Spider Gold EA MT5

Quick Summary:
Spider Gold EA for MT5 is a XAUUSD H1 Gold-only Expert Advisor by Indonesian developer Muhammad Zahran Rahmadi Putra, alongside his sister product Mosquito EA. The system trades with defined risk per trade and exposes an on-chart panel showing live spread, the active risk percentage and lot size, and an upcoming high-impact news event readout — the same operational architecture as the Mosquito sibling, with a different underlying strategy. A 15-week public MQL5 live signal on IC Markets backs the system with real-money evidence, and the 16-month real-tick backtest produces an LR correlation of 0.95 — credible-range territory that suggests forward-looking validity rather than curve-fit optimisation.

Official MQL5 Listing:
Spider Gold EA MT5 — MQL5 Marketplace

Developer’s Live Signal:
SpiderGold ICM — MQL5 live signal (IC Markets)

Sister Product + Editorial Review:
Mosquito EA MT5 product page · Mosquito EA editorial review

Why Spider Gold EA

• Gold specialist — designed exclusively for XAUUSD on the H1 timeframe
• Defined risk per trade — configurable risk percentage and lot size inputs, with the active settings visible on the on-chart panel at all times
• Live spread monitoring — the on-chart panel displays current spread alongside risk settings, so the operational context is visible at a glance
• High-impact news event readout — economic events including FOMC, BOE, GDP releases displayed directly on the chart panel for operational awareness
• LR 0.95 backtest correlation — sits firmly in the credible range (0.85-0.98 is what robust live strategies typically produce), not the suspiciously-clean 0.99/1.00 territory we flag on other products
• 15-week public live signal — meaningfully longer real-money track record than the developer’s sister product Mosquito EA, on IC Markets
• 94.5% backtest win rate across 293 trades — with a profit factor of 6.44 and equity drawdown of 9.79%
• Maximum 2 consecutive losses in backtest — defined-risk trade discipline, no grid or martingale signature
• Sister product available — Mosquito EA MT5 from the same developer (covered in our Mosquito editorial review)

15 Weeks Live on IC Markets

The 15-week live history is the strongest single piece of evidence on Spider Gold — meaningfully longer than the typical 7-to-8-week signal we see on newly-launched gold products, including the developer’s own Mosquito EA. Operational metrics: 85.7% profit trades, 14.3% loss trades (a realistic distribution rather than a suspicious 100% rate), 4.4% maximum drawdown, 5.5% max deposit load, 19.4% trading activity. ICMarkets SC MT5 broker at 1:400 leverage.

One important honesty point on this signal: the headline 237% growth figure is calculated against the $400 initial deposit, but the account has been actively managed across the 15 weeks with substantial deposits and withdrawals (cumulative deposits of $9,719 and cumulative withdrawals of $10,400 at the time of writing). The cleanest evidence on actual trading performance is the cumulative profit figure (~$854) and the operational metrics above. Our full review walks through the deposit-context interpretation in detail.

10 Consecutive Wins Since Launch

The Spider Gold launch period has produced 10 consecutive winning trades — observable directly on the developer’s live MQL5 chart, with each trade visible as a marker. The on-chart panel visible in the screenshot shows the spread (0.5 pips), the active risk percentage (3.0), the lot size (0.01), and the high-impact news event readout. Combined with the 15-week broader live history, the launch-period streak suggests the strategy’s defined-risk discipline is operating as designed in current live conditions.

How to read this honestly: a 10-trade winning streak is encouraging but, like any short streak, it doesn’t extrapolate. The backtest’s 5.46% loss-trade rate across 293 trades is the more realistic forward expectation — assume the live system will start taking losses at roughly that rate as it encounters different market conditions.

EA Setup at a Glance

• Platform: MetaTrader 5
• Instrument: XAUUSD only (Gold)
• Timeframe: H1
• Strategy: Defined risk per trade, configurable risk percentage and lot size, on-chart panel with live spread and high-impact news readout
• Account type: ECN or Raw Spread account with reasonable XAUUSD spreads
• Leverage: 1:400 used on the developer’s live signal — match to your jurisdiction’s availability
• Risk settings (live signal): Risk% in the 3-5 range with Lotsize 0.01 visible on the developer’s published charts — appropriate starting values depend on your account size and tolerance for the backtest’s ~9.8% equity drawdown
• VPS: Strongly recommended for continuous 24/5 operation

What You Receive

• Spider Gold EA for MT5 — available file
• Standalone file

Risk Disclaimer

Trading XAUUSD on the H1 timeframe involves significant volatility (NFP, CPI, FOMC, geopolitical events). The 16-month real-tick backtest at 99% history quality is encouraging evidence — the LR correlation of 0.95 sits in the credible range and the trade-level discipline (maximum 2 consecutive losses across 293 trades) is consistent. Live results will still differ from backtest figures due to broker execution differences, real-world spread variation, and edge cases the test didn’t model. The developer’s published live signal runs with active deposit and withdrawal management, which means the 237% headline growth figure needs deposit-context reading rather than being taken at face value (covered in our full review). The backtest also shows asymmetric trade-size distribution — average wins are smaller than average losses, with the high win rate compensating mathematically — so position sizing discipline matters. 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 Editorial Review

📖 Read our complete Spider Gold EA review →

A full editorial breakdown: the architecture, the LR 0.95 backtest read honestly, the 15-week live signal with the deposit-withdrawal context walked through in detail, the comparison to Mosquito EA, who the product suits, and our verdict.