Vex Gold EA V2.12
Listing updated
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.
Two records, counted differently. The published record shows 87 trades against the 65 closed trades in the file; a profit factor of 1.00 against 1.86; and a 10.9% drawdown against 5.4% on closed trades. The figures on this page are the first of each pair — the published record, which is what the seller's own signal page reports. The second is what the trade history we hold works out to, and it is the file the charts below are drawn from. Neither is wrong: they count different things, and a signal page moves between one reading and the next.
- 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 the marketplace itself plots. Its drawdown axis is the relative drawdown by balance — the same measure this site computes from the trade history further down. The equity figure, which counts floating losses on positions still open, is a different number and is printed beside it in the specification.
growth since 2026
20%
BlackBullMarkets-Live1:500
Transcribed from MQL5 live signal 2376823, statistics as published on the signal page. See the signal page ↗
- Growth
- +20.1%
- $0 on $200no fixed scale
- Max drawdown
- 10.9%
- $123 · by balance0–100% below the running peak
- Profit factor
- 1.00
- gross win ÷ gross loss1.0 at the centre, 3.0 at the rim
- Win rate
- 67.8%
- 59 of 87 trades0–100% of closed trades
- Payoff ratio
- 0.48
- average win ÷ average loss0 at the centre, 3.0 at the rim
- Recovery factor
- 0.00
- net profit ÷ worst fall0 at the centre, 10× at the rim
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.
28
out of 100
from published statistics
- Evidence5.3 / 25
87 trades over 6 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control22.3 / 25
10.95% worst drawdown
against 0–100% below the running peak
- Consistency0 / 25
1 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk0 / 25
0× recovery factor
against 0 at the centre, 10× at the rim
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 on the product's own MQL5 listing — not a build from somewhere else. The two columns below are what separates it from the paid version. What the demo can and cannot do.
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 1,129 times
Full version — from us
$29.99save 88%
- Trades live and demo accounts
- 8 activations per licence
$249on the MQL5 Market- Licensed by the seller — the same build
The demo link goes to the seller's own MQL5 listing, where the free demo is hosted. The paid version is sold by us under licence — it is the seller's build, not a copy or a repack, and the MQL5 listing is linked above so you can compare the two before you buy. Anything offering a paid Expert Advisor as a freelive 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 2 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
32.2% of its 87 trades were long. A record that one-sided is partly a record of the direction the market happened to go, and that part does not have to repeat.
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 $253 and lost $253, a profit factor of 1.00. For every $1.00 it handed back it took $1.00 in gross profit.
Where the edge comes from
It wins 67.8% of the time, but its average win is only 0.5× its average loss. The edge is frequency, not size — it needs about 68% of trades to win simply to break even.
What one trade is worth
Averaged over 87 trades, each returned $0.00 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
+20.1% total over 6 months compounds to +3.1% 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 10.9% on closed trades against 4.8% on equity, so losses were taken as they came rather than parked out of sight — the shape a working stop produces. The realised run is the deeper of the two, so 10.9% is the figure to size against.
The worst single trade
Its worst trade lost $61.70, 6.8× the average loss of $9.04. The account grew 4.0× over the record, which accounts for most of that spread — adjusted for it the worst loss is 1.7× 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 $27, or 13.6% 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 0.0× its deepest drawdown in total profit. Below one: the account has not yet earned back what a single bad stretch took from it.
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 10.9% drawdown this record already produced, an account that size would have been $22 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 3 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 5 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.
Vex Gold EA vs Atherion Zenith AI EA vs One Man Army
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
- 1.00
- 28.46▲
- 1.92
- Payoff ratioAverage win divided by average loss
- 0.48
- —
- 0.41
- Max drawdownDeepest fall from a previous high
- 10.9%▲
- 14.7%
- 15.1%
- Recovery factorNet profit per unit of worst fall
- 0.00
- 6.92▲
- 3.51
- Growth per monthTotal growth compounded to a monthly rate
- 3.11%
- 30.97%▲
- 8.31%
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 67.8%
- 100.0%
- 82.5%
Atherion Zenith AI EA leads on 3 of the 4 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: the full algorithm, limited to the MetaTrader 5 Strategy Tester. The full version is $29.99 from us, against $249 on the MQL5 Market. MQL5 records 1,129 downloads of it.
What the demo can and cannot do, and how to spot a pirated buildDoes Vex Gold EA have a live signal?
Yes. Vex Gold EA publishes a live signal on MQL5 covering 87 trades over about 6 months, verified from the broker's own trade feed. It shows 3.1% a month compounded, a deepest fall of 10.9% and a profit factor of 1.00. Every figure here is recomputed from that record, which the page links.
What a verified record proves, and what a review does notIs there a Vex Gold EA backtest?
Not one from us, and deliberately: a backtest is run by whoever is selling the product, on settings they choose. Instead this page measures 87 real trades over about 6 months of forward results, which is stronger evidence than any backtest: nobody can re-run it until it looks good.
Why we publish no backtests — and how to run your own in MetaTrader 5Is 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 this page links.
Why a name match is not proof, and what a marketplace rating measuresIs Vex Gold EA profitable?
Over 87 trades and about 6 months, the tracked account grew 20.1%, which is 3.1% a month compounded. The deepest it fell on the way was 10.9%. That is one account, on its settings and its broker, over that period.
What pairs does Vex Gold EA trade?
One symbol: XAUUSD. A record on a single symbol says nothing about how it behaves on another, so treat results elsewhere as untested.
What timeframe does Vex Gold EA trade?
It holds a position for 2 min on average across the published record. That is scalping, and it is the style most sensitive to costs: the spread and any slippage are paid on every one of those trades, so a broker with a wider spread than the tracked account had can erase the edge without the strategy doing anything differently.
Does Vex Gold EA need a VPS?
It holds for 2 min on average, so the case for one is strong: at that hold time a few hundred milliseconds of latency and any gap in your connection land inside the trade rather than between trades. A home machine that sleeps, updates or drops its connection is taking positions off the plan.
What deposit does Vex Gold EA need?
We do not publish a recommended deposit, because that is the seller's claim to make and ours to check. What the record shows is the account it was tracked on, which opened at $200. The deepest drawdown on that account was 10.9%, so an account too small to sit through the same fall in money terms would have been closed out before the record recovered.
Is Vex Gold EA safe to run on a live account?
Not in the sense the question usually means. The worst fall on the record was 10.9%. Our checks raised nothing on the record we hold, which is not the same as nothing to raise. Size against that fall, not against the average month.
Does Vex Gold EA work on MetaTrader 4?
No. This is the MetaTrader 5 build, and a build for one terminal does not run on the other. Any MetaTrader 4 version is a separate listing with its own record, and nothing measured here carries across to it.
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
- $1,030
- Record length
- 26 weeks (6 months)
- Max drawdown by equity
- 4.81% · $54
- Max drawdown by balance
- 10.95% · $123
- Worst losing streak
- 3 trades
- Trades analysed
- 87
- Average hold
- 2 min
- Expected payoff
- $0 per trade
- Sharpe (as published)
- 0.05
- History measured
- 27 Apr 2026 – 14 Sept 2026
- Trades in the history file
- 65
- Opening balance
- $200
- Data source
- MQL5 live signal 2376823, statistics as published on the signal page
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