1Before you start
- MetaTrader 5 installed on Windows, or a Windows VPS with MetaTrader 5.
- The MT5 account and broker server your license is issued for. A license works on that one account only.
- Your license key, which looks like
GOLDR-XXXX-XXXX-XXXX-XXXX. You find it in the email from GoldR Systems or in the customer portal under Activation key (press Show or Copy). - The email address on your license, to sign in to the customer portal.
Tip: start on a demo account first if you are new to GoldR. Ask us to bind a license to your demo account, then move it to your live account later.
2Download the EA
- Open goldrsystems.com/portal.
- Enter the email address on your license and press Send sign-in code.
- Type the six-digit code from the email. It is valid for 10 minutes.
- On your license card, press Download EA. You receive a file ending in
.ex5.
Only the newest release is offered, and only to customers with an active license. Do not share the file; it only runs with a valid license for your account.
3Install in MetaTrader 5
- In MetaTrader 5, choose File → Open Data Folder.
- Open MQL5 → Experts.
- Copy the downloaded
.ex5file into this Experts folder. - Restart MetaTrader 5, or right-click Expert Advisors in the Navigator window and choose Refresh.
GoldR now appears in Navigator → Expert Advisors. If you cannot see the Navigator, press Ctrl+N.
4Allow the license server
GoldR checks your license online. MetaTrader 5 blocks internet requests from robots until you allow the address.
- Choose Tools → Options and open the Expert Advisors tab.
- Tick Allow algorithmic trading.
- Tick Allow WebRequest for listed URL.
- Add exactly
https://api.goldrsystems.comand press OK.
Most common setup error: if this address is missing or mistyped, the license check cannot reach us and GoldR will not trade. In the Experts log this often shows as error 4014.
5Attach GoldR to the chart
- Open a XAUUSD chart (File → New Chart, or right-click XAUUSD in Market Watch → Chart Window).
- Set the timeframe to H1 (1 hour) with the H1 button in the toolbar.
- Drag GoldR from Navigator → Expert Advisors onto the chart.
- In the Common tab, tick Allow Algo Trading.
- In the Inputs tab, paste your key into License key.
- Set the lot size (see the next section) and press OK.
Some brokers name gold differently, for example XAUUSD.a, XAUUSDm or GOLD. Use your broker's gold symbol. Attach GoldR to one chart only on your licensed account.
6Lot size
Our suggested starting point is 0.1 lot for every €1,500 of account balance.
A smaller lot means smaller gains and smaller losses. Never use more than you can afford to lose, and re-check the lot after a large deposit or withdrawal. A future GoldR version will calculate the lot size from a risk setting; this guide will be updated when it is released.
7Check that it runs
- The Algo Trading button in the MT5 toolbar is green. If it is red, press it once.
- The GoldR name and icon appear in the top-right corner of the chart. A crossed-out or grey icon means algorithmic trading is off.
- The Experts tab in the Toolbox (Ctrl+T) shows GoldR loading and the result of the license check.
- In the customer portal, View account monitoring shows your account as Online within a few minutes.
GoldR only opens trades when its conditions are met, so a new setup can run for hours without a trade. That is normal. Gold does not trade from Friday evening to Sunday evening.
8Keep it running (VPS)
GoldR works only while MetaTrader 5 is open and connected. If your computer sleeps, shuts down or loses internet, it stops.
- Use a Windows VPS (a computer in a data centre that stays on). Many brokers offer one; choose a location close to your broker's server.
- Install MetaTrader 5 on the VPS, log in to your licensed account and follow steps 3 to 7 there.
- Run GoldR on one place only: the VPS or your computer, never both at the same time.
- After a VPS restart, open MetaTrader 5 again and check step 7.
Automatic alert: if your EA stops reporting for 15 minutes while gold is trading, we email you once so you can check your VPS.
9License messages
Each time GoldR checks its license, the server answers with one of these results. You see them in the Experts log.
VALIDLicense active for this account.Nothing. GoldR runs.INVALID_KEYThe key is not recognised.Copy the key again from the portal; check for missing characters or spaces.WRONG_ACCOUNTThe key belongs to a different MT5 account.Use the account the license is issued for, or request an account change.WRONG_SERVERRight account number, different broker server.Log in to the licensed server, or request an account change.UPDATE_REQUIREDYour GoldR version is older than the minimum.Download the new version from the portal (section 10).EXPIREDYour access period has ended.Request a renewal from the portal or website.If the log shows a connection error instead of one of these results, the check did not reach us: see section 4 (WebRequest) and your internet connection.
10Updating to a new version
When a new version is released, we email you and your customer portal shows an Update required notice with a Download button. There is usually a grace period before the new version becomes required.
- Download the new version from the customer portal.
- Copy it into MQL5 → Experts (step 3). You can delete the old file.
- Remove the old GoldR from the chart (right-click the chart → Expert list → Remove).
- Attach the new version (step 5) with the same license key and lot size.
The update notice disappears by itself after the new version's next license check.
11Customer portal and emails
Sign in at goldrsystems.com/portal with a code sent to your email. No password is needed. There you can see:
- License status, bound MT5 account, broker server and expiry date.
- Your activation key (hidden until you press Show) and the Download EA button.
- Account monitoring: Balance and Equity of the whole MT5 account, and GoldR's own positions and deals, with times in your local time zone.
- Buttons to request a renewal or an account change.
We send you automatic emails only for these events:
12Changing account or VPS
- New VPS, same MT5 account: nothing to request. Install on the new VPS (steps 3–7), then remove GoldR from the old one.
- Different MT5 account or broker: request an account change from the portal or the website form. We move the license and confirm by email; until then the new account gets
WRONG_ACCOUNT.
13Troubleshooting
GoldR is on the chart but does not trade
Check that the Algo Trading button is green, that Allow Algo Trading is ticked in the EA's Common tab, that the market is open, and that the Experts log shows VALID. A valid setup can wait hours for its conditions.
The Experts log shows error 4014 or a connection error
The license server is not in the WebRequest list. Add https://api.goldrsystems.com exactly as written (section 4) and re-attach GoldR.
I cannot find GoldR in the Navigator
The file is not in MQL5 → Experts of the MT5 you are using. Use File → Open Data Folder from that same MT5, copy the file there, and refresh the Navigator.
WRONG_ACCOUNT after switching accounts
A license works on one MT5 account. Log back in to the licensed account, or request an account change.
I got an "EA stopped reporting" email
Your VPS or MT5 is off or disconnected. Log in to the VPS, open MetaTrader 5, check the connection in the bottom-right corner and follow section 7.
I did not receive the portal sign-in code
Check spam and promotions, use the exact email on your license, and wait a minute before requesting another code. If it still does not arrive, email [email protected].
Risk disclosure
Trading leveraged financial products involves substantial risk and can result in losses, including losses larger than expected. Past performance, backtests and simulated results are not guarantees of future results. You are responsible for your own trading decisions, broker selection, leverage, lot size and risk settings.
Need help? Email [email protected] with your MT5 account number and a screenshot of the Experts log. Never send your MT5 password.