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M5 Gold Arrows (MT4) — review, price and free alternatives
MT4 indicator$99 on MQL5by Pieter Gerhardus Van Zyl
M5 Gold Arrows is a MetaTrader 4 indicator by Pieter Gerhardus Van Zyl, sold on the MQL5 Market for $99. 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.
M5 Gold Arrows — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Pieter Gerhardus Van Zyl
- Price
- $99
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded M5 Gold Arrows on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
M5 Gold Arrows is a clean, easy-to-use trading indicator designed to highlight potential market reversal and continuation opportunities using intelligent market analysis.
Before you buy M5 Gold Arrows
What the developer claims
- The indicator is designed to produce non-repainting arrows after a candle has closed, allowing traders to review historical signals with confidence.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on M5 Gold Arrows
Compiled from its public MQL5 listing. FxRobotEasy has not traded M5 Gold Arrows; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 M5 Gold Arrows review examines real performance and trading analysis to help you make informed decisions. M5 Gold Arrows by Pieter Gerhardus Van Zyl represents a comprehensive automated trading solution for MT4 traders. What sets M5 Gold Arrows apart is its balanced approach to trade execution and capital preservation.
Risk notes
M5 Gold Arrows implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Pieter Gerhardus Van Zyl
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing M5 Gold Arrows on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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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
M5 Gold Arrows or GoldStrike AI?
| M5 Gold Arrows | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($99) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Pieter Gerhardus Van Zyl | FxRobotEasy |
M5 Gold Arrows — questions
What is M5 Gold Arrows?
M5 Gold Arrows is a MetaTrader 4 indicator published on the MQL5 Market by Pieter Gerhardus Van Zyl, priced at $99 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does M5 Gold Arrows work on MT4 or MT5?
M5 Gold Arrows runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does M5 Gold Arrows cost?
M5 Gold Arrows is a paid product listed at $99 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-07-31. It is sold and downloaded through the developer's (Pieter Gerhardus Van Zyl) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for M5 Gold Arrows?
FxRobotEasy has not traded M5 Gold Arrows 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 M5 Gold Arrows elsewhere comes from its developer or from a third party.
Similar expert advisors
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.