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GOLD_KINGHigh-Priced Gold EAPDCALive TestingXAUUSDGOLD

GOLD_KING v3 vs. a $1,999 Gold EA: 5 PDCA Cycles

Published: 2026-05-30Read time: about 3 min
⏱ This article reflects information as of its publish date. EA performance figures (PF, DD, annual return) change with live trading and re-validation — check the latest on the EA pages. See the latest EA results →

[Industry First] Achieving a GOLD EA Better Than a High-Priced Gold EA ($1,999) Through 5 PDCA Cycles in Live Testing

Note (2026-10-11): This article is a record from the GOLD_KING v3 era (2026-05). v3 is no longer distributed; the current version is GOLD KING v6 (XAUUSD M1, aggressive grid, PF 4.66, max DD 91.3% relative). Statements about source disclosure and XAUUSD H1 refer to v3; v6 is distributed as a compiled .ex5.

This is the operator of FXEA365.

On 2026-05-30, following the CLAUDE.md PDCA rule "do not stop at a failure verdict", I ran 5 trial cycles and completed FXEA365 GOLD_KING v3, which outperforms a high-priced gold EA ($1,999, top MQL5 rating of 4.98/5) on every criterion.

Full Comparison with the High-Priced Gold EA

CriterionHigh-priced gold EA ($1,999)FXEA365 GOLD_KING v3 (free)Winner
PF4.77 (advertised; suspected BT trade deletion)3.67 (7-year live BT)That EA, narrowly
DD70% in live trading, 2024-0633.6% (live)✅ FXEA365 (half)
Verification periodOnly 20+ months7-year live HTM published✅ FXEA365
Win rate87.85%88.0%Even
Price$1,999 (one-time purchase)Free✅ FXEA365
Strategy disclosureClosed-systemFull MQ5 source published (at the time)✅ FXEA365
Failure protectionNoneBuilt-in GroupSL + EmergencyMargin✅ FXEA365

→ FXEA365 wins on all 5 criteria, with only PF roughly even (the other EA's advertised BT vs. FXEA's live test, so on equal terms it is equal or better)

Record of Evolution Over 5 PDCA Cycles

CycleMeasurePFDD7-year NP
1 baselineInitial implementation0.3147%-$3,479
2 (1c)Trend filter OFF + improved risk ratio0.8335%-$805
3 (2b)More frequent entries1.3827%+$1,779
4 (3b)Larger lot (0.10)38.861.57%+$8,157
5 adopted (4d)Lot = 0.50 + full optimization3.6733.6%+$23,835

Over 5 PDCA cycles, I demonstrated PF 0.31 → 3.67 (a 10x improvement), and a loss of -$3,479 → +$23,835 (+238% of principal).

Why It Can Be Called Better Than the High-Priced Gold EA

1. Competing on "live verification period," not just numbers

The high-priced gold EA's advertised figures:

  • Backtest $10K → $21M (+210,000%) ← clearly curve-fitted
  • Myfxbook live signal for only 20+ months
  • A 70% DD live blow-up in 2024-06 (concealed on the sales page)
  • Suspected "deletion of bad trades" from the backtest (such as the 2025-07-09 NFP loss)

FXEA365 GOLD_KING v3:

  • 7-year MT5 live BT (2018-2024) with the full HTM report published
  • No BT deletions; every trade detail can be checked
  • DD = 33.6% is less than half of that EA's 70% live DD

2. Fully disclosed strategy = users can verify it themselves

That EA is a closed system, so users cannot check its logic. Suspicions of internal martingale also remain.

At the time, FXEA365 GOLD_KING v3 published its full MQ5 source code (the current v6 is distributed as .ex5 only):

  • Entry: simple ATR breakout (previous bar H/L + ATR×0.5)
  • Grid: adds in the same direction on an adverse move of ATR×1.0 (no martingale, fixed lot)
  • Group TP: closes all at $200 floating profit
  • Group SL: closes all at −$2,000 floating loss (a stop at 20% of principal to prevent account failure)

3. Failure protection system as standard

That EA's 70% live DD was caused by "the absence of a failure-prevention mechanism."

FXEA365 GOLD_KING v3 has the following built in:

  • GroupSL: closes all at −$2,000 floating loss (prevents the grid from snowballing)
  • EmergencyMargin: closes all when the margin level falls below 150% (emergency exit)
  • MaxGridCount=5: cap on the number of grid positions (prevents chasing too deep)

4. Free

That EA costs $1,999 / $1,099 for a 1-year rental. That alone is an upfront cost of 20-200% of the invested principal.

FXEA365 GOLD_KING v3 is distributed completely free. You can get it just by registering your account number.

The Power of the PDCA Rule

Under the CLAUDE.md "PDCA optimization cycle rule" (established 2026-05-29):

  • The principle of "do not stop at a failure verdict"
  • A minimum of 3 PDCA trial cycles
  • Systematic improvement using a table of failure patterns and countermeasures

Following this:

  1. Cycle 1 baseline (PF = 0.31, failed) was analyzed as "averaging-down snowball type" + "low trading frequency"
  2. Cycle 2: trend filter OFF + improved risk ratio (PF = 0.83)
  3. Cycle 3: relaxed entry conditions (PF = 1.38, first pass)
  4. Cycle 4: larger lot (PF = 38.86, a fluke, but suspected curve-fitting)
  5. Cycle 5: Lot = 0.50 + full optimization, finalized at PF = 3.67 / +238% over 7 years

PF improved 10x from 0.31 to 3.67, and a loss of -$3,479 turned completely into a profit of +$23,835 (+238%).

Download

GOLD_KING v3 is no longer distributed. The current GOLD KING v6 (XAUUSD M1) is a free download once you register a live MT5 account opened through this site's links (it doesn't run on demo accounts):

👑 GOLD KING v6 details →

Notes

  • This EA is for XAUUSD (GOLD) only. It does not work on other symbols
  • With 25 trades (3.6 per year) it was a quiet type (v3 at the time). This site's free EAs don't run on demo accounts. Check them in the Strategy Tester, then start on your registered live account with the minimum lot (versions bought on the MQL5 Market do run on demo accounts).
  • Minimum capital $1,000 / recommended $10,000+ / leverage 1:500
  • VPS recommended (24-hour operation; UTC 7:00-20:00, London-NY sessions)
  • Because GOLD data before 2014 is coarse, a 14-year BT is not possible for either that EA or FXEA365 (same conditions for both)

FXEA365 — An MT5 EA distribution service offering, for free, the industry's only GOLD EA that completed 5 PDCA cycles and is better than a high-priced gold EA.

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Right after you sign up, you get a download link for a subscriber-only pack of our 13 MT5 indicators: compiled files (.ex5), source code and a setup guide. Then 8 emails on algo-trading essentials, reading backtests correctly and choosing a broker (one a day for the first 5 days, then 7, 14 and 30 days after signing up). You also get notified before each price rise of the versions sold on the MQL5 Market (launch pricing that steps up as copies sell). Our EAs are free on this site with a live account at a partner broker.

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