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Gloxen FX Gold EA (MT4) — review, price and free alternatives
MT4 expert advisorfree on MQL5by Sayan Vandenhout
Gloxen FX Gold EA is a free MetaTrader 4 expert advisor by Sayan Vandenhout on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Gloxen FX Gold EA — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Sayan Vandenhout
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Gloxen FX Gold EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Gloxen FX USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT.
Before you use Gloxen FX Gold EA
What the developer claims
- AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES.
- IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT.
- USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 5 great strategies The EA can be run on even a $20000 ac.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- How it handles losing trades. The listing mentions martingale trading. Find out how far it adds to losing positions and what the worst drawdown was.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Gloxen FX Gold EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded Gloxen FX Gold EA; what these notes say about how it works comes from that listing.
Overview
Gloxen FX Gold EA by Sayan Vandenhout represents a comprehensive automated trading solution for MT4 traders. What sets Gloxen FX Gold EA apart is its balanced approach to trade execution and capital preservation.
Risk notes
Gloxen FX Gold EA implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Sayan Vandenhout
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Gloxen FX Gold EA on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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The team's notes, every day
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Gloxen FX Gold EA or GoldStrike AI?
| Gloxen FX Gold EA | GoldStrike AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Sayan Vandenhout | FxRobotEasy |
Gloxen FX Gold EA modelled Strategy Tester aggregate
As of August 31, 20265.62%
Simulated average ROI
27.57%
Simulated average drawdown
1,850
Simulated trades
0.89
Simulated profit factor
47.4%
Simulated win rate
2
Modelled scenarios
Subject: Gloxen FX Gold EA averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
Gloxen FX Gold EA — questions
What is Gloxen FX Gold EA?
Gloxen FX Gold EA is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Sayan Vandenhout, and it is listed at no charge. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Gloxen FX Gold EA work on MT4 or MT5?
Gloxen FX Gold EA runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Gloxen FX Gold EA free to download?
Yes -- Gloxen FX Gold EA is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Sayan Vandenhout) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Gloxen FX Gold EA?
FxRobotEasy has not traded Gloxen FX Gold EA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Gloxen FX Gold EA elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.