GoldenShot is a single-position Gold Expert Advisor for MetaTrader 5, designed for disciplined trading with controlled risk and intelligent trade management. It combines two independently developed strategies—Pullback and Momentum—to identify qualified trading opportunities in XAUUSD.

Unlike grid-based and martingale systems, GoldenShot EA focuses on entering only when its trading conditions are satisfied, protecting every position with a broker-side stop loss, and managing trades when market conditions change.

No grid. No martingale. No averaging down. No lot scaling. Just structured entries, defined risk, and strategy-driven trade management.

Key Features

• Two Independent Strategies: Pullback and Momentum strategies operate within a single-position trading framework.
• Single-Position Trading: Only one GoldenShot position can be open at a time.
• Real Stop Loss: Every trade has a broker-side stop loss.
• Intelligent Entry Validation: Filters potential setups that match identified failure patterns.
• Rapid-Failure Protection: The Pullback strategy includes additional protection against certain early trade failures.
• Trailing Stop: Helps protect profits as the market moves in your favor.
• Advanced News Filter: Supports protection around NFP, CPI, FOMC events, and USD bank holidays.
• Risk-Based Position Sizing: Choose fixed lots or percentage-based risk calculated from the actual stop distance.
• Trading Session Controls: Multiple trading windows, a separate Friday schedule, and a Christmas holiday pause.
• Prop Firm Protection: Optional daily drawdown protection, losing-trade limits, and additional compliance controls.
• Live Dashboard: Monitor strategy performance, drawdown, news status, position details, stop loss, and profit targets.

Two Strategies, One Trading System

Pullback Strategy

Waits for price to retrace toward a short-term support or resistance area before looking for a confirmed rebound. Entries are evaluated using trend strength, momentum, and candle structure. This strategy also includes additional rapid-failure protection after entry.

Momentum Strategy

Identifies potential directional moves supported by expanding volatility and trend strength. It seeks to enter continuation opportunities while market structure remains favorable, using its own entry filters, stop loss, and trailing rules.

Both strategies can trade BUY and SELL positions. You can enable or disable individual strategies and restrict trading to one direction if preferred.

Designed for Real Trading Conditions

GoldenShot incorporates trading safeguards intended to make execution more consistent between testing and live environments.

• News-aware trading restrictions in backtests and live trading.
• Additional live news protection around high-impact events.
• Two news-calendar sources with fallback support.
• Broker-confirmed stop modifications.
• Automatic handling of different gold price formats, including three-decimal quotes.
• Spread and trading-session checks.
• No hidden recovery positions or averaging-down mechanisms.

The system was developed and tested using real-tick data across multiple broker feeds, with a particular focus on gold market conditions from 2025 onward.

Recommended Settings

• Platform: MetaTrader 5
• Symbol: XAUUSD (Gold)
• Timeframe: Any supported chart timeframe
• Minimum Recommended Deposit: $250 with a fixed 0.01 lot
• Recommended Deposit: $500 or more
• For approximately 1% risk: A $2,000–$2,500 account is suggested, depending on the selected strategy and stop distance.
• Account Type: Hedging account; RAW/ECN spreads recommended
• Leverage: 1:100 or higher
• VPS: Recommended for continuous 24/5 operation

Broker compatibility should be verified before live trading. Supported testing environments include Vantage, VT Markets, IC Markets, BlackBull, FXTRADING, and Exness.

Quick Setup

1. Enable algorithmic trading in MetaTrader 5.
2. Add the required news-calendar URL to the WebRequest allowlist.
3. Attach GoldenShot to your broker’s Gold chart.
4. Select your preferred risk percentage or fixed lot size.
5. Check the dashboard and confirm that the EA displays RUNNING.

The EA comes with its tested default settings, allowing you to begin testing without extensive initial configuration.

Who Is GoldenShot For?

GoldenShot is designed for traders who value selective entries, defined stop losses, disciplined position management, and transparent trading logic. It is particularly suitable for those who prefer quality-focused trading over constant market activity.

GoldenShot does not aim to trade every day. It waits for conditions that satisfy its strategy rules, so periods without trades are normal.