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Name: Golden Light MT5
Version: Latest Version
Developer by: Dmitriq Evgenoeviz Ko
The Right Platform: Meta Trader 5 (MT5)
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Our Youtube Channel: Click here
Golden Light MT5 is more than just an automated trading robot—it is a comprehensive trading solution designed for traders who prioritize capital protection, stability, and disciplined risk control.
With over 20 years of real trading experience, I can confidently say:
👉 Most traders fail not because of a lack of strategies, but because they fail to manage risk.
Golden Light was built specifically to address this issue by:
Automating critical processes such as position sizing and drawdown monitoring
Applying a conservative, rule-based trading philosophy
Completely eliminating dangerous approaches such as Martingale
The Expert Advisor (EA) allows traders to trade with confidence while retaining full control over risk parameters and strategy customization.
🔹 No Martingale – Maximum Capital Safety
Golden Light does not use Martingale or lot-doubling techniques.
Trades are executed using:
Fixed lot sizes, or
Risk-based position sizing (%), where lot size is calculated precisely based on the defined risk per trade
Benefits:
Protection against runaway drawdowns
Long-term account stability
Suitable for professional and risk-averse traders
🔹 Daily Loss Limit (%)
The Daily Loss Limit feature allows traders to define the maximum allowable loss per trading day (as a percentage of the deposit).
Once the limit is reached:
The EA automatically stops trading
Trading resumes the following day
This prevents:
Emotional overtrading
“Revenge trading” after losses
Excessive daily drawdowns
🔹 Maximum Drawdown Control (%)
Golden Light continuously monitors account drawdown.
If the drawdown reaches the predefined limit:
The EA immediately halts new trades
Capital is protected during unfavorable market conditions
👉 This is a core risk-control mechanism used by professional traders and prop firms.
🔹 Trading Only During Specified Hours
The EA allows full customization of trading hours.
Golden Light trades only during:
Periods of high liquidity
Times of optimal market volatility
This helps:
Avoid low-activity sessions
Reduce spread widening and slippage
Improve execution quality
🔹 Only One Open Position at a Time
Golden Light follows a strict rule:
Only one position can be open at any given time
Advantages:
Clear risk exposure
No overlapping trades
Simplified drawdown control
🔹 Day-of-Week Trading Filter
Traders can configure the EA to trade only on selected days of the week.
This allows you to:
Avoid low-volatility or unpredictable trading days
Align EA behavior with professional trading habits
Golden Light is built on a conservative and disciplined trading strategy, focusing on risk limitation rather than aggressive profit chasing.
✔ No Martingale
✔ Always uses Stop Loss
✔ Risk management based on % of equity
✔ Single-trade exposure
✔ Automatic shutdown on risk thresholds
This strategy does not promise explosive returns. Instead, it aims for:
Steady account growth
Controlled drawdown
Long-term survivability
👉 This is the mindset of institutional traders and professional funds, not short-term speculators.
Golden Light was developed with security and reliability as top priorities.
✔ Fully optimized for MetaTrader 5
✔ No third-party indicators or libraries
✔ No conflicts with other EAs or trading tools
✔ Thoroughly tested and optimized source code
Understanding that:
Past performance does not guarantee future results.
Backtest results shown are:
Highly optimized for parameter discovery
Not directly transferable to live trading environments
Execution quality—including Stop Loss handling—remains dependent on broker conditions.
From the perspective of a trader with two decades of experience, Golden Light is ideal if you:
Golden Light EA showed strong and disciplined performance in a one-year backtest on XAUUSD (Gold) using the M5 timeframe.
With a conservative, non-Martingale strategy and strict risk control, the EA achieved solid profit growth while keeping drawdown tightly controlled—even in gold’s volatile market.


| Name | Fit |
|---|---|
| Trading platform | Meta Trader 5 (MT5) |
| Time frames | M5 |
| Currency pairs | $500 |
| Min / Recommended deposit | XAUUSD |
| Min / Recommended leverage | 1:100 |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗