Install GoldR in ten minutes.

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.
• A hedging account, not netting: GoldR can hold a buy and a sell at the same time (two sessions, or a recovery trade and the losing trade it follows), which a netting account cannot. GoldR does not start on a netting account.
• A broker with gold in US dollars (XAUUSD, or GOLD at some brokers), like IC Markets, the broker GoldR is tested on (IC Markets or another broker?). GoldR downloaded from 27 October 2026 keeps IC Markets' clock (GMT+2, GMT+3 in summer) by itself, so at a broker with another server time it still trades at the hours we tested, as long as the computer's clock and time zone are right. An older copy follows the broker's server clock.
• A Raw Spread account if your broker offers one (at IC Markets: Raw Spread). It costs GoldR less than a Standard account: see Raw Spread or Standard?
• 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.
• An account in EUR, USD, GBP or CHF. GoldR sets its lot per 1,000 of balance; in any other account currency it opens no trades.

Tip: new to GoldR? Start with the free demo month (homepage form, Free demo month). When you are ready, choose Continue on a live account in the portal.

Raw Spread or Standard?

Open a Raw Spread account. It pays a commission, but gold's spread on it is so much tighter that every lot costs GoldR less to open and close. GoldR trades many lots, so the saving adds up: in our MT5 test of GoldR 7.6.1 Aggressive from €1,500 (1 April – 19 October 2026) it opened 432 lots, about €950 less in trading costs on a Raw Spread account. The more the balance and the lot grow, the larger the saving.

How we measured: each spread is the mean of 90 one-second readings of XAUUSD on an IC Markets Raw Spread and a Standard demo account on 20 October 2026; spreads change through the day and are wider at night, when GoldR trades most, so a lot often costs more than these figures. The commission is IC Markets' $3.50 a lot each way on a USD account and €3.25 on a EUR account, as charged in our test. The lots come from our MT5 test, so the costs are an estimate, not a promise of future results.

IC Markets or another broker?

Choose IC Markets. This is our recommendation, not a paid suggestion: GoldR Systems has no affiliation, partnership or referral deal with IC Markets or any other broker, and earns nothing from where you open your account. GoldR is built and tested on IC Markets' gold prices, and a few cents of spread change its trades. No other broker we tested came close: the same GoldR on the same weeks, each month from €1,500 (Pepperstone's demo server keeps real prices only from late August 2026, so the three brokers share 1 September – 23 October 2026):

Month by month, 1 April – 23 October 2026, each month on its own from €1,500. At FxPro (a Raw+ demo account with the same server time) the same GoldR made less than half the profit and came out ahead in only one month (April, with 7.6.1 Aggressive). Pepperstone trailed IC Markets in both months it has (— = no real prices on its demo server before September).

GoldR 7.6 Standard

GoldR 7.6.1 Aggressive

The main difference we measured is the spread. In each broker's own price history, gold's spread at FxPro was wider than at IC Markets at every hour: about 6 cents wider by day and 9 – 15 cents wider at night; Pepperstone's sat between the two.

A wider spread moves the prices at which GoldR's orders fill and its trades close, so the same rules made different trades: at FxPro GoldR opened more trades in every month, 1,554 first entries against 1,487 and 179 recovery trades against 155 over the seven months, with both versions. Another broker with gold in US dollars and a hedging account can run GoldR, but its results will differ from our tests, and a wider gold spread is a cost on every trade.

At Pepperstone (a Razor demo account, also with the same server time) the spread sat between the other two, yet GoldR made the least: its first fills came a median 14 cents worse than at IC Markets. Each broker's own prices matter, not only its spread.

At FxPro gold is named GOLD. GoldR downloaded from 27 October 2026 starts on it and trades there exactly like the test copy these months were measured with (all 14 months the same to the cent).

How we tested: MT5 strategy tester with every real tick of each broker's demo server (100% real ticks), each month on its own from €1,500 in a EUR account at 1:500, with each demo account's commission; GoldR 7.6 with Risk Standard, 7.6.1 with Risk Aggressive. Every column uses the same test copy, so a month can differ by a euro or two from the results page. Figures are rounded to the euro, totals after adding up. The spreads are every price of those weeks (27, 38 and 20 million), not the short reading above. Demo prices can differ from a live account; these are simulated results, not a promise of future results.

2Download the EA

1. Open goldrsystems.com/portal.
2. Enter the email address on your license and press Send sign-in code.
3. Type the six-digit code from the email. It is valid for 10 minutes.
4. On your license card, press Download EA. You receive a file ending in .ex5.

Download EA gives the recommended GoldR 7.6; the optional 7.6.1 (more profit, more risk) has its own button below it. Downloads are only for customers with an active license. Do not share the file; it only runs with a valid license for your account.

3Install in MetaTrader 5

1. In MetaTrader 5, choose File → Open Data Folder.
2. Open MQL5 → Experts.
3. Copy the downloaded .ex5 file into this Experts folder.
4. 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.

1. Choose Tools → Options and open the Expert Advisors tab.
2. Tick Allow algorithmic trading.
3. Tick Allow WebRequest for listed URL.
4. Add exactly https://api.goldrsystems.com and 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

1. Open an XAUUSD chart (File → New Chart, or right-click XAUUSD in Market Watch → Chart Window).
2. Set the timeframe to H1 (1 hour) with the H1 button in the toolbar. GoldR reads the broker's prices itself, so the chart's timeframe does not change its trades; our tests used M5.
3. Drag GoldR from Navigator → Expert Advisors onto the chart.
4. In the Common tab, tick Allow Algo Trading.
5. In the Inputs tab, paste your key into License key.
6. Leave Risk on Standard (see the next section) and every other input as it is, then press OK.

Use the broker's gold in US dollars: XAUUSD with any suffix such as XAUUSD.a or XAUUSDm, or GOLD where the broker names it so (GoldR downloaded from 27 October 2026; an older copy starts only on a name with XAUUSD). Attach GoldR to one chart in one MetaTrader 5 only. If the same account is also open in a second MetaTrader 5, for example on your PC and on a VPS, GoldR must not run there too, or every trade can be placed twice.

6Lot size

GoldR calculates the lot for you from your account balance and recalculates it before every new trade, so it grows with your account and shrinks after losses by itself. In the Risk input you choose how large:

• Low: the Standard lot on fewer sessions (7.6's, in both files), smaller at the start of each month and from its fourth Wednesday to that Friday (below), for less profit and the smallest drops. In our 2021 – 2026 test from €1,500 the balance never fell below €1,411 and the largest drop was 19.9%; it is the same in 7.6 and 7.6.1.
• Standard (default, recommended): 0.015 lot per €1,000 of balance (0.0225 at €1,500: some trades 0.02, some 0.03). In GoldR 7.6.1, Standard sets a 17% larger lot, 0.0175 per €1,000 of balance rounded down, and halves it only from a 30% drop: more profit and deeper drops (in our 2021 – 2026 test from €1,500 the largest drop was 27.9%, against 24.8% with 7.6).
• Aggressive: 0.04 lot for every €1,500, about 1.8 times the 7.6 Standard lot (1.5 times 7.6.1 Standard). In our 2021 – 2026 tests of GoldR 7.6 and 7.6.1 from €1,500 it survived, but the balance fell to about €1,167 – €1,336 and the largest drop was 40%, against 24.8% with 7.6 Standard.
• Max: 0.06 lot for every €1,500, about 2.7 times the 7.6 Standard lot (2.3 times 7.6.1 Standard). Only for money you can afford to lose: in our 2021 – 2026 tests of GoldR 7.6 and 7.6.1 from €1,500 the balance fell to about €1,000 – €1,233 and the largest drop was 48 – 49%.
• Custom: your own value in LotPer1000 (lot per 1,000 of balance; Standard is 0.015 in 7.6 and 0.0175 in 7.6.1).

The broker takes lots in steps of 0.01. When the lot falls between two steps, GoldR 7.6 trades it exactly on average: some trades take the step above, as the table shows (at €5,000 with Standard, 0.075 lot, about half the trades are 0.07 and half 0.08). Low and GoldR 7.6.1 always round down.

Major news. Our server can pause new entries around a release, and during that pause it can move the stops of open trades up to 5 USD further away, and back when the pause ends. A stop further away means a larger loss if the price reaches it: about 10 USD more on 0.02 lot.

Recovery trades. When a trade hits its stop-loss, GoldR may open one recovery trade at that price in the other direction, to win back part or all of the loss:

• One, never with a recovery of its own. Its stop is where the losing trade opened, about 12 USD away on most sessions, and its target 1.6 to 2.6 USD away.
• Its size (broker time): 1.5 times the lot on 01:00 – 06:00; 3 times on 01:00 – 03:00, 01:45 – 02:30, 14:00 – 17:00 and 18:00 – 21:00; none on 03:00 – 11:00 and 16:00 – 18:00; 5 times on the other sessions. Low has none on 19:30 – 20:30, 7.6 Aggressive none on 18:00 – 21:00, and 7.6.1 takes 3 times on 19:30 – 20:30.
• All together, open recovery trades stay within 12 times the normal lot, the full lot for your balance before rounding (7.6.1: 9 times; Low: 7 times). A recovery that would go past it is cut back as soon as it opens. With 7.6.1 Standard that is up to 0.23 lot at €1,500, 0.78 at €5,000 and 1.57 at €10,000.
• If the price turns back to the stop, a trade and its 5-times recovery together lose about 6 times what one trade of the full lot loses.
• Rounding. GoldR 7.6 (not Low) multiplies the exact lot, then rounds to 0.01: at €1,500 with Standard a trade is 0.02 or 0.03 and its 5-times recovery 0.11. Low and 7.6.1 multiply the lot they traded (0.02: 0.10).

For 7.6 the table shows the largest recovery trade (7.5 times the lot, after an evening trade against the day's move; with Max 5 times) and the limit for all of them together.

More than Max is not safe: with 0.08 lot per €1,500 the 2021 – 2026 test of an earlier version lost the whole account in 2023, and GoldR 5.4 fell from €1,500 to €538.

GoldR 7.6.1 with Standard: 0.02 lot at €1,500, 0.08 at €5,000 and 0.17 at €10,000.

The table shows the full lot. GoldR 7.6 trades half of it from the 1st of each month until the first Wednesday after the 7th, when the full lot returns. Low, in 7.6 and in 7.6.1, trades a third of it on those days and a fifth from the Wednesday two weeks later to that Friday. GoldR 7.6.1 with Standard, Aggressive and Max trades the full lot every day.

With every risk level except Max (Low, Standard, Aggressive and Custom), the ranges placed from 17:00 to 18:00 broker time trade 1.5 times this lot when their order goes against a day that has already moved 0.25% or more from its open, so some evening trades are larger than the table shows, and so are their recovery trades (up to 7.5 times the lot).

While GoldR's own closed trades are 20% below their best level (30% with 7.6.1 Standard), new trades and their recovery trades use half the lot until the account recovers; with Aggressive (7.6.1: Aggressive and Max) only until a quarter of the fall is won back, and falling below that point again while still 20% down brings the half lot back. Deposits and withdrawals never count as losses, but the drop is measured against your current balance, so a large withdrawal while GoldR is below its best can switch the half lot on, and a deposit can lift it.

GoldR does not close a trade at its target. GoldR moves its stop into profit and lets the trade run, and the stop then follows the price (with Low from one target in profit). So in MetaTrader 5 you will see GoldR change the stop of an open trade; leave it as it is. When such a trade reaches twice its target, GoldR opens one more position of the same size with the same stop, and with Standard, Aggressive and Max a second one further out; they follow the price the same way (not with Low). Leave them open too. Recovery trades do not run: each closes at its stop or its target.

We recommend at least €1,500. On smaller accounts the lot cannot go below the broker minimum of 0.01, so some trades are larger than planned; below about €700 every trade is. For less risk, choose Custom with a lower LotPer1000 (for example 0.010). Leave LotSize as it is: it is only used with Custom and LotPer1000 set to 0. Never trade money you cannot afford to lose.

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, the Account monitoring row on your license shows Live 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 sections 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 section 7.
• Our VPS (+€50 once): we install and run GoldR for you. See the guide to our VPS.

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, it shows one of these results in the Experts log.

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, your customer portal names it next to the version your EA runs, and What's new explains it. Updating is your choice until a version becomes required: then we email you and the portal shows an Update required notice with a Download button, usually with a grace period first.

1. Download the new version from the customer portal.
2. Copy it into MQL5 → Experts (section 3). You can delete the old file.
3. Remove the old GoldR from the chart (right-click the chart → Expert list → Remove).
4. Attach the new version (section 5) with the same license key, and set Risk (with Custom also LotPer1000) to what you used before: the new file starts on Standard. Best at the weekend. Open GoldR trades are not lost: the new version finds them and keeps managing them.

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 to sign in. 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.
• A Renew button (pay online and the license extends itself) and a button to ask for an account change.
• With our VPS: the Our VPS box, where you enter your MT5 trading password once after paying.

On a phone you can add the portal to your Home Screen and open it like an app: tap the install icon at the top of the portal (on an iPhone: Share, then Add to Home Screen), then sign in once inside it. It is the same portal, nothing to download.

Besides the payment, license and setup emails, we email you automatically for these events:

12Changing account or VPS

• New VPS, same MT5 account: nothing to request. First remove GoldR from the old VPS (or close MetaTrader 5 there), then install on the new one (sections 3–7): it finds its open trades and keeps managing them. Two copies running at once would place every order twice.
• Different MT5 account or broker: request an account change in the customer portal (€50 a move; a typo fixed before GoldR has run there is free). We move the license and confirm by email; until then the new account gets WRONG_ACCOUNT, and after the move the old one gets MOVED.

13Troubleshooting