary:
Osloma Gold for MT5 by Uttam Kumar Nandeibam is a XAUUSD-only Expert Advisor that pairs multi-timeframe market-structure analysis with a structured four-level grid-recovery system. The engine identifies pullback entries during momentum continuation, then manages exposure across a basket of up to four grid levels — with a predefined hard stop-loss applied to every basket for controlled risk. The system uses no martingale and no exponential lot multiplication. A real-money MQL5 live signal published by the developer has been running since February 2026.

Official MQL5 Listing:
Osloma Gold — MQL5 Marketplace

Developer’s Live Signal:
Osloma Gold — MQL5 live signal (IC Markets)

Why Osloma Gold

• Gold specialist — designed exclusively for XAUUSD, not a multi-symbol system stretched to fit Gold
• Market-structure based — multi-timeframe pullback entries during momentum continuation, rather than indicator-stack noise
• Structured four-level grid — controlled basket exposure with a maximum of four grid levels per entry set
• Hard stop-loss on every basket — predefined max basket loss for explicit risk control
• No martingale, no exponential lot multiplication — the developer is explicit on this; the most dangerous grid habits are excluded
• Flexible lot sizing — choose fixed-lot or equity-based autolot to match your risk model
• Public MQL5 live signal — real-money transparent monitoring on IC Markets
• Timeframe-independent — multi-timeframe scanning runs internally; attach to any chart timeframe

How Osloma Gold Works

Osloma Gold reads gold across multiple timeframes to identify pullback entries during momentum continuation phases — the spots where price has retraced into a structural zone but the dominant move is still intact. When conditions align, the EA opens an initial position. If price moves further against the entry, it adds up to three additional positions at calculated intervals, building a basket of up to four trades total per signal set.

Two design choices distinguish this from the typical gold grid. First, lot sizing across the four levels stays flat — there is no exponential lot multiplication. Four 0.01 entries stay four 0.01 entries, not 0.01 → 0.02 → 0.04 → 0.08. Second, every basket is wrapped in a predefined maximum hard stop-loss, so the worst-case loss per basket is bounded rather than open-ended. The combination — bounded basket, no lot escalation — is what the developer means by “no martingale” and it’s a meaningful distinction from grids that average into oblivion.

The trade-off, honestly noted: it is still a grid, so floating drawdown is part of how the strategy operates while baskets are open. The hard SL caps the worst case; conservative sizing manages the everyday case.

Live Signal & Backtest Snapshot

• Live signal: IC Markets, real money, started February 2026 (~17 weeks tracked)
• Live growth: ~+143% with ~9.2% maximum balance drawdown
• Backtest period: January 2025 – May 2026 (~17 months), 99% history quality
• Backtest result: Profit factor 9.10, 79% win rate across 905 trades
• Backtest drawdown: ~0.82% balance / ~11.67% equity (the equity figure is what counts for a grid)
• LR correlation: 0.98 across the backtest — near-linear equity growth

The numbers are strong on paper. Our full review breaks down what to read into them — and what not to. Read it before you size up.

EA Setup at a Glance

• Platform: MetaTrader 5
• Instrument: XAUUSD only (Gold)
• Timeframe: Any (multi-timeframe scanning runs internally)
• Strategy: Market-structure pullback entries, structured 4-level grid, hard SL per basket
• Lot sizing: Fixed-lot or equity-based autolot, configurable per basket
• Account: ECN or Raw Spread with reasonable XAUUSD spreads; hedging recommended
• Leverage: 1:1000 used on live signal — adjust for your jurisdiction
• Minimum deposit: ~$500 for 0.01 fixed lot with $100-$150 max basket loss
• VPS: Recommended 24/5 low-latency VPS

What You Receive

• Osloma Gold for MT5 — available file
• Recommended risk settings and presets, where supplied

Risk Disclaimer

Osloma Gold is a grid trading system for XAUUSD. Even with a hard per-basket stop-loss and no exponential lot multiplication, grid systems can produce significant floating drawdown during adverse price movement while baskets are open, and Gold is subject to sharp news-driven volatility (NFP, CPI, FOMC, geopolitical events) that can stretch baskets beyond normal parameters. The developer’s live signal runs an aggressive leverage profile that most buyers should not replicate without thinking carefully about sizing. Backtest results are theoretical and not live results. Match your risk-per-basket setting to your account size, give the account meaningful headroom, do not manually close baskets during drawdowns, test on demo on your intended broker first, and never deploy capital you cannot afford to lose. Past performance — backtest or live — does not guarantee future results.

Full Review & Analysis

📖 Read our complete Osloma Gold EA review →

An honest editorial breakdown: how the market-structure entries and four-level grid actually work, the live signal examined including the back-fill vs tracked portions, the 0.98 LR backtest read carefully, the settings that matter, who it suits and who it doesn’t, and our verdict.