Gold Coin M5

Gold Coin M5 – Precision Scalping EA for Gold on M5

If you’re seeking a fast, efficient way to scalp gold, Gold Coin M5 is built for it. Optimized for the M5 timeframe on XAUUSD, this EA delivers swift entry and exit trades with minimal setup complexity.

What is Gold Coin M5?

Gold Coin M5 is an Expert Advisor designed for MetaTrader 4, focused on automated scalping of the gold market using the M5 timeframe. Created by Andrey Kozak, it operates with version 3.0 as of 26 March 2024, and supports up to 20 activations. :contentReference[oaicite:1]{index=1}

• Platform: MT4
• Strategy/Category: Scalping on XAUUSD using short-term momentum
• Timeframe: M5
• Minimum Balance: ~$1,000 recommended :contentReference[oaicite:2]{index=2}
• Version & Update: v3.0, updated 26 March 2024 :contentReference[oaicite:3]{index=3}
• Vendor/Author: Andrey Kozak

Why Gold Coin M5 Stands Out: Features & Benefits

Scalping Strategy Tuned for XAUUSD M5

Engineered for rapid market movement—entry and exit are optimized for the M5 timeframe to capture frequent gold micro-moves. :contentReference[oaicite:4]{index=4}

Clear Trend Detection with Multi-Timeframe ADX

Utilizes ADX indicators across M5, M15, and H1 to confirm trend direction before entry, avoiding false spikes. :contentReference[oaicite:5]{index=5}

Impulse-Driven Entry (Acceleration Parameter)

Trade execution is based on momentum spikes detected via tick volume, ensuring you enter at strong price moves. :contentReference[oaicite:6]{index=6}

Flexible Profit & Stop Management

Includes trailing stop and a profit multiplier (Mult_Profit) to automate exit upon reaching target profitability. :contentReference[oaicite:7]{index=7}

Low Barrier to Entry

Setup is remarkably easy—even for beginners. A $1,000 starting balance is enough to operate, especially recommended with ECN brokers and VPS for stability. :contentReference[oaicite:8]{index=8}

Updated and Supported

Version 3.0 released in March 2024 includes improved entry logic and better alignment with current market behavior. :contentReference[oaicite:9]{index=9}

Optimal Settings Guide

• Instrument & Timeframe: XAUUSD on M5
• Trend Bars (Search_trend_bar): Default 50 bars—adjust per timeframe
• ADX Periods: Default M5, M15, H1—use as is for trend confirmation
• Step & Acceleration: Default works; tweak if refining entry sharpness
• TrailingStop & Mult_Profit: Use defaults for automated trade management

Conservative Mode

Stick with default values, ensure EcoN account and VPS use—great for low-risk live testing.

Aggressive Mode

Increase Acceleration for sharper entries and lower Mult_Profit for faster profit capture—but use with caution and adequate capital.

Example Strategy & Risk Management

Deploy on XAUUSD with default trend and momentum settings. Let the EA scalp small moves while confirming direction across higher timeframes. Use VPS and ECN broker to maintain execution fidelity. Drawdown is contained via TrailingStop and Mult_Profit. No promises—just structured approach.

Comparison & Compatibility

• MT4 only—no MT5 version available
• Can be complemented with chart indicators but works standalone
• Optimized for XAUUSD; using other instruments not recommended

For licensing or commercial terms, visit official specifications on MQL5 Marketplace.

License & Usage

The EBFE90 edition is modified to support full (unlimited) personal use. Details at Personal Use License (EBFE90). For client or commercial use, please acquire the original license from MQL5.

Buy Now

Why EBFE90 License Works Better:

• Instant download after purchase—ready to deploy.
• No activation hassles or binding to accounts.
• Proven, optimized scalper for fast gold trading.

FAQ – Gold Coin M5

• Q: What is Gold Coin M5?
  A: An XAUUSD scalping EA tailored for M5 timeframe with multi-timeframe ADX and impulse logic. :contentReference[oaicite:10]{index=10}
• Q: What’s the minimum balance?
  A: Around $1,000 is recommended to manage risk and margin. :contentReference[oaicite:11]{index=11}
• Q: Is it complicated to set up?
  A: Not at all—easy install and default settings work effectively. :contentReference[oaicite:12]{index=12}
• Q: What’s new in v3.0?
  A: Improved entry algorithm and trend logic updated in March 2024. :contentReference[oaicite:13]{index=13}
• Q: What trade logic does it use?
  A: Trend filter via ADX + momentum (acceleration) detection for fast entries. :contentReference[oaicite:14]{index=14}

Conclusion

Gold Coin M5 is a finely tuned gold scalper—simple, fast, and reliable. Its M5-focused logic, trend confluence, and scalability make it a valuable addition to your trading toolbox. With EBFE90’s unlimited personal license, setup is seamless, straightforward, and ready to run. Buy now and level up your gold scalping game.