FvgGold EA (foeed (GitHub)): tested
What it claims
A free MetaTrader 5 robot for gold that trades fair-value-gap retests with a fixed stop and a 1.5R target. Its page showed +48.7% on a $10,000 account over January to July 2026 (64 trades, 45.3% won).
What we tested
Its own compiled code in the MetaTrader 5 Strategy Tester on 15-minute gold with its shipped settings, on years it was not built on (2023, 2024, 2025 and late 2026), with real tick spreads and swap. We also tested a fixed version that cancels orders once their gap has expired.
Spread and swap are inside these figures, since the tester fills at real bid and ask; swap alone moved the result only from -0.034R to -0.036R per trade.
Why
As shipped, the robot leaves limit orders waiting forever and allows only one at a time, so one order far from the price can stop it trading for most of a year, and what it earns depends on which order got stuck. With that fixed, it trades 700 to 800 times a year and loses a little every year. Its choice of buy or sell did no better than a coin flip on the same trades. The 45% 'win rate' counts break-even exits as wins: only 21% of trades reached the target, against the 40% needed at 1.5R.
Limits of this test
- The 2024 and 2025 as-shipped runs used ticks generated from 1-minute bars; all runs of the fixed version used 99-100% real ticks.
- A 16-setting stop and target search found two settings positive on past data; the best lost on 2026 real ticks.
Measured results, not advice. We have no commercial link with foeed (GitHub). If you made this tool and think a figure is wrong, write to corrections@trackedsignals.com; corrections are published within 7 days. How we test.