Forex Gold Trading EA FREE Download
This Gold Trading EA is an automated forex trading system, specially designed to trade only the XAUUSD (GOLD) pair, so it should not be used elsewhere.
Trading in the gold market is more profitable than other pairs and also riskier, so having the right tool at hand to help you is an important part of the gold trading process.
XProScalper Robot MT4
It’s an aggressive risk scalper that uses martingale and dynamic grid, allowing you to withdraw faster and reduce the number of trades. Since each cycle is independent, there can be multiple concurrent cycles.
Therefore, you can define the maximum number of concurrent cycles.
What is a Cycle?
A cycle is a strategy with signals, and entry and exit points.
Each cycle is independent. It has multiple orders, has its own signal, breakeven, and profit >= [MinProfit].
For small traders, several active cycles can be set based on their current balance.
But be aware. For an initial lot of 0.01, one SL cycle is equivalent to $100. If you start with $100, you risk losing it all.
This best gold trading robot has been working on MQL5 live signals for more than two months with a favorable profit/withdrawal ratio. According to the developers, it does not require any parameter optimization as it is optimized for the gold pair.
But you can modify the input parameters and optimize them according to your needs.
It is equipped with a news filter to avoid uncontrolled slippage when high impact news such as NFE/NFP or FOMC occurs.
Please test first with a demo account for at least a week.
Also, please familiarize yourself and understand how this gold trading robot works and then only use it in a real account.
Trend Squeezer Forex System
Suggestions for this MT4 Gold XAUUSD Robot
- Gold Minimum account balance of $1000 or equivalent trading account.
- Works best on XAUUSD(gold cfd), EURUSD. (works on any pair)
- The timeframe has no real impact on live trading, but for better testing quality, the recommended timeframe is M1 in xauusd trading hours.
- The developer does not recommend Gold Rush for beginners. Make sure you understand how MT4 and this EA work before putting them into action.
- The news filter not working on retesting. This will cause incorrect backtest results as the News Filter will help the EA to remove bad trades to limit withdrawals.
- Recommend to run this Gold Trading EA 24/5 on VPS. (Forex VPS – Trusted and Reliable FXVM)
- Low Spread ECN Account Also Recommended (Find Your Perfect Broker Here)
The Forex Gold EA gets its news from the specified website.
Open Tools -> Options -> Expert Advisors. Select the option “Allow web requests for listed URLs” Add the following:
“https://nfs.faireconomy.media/” and press “OK”.
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