Vex Gold EA
Version2.12updated
Vex Gold EA is a gold Expert Advisor for MetaTrader 5, published by Lars Laeremans. Its linked live signal covers 65 trades in 5 months, at a profit factor of 1.79 and a win rate of 70.77%. A win and a loss are close to the same size.
- 65 trades on the linked live signal
- 20 weeks of recorded history
- Tracked on an account opened with 200 USD
- Minimum deposit stated as $200
- Around 12 copies sold a month
Vex Gold EA signal at a glance
The three panels from the MQL5 signal page, with the figures as published there. The drawdown on the radar is the marketplace's equity figure; the balance figure this site measures is lower and appears further down.
growth since 2026
30%
BlackBullMarkets-Live1:500
Transcribed from MQL5 live signal 2376823, statistics as published on the signal page. See the signal page ↗
- Total return
- +29.5%
- Max drawdown
- 5.4%
- Profit factor
- 1.86
- Win rate
- 69.2%
- Recovery factor
- 1.34
- Sharpe
- 3.11
Computed from MQL5 live signal 2376823, statistics as published on the signal page. See the source ↗
Vex Gold EA Kept Score
Four measured quarters out of 100. Every input is a figure printed elsewhere on this page, read against a band that is the same for every product on the site.
38
out of 100
from trade history
- Evidence4 / 25
65 trades over 5 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control23.7 / 25
5.39% worst drawdown
against 0–100% below the running peak
- Consistency10.8 / 25
1.86 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk3.4 / 25
1.34× recovery factor
against 0 at the centre, 10× at the rim
- Unbounded losses−4
How the Kept Score is worked out, and every product scored →
Vex Gold EA screenshots
7 images from the seller's listing, shown as published. Nothing on them has been measured by this site — the figures elsewhere on this page are the check.
Images © the seller, served from the marketplace. See the original listing ↗
Vex Gold EA live signal record
Account growth
65 closed trades from 27 Apr 2026 to 14 Sept 2026.
The shape of the record
Six measures on fixed scales — the same scales for every product on this site.
- Winning trades0–100% of closed trades
- Losing trades0–100% of closed trades
- Maximum drawdown0–100% below the running peak
- Profit factor1.0 at the centre, 3.0 at the rim
- Recovery factor0 at the centre, 10× at the rim
- Profitable months0–100% of months in the record
Where the balance came from
Trading profit against the money paid into and taken out of the account.
Time spent below the previous peak
Deepest fall 5.4%, over 47 days.
Result by month
66.7% of months finished up.
Download
Download and pricing
Vex Gold EA free download
There is a free download, and it is the demo MQL5 hosts on the listing itself. It is the full algorithm, restricted to the MetaTrader 5 Strategy Tester — you can backtest it on your own broker's history for nothing. What it cannot do is trade a live or demo account. That needs the paid version.
Free demo
$0
- Runs in the MetaTrader 5 Strategy Tester
- Backtest on your own broker's price history
- Cannot trade a live or demo account
- Downloaded 979 times
Full version
$249
- Trades live and demo accounts
- 8 activations per licence
- Bought from the seller, not from us
- We take no payment and hold no stock
Both links go to the seller's own listing. We do not host, sell or distribute this software, and we do not have a copy of it. Anything offering a paid Expert Advisor as a free live download is pirated, unsupported, and a common way to get a trading account drained by a modified build.
What Vex Gold EA's record shows
Unbounded losses
The worst loss is 28× the typical one. Losses that fan out like this are the signature of a strategy with no fixed stop, though the export has no stop-loss column to confirm it directly.
How this was measured
- Worst vs typical loss
- 28×
- Typical loss
- 2.1
- Worst loss
- 58.75
- Source
- inferred from loss distribution — no stop-loss column present
Short track record
65 trades over 4.6 months. Metrics from a record this size are indicative rather than conclusive — a strategy needs to meet a market it dislikes before its drawdown figure means much.
How this was measured
- Trades
- 65
- Months
- 4.6
How Vex Gold EA trades
Read off the record rather than the sales page: how long it holds, which way it leans, and what market the figures actually describe.
How long it stays in
Positions last 1 min on average, which makes this a scalper whatever the listing calls it. Holding time decides how much the spread costs you and how much overnight risk you are carrying.
Which way it trades
Its 65 trades split 38.5% long to 61.5% short, so the result does not rest on the market having gone one way.
Built around one market
Everything here is XAUUSD. A single-market record says nothing about how it behaves anywhere else, so read every figure below as being about XAUUSD alone.
Where the money came from
The same totals the listing publishes, divided into the numbers that say whether an edge is real and whether it would survive being run on a different account.
Money won against money lost
It won $183 and lost $102, a profit factor of 1.86. For every $1.00 it handed back it took $1.86 in gross profit.
Where the edge comes from
It wins 69.2% of the time, but its average win is only 0.8× its average loss. The edge is frequency, not size — it needs about 55% of trades to win simply to break even.
What one trade is worth
Averaged over 65 trades, each returned $1.24 on an account that opened at $200. That is the figure to multiply by your own trade count — not the headline growth.
Growth, per month
+29.5% total over 5 months compounds to +5.8% a month. The monthly rate is the comparable number: a total says as much about how long an account ran as about how well it traded.
What could go wrong with Vex Gold EA
Every figure here is already in the record. These are the parts of it a summary table averages away.
Two drawdowns, not one
Drawdown reached 4.8% on equity and 5.4% on closed trades. The two sitting close together is what you want — it means open losses were not being parked out of sight.
The worst single trade
Its worst trade lost $58.45, 10.9× the average loss of $5.37. The account grew 4.0× over the record, which accounts for most of that spread — adjusted for it the worst loss is 2.7× the average. Adjusted, the losses cluster rather than fan out, which is the shape a stop produces.
Its longest cold spell
It lost 3 trades in a row at some point. At the average loss that is about $16, or 8.1% of the $200 the account opened with. Assume it happens again, and ask whether you would still be running it on the far side.
Profit against the worst dip
It made 1.3× its deepest drawdown in total profit. Above one means the record has more than covered its own worst stretch.
What Vex Gold EA needs from your account
Cost and account size, against the drawdown this record already produced.
What the minimum really means
The listing asks for $200 minimum. At the 5.4% drawdown this record already produced, an account that size would have been $11 down at the worst point — on the tracked account, at its settings. Yours will differ.
The licence against the account
At $249, the licence costs 124.5% of the $200 minimum deposit it asks for. Bought at that minimum, the software costs more than the account it trades, and the trading has to clear that before it clears anything else.
The account these figures came from
Every figure above comes from one account that opened with $200 at BlackBullMarkets-Live. A different size, a different broker or different settings is a different result.
What buyers say
Counted from the reviews MQL5 publishes on the listing. We count the subjects raised and the ratings given; we do not reprint the reviews.
What the marketplace scores it
5.00 out of 5 from 13 reviews on MQL5. That is a rating of the purchase — the seller, the support, the documentation — and only indirectly of the trading.
The rating, split three ways
MQL5 scores it 5.00 on description, 5.00 on reliability and usability, and 5.00 on support. Buyers rate reliability and usability lowest, which is the part the headline number averages away.
What buyers actually write about
Across the 13 most recent reviews, results and profit comes up most often — 3 of them mention it. None of the recurring subjects appears mainly in negative reviews.
How the recent ones split
Of the 13 reviews the listing serves, 11 rate it four stars or better and 0 rate it two and a half or worse. This is the most recent page rather than every review ever left, which means it describes the version on sale now.
Who maintains it
How recently it was touched, how long it has been sold, and what the marketplace record says about the seller.
Whether anyone is still working on it
Version 2.12, last updated 4 Aug 2026 — about 1 months ago. A system still being touched is one whose author is still answering for it.
How long it has been on sale
Listed since 15 Jun 2026, about 3 months. A short listing history means the record you are reading has not been through much yet.
Who is behind it
MQL5 gives Lars Laeremans its badges for “Sold more than 100 products”. Those count marketplace volume, not trading results — a seller can move a great many copies of something that loses money.
Vex Gold EA vs Quantum Commander vs Smart Gold Hunter
How Vex Gold EA stands against two other measured tools on the site, on the ratios that do not depend on account size. Every figure is computed from that product's own record; the marker shows which leads on each measure.
- Profit factorEverything won divided by everything lost
- 1.86
- 4.05▲
- 1.89
- Payoff ratioAverage win divided by average loss
- 0.83▲
- 0.37
- 0.59
- Max drawdownDeepest fall from a previous high
- 5.4%
- 5.2%▲
- 14.0%
- Recovery factorNet profit per unit of worst fall
- 1.34
- 4.33
- 6.91▲
- Growth per monthTotal growth compounded to a monthly rate
- 5.79%
- 44.77%▲
- 15.69%
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 69.2%
- 91.7%
- 76.1%
Quantum Commander leads on 3 of the 5 measures that could be decided — Vex Gold EA on 1. The full comparison lists what the records do not share.
Vex Gold EA: common questions
The four things people search for about this product, answered from the record rather than from the sales page.
Is there a Vex Gold EA free download?
Yes — a free demo. Vex Gold EA is sold on the MQL5 Market, and every listing there carries a demo you can download at no cost. It is the full algorithm limited to the MetaTrader 5 Strategy Tester, so you can backtest it on your own broker history for nothing, but it will not trade a live or demo account. The full version is $0 from us, against $249 on the MQL5 Market. MQL5 records 979 downloads of it. Anything advertising the paid version as a free live download is a pirated build — usually modified, always unsupported, and a common way to lose an account.
Does Vex Gold EA have a live signal?
Yes. Vex Gold EA publishes a live signal on MQL5 covering 65 trades over about 5 months, and MQL5 verifies it from the broker's own trade feed rather than from the seller. It shows 5.8% a month compounded, a deepest fall of 5.4% and a profit factor of 1.86. Every figure on this page is recomputed from that record, and the page links it so you can check the arithmetic yourself.
Is there a Vex Gold EA backtest?
Not one from us, and deliberately. A backtest is run by whoever is selling the product, on history and settings they choose, and it can be tuned until it looks good — which is why a flawless backtest and a poor live record so often sit on the same page. Instead this page measures 65 real trades over about 5 months of forward results, which is stronger evidence than any backtest: nobody can re-run it until it looks good. If you want a backtest, run your own: the free MetaTrader 5 demo does exactly that on your own broker's spreads, which is the only backtest whose assumptions you control.
Is there a Vex Gold EA Myfxbook review?
Not that we can verify. Vex Gold EA is not tracked on Myfxbook, and we will not point at a third-party page we cannot confirm belongs to this product — a name match is not proof. Its verified record is the MQL5 signal linked on this page, which serves the same purpose: an independent platform reading the broker's trade feed directly rather than taking the seller's word for it. Reviews on the MQL5 listing itself rate the purchase — the seller, the support, the documentation — rather than the trading, which is what the measured figures on this page are for.
Vex Gold EA specification
- Platform
- MetaTrader 5
- Type
- Expert Advisor
- Author
- Lars Laeremans
- Symbols
- XAUUSD
- Version
- 2.12
- Published
- 15 Jun 2026
- Last updated
- 4 Aug 2026
- Minimum deposit
- $200
- Tracked account
- BlackBullMarkets-Live · 1:500
- Opening deposit
- $200
- Current balance
- $1,110
- Record length
- 20 weeks (4.6 months)
- Max drawdown by equity
- 4.81% · $54
- Max drawdown by balance
- 5.39% · $60
- Worst losing streak
- 3 trades
- Trades analysed
- 65
- Average hold
- 1 min
- Expected payoff
- $1 per trade
- Sharpe (as published)
- 0.21
- History measured
- 27 Apr 2026 – 14 Sept 2026
- Trades analysed
- 65
- Opening balance
- $200
- Data source
- MQL5 live signal 2376823, statistics as published on the signal page