This automated MT4 EA is specifically designed for trading the XAUUSD (Gold) pair. Trading in the gold market is often more lucrative than other currency pairs, though it comes with higher risks. Therefore, having the right tools to assist you is crucial for successful gold trading.
Innovative Trading Strategy
Unlike traditional Martingale robots that place order grids against the trend, this Gold Trading Robot positions orders in alignment with the prevailing trend. By capitalizing on market momentum, it effectively reduces risk. This revolutionary approach allows the robot to intelligently adjust the balance of trading positions whenever the trend shifts, ensuring that the entire grid of orders can close in profit.
Flexibility and Market Adaptability
One of the standout features of this Gold Trading Robot is its flexibility. It can operate continuously or at specified intervals, adapting to the market’s volatility. The robot is particularly effective with trading instruments that demonstrate significant volatility. However, it’s advisable to avoid trading during flat market conditions, such as holidays or nighttime lulls, and to focus on news events or the American trading session for optimal performance. 
Indicator-Free Design
This Gold Trading MT4 EA does not rely on traditional indicators; instead, it uses price movement as its sole indicator. This means that the robot opens positions based on price fluctuations, keeping the trading strategy dynamic and responsive to real-time market changes. This user-friendly system caters to both novice and experienced traders, allowing anyone to take advantage of automated trading.
Trading Strategy and Performance
By default, this EA enters the market at the start of the American trading session at 16:00 Moscow time. It opens a grid of orders based on the trend and typically waits until the following day to close them. This strategy aims for a consistent daily profit of 1%, translating to over 25% monthly returns, including refinancing.
Recommendations for Optimal Use
Minimum Account Balance: $100 cent account or an equivalent standard account.
Currency Pairs: While the robot can be used on any currency pair, its default settings are optimized for XAUUSD (Gold) and XAGUSD (Silver).
Optimal Timeframe: Best performance is seen on the H1 timeframe, though it can be effective on any timeframe.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Flexibility: The robot is not sensitive to spread, allowing you to choose any broker you trust (find the perfect broker for you).
