Greedy Golden EA MT4 with Setfiles (Latest version)

What is Greedy Golden EA MT4?

Greedy Golden EA MT4 is an automated gold trading expert advisor that uses advanced RSI divergence detection combined with dual-strategy logic to navigate the volatile XAUUSD market on MetaTrader 4. Live trading results demonstrate 624% growth since 2024 with a 74.2% win rate and 14.4% maximum drawdown. The EA specifically targets high-probability entry points through sophisticated divergence algorithms optimized for the M15 timeframe on gold futures.

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About the Greedy Golden EA MT4’s Author

Mihails Babuskins brings over 3 years of MQL5 programming experience to this specialized gold trading automation. Multiple user reviews highlight his exceptional responsiveness and technical support quality, with traders consistently praising his ability to provide personalized optimization guidance. His expertise in gold market dynamics and commitment to user success has earned consistent 5-star ratings from live users who value both EA performance and ongoing developer assistance.

Key Takeaway

• Advanced Divergence Strategy: Utilizes 14-period RSI divergence detection on M15 timeframe to identify price-momentum discrepancies, automatically triggering trades when divergence patterns signal potential reversals in gold market trends

• Hybrid Trading Approach: Combines long-term trend-following with short-term scalping techniques, allowing the EA to capitalize on both sustained moves and quick profit opportunities within volatile gold price action

• Smart Risk Controls: Features comprehensive capital management with configurable maximum risk percentage, margin level protection, and position limits to prevent overexposure during extreme gold market volatility

• Verified Live Results: Demonstrates 624% growth since 2024 with 74.2% win rate and 14.4% maximum drawdown, though backtest performance varies significantly (26.70% to 49.54% drawdown) based on parameter configuration

• Critical Limitations: Highly sensitive to parameter settings requiring careful optimization, vulnerable to false divergence signals during strong trending periods, and dependent on low-spread broker conditions for optimal scalping performance

Recommendations for Greedy Golden EA MT4

• Trading Platform: MetaTrader 4 (MT4) exclusively – no MT5 compatibility available

• Currency Pairs: XAUUSD (Gold) only – specifically engineered for gold market characteristics and volatility patterns

• Supported Accounts: ECN or swap-free accounts strongly recommended for optimal scalping component performance and reduced trading costs

• Timeframe: M15 (15-minute) primary optimization with M5 and M30 as secondary options – M15 provides best balance of signal quality and trade frequency

• Trading Time: 24/7 automated operation with optional time filter functionality to avoid high-impact news events that may cause erratic price movements

• Leverage: Minimum 1:20 required, optimal at 1:100 as shown in live results – higher leverage significantly amplifies both profit potential and loss risk, demanding strict risk management protocols

• Minimum Deposit: $500 minimum recommended, though $1000+ advisable for better risk management given gold’s inherent volatility and potential drawdowns reaching 49.54% in certain configurations

Quick-Start Parameter Guide

Risk Management Controls
• maximum_risk: Account risk percentage per trade (4% in successful backtests) – higher values increase profit potential but exponentially increase drawdown risk
• moneymanagement: Auto lot sizing based on account balance vs fixed LOTSIZE (0.01 safe for beginners) – auto sizing adapts to account growth but requires careful risk percentage setting
• min_margin_level: Minimum margin threshold (30% typical) – prevents trading when account approaches margin call levels

Entry Signal Configuration
• oscillator_period: RSI period for divergence detection (14 standard) – shorter periods increase signal frequency but may generate more false entries
• direction: Trade direction control (0=both directions, Long=trending bias) – restricting direction reduces trade opportunities but may improve consistency in trending markets
• maximum_fix_positions: Maximum simultaneous trades (1-4 range) – more positions multiply both profit potential and risk exposure

Profit Management Settings
• method: Exit strategy (1=Trailing SL recommended) – trailing stops protect profits during favorable moves while allowing extended runs
• min_profit: Minimum profit target in points (60-600 range) – higher targets reduce trade frequency but improve risk-reward ratios
• float_positions: Temporary position limit (2 standard) – controls overexposure during rapid market movements and news events

Greedy Golden EA MT4 Review

Greedy Golden EA MT4 demonstrates solid automated gold trading performance with 624% live growth and 74.2% win rate, but requires intermediate-level parameter optimization skills and tolerance for potential drawdowns up to 49.54%. Best suited for experienced traders seeking hands-off XAUUSD exposure with comprehensive risk management features.

Backtest Performance Analysis:
• Period: September 2022 – February 2024 (M15 XAUUSD)
• Net Profit: $2,465.94 from $3,000 initial deposit (82.2% return)
• Profit Factor: 9.31 indicating strong profit-to-loss ratio
• Maximum Drawdown: $1,414.74 (47.2% of initial deposit)
• Parameter sensitivity: Different settings produced 26.70% to 49.54% drawdown variance

Live Trading Verification:
• Growth: 624% since 2024 with $5,599.57 profit generated
• Win Rate: 74.2% with only 25.8% losing trades
• Maximum Drawdown: 14.4% (significantly lower than backtest)
• Reliability: 68 weeks of consistent automated operation

User Experience Feedback:
• Three verified 5-star reviews praising safety and stability
• Users report “stress-free trading” and “extremely safe” experience
• Consistent praise for developer’s responsive support and optimization assistance

Why Choose Greedy Golden EA MT4

• Documented Live Success: 624% verified growth with 74.2% win rate provides concrete evidence of real-world effectiveness, though users must prepare for potential 14.4% drawdowns during volatile gold market periods

• Advanced Entry Logic: RSI divergence detection offers higher-probability entries than simple moving average crossovers, but requires stable broker execution and may produce false signals during persistent trending markets

• Comprehensive Automation: Dual-strategy approach handles both trending and ranging gold market conditions automatically, though this complexity demands careful parameter optimization and understanding of both scalping and trend-following principles

• Professional Risk Management: Built-in margin protection, position limits, and trailing stops provide superior capital preservation compared to basic EAs, but incorrect parameter settings can still result in significant account drawdowns

• Exceptional Developer Support: Consistent user testimonials highlight responsive technical assistance and ongoing optimization guidance, contrasting sharply with typical EA developers who provide minimal post-purchase support

Conclusion

Greedy Golden EA MT4 delivers proven automated gold trading through sophisticated divergence detection with verified 624% live performance, but demands intermediate-level optimization skills and acceptance of 14.4-49.54% potential drawdowns. Ideal for experienced traders wanting automated XAUUSD exposure with dedicated support, while beginners should consider extensive demo testing or simpler strategies first.

Ready to Use Greedy Golden EA MT4?

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

Greedy Golden EA MT4 Download Packages:

• Link download experts:
  • Greedy Golden EA MT4.ex4
• Presets

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