Gold Trade Pro EA MT4 is an expert advisor (EA) designed exclusively for automated gold trading within the MetaTrader 4 platform.
Unlike other gold trading EAs that rely on risky grid or martingale strategies, this EA stands out by employing genuine trading tactics.
The basis of this EA lies in a genuine trading strategy, which distinguishes it from many alternatives on the gold trading EA market.
The developer advises starting with a minimum balance of $200 and an initial risk of 1% per trade.
This EA also supports FIFO rules and comes with customizable features such as trading comments, trading hours, maximum spread, and more.
Setting up the EA:
Recommended pair: XAUUSD/GOLD
Time period: Daily
Minimum balance: $200
Setup is very simple: simply open a gold chart on the daily time frame, drag the EA onto the chart and set the lot size settings.
For low balance accounts ($200-$400), I recommend only running strategies 2, 4, and 7, as they have the lowest drawdowns.
Risk Settings: I recommend using “Risk Per Trade” and starting with 1% risk per trade. If you feel comfortable, you can always increase the risk.
Developer page:
https://www.mql5.com/en/market/product/102746?source=External
live signals
https://www.mql5.com/es/signals/2032269?source=External
https://www.mql5.com/es/signals/2084890?source=External
In the downloadable file you have the EA and the latest configuration SET provided by the creator
Live account traders
My recommendation is to eliminate strategy 8 which is the newest and similar to 1
VERY IMPORTANT: FOR IT TO WORK CORRECTLY IT IS NECESSARY TO HAVE A MAXIMUM VERSION OF MT4 BUILD 1400
You can see that the name of the EA is Lion gold to differentiate it from the real version. but don't worry that it is the free version of Gold trade Pro |
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