Golden Hen Basic: Automated MT5 trading for XAUUSD with verified risk controls

Golden Hen Basic review for 2026 focuses on real trading performance and objective strategy analysis across both backtests and live accounts. In this review we examine Golden Hen Basic behavior on XAUUSD, evaluating entry rules, timeframes, and net returns while comparing live statistics to historical simulations. The analysis emphasizes transparency: the EA uses five independent strategies across M5, M30, H2, H4, and H6 and explicitly avoids grid, martingale, and averaging, which reduces tail-risk concentration. Golden Hen Basic manages each trade with a predefined stop loss and take profit and applies automatic filters to reduce noise during low-liquidity periods. What makes Golden Hen Basic unique is the modular approach—each strategy contributes a distinct edge and can be monitored separately in the MT5 strategy tester or via live report export. The algorithm combines momentum and mean-reversion signals with timeframe-specific conditions so that trade frequency varies by component; some strategies trigger several trades per day on M5 while higher timeframe strategies act less frequently but target larger moves. Taner Altinsoy developed the EA with a focus on controlled risk, pricing the product at $299 and providing parameter transparency for experienced users. Overall, Golden Hen Basic presents a balanced mix of automation, multi-timeframe coverage, and conservative trade structures suitable for traders who prioritize consistent, measurable performance.