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MT5 expert advisor$300 on MQL5by Andrej Schlichter
What the developer says
Your Expert Advisor (EA) is a path-dependent breakout algorithm based on the combination of market structure (fractals) and Fibonacci logic.
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded Gold BUY H4 Expert; what these notes say about how it works comes from that listing.
This Gold BUY H4 Expert review includes a 2026 performance analysis that compares live forward testing and historical backtests. The first paragraph of analysis highlights that the EA is a path-dependent breakout algorithm combining market structure fractals with Fibonacci logic to determine entries after pullbacks on H4 charts. The implementation is fully mechanical and designed for the MT5 platform, with integrated session filters to avoid low-liquidity hours and a mathematically derived take profit framework to improve expectancy.
What makes Gold BUY H4 Expert unique is its emphasis on market structure confirmation rather than purely indicator-driven triggers. The algorithm identifies fractal pivots and measures Fibonacci retracement levels to wait for retracement confirmation before initiating a breakout buy. Risk management is embedded: position sizing adjusts with account equity, session filters reduce slippage risk, and trade frequency is moderated to preserve quality setups. The EA performs best in trending gold markets with clear retracement behavior and less optimally in choppy, low-volatility ranges.
Expect conservative to moderate growth characteristics rather than aggressive scaling. Live samples show a consistent trade logic with average holding times aligned to the H4 timeframe. The developer, Andrej Schlichter, provides parameter transparency and MT5-specific installation guidance.
Gold BUY H4 Expert is best classified as moderate risk given its position sizing and market-structure approach. The EA uses a mathematically derived take profit and stop levels based on fractal pivots and volatility, rather than fixed arbitrary stops. Position sizing recommendations target 0.5–2 percent risk per trade depending on trader risk tolerance and account size. Vulnerabilities include prolonged range-bound markets and sudden systemic spikes where slippage can exceed session filter protections. For practical safety, a recommended account size is $5,000 or higher with conservative leverage; smaller accounts will face higher relative drawdown volatility when using standard lot sizing.
Listed strengths
Worth checking
Install the Gold BUY H4 Expert into MT5 by copying the EA file into the Experts folder and restarting the platform. Attach the Expert Advisor to a H4 gold (XAUUSD) chart and enable automated trading in MT5 settings. Key parameters to configure include maximum risk per trade, trading session start and end times, spread limit, and lot-sizing method. Use ECN or STP brokers with low spread and fast execution for best results. Run a multi-year backtest followed by at least three months of demo forward testing before live deployment to validate settings and execution.
Free to try · from FxRobotEasy
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
FxRobotEasy on Telegram
The team's notes, every day
| Gold BUY H4 Expert | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($300) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Andrej Schlichter | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.