Introduction


Trading gold is exciting because of its volatility, but that same volatility can be a nightmare if you don’t have the right system. The Gold News and Swing Trading EA V1.0 MT5 was created to give traders a dual-mode solution: lightning-fast scalping during news events and disciplined swing trading during normal conditions.


This EA is flexible but rule-based, offering traders both short-term and long-term opportunities without overcomplicating setups.



Overview of Gold News and Swing Trading EA V1.0 MT5


The EA operates with two core modes that adapt to market conditions:



  • News Trading Mode → For high-impact events on M1 timeframe.

  • Swing Trading Mode → For structured long-term positions on H4 or Daily charts.


It’s designed exclusively for gold trading (XAUUSD), balancing aggressive volatility plays with stable swing setups.



  • Platform: MT5

  • Pair: XAUUSD (Gold)

  • Modes: News (M1) + Swing (H4/D1)

  • Account Requirement: ECN or low-spread broker recommended

  • Lot Sizing: Fixed lot only (no auto-lot sizing)

  • Risk Control: Strict SL/TP, no martingale or grid

  • VPS: Recommended for low-latency news trading




Key Features of Gold News and Swing Trading EA



  • Dual trading modes → news scalping + swing trading

  • News Mode: Focus on M1 during NFP, FOMC, ISM events

  • Swing Mode: Use H4 or Daily timeframe for trend plays

  • Fixed stop loss & take profit levels for every trade

  • No limit orders – market execution only after confirmation

  • No trailing stop in news mode (avoids whipsaw exits)

  • Broker time filter → default set to New York session

  • Works best with ECN brokers + low spreads

  • Safe and transparent logic – no martingale, no grid



News Trading Guidelines


When trading news events with Gold News and Swing EA:



  • Timeframe: M1 (1-minute chart)

  • Session: New York session only

  • Best Events:

  • NFP (Non-Farm Payrolls)

  • FOMC statements

  • ISM reports

  • Avoid Events: CPI and GDP (too unpredictable for this strategy)

  • Execution: Market orders only, with fixed SL and TP

  • Notes: Do not use this mode during normal days, as volatility patterns differ.



Swing Trading Guidelines


For traders who prefer longer-term setups:



  • Timeframes: H4 or Daily charts

  • Session: New York session default (adjust per broker timezone)

  • Restrictions: None – swing trades can run through news

  • Logic: Uses price action, trend confirmation, and strict SL/TP placement

  • Notes: Ideal for traders who want fewer but more meaningful trades.



Performance & Backtest Insights


Backtests and forward runs showed:



  • News Mode: Sharp profit spikes during NFP and FOMC; controlled losses on false breaks.

  • Swing Mode: Steady equity growth with moderate risk.

  • Drawdown: Under 20% with recommended settings.

  • Consistency: Best results when using both modes depending on market conditions.




Installation & Setup Guide



  1. Download Gold News and Swing Trading EA V1.0 MT5 from FxCracked.org.

  2. Open MT5 → File → Open Data Folder → MQL5 → Experts.

  3. Paste the EA file into the Experts folder.

  4. Restart MT5.

  5. Attach EA to XAUUSD chart.

  6. Select mode: M1 for news or H4/D1 for swing.

  7. Adjust broker time filter to match your server.

  8. Enable Algo Trading and let the EA run.



Why Traders Choose Gold News and Swing Trading EA



  • Two-in-one EA → fast news trades + steady swing positions

  • Safe design → no martingale, no grid, no hidden risks

  • User control → select timeframe and session filters

  • Prop firm friendly with fixed risk per trade

  • Backed by the YoForex & FxCracked community



Support 


For installation help or optimization tips:



Call to Action


If you want an EA that adapts to both high-impact news volatility and longer-term swing opportunities, the Gold News and Swing Trading EA V1.0 MT5 is your answer.


Download Gold News and Swing Trading EA V1.0 MT5 here


Trade gold with flexibility, structure, and discipline.


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Happy Trading