Long Grid Remaining Candle Time EA V1.16 MT5 – Gold Grid Bot for Smart Growth


Introduction


Most grid EAs are designed to churn out trades constantly—often leading to blown accounts during high volatility. The Long Grid Remaining Candle Time EA V1.16 MT5 takes a different approach.


Instead of forcing positions, this gold-focused Expert Advisor runs on the M5 timeframe, trading only under optimal conditions. With compound interest technology, built-in loss protection, and refined code for stability, it’s made for traders who want quality over quantity.


Available free at ForexFactory.cc and powered by YoForex, this EA is especially tuned for XAUUSD with 2-digit pricing, making it ideal for traders on brokers like Pepperstone.


Overview of Long Grid Remaining Candle Time EA



  • Platform: MT5

  • Symbol: XAUUSD (Gold, 2 decimals only)

  • Timeframe: M5

  • Trading Style: Quality grid with compound interest growth

  • Risk Controls: Max-loss protection built-in

  • Automation: Fully automated, no manual inputs required

  • Broker Recommendation: Pepperstone or any low-spread gold broker

  • Account Type: Hedging only


This EA is optimized for precision and capital growth—not reckless overtrading.



Key Features



  • Compound interest technology – accelerates account growth by reinvesting profits.

  • Built-in max-loss protection – safeguards against catastrophic drawdowns.

  • M5 timeframe logic – balances accuracy with opportunity.

  • Quality over quantity trading – executes only when conditions align, not every day.

  • Plug-and-play setup – just attach to your XAUUSD chart and go.

  • Refined coding – optimized for stability and long-term use.

  • Broker-specific optimization – tuned for 2-digit pricing brokers like Pepperstone.

  • Scalable risk options – supports both small and large accounts.

  • No martingale escalation traps – designed for controlled exposure.

  • Prop firm friendly – stable logic fits strict evaluation rules.


Requirements & Recommendations



  • Symbol: XAUUSD (2-digit only; not compatible with 3-decimal gold brokers).

  • Minimum Deposit: $100 (with 1:500 leverage).

  • Recommended Deposit: $1,000 (1:500 leverage).

  • Minimum Leverage: 1:100 (optimal: 1:500).

  • Account Type: Hedging.

  • Broker Recommendation: Pepperstone or any ECN/STP broker with tight gold spreads.


Strategy Logic


The EA’s long grid candle time logic is designed for precision:



  1. Grid Setup: Spacing aligned with remaining candle time logic.

  2. Trade Trigger: Only opens trades when volatility, candle structure, and risk filters align.

  3. Compound Growth: Profits reinvested dynamically to accelerate capital.

  4. Risk Guard: If equity drawdown crosses a set threshold, EA stops and protects the account.


This ensures controlled scaling, unlike reckless grid systems that overload during trends.


Backtest & Forward Results


YoForex ran backtests across XAUUSD M5 (2-digit pricing) between 2020–2024.


Backtest Results:



  • Profit Factor: ~1.98

  • Win Rate: ~70%

  • Max Drawdown: ~9%

  • Monthly ROI: 7–11%


Forward Demo (Pepperstone, $1,000 account):



  • ROI: ~8–12% monthly

  • Max DD: ~10%

  • Smooth growth curve with minimal equity shocks



Installation & Setup Guide


Step 1: Download Long Grid Remaining Candle Time EA V1.16 MT5.
Step 2: Copy .ex5 file into MT5 → Experts folder.
Step 3: Restart MT5.
Step 4: Open a XAUUSD M5 chart (2-digit broker required).
Step 5: Attach EA and select risk mode (default optimized for $1,000).
Step 6: Enable AutoTrading.


Suggested screenshot: MT5 chart with active grid placements shown.


Best Practices



  • Run only on XAUUSD with 2 decimals.

  • Start with at least $1,000 deposit if possible for smoother compounding.

  • Always use a low-spread ECN/STP broker like Pepperstone.

  • Risk 1–2% per trade for stable, prop firm–compatible growth.

  • Use a VPS (<20ms latency) for uninterrupted trading.

  • Demo-test before applying live to ensure broker compatibility.


Why Choose YoForex Tools?


YoForex focuses on creating risk-conscious, free trading solutions for global traders. With Long Grid Remaining Candle Time EA, you get:



  • Free lifetime access at ForexFactory.cc

  • Backtested & forward tested transparency

  • Gold-optimized system – not a generic EA

  • Risk-first design – safety stop always in place

  • Prop firm ready – meets evaluation compliance

  • Community support & updates


Support 


Need help with setup or broker compatibility? YoForex support is available:



Call to Action


If you want a gold grid bot that values precision, protection, and compound growth, the Long Grid Remaining Candle Time EA V1.16 MT5 is your answer.


Download your free copy here and start growing your gold account with disciplined automation.


With YoForex updates and lifetime support, you’ll always have an EA that adapts and protects.


YoForex—empowering traders worldwide, one free tool at a time.


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Happy Trading