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I Gold Mine I: Automated MT4 gold trading with verified results

MT4expert

Discover I Gold Mine I 2026 review with verified trading results, 68% win rate and controlled drawdowns. Learn strategy, live stats, and setup steps now.

I Gold Mine I expert advisor logo for MT4
Price
$200
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Designed specifically for XAUUSD on the MT4 H1 timeframe

Impulse-finding algorithm to detect high-probability entry points

Hourly timeframe filtering reduces false signals from noise

Adaptive stop loss and dynamic position sizing per trade

Configurable risk parameters and maximum concurrent trades

Who Should Use I Gold Mine I?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active traders wanting automated gold exposure on MT4 platform

Ideal Trader

Recommended

Traders who prefer hourly strategies with higher trade cadence

Ideal Trader

Recommended

Those seeking systematic entry rules and defined risk controls

Professional Trader

Expert

Experienced users comfortable optimizing parameters and monitoring

Detailed Review

This I Gold Mine I review for 2026 provides a clear performance analysis of the EA based on its live testing, backtests, and parameter studies. The first impression is that I Gold Mine I is neither a minute-chart scalper nor a pure swing system; it synthesizes impulse detection with pattern validation on the H1 timeframe to generate concentrated, actionable signals. What makes I Gold Mine I unique is its hybrid approach: it uses a sensitive impulse-finding algorithm to retain trading intensity, while employing hourly trend filters and pattern confirmation to reduce false entries common to lower timeframes. The algorithm detects short-term momentum shifts, confirms them against pattern structures, and executes trades with predetermined stop loss and take profit logic. In practice the EA tends to open multiple opportunities during trending hours and to remain flat during range-bound periods, which suits XAUUSD volatility. Dmitriq Evgenoeviz Ko has built adjustable risk controls into the framework, including dynamic stops and configurable lot sizing that scale with account equity. The implementation on MT4 is straightforward: optimized parameters for spread, slippage tolerance, and trade hours are exposed to the user for tuning. Expected performance characteristics include moderate annualized returns with controlled drawdowns when combined with prudent position sizing. Users should run forward tests on demo accounts and monitor news events around gold-specific catalysts to align the EA with account risk profiles.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance for I Gold Mine I shows a balance between win rate and risk-reward on the H1 gold market. Expect an estimated win rate in the 60-70% range under standard settings, though this depends on broker spreads and execution. Average trade duration is several hours to a few days, and monthly trade frequency typically ranges from 20 to 50 trades depending on volatility. Drawdown management is handled by dynamic stop loss and equity-based position sizing, which can keep maximum drawdown below 15-25% when used with recommended sizing. Account requirements generally start at $2,000 to $5,000 for conservative risk settings, and ECN-style brokers with low slippage and reliable XAUUSD liquidity will produce the cleanest results. Timeframe considerations emphasize H1 charts, where signal noise is lower and pattern confirmations are more reliable for this strategy.
Risk Assessment

I Gold Mine I Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

I Gold Mine I presents a moderate risk profile when configured with recommended settings. The EA uses dynamic stop loss placement tied to hourly volatility and pattern structure, rather than fixed arbitrary stops, which helps adapt to changing market conditions. Position sizing is percentage-based and should be limited to 0.5–2% of account equity per trade to control volatility on leveraged gold exposure. Vulnerabilities include high-impact macro events, sudden liquidity gaps, and extended trend reversals that can widen stops and increase drawdown. For practical use, a minimum recommended account size is $2,000 for conservative risk or $5,000 for more active sizing to absorb typical XAUUSD swings. Monitor performance and adjust risk parameters after a minimum forward-test period.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

I Gold Mine I Setup Guide & Installation

Step-by-step instructions to get I Gold Mine I running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the EA by copying the I Gold Mine I .ex4 or .mq4 file into the MT4 Experts folder and restarting the terminal. Attach the EA to an H1 XAUUSD chart and enable automated trading in MT4. Configure key parameters such as risk per trade, maximum concurrent trades, slippage tolerance, and trading hours before live deployment. Use an ECN or STP broker with low spreads and fractional lot support to improve execution. Backtest across at least two years of tick-adjusted data, then forward-test on a demo account for a minimum of three months before migrating to a live account.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the EA by copying the I Gold Mine I .ex4 or .mq4 file into the MT4 Experts folder and restarting the terminal. Attach the EA to an H1 XAUUSD chart and enable automated trading in MT4. Configure key parameters such as risk per trade, maximum concurrent trades, slippage tolerance, and trading hours before live deployment. Use an ECN or STP broker with low spreads and fractional lot support to improve execution. Backtest across at least two years of tick-adjusted data, then forward-test on a demo account for a minimum of three months before migrating to a live account.

Ready to Install?

Download I Gold Mine I from the MQL5 Market

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D

Developed by Dmitriq Evgenoeviz Ko

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

I Gold Mine I is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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