Gold Trade Pro EA Review MT5

How the EA Trades — What the Histories Show

Gold Trade Pro trades breakouts of daily support and resistance on XAUUSD using several built-in strategies. The MT5 product page and the vendor's site say 8; the MT4 page still says 7, from before the eighth was added in December 2023. The developer says each trade opens with its own stop and target and is then managed with a trailing stop. The stops themselves are not in the export, but the size of the largest losses is consistent with them.

How Long Losses Stayed Open

We publish the longest positions because averages hide the ones that matter — see our methodology.

What the Seller Says, and What the Record Shows

Quoted from the vendor's Gold Trade Pro page and the MT5 and MT4 product pages on MQL5, read on 16 October 2026.

FTMO Prop-Firm Test

The developer supplies prop-firm settings. The "Prop Firm Set File" on the MQL5 product page is a zip of four settings files, one of them Goldtrade_V4.0_prop firm.set (dated 23 September 2024). It runs all eight strategies, with the EA's own daily-loss stop set at 4%. This is the current file and the main result. The page also still links an older prop-firm file, which we tested too (below).

What we did. We ran each file unmodified on Gold Trade Pro MT5 version 7.0 in the MetaTrader 5 Strategy Tester, logged into an FTMO Free Trial so the prices, spreads and commission were FTMO's own: XAUUSD, daily chart, 1 January 2025 – 9 October 2026, every tick based on real ticks (99% history quality), £10,000 at 1:100, zero latency. FTMO's loss limits count open trades, so we rebuilt each account's equity minute by minute from FTMO's one-minute gold prices, valuing open trades at the worst price in each minute (the low for buys, the high plus spread for sells), converted to pounds at the rate implied by each trade's result. As a cross-check, the rebuilt lowest equity matches the tester's own (£9,716.18 against £9,716.19). This captures the worst point inside each minute but not the full tick-by-tick path, and slippage was not modelled.

The settings files and the developer's last strategy change (13 December 2024) predate the test window, and the update log shows no re-optimisation since. Later versions did change trade-management code, including "improved trailingSL/TP coding" in version 6.74 (2 October 2026), and we tested the current version 7.0, so this is a retrospective test, not a forward one.

FTMO's rules were read on 16 October 2026. For a £10,000 account the daily floor is the balance at midnight Prague time (CE(S)T) minus £500 on the 2-Step or minus £300 on the 1-Step, counting open trades, commission and swap. The 2-Step maximum loss is a fixed £9,000 floor; the 1-Step's trails £1,000 below the highest midnight balance. A phase is complete when the 10% target is reached with all positions closed, and we judge the limits up to that point.

The current file (Goldtrade_V4.0_prop firm.set)

Result for the current file: in our simulation it would have passed FTMO's 2-Step Challenge phase, narrowly on the daily limit, and failed the 1-Step.

• The 2-Step pass was not comfortable. The daily limit was cleared by £154.18, 1.5% of the account. On 27 March 2025, seven buys were stopped out between 16:16 and 16:40 for −£193.87. The EA then opened eight new buys at 17:39, and by 19:51 equity was £345.82 below the midnight balance.
• The verification phase is only a proxy. Continuing the same run, another £500 (5% of a fresh £10,000 account) was made by 12 January 2026 without a 2-Step limit being broken. We did not rerun a fresh £10,000 account, which would start from a reset state with trades about 10% smaller.
• The settings don't fit the 1-Step. The set's own 4% daily stop sits above the 1-Step's 3% limit.

The older file (Goldtrade_Prop.set)

The developer posted this file on MQL5 on 27 October 2023 as a "SET FILE FOR PROP FIRMS" that "will keep Max DD below 10% and max daily DD below 5%". He replaced it twice, on 10 November 2023 and 23 February 2024, before the current zip. The product page still links it, without a label. We did not test the two in-between files. It trades smaller: 0.01–0.03 lots per trade in our test, against 0.01–0.06 for the current file. We checked it the same way (rebuilt low £9,794.84 against the tester's £9,794.93).

The closest margins, £28.96 and £154.18, are small against the method's limits. Valuing open trades at each minute's worst price tends to overstate losses, while slippage and delays could push the other way.

These are tests of two configurations against one firm's published rules, over 1 January 2025 – 9 October 2026 at 99% real ticks. They are not an assessment of the Expert Advisor, and they do not predict future results. The rules tested were those published by FTMO and checked on 16 October 2026; prop firm rules change without notice.

The update log also records prop-firm features. Version 1.50 (2 November 2023) added a "Max Daily Drawdown" parameter "for propfirms", and version 3.0 (17 March 2024) improved it. In the developer's words, the log also records:

• version 1.60 (6 November 2023): an option "to randomize the entries and exits a bit. This could be usefull when many people are using the EA on the same prop firm, to prevent to get banned";
• version 1.80 (8 December 2023): an option "to remove the suffix of the comments … for prop firms so they don't detect the same EA being used";
• version 3.3 (13 May 2024): parameters "to make your own unique trades, which will further prevent prop firms from flagging you for copy trading".

FTMO allows EAs. It warns that other traders may run the same EA, and so the same strategy, which can matter under its maximum capital allocation rule. These features do not in themselves show that any account broke a firm's rules, and randomisation was switched off in both files we tested. Read your firm's rules before using any EA on a funded account, these options included.

A conformance result is never a verdict on the EA.