Backtest Report · MT5 Strategy Tester

Gold Spectrum EA
Full Results

Complete Strategy Tester output from MetaTrader 5. Every trade, every month — six years of XAUUSD data at 99% tick quality on IC Markets raw spread conditions.

Period: 2020.01 – 2026.05 Symbol: XAUUSD · H1 Deposit: €2,000 Risk mode: Max DD 10% Tick quality: 99% Broker: IC Markets Raw
Net Profit
€10,157
on €2,000 · 6 years
Profit Factor
1.99
Gross profit / loss
Sharpe Ratio
2.85
Risk-adjusted return
Max Drawdown
9.33%
Equity drawdown
[ 01 ] Summary

Full performance metrics

Directly exported from the MT5 Strategy Tester report. No cherry-picking.

Strategy Tester Report · Gold Spectrum EA
2020.01.01 – 2026.05.29 · XAUUSD · H1
Win Rate
74.7%
Total Trades
1,461
Recovery Factor
16.13
LR Correlation
0.94
Avg Win
€18.76
Avg Loss
€27.87
Long Win %
77.2%
Short Win %
71.4%
[ 01b ] Live

Backtest is theory. Here it is live.

The metrics above come from historical data. Below is Gold Spectrum running on a live account, with performance verified independently by FX Monitor. The equity curve updates automatically.

Verified · FX Monitor · Live

Live results will differ from backtest. Track record is building over time — past performance does not guarantee future results.

[ 02 ] Monthly P&L

Month by month breakdown

Losing months are real and expected. This is what distinguishes a fixed-risk strategy from martingale — isolated red months with controlled drawdown, not exponential risk accumulation.

150010005000-200-4002020202120222023202420252026
Profitable month Losing month
[ 03 ] Annual

Year by year performance

Every year was profitable — including 2020, which opened with a sharp February drawdown during COVID volatility.

2020+€1112021+€8112022+€1,0462023+€1,2722024+€1,0552025+€3,0482026+€2,806
[ 04 ] Statistics

Detailed trade statistics

Profitability
Gross profit€20,468
Gross loss-€10,311
Net profit€10,157
Expected payoff€6.95 / trade
Largest winning trade€533.72
Largest losing trade-€104.15
Risk & Drawdown
Max equity drawdown9.33%
Max balance drawdown7.32%
Max consecutive losses9 trades
Max consecutive wins23 trades
Margin level1,181%
Recovery factor16.13
Trade Frequency
Total trades1,461
Long trades (won %)821 (77.2%)
Short trades (won %)640 (71.4%)
Avg holding time24h 14m
Min holding time19 seconds
Max holding time685 hours
Quality Indicators
History quality99%
Tick data points9,053,754
Sharpe ratio2.85
LR correlation0.94
MFE correlation0.78
Bars tested37,878
[ 05 ] Risk Management

Why this is not martingale

Fixed fractional risk. Hard stops. No position escalation.

A common accusation against EAs with smooth equity curves. Here is the case against it, using the backtest data itself.

  • Fixed fractional position sizing: position sizing is controlled by AUTO_DD mode with a 10% maximum drawdown limit. Lot size scales dynamically to stay within the DD cap — it never increases after a losing trade.
  • Hard stop-loss on every single entry: the full backtest log (1,461 trades) confirms SL and TP on every position. There are no open-ended, uncapped losing trades.
  • Isolated losing months are visible in the monthly chart: Feb 2020 (−€313), Jun 2021 (−€128), Dec 2022 (−€153), Feb 2025 (−€357). Martingale systems do not produce isolated red months — they accumulate hidden risk until a margin call wipes the account.
  • Maximum consecutive losses: 9 trades in a row. The account absorbed this without any escalation in position sizing, and recovered through normal win-rate reversion.
  • The smooth equity curve reflects a 74.7% win rate across three independent timeframes (D1, H4, H1) running simultaneously — diversification across market regimes, not hidden risk accumulation.
⚠ Risk Disclosure — Past backtest results do not guarantee future performance. These results were obtained under specific broker conditions (IC Markets Raw, 99% tick quality) and may differ significantly with other brokers, higher spreads, or different market conditions. Always test on a demo account before deploying live capital. Algorithmic trading involves substantial risk of loss.

One market. A spectrum of edges.

Available now on the MQL5 Marketplace. 10 activations included. Free updates for life.