Read first: the risks
- You can lose up to your whole deposit. Gold moves fast and the account uses leverage. The EA has losing trades, losing days and losing months. Only trade money you can afford to lose.
- Over 2020-2024 the tests were close to flat (close to nothing over 5 years). The gains in the tests come from 2025-2026 only, and no one knows which of the two the next year will look like.
- Even in 2025-2026, 5 of the 23 months ended with a loss (fixed 0.01 lot).
- Every figure comes from one backtest at one broker, January 2025 - November 2026. The future can be worse, and each broker has its own prices, spread and commission.
- Small accounts carry more risk than the tables: below the balance a risk mode needs, the EA still opens the broker's minimum lot (usually 0.01).
- A stop loss does not promise the exit price. In a fast market or a price gap (for example after the weekend) a trade can close worse than its stop.
- Start on a Demo account for at least 2-4 weeks, then a Cent account with 50-100 USD (= 5,000-10,000 USC) on Low risk: to learn, not to earn.
Who can use it for free
Free for MT5 accounts opened through our partner (IB) link. One account unlocks every EA.
Exness does not accept residents of some countries, including the US, Canada, the UK, most of Europe, Australia, Japan, India, Malaysia and Singapore. This offer is not for residents of those countries. Please check before you open an account.
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What is Gold Recoil
| Topic | Details |
|---|---|
| Platform | MT5, hedging account (netting accounts are refused) |
| Symbol and chart | XAUUSD (suffix allowed, e.g. XAUUSDm), any timeframe |
| Also needed | EURUSD in Market Watch (same suffix as gold), no chart needed |
| Trades at once | 1; never adds to a losing trade, no grid / martingale |
| Stop loss | At the broker on every trade, from the moment it opens |
| Risk modes | Low (default) / Mid / High / Risk % / Fixed lot |
| Broker time | The EA reads the server clock itself, nothing to set |
| Always on | VPS or a computer running 24/5: some exits are made by the EA itself |
Who it suits
Suits
- People who want a gold EA with one trade at a time, a stop loss on every trade and no grid
- People who accept losing months, and that the 2020-2024 tests were close to flat
- People who have passed Demo and start real money on a Cent account in Low mode
Does not suit
- People who expect a profit every month
- People without a VPS or a computer that stays on 24/5
- People who have never tried it on Demo
Minimum settings to run it (3 items)
| Input (as shown in MT5) | Suggested value | Meaning |
|---|---|---|
| Risk mode | Low | 0.01 lot for each 5,000 USD of balance (default) |
| Magic number | 26110950 | Change it only if another EA uses it; never while a trade is open |
| Server hours ahead of New York when it cannot be read | 7 | Used only when the EA cannot read the server clock itself; leave it at 7 |
Risk modes (backtest on 15,000 USD)
| Mode | 0.01 lot per | Lot on 15,000 USD | Deepest drop in the test |
|---|---|---|---|
| Low (default) | 5,000 USD | 0.03 | 1.94% |
| Mid | 2,500 USD | 0.06 | 4.11% |
| High | 1,000 USD | 0.15 | 9.61% |
| Risk % (0.5% per trade) | Worked out from the stop when the trade opens | Set by the stop | 1.32% |
One backtest, January 2025 - November 2026, 15,000 USD, one broker (the lot grew with the balance). Your drop can be deeper. Below a mode's step the EA still opens the minimum lot: on 1,000 USD, Low mode still opens 0.01, the risk of High mode.
How to install Gold Recoil on MT5
- Download the .ex5 file with the button above
- Open MT5 and go to File > Open Data Folder
- Open the MQL5 > Experts folder and put the .ex5 file there
- Back in MT5, right-click Expert Advisors in the Navigator window and click Refresh
- Go to Tools > Options > Expert Advisors, tick Allow WebRequest and add these 3 URLs (used for the licence check): https://zab-license.bangzeed.workers.dev, https://zab-license.vercel.app, https://license.forexreviewth.com
- Drag the EA onto a chart, set it up with the settings on this page, then turn on the Algo Trading button
5 hard rules (never do these)
- Do not delete or move the EA's stop loss by hand.
- Do not open trades by hand with the EA's magic number.
- 1 copy per account. A second copy needs its own magic number and the risk becomes 2 times as large.
- Moving VPS: remove the EA from the old one first, then install it on the new one.
- Do not use real money before 2-4 weeks on Demo.