MT5 forex EA · solo gold tests
Boring Pips MT5 Download — Forex EA for AUD Pairs
Boring Pips MT5 is a MetaTrader 5 EA for AUDNZD, NZDCAD, and AUDCAD on M5. Grid and martingale can be turned on. Six solo gold tests on this page run this EA alone. Four of the six averages were minus. The $1,000 baseline lost $16.57.
What is Boring Pips MT5?
Version 5.0 (published 10 August 2023) is priced at 399 USD. It runs from one M5 chart. It looks at momentum, supply and demand zones, and Fibonacci retracement. Take-profit trails. Stop-loss is fixed. Grid and martingale are optional. Risk modes are Boring, Low, Medium, and High. You can stop new trades or close all trades at a drawdown limit.
The product page does not list XAUUSD as a recommended pair. The gold tests on this page are an extra check of this EA alone on gold. They are not the AUD pair set.
These tests do not rank it against other gold EAs. Each run is this EA only, on 100 gold paths, with the deposit, risk, or window changed. The results are on this page.
- M5 one chart, AUD pairs
- 2/6 gold settings with a plus average
- Forex recommended pairs, not XAUUSD
- 5.0 current version
How Boring Pips MT5 trades
Grid and martingale can be turned on. They are optional. These gold tests run the EA with grid off.
You pick a risk mode (Boring, Low, Medium, or High) and a base balance. You can stop new trades or close all trades when drawdown hits a limit you set.
Results can differ by pair, spread, and whether grid or martingale stays on.
What you can set
On these gold tests, 0.5% risk gained $4.31 while 1% risk lost $16.57, and 2% risk lost $41.71. Keep the first live risk small. Those numbers are gold paths, not the AUD pair set.
Broker presets
- One M5 chart for AUDNZD, NZDCAD, and AUDCAD
- Risk modes: Boring, Low, Medium, High
- Trailing take-profit and a fixed stop
- Grid and martingale optional
- Stop new trades or close all at a drawdown limit
Specs
- Platform
- MT5
- Price
- 399 USD
- Version
- 5.0 (published 10 August 2023)
- Chart
- M5, one chart for all symbols
- Recommended pairs
- AUDNZD, NZDCAD, AUDCAD
- Grid / martingale
- Optional
Requirements
- MetaTrader 5
- An M5 chart on AUDCAD, AUDNZD, or NZDCAD
- A broker that offers those pairs
- Your own daily loss limit
A good fit if you
- want an MT5 EA for AUDNZD, NZDCAD, and AUDCAD on M5
- will demo the recommended pairs before any live use
- want the gold-path numbers before you decide
Not a fit if you need
- need an EA whose recommended pair is XAUUSD
- need a plus average on the $1,000 gold test — that average was −$16.57
Key risks and how to reduce them
What can go wrong
- Four of six gold averages were minus. The $1,000 baseline lost $16.57.
- At 2% risk the average was −$41.71, and only 36 of 100 paths finished in profit.
- On $300 the worst path fell 36.33% and closed at −$103.65.
- Grid and martingale can be turned on. These gold tests ran with grid off.
- These gold paths are not the AUD pair set.
Safer first steps
- Demo AUDNZD, NZDCAD, and AUDCAD on M5 before any live use.
- Leave grid and martingale off until that demo is acceptable.
- Keep risk small. On gold, 2% risk lost more than 1%.
- Set your own daily loss limit.
What to know before you download
- Confirm MetaTrader 5 and AUDNZD, NZDCAD, or AUDCAD on M5.
- Note that the product page does not list XAUUSD as a recommended pair.
- Read the six solo gold tests before you rely on them.
- Decide whether grid and martingale stay off.
Solo gold tests
- Coverage: 6 tests · this EA only · 100 gold paths each · 90 days (one 180-day test)
- Profit: minus average on 4 of 6 tests. The $1,000 baseline was −$16.57
- 0.5% risk: +$4.31, the smallest $1,000 plus
- $5,000 account: +$72.31, about +1.5%, with 53 of 100 paths in profit
- Average drawdown about 8.3–13.7%. Worst path 36.33% on $300. No washouts
Did it make money on average?
Mixed — made money on average in 2 of 6 tests
We ran 6 gold tests of this EA alone, with different account settings. Each line is that test’s average dollar result.
Each setting is written out in the test section below.
Download Boring Pips MT5
These gold results are an independent XAUUSD check of the EA alone. They are not the AUD pair set.
How to install
- Open the official product page.
- Install it in MetaTrader 5 on an AUDCAD, AUDNZD, or NZDCAD M5 chart.
- Pick a risk mode and leave grid and martingale off until a demo looks acceptable.
- Set a small risk and your own daily loss limit.
Listing checked 16 Oct 2026. Price can change.
Other options to compare
Compare when: you want an MT5 EA built for XAUUSD
SomaGold runs 32 breakout strategies on one gold chart and has a published research page.
Compare when: you want a free MT4 gold EA
Orion uses stop-based risk and can be downloaded from this site.
Test results for Boring Pips MT5
- 6 tests
- 100 paths each
Results breakdown
• Profit: minus average on 4 tests, plus on 2. Baseline −$16.57. The $5,000 test was +$72.31. The 2% risk test was −$41.71.
• 0.5% risk gained $4.31, while 1% risk lost $16.57.
• Paths in profit: 36–53 of 100. No washouts.
• Drawdown: average max drawdown about 8.3–13.7%. Worst path 36.33% on $300, 27.27% on the baseline.
• Bottom line: a small gold loss on the usual $1,000 setup, a larger loss at 2% risk, and a small plus only at 0.5% risk and on $5,000.
See Where it looked stronger or weaker below for the setting-by-setting read.
How often did paths make money?
53 / 100 best · Boring Pips MT5 gold @ $5000 deposit
Each bar is one test. Height = share of paths that finished in profit — not the same as average $.
How the tests work
Gold (XAUUSD) only. Boring Pips MT5 ran alone: no other EA in the test. Each run used 100 paths. The baseline is $1,000, 90 days, 1% risk, lot 0.01. The other runs change one thing: 0.5% risk, 2% risk, a $300 deposit, a $5,000 deposit, or a 180-day window. The product page recommends AUD pairs, so these runs are a gold check, not the one-chart AUD setup.
- Symbol: XAUUSD
- Paths per test: 100
- Typical window: 90 days · deposit 1000 · lot 0.01 · risk 1%
- Market mix: random (uptrend, downtrend, range, chop, and shock paths)
- Engine: Hosted FX EA Tester (this EA alone)
- Coverage: 6 tests · 100 paths each
There is no rank and no “wins” score, because nothing else was in the test.
Average profit is the mean dollar result. Paths in profit is how many of the 100 paths finished up. Drawdown is the usual dip and the worst path.
How to read each test
Where Boring Pips MT5 looked stronger
These lines are account settings for Boring Pips MT5 by itself, on gold. They are not a ranking against other gold EAs, and they are not the AUD pair set.
Looked better in
- 0.5% risk — +$4.31, while 1% risk lost $16.57
- $5,000 account — +$72.31, about +1.5%, with 53 of 100 paths in profit
- Average drawdown on $5,000 — 8.33%, the lowest in this set
Looked weaker in
- 2% risk — −$41.71, with 36 of 100 paths in profit
- $1,000 baseline — −$16.57
- $300 worst path — 36.33%
Results one test at a time
One test at a time — this EA alone, with a different deposit, risk, or window. Look at profit, drawdown, and the short note for each.
Boring Pips MT5 gold baseline
What stood out in this test
Also notable: −$16.57 is about −1.7%. The worst path fell 27.27% and closed at −$252.65. No path washed the account out.
How Boring Pips MT5 did in this test
Boring Pips MT5 gold @ 0.5% risk
What stood out in this test
Also notable: This is the 0.5% risk test on $1,000. It was plus while the 1% baseline was minus. The worst path fell 26.25% and closed at −$244.50.
How Boring Pips MT5 did in this test
Boring Pips MT5 gold @ 2% risk
What stood out in this test
Also notable: This is the 2% risk test, and the weakest average in the set. The worst path fell 30.52% and closed at −$270.66.
How Boring Pips MT5 did in this test
Boring Pips MT5 gold @ $300 deposit
What stood out in this test
Also notable: On a $300 deposit, −$9.59 is about −3.2%. The worst path fell 36.33% and closed at −$103.65 — the deepest drawdown in this set.
How Boring Pips MT5 did in this test
Boring Pips MT5 gold @ $5000 deposit
What stood out in this test
Also notable: On a $5,000 deposit, +$72.31 is about +1.5%. This was the strongest dollar average, and average drawdown was the lowest in the set. The worst path fell 24.25% and closed at −$1,200.94.
How Boring Pips MT5 did in this test
Boring Pips MT5 gold @ 180-day window
What stood out in this test
Also notable: This is the 180-day window on $1,000. The loss was smaller than the 90-day baseline. The worst path fell 33.83% and closed at −$236.38.
How Boring Pips MT5 did in this test
Related on Orion: gold EA store · risk disclosure · backtesting limits
So… is Boring Pips MT5 worth trying?
Where it looked stronger or weaker
These lines are account settings for Boring Pips MT5 by itself, on gold. They are not a ranking against other gold EAs, and they are not the AUD pair set.
Better in these test mixes
- 0.5% risk — +$4.31, while 1% risk lost $16.57
- $5,000 account — +$72.31, about +1.5%, with 53 of 100 paths in profit
- Average drawdown on $5,000 — 8.33%, the lowest in this set
Weaker in these test mixes
- 2% risk — −$41.71, with 36 of 100 paths in profit
- $1,000 baseline — −$16.57
- $300 worst path — 36.33%
Strong points
- No account washouts in these gold tests
- 0.5% risk gained $4.31, while 1% risk lost $16.57
- The $5,000 test gained $72.31, with 53 of 100 paths in profit
- Average drawdown on $5,000 was 8.33%, the lowest in the set
Weak points
- The $1,000 baseline lost $16.57 on average
- Four of the six gold averages were minus
- At 2% risk the average was −$41.71
- The $300 worst path fell 36.33%
Reasons it may fit you
- You want the solo gold numbers before you use it
- You will demo the AUD pairs first
- You can leave grid and martingale off
Reasons to be careful
- You need a plus average on the $1,000 gold test
- You want an EA built for XAUUSD
Our take
In six solo gold tests — this EA only — four averages were minus. The $1,000 baseline lost $16.57. At 0.5% risk the average was +$4.31. On $5,000 the average was +$72.31, about +1.5%.
Our take: Mixed — strengths and weak spots both show. The gold check was weak on four settings and only barely plus on two. That does not describe the AUD pair set. Demo the recommended pairs before any live use.
These tests run this EA by itself on gold. They are research tests — not live trading. Read the risk disclosure.
What the run looked like
Screens from FX EA Tester while the tests ran — real test progress, not ad images.
Boring Pips MT5 gold baseline
Boring Pips MT5 gold @ 180-day window
FAQ
Where do I get Boring Pips MT5?
From the official MetaTrader 5 product page linked on this page. Version 5.0, priced at 399 USD.
Is this the same as Boring Pips MT4 or Boring Gold EA?
No. Boring Pips MT4 is a separate product (103093). Boring Gold EA is a different gold EA. This page covers only Boring Pips MT5 (product 103505).
How much does it cost?
399 USD on the product page checked 16 Oct 2026.
Does it use a grid or martingale?
Both are optional. You can leave them off. These gold tests ran with grid off.
What does it need to run?
MetaTrader 5 and an M5 chart on AUDCAD, AUDNZD, or NZDCAD. One chart can run the symbols together.
How were the gold tests run?
This EA alone, on XAUUSD. No other EA was in the test. Six settings, 100 gold paths each. These runs are not the AUD pair set.
How did it do on gold?
Four of six averages were minus. The $1,000 baseline was −$16.57. The 0.5% risk test was +$4.31. The $5,000 test was +$72.31.
Where did it look stronger?
At 0.5% risk the average was +$4.31. On $5,000 the average was +$72.31, about +1.5%, with 53 of 100 paths in profit.
How deep was the drawdown?
Average max drawdown was about 8.3% to 13.7%. The worst path was 36.33% on $300, 30.52% at 2% risk, and 27.27% on the $1,000 baseline.
Are these live trading results?
No. These are FX EA Tester gold paths, not live trading, and not the AUD pair set.
What to do next
1) Note the main finding: a minus average on four of six gold settings, including −$16.57 on the $1,000 baseline.
2) If you still want the EA, demo AUDNZD, NZDCAD, and AUDCAD on M5 before any live use.
3) ZIP downloads are the path reports for each gold setting.
More gold EAs with experiments
Research test results are not live trading performance. Orion publishes honest test-based reviews so you can check setup, profit, and risk before you try an EA — not financial advice. Official downloads stay on MetaTrader Market. Read the risk disclosure.