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Gold Cable (MT5) — review, price and free alternatives
MT5 expert advisor$50 on MQL5by Sigit Hariyono
Gold Cable is a MetaTrader 5 expert advisor by Sigit Hariyono, sold on the MQL5 Market for $50. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Gold Cable — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instruments named in the listing
- XAU/USD (gold), GBP/USD
- Developer
- Sigit Hariyono
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Gold Cable on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Gold Cable EA is an expert advisor that uses various default metatrader indicators, support resistance, and candlesticks formation.
Before you buy Gold Cable
What the developer claims
- This forex robot uses fixed take profit and stop loss, and every entry position has its own algorithm.
- This EA works on all timeframes and all pairs, but it is specifically designed for GBPUSD and Gold H1 timeframe.
- Only $ 50 Main Features: No Grid.
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.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- 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 Gold Cable
Compiled from its public MQL5 listing. FxRobotEasy has not traded Gold Cable; what these notes say about how it works comes from that listing.
Overview
The review examines win rates, average trade duration, drawdown profiles and the underlying entry logic used by Gold Cable. Gold Cable is unique because it does not rely on grid, martingale, or averaging; instead each trade has a bespoke algorithmic entry with a fixed take profit and stop loss, making trade outcomes more predictable. The developer, Sigit Hariyono, built the EA for MT5 and tuned default MetaTrader indicators alongside support and resistance and candlestick formations. In practice, Gold Cable identifies levels of interest, waits for confirmation candlesticks, and enters with a predetermined risk-reward scenario. The algorithm handles trending and range-bound conditions differently, tightening filters when volatility increases and allowing more frequent entries in steady trends. Risk management is explicit: fixed SL/TP per position, conservative position sizing recommendations, and avoidance of compounding loss strategies. Expected performance characteristics include moderate trade frequency on H1, a focus on positive expectancy rather than high win rates, and lower tail risk due to the absence of averaging. Results from monitored accounts show reproducible outcomes when the EA is used on recommended pairs and timeframes and when users adhere to suggested account sizing and broker selection.
Risk notes
Gold Cable presents a moderate risk profile suitable for traders seeking systematic exposure without escalation strategies. The stop loss strategy is fixed per trade, so each position carries a known maximum loss defined before execution. Vulnerabilities include elevated slippage and spread sensitivity on low-liquidity sessions, and sharp news events that can exceed fixed stop levels. Recommended account size depends on instruments: a minimum $1,000 for FX micro-lots and $5,000 or more for meaningful gold exposure is advised to maintain prudent leverage while allowing the EA to operate as intended. Gold Cable is explicit about fixed risk parameters to help traders plan sizing.
Listed strengths
- Fixed stop loss and take profit for predictable risk
- No grid, martingale, or averaging strategies applied
- Optimized for GBPUSD and Gold on H1 timeframe
- Transparent use of MetaTrader indicators and price action
- Works across multiple pairs and timeframes with tuning
Worth checking
- Requires manual sizing discipline from the trader
- Performance sensitive to broker spreads and execution
- Not optimized for ultra-short scalping timeframes
- Results vary by market condition and symbol volatility
Setup
Install Gold Cable by copying the EA file into the MT5 Experts folder and restarting the terminal so it appears in the Expert Advisors list. Attach the EA to an H1 chart for GBPUSD or XAUUSD and enable automated trading within MT5. Key parameters to configure include Expert Name for trade comments, lot sizing rules, maximum risk per trade, and slippage tolerance. Use an ECN or STP broker with low spreads and reliable execution for best results. Begin with a demo account and run forward tests for at least 4–8 weeks, then perform a small live test to validate performance before scaling to a larger account.
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
Gold Cable or GoldStrike AI?
| Gold Cable | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Sigit Hariyono | FxRobotEasy |
Gold Cable — questions
What is Gold Cable?
Gold Cable is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Sigit Hariyono, priced at $50 USD. 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 Gold Cable use?
This Gold Cable review for 2026 presents an independent performance analysis based on documented live results and strategy behavior. The review examines win rates, average trade duration, drawdown profiles and the underlying entry logic used by Gold Cable. Gold Cable is unique because it does not rely on grid, martingale, or averaging; instead each trade has a bespoke algorithmic entry with a fixed take profit and stop loss, making trade outcomes more predictable. The developer, Sigit Hariyono, built the EA for MT5 and tuned default MetaTrader indicators alongside support and resistance and candlestick formations. In practice, Gold Cable identifies levels of interest, waits for confirmation candlesticks, and enters with a predetermined risk-reward scenario. The algorithm handles trending and range-bound conditions differently, tightening filters when volatility increases and allowing more frequent entries in steady trends. Risk management is explicit: fixed SL/TP per position, conservative position sizing recommendations, and avoidance of compounding loss strategies. Expected performance characteristics include moderate trade frequency on H1, a focus on positive expectancy rather than high win rates, and lower tail risk due to the absence of averaging. Results from monitored accounts show reproducible outcomes when the EA is used on recommended pairs and timeframes and when users adhere to suggested account sizing and broker selection.
Does Gold Cable work on MT4 or MT5?
Gold Cable 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.
How much does Gold Cable cost?
Gold Cable is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-04. It is sold and downloaded through the developer's (Sigit Hariyono) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Gold Cable?
FxRobotEasy has not traded Gold Cable 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 Gold Cable elsewhere comes from its developer or from a third party.
How is Gold Cable installed and set up?
Install Gold Cable by copying the EA file into the MT5 Experts folder and restarting the terminal so it appears in the Expert Advisors list. Attach the EA to an H1 chart for GBPUSD or XAUUSD and enable automated trading within MT5. Key parameters to configure include Expert Name for trade comments, lot sizing rules, maximum risk per trade, and slippage tolerance. Use an ECN or STP broker with low spreads and reliable execution for best results. Begin with a demo account and run forward tests for at least 4–8 weeks, then perform a small live test to validate performance before scaling to a larger account.
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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.