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Gmine MOHD iK (MT5) — review, price and free alternatives
MT5 expert advisorfree on MQL5by Md Iqbal Kaiser
Gmine MOHD iK is a free MetaTrader 5 expert advisor by Md Iqbal Kaiser 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.
Gmine MOHD iK — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Md Iqbal Kaiser
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Gmine MOHD iK on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Gmine MOHD-iK FREE is the essential version of our Gold trading algorithm.
Before you use Gmine MOHD iK
What the developer claims
- It uses the exact same core entry signals as the PRO version but removes the complex management features to provide a stable, low-risk experience for beginners.
- This removes the risk of accidental over-levera.
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.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- 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 Gmine MOHD iK
Compiled from its public MQL5 listing. FxRobotEasy has not traded Gmine MOHD iK; what these notes say about how it works comes from that listing.
Overview
This Gmine MOHD iK review provides a clear 2026 performance analysis of the FREE gold trading algorithm and its practical behavior on MT5. The algorithm relies on multi-timeframe confirmation: higher timeframe trend detection followed by lower timeframe timing for entries. In the FREE edition every trade is executed at a fixed 0.01 lot, eliminating risk from accidental over-leveraging and simplifying margin planning.
In practice Gmine MOHD iK scans XAUUSD for synchronized signals across selected timeframes and places market orders with predefined stop loss and take profit parameters or trailing rules as provided. Risk management in the FREE version is deliberately conservative: fixed sizing, capped trade concurrency, and avoidance of compounding strategies. Expected performance characteristics include lower monthly returns compared to PRO, but with reduced volatility and more predictable drawdown behavior. Traders can expect sporadic daily trades with emphasis on capital preservation.
Overall, Gmine MOHD iK is positioned as an educational and defensive automated tool on MT5, suitable for traders who prioritize consistent results over aggressive growth, and who want to evaluate core signal performance before committing to paid management features in the PRO release.
Risk notes
Gmine MOHD iK is best described as conservative to moderate risk due to its fixed lot sizing and stripped-down management. The FREE edition uses predefined stop loss placement based on signal criteria rather than aggressive wide stops, which helps limit individual trade losses. Position sizing is fixed at 0.01 lot, removing human error from leverage decisions but also limiting scalability. Vulnerabilities include sharp, sudden gold spikes from macro news or low-liquidity periods where stop levels can be widened or slippage occurs.
Listed strengths
- Fixed lot size eliminates accidental over-leveraging
- Simple configuration ideal for MT5 beginners
- Core PRO entry signals tested across market conditions
- Low volatility profile with controlled drawdowns
Worth checking
- Fewer advanced management features than PRO
- Performance reduced compared to risk-on versions
- Vulnerable to fast spikes and news-driven volatility
Setup
Install the expert advisor in MT5 by copying the Gmine MOHD iK.ex5 file into the Experts folder and restarting the platform. Attach the EA to an XAUUSD chart and enable automated trading in MT5. Choose a broker with tight gold spreads and reliable execution, preferably ECN or low-spread STP accounts. Optimal chart timeframes use H4 for trend confirmation and H1 for entry timing. Run forward tests on a demo account and conduct a 3-6 week live-demo period before any live deployment.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Gmine MOHD iK or GoldStrike AI?
| Gmine MOHD iK | GoldStrike AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Md Iqbal Kaiser | FxRobotEasy |
Gmine MOHD iK — questions
What is Gmine MOHD iK?
Gmine MOHD iK is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Md Iqbal Kaiser, 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.
What strategy does Gmine MOHD iK use?
In practice Gmine MOHD iK scans XAUUSD for synchronized signals across selected timeframes and places market orders with predefined stop loss and take profit parameters or trailing rules as provided. The system performs best in trending or mildly volatile gold conditions where signals are clear and false breaks are limited. Risk management in the FREE version is deliberately conservative: fixed sizing, capped trade concurrency, and avoidance of compounding strategies. Expected performance characteristics include lower monthly returns compared to PRO, but with reduced volatility and more predictable drawdown behavior. Traders can expect sporadic daily trades with emphasis on capital preservation.
Does Gmine MOHD iK work on MT4 or MT5?
Gmine MOHD iK runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Gmine MOHD iK free to download?
Yes -- Gmine MOHD iK is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-03-04. The file is downloaded from the developer's (Md Iqbal Kaiser) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Gmine MOHD iK?
FxRobotEasy has not traded Gmine MOHD iK 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 Gmine MOHD iK elsewhere comes from its developer or from a third party.
What are the pros and cons of Gmine MOHD iK?
Strengths of Gmine MOHD iK: Fixed lot size eliminates accidental over-leveraging; Simple configuration ideal for MT5 beginners; Core PRO entry signals tested across market conditions; Low volatility profile with controlled drawdowns. Limitations: Limited scalability due to fixed 0.01 lot sizing; Fewer advanced management features than PRO; Performance reduced compared to risk-on versions; Vulnerable to fast spikes and news-driven volatility.
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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.