About Midas: an MT5 Gold Grid Expert Advisor

Midas is an Expert Advisor (a trading robot) for MetaTrader 5 that trades gold (XAUUSD) with a grid strategy: grid entries by trend, a trailing exit, an optional one-order lock and a control panel on the chart. It is sold as a license, Monthly for $99 or Lifetime for $399 with the same features in both, through the Telegram bot @MidasGridBot. This page covers what the product is, how it is built and checked, and how this site pays for itself.

What exactly is Midas?

Platform: MetaTrader 5 only, on Windows. A VPS is recommended so the terminal stays online.
Instrument: XAUUSD (gold) only. No other symbols are supported.
Account: a hedging-type cent MT5 account, not a netting one. How to pick one.
Strategy: Midas opens a basket by trend. If price moves against it, it adds a larger order at each next step (a doubling grid) and closes the basket with a trailing exit.
Lock: an optional single opposite order. While it stays on, the floating loss on the locked part of the basket stops growing. It is not insurance and it does not prevent a stop-out.
Panel: four tabs on the chart (Grid, Autolock, Exit, Alerts), in English and Russian.
License: a key tied to one MT5 account, checked on our server.

What problem does Midas solve?

A gold grid run by hand means opening and watching many orders, remembering the lot of every step and doing the arithmetic under pressure. Midas takes over the routine: it starts the series, adds orders by the grid, trails the exit and sends alerts to your terminal or phone.

It also puts the arithmetic of your settings on screen before you start. The Grid tab shows the total volume of the full basket, the loss at the last order if price never turns back, and the room left before the broker's stop-out. The grid calculator, the margin calculator and the cent account calculator do the same kind of sums in your browser.

What Midas does not solve is price risk. It does not predict where gold goes, and a martingale-style grid can lose part or all of a deposit on a strong move against the basket. Nothing on this site is individual investment advice, and we do not promise any result. Read Risk, plainly before you fund an account.

How is Midas developed and tested?

Only facts you can check:

Timeline. The first versions date from August 2026. The MetaTrader 5 version has existed since the end of August 2026. The first public build, with license keys, the Telegram bot and this site, went out on 27 September 2026. The current version is 5.40 (5 October 2026). Every release is listed with its date on the changelog.
Checks before a release. A build is compiled from source with MetaEditor and run through a regression in the MetaTrader 5 Strategy Tester on gold M1 data. The trade list of the new build is compared with a reference run, so a change that was not meant to alter trading behavior shows up. A tester run says nothing about future results. The Telegram bot and the license server also have automated tests.
License server. The advisor checks its key at most once an hour at lic.midasgrid.com. If the server cannot be reached, trading carries on for a day on the last successful check. A license never closes your positions: without a valid key, only a new series does not open.
Help center. Step-by-step guides, including a ten-step install with screenshots, plus the FAQ. The site is available in 11 languages: English, Russian, Spanish, German, Portuguese, French, Italian, Turkish, Indonesian, Arabic and Hebrew. The Telegram cabinet is in English, Spanish, German and Russian.

How does this site earn money?

Two ways, and we would rather say so up front.

License sales. Monthly $99 and Lifetime $399, paid in the Telegram bot.
Referral links. The guides on opening an account and choosing a VPS contain referral links to broker and VPS providers. If you register or buy through them, we may receive a commission from the partner. The price you pay does not change. Brokers there are examples of account types, not a ranking. Check that a broker accepts clients from your country before you register.

The site shows no third-party advertising and does not sell visitor data. See Privacy and cookies for what is collected.

Who is behind Midas, and how do I reach you?

Midas is published under the Midas name. This site does not list personal names or personal contact details. Purchases, keys, files and support all run through one place, the Telegram bot @MidasGridBot, so the whole conversation with you stays in a single chat. How to write and what to include: Support. The presenter in Midas videos, Matt, is an AI avatar, not a real person; articles and guides on this site are published under the Midas name.

Frequently asked questions

Who makes Midas?

Midas is made and supported by the Midas team. The site carries no personal names or contact details: licenses, files and support all go through the Telegram bot @MidasGridBot, and the whole conversation stays in one chat there.

How does the Midas website make money?

From license sales (Monthly $99, Lifetime $399) and from referral links to brokers and VPS providers in the setup guides. If you register or buy through a referral link, we may receive a commission from the partner. The price you pay does not change.

Does Midas work on MT4 or on instruments other than gold?

No. Midas runs on MetaTrader 5 only and trades XAUUSD (gold) only. It needs a hedging-type cent account, and it is not supported on netting accounts.

Does Midas promise profit?

No. Midas is a martingale-style grid, and such a strategy can lose part or all of a deposit on a large enough move against the basket. We promise no result, and past or simulated results do not decide future ones. Calculators on this site show arithmetic of the settings you enter, not forecasts.

Where to go next