FTMO Gold EA MT5 with Setfiles

Introducing FTMO Gold EA MT5

FTMO Gold EA MT5 is an automated trading system specifically designed for prop firm challenges, combining a 93% win rate with strict risk management controls for XAUUSD trading. The EA achieved a profit factor of 14.29 and maximum drawdown of just 3.48% in recent backtests, demonstrating its focus on capital preservation over aggressive returns.

Key Findings

• Primary Function: Automated XAUUSD trading robot built specifically for prop firm evaluation accounts with integrated risk controls and news filtering

• Trading Strategy: The EA uses an undisclosed algorithmic approach for gold trading on H1 timeframe, though the specific entry/exit logic and technical indicators remain proprietary and unexplained

• Core Algorithm: Black-box system with no disclosed strategy details – users cannot understand why trades are entered or exited, making it impossible to align with personal market analysis or modify based on changing conditions

• Key Benefits with Trade-offs:

• Exceptional win rate (93.04%) but relies on undisclosed strategy that may not adapt to changing market conditions
• Low drawdown (3.48%) achieved through conservative position sizing, limiting profit potential per trade
• Built-in news filter reduces event risk but may cause missed opportunities during volatile periods
• Automated risk management enforces discipline but removes trader discretion in favorable market conditions

• Verified Performance Data: Backtests show 14.29 profit factor and 93% win rate over 115 trades, but maximum equity drawdown reached 9.20% during testing – performance concentrated in 2024-2025 period with no live trading verification

• Primary Risks: Strategy opacity creates black-box risk, exceptionally high win rates suggest potential over-optimization for specific market conditions, and lack of strategy disclosure makes it impossible to assess market regime dependency

Recommendations for using FTMO Gold EA MT5

• Trading Platform: MetaTrader 5 (MT5) exclusively
• Pairs: XAUUSD only – designed specifically for gold trading with no multi-pair capability
• Supported Accounts: ECN and Standard accounts compatible, though prop firm accounts are the primary target
• Timeframe: H1 (1-hour) charts exclusively – no flexibility for other timeframes
• Trading Time: 24/5 operation with customizable session controls and weekend closure options
• Leverage: Recommends conservative leverage (1:100 or lower) due to gold’s inherent volatility – higher leverage significantly amplifies both profit potential and loss risk
• Minimum Deposit: $500 minimum shown in backtests, though $5,000+ advisable for better risk management given gold’s price volatility and margin requirements

Review of FTMO Gold EA MT5

FTMO Gold EA MT5 delivers impressive backtest results with 93% win rate and low drawdown, addressing traders’ need for disciplined prop firm trading while introducing black-box strategy risk. Best suited for prop firm candidates prioritizing rule compliance over strategy transparency, though users must accept unknown trading logic.

Backtest Performance Highlights:
• Initial $500 Account: 4,167.20 profit (833% return) with 3.48% maximum drawdown

• Initial $5,000 Account: 62,508 profit (1,250% return) with 6.86% maximum drawdown

• Initial $20,000 Account: 284,613 profit (1,423% return) with 8.28% maximum drawdown

Note: Higher account sizes showed proportionally higher drawdowns alongside increased returns

Is FTMO Gold EA MT5 the Right Choice For You?

• Purpose-Built for Prop Firms: Specifically designed for FTMO-style challenges with built-in risk controls and news filtering, though success depends entirely on undisclosed strategy continuing to work

• Exceptional Risk Management: Comprehensive drawdown protection and automated rule enforcement reduces emotional trading mistakes, but rigid controls may limit adaptation to changing market conditions

• Consistent Performance Pattern: Backtests show stable monthly returns with high win rates, though all data comes from 2024-2025 period with no long-term or live trading verification

• Time-Efficient Automation: Fully automated operation with minimal monitoring required, but black-box nature means users cannot understand or modify the trading approach

• Conservative Position Sizing: Fixed lot approach reduces account risk while potentially limiting profit potential compared to more aggressive scaling strategies

Final Verdict

FTMO Gold EA MT5 offers compelling backtest results with excellent risk management for prop firm traders, but requires accepting unknown strategy logic and limited historical data. Ideal for disciplined prop firm candidates; avoid if you need strategy transparency or long-term performance verification.

FTMO Gold EA MT5 Download Contents:

• Link download experts:
  • FTMO Gold EA MT5.ex4
• Presets:
  • Gold_Autolot.set