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Name: Gold Parot
Version: Latest Version
Developer by: Lungile Mpofu
The Right Platform: Meta Trader 5 (MT5)
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With more than 20 years of professional trading experience across forex and precious metals, I’ve seen countless Gold EAs — many reckless and over-optimized. Gold Parot EA MT5 stands out as one of the cleanest, most disciplined, and genuinely safe automated systems designed specifically for XAUUSD, using intelligent reverse trading with strong momentum confirmation.
Gold Parot EA MT5 is a fully automated, low-risk momentum reversal Expert Advisor (EA) built exclusively for trading Gold (XAUUSD) on the H1 timeframe. It employs a smart reverse trade logic — switching direction on opposite signals — while confirming entries and exits with reliable momentum indicators. The system completely avoids dangerous strategies like grid, martingale, or hedging, focusing instead on high-probability momentum setups with strict discipline and capital protection.


| Name | Fit |
|---|---|
| Trading platform | Meta Trader 5 (MT5) |
| Time frames | H1 |
| Currency pairs | XAUUSD (Gold) |
| Minimum / Recommended deposit | $500 Minimum initial Deposit |
| Minimum / Recommended leverage | 1:100 or more |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗