What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Email supportHelp with setup and technical issues
What our customers say
Selected Trustpilot feedback about CheaperForex support, setup and service.
Sharkyra Gold EA MT5 V1.2
Sharkyra Gold for MT5 by Nico Demus Sitepu is a XAUUSD-only Expert Advisor that uses multi-timeframe trend analysis to take fast scalping entries on the M5 timeframe. Trades are opened from confirmed trend signals and managed with defined stop loss and take profit — the developer’s stated approach excludes grids, martingale, and averaging. The system is designed for low-spread ECN or Raw Spread accounts and ships with a developer-supplied preset file for IC Markets, the same broker used on the public live signal.
A built-in news filter (configured via MetaTrader’s WebRequest setting using a standard economic calendar feed) automatically pauses trading around high-impact releases. The EA is a debut product from a relatively new developer, published in May 2026, and our editorial review covers both the architectural strengths and the developer-history caveats worth weighing before buying.
- ✅ XAUUSD M5 multi-timeframe trend engine — fast scalping entries with defined stop loss and take profit on every trade
- ✅ No grids, no martingale, no averaging — built-in news filter via WebRequest to pause around high-impact releases
- ✅ IC Markets preset included + public live signal — developer-supplied .set file for the same broker the live signal runs on
XAUUSD M5 trend scalper. Defined SL/TP. News filter built in. IC Markets preset included.
Original price was: $699.00.$149.95Current price is: $149.95.
- Instant download from your account the moment checkout completes. The files stay in your customer portal.
- Official version, with future updates included free when we receive them. You never pay twice for the same product.
- 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Email supportHelp with setup and technical issues
Quick Summary:
Sharkyra Gold for MT5 by Nico Demus Sitepu is a XAUUSD-only Expert Advisor that uses multi-timeframe trend analysis to take scalping entries on the M5 timeframe. Each trade carries a defined stop loss and take profit — the developer’s stated design excludes grids, martingale, and averaging. The system ships with a developer-supplied preset file for IC Markets (the same broker used on the public live signal) and includes a built-in news filter that pauses trading around high-impact economic releases when MetaTrader’s WebRequest setting is configured. A real-money MQL5 live signal has been running on IC Markets since May 2026.
Official MQL5 Listing:
Sharkyra Gold — MQL5 Marketplace
Developer’s Live Signal:
Sharkyra — MQL5 live signal (IC Markets)
Why Sharkyra Gold
- Gold specialist — designed exclusively for XAUUSD on the M5 timeframe
- Multi-timeframe trend analysis — entries taken from confirmed trend signals across multiple timeframes, not a single indicator
- Defined SL/TP on every trade — the developer’s stated design excludes grids, martingale, and averaging
- Built-in news filter — auto-pauses trading around high-impact economic releases via the WebRequest setting
- IC Markets preset included — developer-supplied .set file calibrated for the same broker used on the live signal
- Public MQL5 live signal — real-money monitoring on IC Markets from launch
- Real-tick backtest — multi-month backtest at 99% history quality with credible LR linearity
How It Works
Sharkyra Gold continuously analyses XAUUSD across multiple timeframes to identify confirmed trend conditions, then takes scalping entries on the M5 timeframe when the trend signals align. Every position carries a defined stop loss and take profit — there is no basket structure, no lot multiplication, and no averaging logic that builds positions during adverse moves.
The architecture decision that matters most is the news filter. Most XAUUSD scalpers get caught by NFP, CPI, or FOMC releases — those are the moments when spreads widen, slippage spikes, and short-term trend models break down. Sharkyra Gold uses MetaTrader’s WebRequest mechanism to pull economic calendar data from a standard public feed (nfs.faireconomy.media), and automatically pauses trading around high-impact releases. The setup is a one-time configuration in MetaTrader’s options, and the EA handles the rest.
The included IC Markets preset is a useful starting point — calibrated for the broker the developer’s live signal runs on, so it removes the early guesswork of where to set parameters. Validation on your own account is still recommended, but the preset gives you a sensible baseline.
Live Signal & Backtest Snapshot
- Live signal: IC Markets at 1:500, real money, ~3 weeks tracked at the time of writing
- Live growth: ~+63% from a $300 starting deposit (the developer’s recommended minimum)
- Live win rate: ~90% on the early sample
- Live maximum drawdown: 2.8% (a small sample — realistic worst-case will be higher)
- Backtest period: January 2025 – May 2026, real-tick data at 99% history quality
- Backtest result: Profit factor 4.23, 88.17% win rate across 482 trades, 5.11% balance / 8.59% equity drawdown, LR correlation 0.92
The early numbers are encouraging, but three weeks of live data is too short to support strong conclusions about long-term behaviour. Our full review breaks down what to read into the numbers honestly and what to wait on.
EA Setup at a Glance
- Platform: MetaTrader 5
- Instrument: XAUUSD only (Gold)
- Timeframe: M5 (multi-timeframe analysis runs internally)
- Strategy: Multi-timeframe trend analysis with scalping entries; defined SL/TP, no grid or martingale
- Account: Hedging account, ECN or Raw Spread with low XAUUSD spreads
- Leverage: 1:500 used on live signal — match to your jurisdiction
- Minimum deposit: $300 (the developer’s recommended minimum and live signal balance)
- VPS: Strongly recommended for continuous operation and reliable WebRequest news data
- News filter: Built in via WebRequest; one-time MT5 configuration required
What You Receive
- Sharkyra Gold for MT5 — Version 1.2
Risk Disclaimer
XAUUSD scalping on M5 is highly sensitive to broker execution quality, spread, and slippage — results on one broker can differ meaningfully from results on another. The developer’s live signal is young at the time of writing, so the long-term behaviour of the strategy across different gold regimes is not yet established. Gold is subject to sharp news-driven volatility (NFP, CPI, FOMC, geopolitical events) that can stretch the strategy beyond normal parameters, which is why correct configuration of the WebRequest news filter is important. The backtest’s low drawdown figure reflects a single test window; the realistic live drawdown over a longer period will likely sit higher. This is also a debut product from a relatively new developer — buyer history, catalogue credibility, and long-term performance are still being established. Test on demo on your intended broker first, use conservative position sizing while validating, 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 Sharkyra Gold EA review →
An honest editorial breakdown: how the multi-timeframe trend logic works, the news filter setup explained step-by-step, the backtest examined critically, the live signal read in context, the developer-reputation question covered openly, and our verdict on whether to buy now or wait for the track record to mature.
FAQs
What is Sharkyra Gold EA?
A XAUUSD-only Expert Advisor for MetaTrader 5 by Nico Demus Sitepu. It uses multi-timeframe trend analysis to take scalping entries on the M5 timeframe, with defined stop loss and take profit on every trade. The developer’s stated approach excludes grids, martingale, and averaging. A built-in news filter automatically pauses trading around high-impact economic releases when MetaTrader’s WebRequest setting is configured.
What broker and account type do I need?
A hedging account on a broker offering XAUUSD with low spreads and fast execution. ECN or Raw Spread accounts are preferred. The developer’s live signal runs on IC Markets at 1:500 leverage, and a developer-supplied preset is included specifically for IC Markets. Match leverage to your jurisdiction’s availability.
What deposit should I start with?
The developer’s recommended minimum balance is $300, and the live signal runs at exactly that. More headroom is sensible while you validate behaviour on your own broker. Start conservative on lot sizing and step up only after you’ve watched the EA on your account for several weeks.
What chart timeframe should I attach it to?
The M5 chart is the developer’s recommended host. The EA uses multi-timeframe trend analysis internally, so it reads multiple timeframes regardless of which chart it’s attached to — the M5 host chart is the EA’s home, not its sole data source.
How do I set up the news filter?
The news filter requires MetaTrader’s WebRequest setting to be configured with the economic calendar URL (https://nfs.faireconomy.media/). In MT5, go to Tools → Options → Expert Advisors, tick “Allow WebRequest for listed URL”, and add the URL. The EA then auto-pauses around high-impact news. Documentation is included on the listing.
Does it work on MT4?
No. Sharkyra Gold is built for MetaTrader 5 only.
Do I need a VPS?
Yes — strongly recommended. The EA scalps the M5 timeframe and uses a news filter that needs continuous internet, so a stable 24/5 low-latency VPS near your broker’s server is the right setup.
Pre-Purchase FAQs
Are updates always free?
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
What's your refund policy?
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
I need assistance installing this?
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Can I use this on multiple accounts?
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
How do I download after payment?
After successful payment, your product will be available for download instantly:
- Displayed on the screen immediately after checkout
- Emailed to the address you provided during purchase
- Stored in your account if you created one at checkout
In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.
Is this an original product?
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
Why Traders Trust Us
Reviewed by Our Trader
Peter Jones
Related Products
Premium expert advisors from our marketplace at the lowest prices.