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Discover Manofgold 2026 review with MT5 results, 4.5/5 rating, average monthly returns and drawdown metrics, plus trade frequency stats. View full stats
Core approach and methodology
Powerful capabilities designed for professional trading
Uses EMA 25 and 50 on M5 timeframe for market direction
Hybrid trend-following and intelligent grid recovery mechanism
Sophisticated recovery algorithm to manage extended retracements
Configurable grid spacing and maximum active orders per pair
Optimized for MT5 with low-latency execution and order management
Special pricing model with limited-copy doubling after every five sales
This expert advisor is designed for these trader profiles
Active MT5 traders seeking automated trend and grid hybrid strategies
Traders who accept moderate volatility in exchange for higher returns
Experienced users wanting configurable recovery and position sizing controls
Portfolio managers adding algorithmic diversification to FX allocations
This detailed Manofgold review for 2026 focuses on performance and analysis across live MT5 accounts and controlled backtests to provide an objective evaluation. Manofgold stands out because it merges simple and proven trend logic with a layered grid recovery system; the baseline trend filter is EMA 25 and EMA 50 on the M5 timeframe, which keeps entries aligned with short-term market momentum. The algorithm opens directional trades with trend confirmation and layers additional grid entries during retracements, with predefined limits to avoid runaway exposure. What makes Manofgold unique is the explicit separation between trend identification and recovery execution. The EA does not rely on martingale on every trade but uses a measured recovery routine with configurable lot scaling and a maximum number of grid levels. Eakkarach Wikeng designed this EA for MT5 to optimize order handling and reduce slippage under typical broker conditions. In practice, Manofgold performs best in markets that exhibit medium-term directional moves with intermittent pullbacks, such as trending forex pairs and commodity crosses. Risk management in Manofgold is implemented through adjustable position sizing, per-trade maximum risk settings, and overall account drawdown caps. Expected performance characteristics are steady monthly returns with occasional deeper drawdowns during extended ranging markets; the EA targets positive expectancy rather than chase high short-term win rates. Pricing is published at $499.99 and includes the stated limited-copy pricing rule, which is useful information for buyers evaluating long-term availability rather than a performance claim.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
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
Based on historical data and strategy analysis
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
Step-by-step instructions to get Manofgold running on your MT5 platform
Install Manofgold by copying the EA file to the MT5 Experts folder and restarting the terminal. Attach the EA to an M5 chart for each pair you wish to trade and enable AutoTrading in MT5. Configure key parameters such as lot sizing, maximum grid levels, grid spacing, and maximum allowed drawdown before activation. Choose brokers with low spreads, good order execution, and stable servers; ECN or raw-spread brokers are recommended. Run forward testing on a demo account for at least 4 to 8 weeks and perform a 6- to 12-month backtest using tick data where possible to validate performance under different market conditions.
Download Manofgold from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
| Robot | Platform | Avg ROI | Drawdown | Win Rate | Price | |
|---|---|---|---|---|---|---|
![]() Manofgold | MT5 | - | - | - | $499.99 | Current |
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Manofgold is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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