Golden Hen Basic: Automated MT5 trading for XAUUSD with verified risk controls
Discover Golden Hen Basic 2026 review with verified XAUUSD trading results, win rate estimates, drawdown stats, and clear strategy analysis to act now.
Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Five independent strategies targeted at varied market regimes
Designed exclusively for XAUUSD with MT5 compatibility
Operates across M5, M30, H2, H4, and H6 timeframes
Automatic entry filters with predefined stop loss and take profit
No grid, martingale, or averaging techniques used
Configurable risk parameters and conservative trade management
Who Should Use Golden Hen Basic?
This expert advisor is designed for these trader profiles
Conservative Trader
Risk-AverseConservative traders seeking steady XAUUSD returns with controlled drawdowns
Ideal Trader
RecommendedActive MT5 users wanting automated multi-timeframe strategy exposure
Ideal Trader
RecommendedPortfolio managers adding an algorithmic metal strategy component
Ideal Trader
RecommendedTraders preferring predefined risk per trade and no martingale
Detailed Review
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.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Golden Hen Basic Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Golden Hen Basic Setup Guide & Installation
Step-by-step instructions to get Golden Hen Basic running on your MT5 platform
Step 1
Install Golden Hen Basic on MT5 by copying the EA file into the Experts folder, restarting the platform, and attaching the EA to an XAUUSD chart. Enable automated trading and allow live trading in MT5 settings, and configure magic numbers if running multiple instances. Key parameters to adjust include risk percentage per trade, maximum simultaneous trades, and timeframe activation for each of the five strategies. Recommended brokers are ECN or STP accounts with low spreads on XAUUSD and stable execution during high volatility. Optimal chart timeframes for monitoring are M5, M30, H2, H4, and H6. Start with demo testing for 4 to 8 weeks, then run a forward test on a small live account before full deployment.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download Golden Hen Basic from the MQL5 Market
Developed by Taner Altinsoy
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Golden Hen Basic is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with Golden Hen Basic
Join hundreds of traders already using Golden Hen Basic for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources