Python retrieves live institutional data — CFTC COT positioning, VIX, DXY, bond yields and volatility regime — and scores every trade before the EA commits a single lot.
£499 one time · MT5 EA + Python data engine · Full documentation included
You don't need to be a developer. Python runs a single script on your machine. Everything else is handled by the EA inside MetaTrader 5.
Run the included Python script once before each session. It pulls CFTC Commitment of Traders reports, VIX, DXY, US bond yields and classifies the current volatility regime. All data sources are free and publicly available.
~2 min setupPython scores the combined signals — High, Mid, or Low conviction — and writes the result to a file on your machine. The EA reads this file automatically before opening any position. No manual input required.
Fully automatedAttach the EA to your XAUUSD chart in MetaTrader 5 and let it run. It reads the conviction score, manages the hedge-and-recover logic, and handles position sizing and exits automatically.
Set and monitorMost retail EAs trade price action in isolation. This one reads the same underlying data that institutional desks monitor before making directional calls on gold.
Commitment of Traders reports show net positioning of commercial hedgers and large speculators. Extreme readings historically precede reversals.
Elevated VIX drives safe-haven flows into gold. The EA adjusts trade conviction based on current fear and risk-off sentiment levels.
Gold trades inversely to the dollar in most regimes. DXY trend direction and momentum are weighted directly into entry scoring.
US 10-year real yields are the strongest macro driver of gold. The script tracks yield direction and incorporates it into the conviction score.
The script classifies current conditions as low, medium or high volatility and adjusts lot sizing and hedge thresholds accordingly.
The EA is running on real market ticks under current conditions. Results will be published here as they accumulate — no cherry-picked start dates, no smoothed equity curves.
Tested under realistic broker conditions — full spread, commission and slippage included throughout. No curve fitting. No cherry-picked date ranges.
Past performance is not indicative of future results. Backtest figures are simulated and do not guarantee live performance. All results include spread and commission costs at realistic retail broker rates. Trading foreign exchange and commodities on margin carries substantial risk of loss and may not be suitable for all investors.
No subscription. No licence server. No upsells.
Compiled EA file ready to attach to any XAUUSD chart in MetaTrader 5.
The script that retrieves CFTC COT data, VIX, DXY, bond yields and volatility regime from free public sources and feeds conviction scores to the EA automatically.
Step-by-step guide covering broker setup, Python installation, parameter settings and how to interpret conviction scores.
Full trade log CSV and equity curve charts so you can verify every trade independently.
Fill in the form with your name and email. Takes 60 seconds.
David sends payment info within 24 hours. Bank transfer or PayPal accepted.
EA file, Python script, documentation and backtest data sent on confirmation of payment.
Island Algorithms is a trading technology company based on the Isle of Wight, UK. Founded by David McBride, a developer and algorithmic trader with a background in banking at Barclays and the Bank of New York.
Every tool sold here is built, tested and maintained by one person. No outsourced code, no teams of marketers. Just a trader who writes algorithms and publishes real results.
The trading tools market is full of noise. Island Algorithms exists to cut through it.
Questions about the EA, setup requirements, or want to talk through whether this is right for your trading? Drop a message.
[email protected]Trading foreign exchange and commodities on margin involves a high level of risk and may not be suitable for all investors. You could lose all of your deposited capital. Past performance — including backtest results — is not indicative of future results. Backtest figures are simulated under historical conditions and do not guarantee performance on live accounts.
Island Algorithms accepts no responsibility for any financial losses incurred through the use of this software. The EA and Python data engine are sold as tools only. It is your sole responsibility to understand the risks involved, manage your own capital, and ensure algorithmic trading is permitted by your broker. Island Algorithms is not a regulated financial adviser and nothing on this site constitutes financial advice.
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