DiginGold EA V1.0 MT5 — A Range-Mode Gold Robot with Simple, Sensible Sizing


Gold doesn’t always trend. In fact, a lot of the day it chops around, bouncing between intraday support and resistance. DiginGold EA V1.0 (MT5) is built for exactly that environment—range mode on XAUUSD—with straightforward position management and a clear, conservative sizing guideline. If you’ve been looking for a gold bot that favors patience over panic and keeps sizing simple, this one’s worth a proper look.


What Is DiginGold EA V1.0 MT5?


DiginGold is an MT5 expert advisor for XAUUSD only. It’s intended to operate when the market is in a range, not during strong trends or news-driven breakouts. The EA can open multiple positions (recommended: 20) to build exposure across a defined zone, and it supports both fixed volume and lot scaling. If you prefer fixed volume, just set minlot and maxlot to the same value and you’re good to go.


Quick facts:



  • Symbol: XAUUSD (Gold)

  • Platform: MetaTrader 5

  • Market Type: Range / sideways conditions

  • Positions: Recommended to set 20

  • Fixed Volume: Set minlot = maxlot

  • Lot Sizing Guideline: Increase 0.01 lot per $5,000 deposit

  • Minimum Deposit: $5,000 for 0.01 lot


This EA keeps configuration minimal and transparent, which is exactly what short-term gold traders often need.


When to Use It (and When Not To)


Use DiginGold when:



  • Price is oscillating between clear intraday levels.

  • Volatility is moderate and spreads are stable.

  • Your plan is to harvest mean-reverting moves in a contained range.


Avoid or pause when:



  • Major high-impact news is due (CPI, FOMC, NFP, rate decisions).

  • XAUUSD is in a strong directional trend with wide bars and expanding ATR.

  • Spreads are abnormal (rollover, holidays, or thin liquidity).


The EA is specialized. It doesn’t try to do everything. Stay honest about conditions; range logic shines in the right regime.



Key Features



  • Range-Mode Logic: Designed for sideways markets on XAUUSD.

  • Multi-Position Framework: Recommended 20 positions to spread entry price across a zone.

  • Fixed Volume Option: Set minlot = maxlot to keep lot size constant per position.

  • Simple Sizing Rule: Add 0.01 lot for each $5,000 added to deposit size.

  • Clear Minimums: $5,000 minimum deposit for 0.01 lot keeps the risk more sensible.

  • MT5 Native: Leverages MT5 stability and order handling for gold.

  • Hands-Off Operation: Once set, you let it do the repetitive work—within your defined plan.


No gimmicks. Just a range engine with position layering and a sizing rule you can explain in one sentence.


The Sizing Guideline (Plain and Simple)


The recommended sizing approach is deliberately conservative and easy to remember:




  • Every +$5,000 in account balance → +0.01 lot.




Examples:



  • $5,000 → 0.01

  • $10,000 → 0.02

  • $15,000 → 0.03

  • $20,000 → 0.04


This keeps your position size proportional to equity, which helps stabilize risk across different account sizes. If you prefer to start even more conservatively—totally fine. Many traders do.


Why 20 Positions?


Using up to 20 positions in a range allows the EA to ladder entries rather than making a single all-or-nothing bet. That can:



  • Improve the average entry price within the range

  • Reduce the impact of a single bad fill

  • Offer more exit flexibility as price oscillates


It’s still your responsibility to ensure the total exposure (20 × your lot size) fits your risk tolerance. The fixed volume option (minlot = maxlot) makes that math easy.



Installation & Quick Setup (MT5)



  1. Install the EA
    MT5 → File → Open Data Folder → MQL5/Experts → paste the EA file → restart MT5.

  2. Open a Gold Chart
    Add XAUUSD (Gold), pick your preferred timeframe (many range traders like M5–M30).

  3. Attach the EA
    Navigator → Experts → drag DiginGold EA V1.0 to the chart → Allow Algo Trading.

  4. Set Volume Mode

  5. For fixed volume, set minlot = maxlot (e.g., both to 0.01 for a $5,000 account).

  6. For scaled sizing, follow the 0.01 per $5,000 rule and set lots accordingly.

  7. Set Positions
    In inputs, set Number of Positions = 20 (recommended) unless your plan says otherwise.

  8. Broker & VPS
    Gold can be fast. A low-latency VPS and a tight-spread broker help execution quality.


Practical Risk Notes (Please Read)



  • Past performance ≠ future results. Range bots can struggle in surprise breakouts.

  • Respect your stop logic. If your version includes protective stops, use them; if it uses a range exit plan, understand it fully.

  • News discipline matters. Gold reacts violently to macro releases. Consider pausing around red-flag events.

  • Don’t over-optimize. Forward test for at least 2–4 weeks before scaling.

  • Total exposure is what counts. Twenty small positions can add up—do the math on worst-case.


Operating Tips for Range Days



  • Mark your levels: Identify the day’s range boundaries and recent swing zones.

  • Watch volatility: If ATR balloons or candles elongate, conditions may be shifting from range to trend.

  • Let it breathe: Ranges often require patience; don’t panic on every flicker.

  • Journal results: Track average win, average loss, and days when the range breaks—these insights guide tweaks.


Who Is DiginGold For?



  • Gold traders who prefer mean-reversion style on quiet to moderate days.

  • Operators who like simple rules: fixed volume, capped positions, repeatable sizing.

  • Systematic users who value routine—set conditions, run the plan, review weekly.


If you’re a pure trend-chaser, this EA won’t be your favorite. If you appreciate calm range harvesting and transparent exposure, you’ll feel right at home.


Final Word


DiginGold EA V1.0 MT5 is straight-shooting by design: XAUUSD only, range conditions, 20 positions recommended, and a clear lot rule—0.01 per $5,000. For many gold traders, that’s exactly the kind of structure that keeps emotions out and risk in check. Start slow, verify on demo, then scale with data—not hope.


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Happy Trading