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PUMA

A free MT5 gold EA that scores each setup from EMA, ATR, RSI and candle patterns, then places Buy Limit and Sell Limit pending orders.

PUMA cover art
MetaTrader 5Some experienceConfluence and price actionFree on MQL5

How it works

PUMA scores each setup from 0 to 100% by combining EMA crossovers, an ATR volatility filter, RSI and price action patterns such as pin bars, engulfing, inside and outside bars. It places pending limit orders instead of market orders, and skips signals that run into strong support or resistance. An on-chart dashboard shows the signal, strength, open orders and live profit.

Key features

  • Confluence score from 0 to 100% for every setup
  • Pending Buy Limit and Sell Limit entries
  • Automatic support and resistance filter
  • Hard stop loss, trailing stop and basket close
  • Live on-chart dashboard
  • Set files: Conservative, Balanced, Aggressive, PropFirm

Suits you if

Gold traders who want a free, dashboard-driven EA with ready-made risk profiles.

Watch out for

It can add grid levels (1 to 10), which raises risk in a losing run. Start with the Conservative or PropFirm set on a demo account.

At a glance

FREEPrice on MQL5
M5 or M15Timeframe
$100 or $1,000Minimum deposit

These details come from the MQL5 Market listing. Open the listing for screenshots, reviews, the latest version and the full settings. Backtests are hypothetical and do not predict future results.

Getting started

Four steps, in this order.

  1. Open the MQL5 page

    Use the button above. You need a free MQL5 account and MetaTrader 5.

  2. Download it free

    MetaTrader 5 installs it for you. Find it under Experts in the Navigator.

  3. Attach to XAUUSD

    Drag it onto a gold chart, tick Allow Algo Trading and load a recommended set file.

  4. Run on demo first

    Use a demo account for two to four weeks before going live with small lots.

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