Advanced Gold Trading EA MT4 V6.4 with Setfiles

What is Advanced Gold Trading EA MT4?

Advanced Gold Trading EA MT4 combines a proprietary “Special GOLD TREND” indicator with an integrated loss recovery system, specifically designed for automated XAUUSD trading on MetaTrader 4. The EA achieved a 33.91% gain in live trading results, though with a significant 78.42% drawdown that highlights the high-risk nature of its martingale-based recovery strategy.

About the Advanced Gold Trading EA MT4’s Author

Ho Tuan Thang, a developer from Vietnam with over 3 years of experience on the MQL5 platform, created this specialized gold trading solution. His background focuses on developing automated trading systems for the forex market.

Key Takeaway

• Overview: Fully automated XAUUSD trading system with built-in trend indicator, scalping entries, and grid-based recovery mechanism for MT4 platform

• Trading Strategy: Combines trend-following entries using proprietary “Special GOLD TREND” indicator with Dollar Cost Averaging (DCA) recovery system that multiplies lot sizes and adds positions at intervals when trades move into loss

• Core Algorithm: Initial trades follow trend signals for small scalping profits; when losses occur, activates “Guard Mode” using volume multipliers (1.2x) and step multipliers (1.2x) to average down positions until overall profitability is achieved

• Key Benefits: 24/7 automated execution, emotion-free trading, integrated news/time filters, customizable risk parameters, and comprehensive profit recovery system

• Verified Performance: Live account showed 33.91% gain with 92.72% win rate in backtests, but maximum drawdown reached 78.42% – demonstrating high profit potential alongside substantial risk exposure

• Primary Risks: Martingale recovery system can lead to severe drawdowns during strong trending markets; strategy conflicts between trend-following entries and counter-trend recovery; requires careful parameter optimization and substantial capital reserves

Recommendations for Advanced Gold Trading EA MT4

• Trading Platform: MetaTrader 4 (MT4) – specifically optimized for this platform only

• Pairs: XAUUSD (Gold) exclusively – designed specifically for gold market characteristics and volatility patterns

• Supported Accounts: ECN and Standard accounts – ensure broker allows grid trading and has competitive spreads for gold

• Timeframe: M5, M15, H1 – multiple timeframes supported with M15 showing optimal backtest results

• Trading Time: Configurable sessions (default 08:00-10:00, 16:00-18:00, 21:00-23:00) – avoid major news events and weekend gaps

• Leverage: 1:100 to 1:500 recommended – higher leverage amplifies both profits and losses significantly; understand margin requirements for grid positions

• Minimum Deposit: $1,000 minimum, $2,000+ strongly recommended – higher balance provides better risk management given the EA’s high-drawdown recovery strategy

Quick-Start Parameter Guide

Risk Management
• Hard Stop Loss (in Money): Set to maximum acceptable loss amount – critical protection against account wipeout
• Initial Lot: Start with 0.01 – conservative sizing essential for grid strategy
• Balance Step: 2000 – determines lot sizing relative to account balance
• Max Trades: 11 – limits maximum concurrent positions

Trade Entry
• Start Distance: 30 points – initial spacing between grid levels
• Step Multiplier: 1.2 – increases distance between subsequent trades
• Volume Multiplier: 1.2 – increases lot size for recovery trades (high risk parameter)

Profit Management
• Take Profit: 5.0 points – target for individual trades
• Scalping Profit: Set realistic money target for quick exits
• Total TP after Recovery: 0.1 – minimum profit target for entire grid closure

Filters
• News Filter: Enable for USD, JPY, EUR – prevents trading during high-impact news
• Time Filter: Configure trading sessions – avoid volatile market hours
• Weekend Filter: Enable to prevent gap trading

Advanced Gold Trading EA MT4 Review

This EA delivers automated gold trading with proven 33.91% returns but demands experienced users who can handle 78.42% drawdowns. The hybrid trend-following and grid recovery strategy suits traders seeking aggressive automation with substantial risk tolerance.

Backtest Results Highlights:
• 92.72% win rate across 4,588 trades on M15 timeframe
• 576.64 total net profit from 1,000 initial deposit
• Maximum drawdown: 25.59% (318.84) – significantly lower than live account drawdown
• Profit factor: 1.39 indicating positive expectancy

Live Trading Performance:
• 33.91% absolute gain over tracking period
• 78.42% maximum drawdown – substantially higher than backtest
• Monthly growth averaging 10.91%
• Balance peaked at $3,932.58 before significant retracement

Why Choose Advanced Gold Trading EA MT4

• Specialized Gold Strategy: Purpose-built for XAUUSD with market-specific indicators and parameters, though success depends heavily on parameter optimization and market conditions

• Comprehensive Recovery System: Advanced DCA mechanism can recover from significant losses, but requires substantial capital reserves and psychological tolerance for large drawdowns

• Built-in Risk Filters: News, time, and weekend filters help avoid volatile periods, though cannot eliminate all market risks inherent to gold trading

• Full Automation: Eliminates emotional trading decisions and enables 24/7 market participation, but requires continuous monitoring of drawdown levels and market conditions

• Proven Live Results: Demonstrated real-world performance with verified MyFxBook tracking, though past performance includes substantial drawdown periods that may not be suitable for all traders

Conclusion

Advanced Gold Trading EA MT4 offers a sophisticated automated solution for gold trading with proven profitability, but requires experienced traders comfortable with high-risk martingale strategies and substantial drawdowns. Best suited for intermediate-to-advanced users with adequate capital reserves; beginners should exercise extreme caution given the 78.42% drawdown potential.

Ready to Use Advanced Gold Trading EA MT4?

• Telegram Support: https://t.me/+E2r7ipeuS6BjNzFl
• Email Contact: [email protected]
• Website: eafxway.com

Advanced Gold Trading EA MT4 Download Packages:

• Link download experts:
  • Advanced Gold Trading EA MT4.ex4
• Presets:
  • Advanced_gold_trading_2 digits_H1_31.3.2022_$500.set
  • Advanced_gold_trading_3 digits_H1_31.3.2022_$500.set
  • Advanced_Gold_Trading_M5_medium risk_2 digits_$2000.set
  • Advanced_Gold_Trading_M5_medium risk_3 digits_$2000.set

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