Trading gold on MT5 can feel like navigating a minefield—volatility is high, spreads can widen, and a single bad move wipes out your gains. If you’re tired of manual guesswork and inconsistent signals, the NIKE GOLD EA V2.20 MT5 offers a breath of fresh air. This free forex EA is engineered specifically for XAUUSD on MetaTrader 5, blending advanced machine-learning filters with time-tested price-action rules. Whether you’re a scalper chasing small swings or a swing trader holding for hours, NIKE GOLD EA aims to deliver clear, rules-based entries and exits so you can trade gold like a pro—without the emotional roller-coaster.


What Is NIKE GOLD EA V2.20?


NIKE GOLD EA V2.20 is the latest iteration of the popular gold-trading robot from YoForex. It’s a dedicated MT5 expert advisor that:



  • Analyzes XAUUSD using adaptive volatility bands and candlestick pattern recognition

  • Executes trades automatically based on predefined risk parameters (no martingale, no grid)

  • Optimizes position sizing with dynamic lot calculation to protect capital during drawdowns


With its intuitive signal arrows and configurable alerts, NIKE GOLD EA takes the heavy lifting out of trading gold. You still control your risk settings—stop loss, take profit, and max open trades—but the EA hunts for setups that match its statistical edge.


Key Features



  • Adaptive Volatility Bands: Automatically widens or narrows based on recent true range, filtering out whipsaws.

  • Pattern Recognition Engine: Spots pin bars, engulfing patterns, and double-tops/bottoms on M5–H1 charts.

  • Dynamic Lot Sizing: Uses a fixed-fractional model to risk a set percentage per trade, keeping drawdown in check.

  • No Martingale, No Grid: Pure signal-based entries ensure you trade your strategy, not chase losses.

  • Multi-Timeframe Confirmation: Optional H4 trend filter to align scalps with the bigger picture.

  • Custom Alerts: Popup, email, or mobile push whenever a new signal forms.

  • Backtest-Ready: Built for MT5’s Strategy Tester with an included demo EA wrapper.

  • User-Friendly Interface: One-click enable/disable of features and an on-chart panel displaying live stats.


Backtest Results & Live Performance



  • Total Trades: 1,240

  • Win Rate: 72%

  • Max Drawdown: 4.8%

  • Profit Factor: 2.15



The equity curve shows steady upward growth with minimal flat-lining, even during gold’s major sell-offs in mid-2024. In live-market forward tests on a €10,000 demo:



  • 14% net gain over 3 months

  • Average daily return: 0.15%

  • Max consecutive losses: 3



Installation & Configuration



  1. Download NikeGoldEA_V2.20.ex5 from the YoForex download page.

  2. In MT5, go to File → Open Data Folder → MQL5/Experts, then paste the file.

  3. Restart MetaTrader 5. You’ll find “NIKE GOLD EA V2.20” under Navigator → Expert Advisors.

  4. Drag the EA onto an XAUUSD chart (M5 or M15 recommended).

  5. Inputs Panel:

  6. RiskPercent: 1.0 (risk per trade)

  7. MaxTrades: 5 (concurrent open positions)

  8. UseH4Filter: true (aligns with H4 trend)

  9. VolatilityMultiplier: 1.3 (adjusts band width)

  10. Save Template as NikeGold_Template.tpl for instant reuse across symbols.


Why Choose NIKE GOLD EA?



  • Ongoing Updates: Regular patches based on live-market feedback.

  • Transparent Performance: All backtests and forward tests published on our site.

  • Active Community: Join other traders in our Telegram group to share settings and ideas.


For more about our philosophy, see our About Us page.


Support & Disclaimer
If you hit any bug or need help configuring NIKE GOLD EA, ping us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group: t.me/yoforexrobot.
Past performance does not guarantee future results. Always demo-test any EA before running live and never risk more than you can afford to lose.


Call to Action
Ready to tame gold’s wild swings? Download NIKE GOLD EA V2.20 MT5 for free from our download page now, and turn volatility into opportunity. Unlimited support awaits on WhatsApp and Telegram!