Gold Excel EA MT4 V3.0 with setfiles

Introducing Gold Excel EA MT4 :

Gold Excel EA MT4 is an automated trading robot specifically designed for the XAUUSD (Gold) pair, operating on the MT4 platform. This EA stands out with its ability to place trades automatically twice a day, allowing you to capitalize on the significant price movements of the gold market. With a minimum deposit requirement of just $50, this EA is suitable for both small retail traders and professionals, helping you maximize profits with low trading costs.

Who is the Author?

Gregory Hay is a UK born and raised developer with over 15 years of experience in the Forex market.
Gregory Hay‘s products are tested and tried on real accounts and are time tested.
Rated on MQL5 with an average star rating of 4.5, this ensures that the developer’s products are trusted and effective.

• Vendor: https://www.mql5.com/en/market/product/111974 
• Original Price: $699 USD

Live trading:

Showing a profit of $1,516.60 USD from a $1,000 USD initial deposit:

Backtest Results

• Monthly Profit: The EA generated a total profit of $56,031.63 over the backtest period, showing steady monthly returns.
• Daily Profit: Each trade averages a profit of $85.46, proving its ability to consistently earn daily profits.
• Drawdown: Maximum Drawdown: 24.65%, which equals $2,456.74—a manageable risk for the potential rewards; Relative Drawdown: 14.82%, showing effective risk management.

Characteristics of Gold Excel MT4

Trading Strategy:

Gold Excel EA operates based on a pending order method, focusing on high liquidity sessions when the U.S. market opens. Each trade is protected by a fixed $5 stop loss, ensuring effective risk control.

Key Features :

• Optimal Risk Management: Utilizing the Recovery Function 3.0, this EA increases the lot size after a loss, helping to recover quickly and grow the account.
• No Overnight Trading: All positions are closed before the end of the day, minimizing the risks associated with overnight volatility.
• Easy Setup: Gold Excel EA is very user-friendly, requiring only adjustments to lot size and GMT time if necessary.

Key Benefits :

• Cost Optimization: Performing well on low-spread accounts, this EA helps you save on trading costs and maximize profits.
• Reliable Performance: With a win rate of up to 85%, the EA has proven its effectiveness through both backtesting and live trading, showing a profit of $1,516.60 USD from a $1,000 USD initial deposit over 12 weeks, with a 267% growth.
• Suitable for All Account Types: From personal trading accounts to prop firm accounts, Gold Excel EA meets the needs of all traders.

General Review of Gold Excel EA 

Gold Excel EA is an excellent choice for those seeking an automated trading tool with low costs and high performance on the XAUUSD (Gold) pair. With an impressive win rate and the ability to recover from losses, this EA offers peace of mind to traders while being easy to use and set up. However, it’s important to note that results may vary depending on market conditions and the broker you choose.

Instructions for Installing Gold Excel EA

1. Download the EA: Purchase and download Gold Excel EA from the official vendor website.
2. Install on MT4: Open MetaTrader 4 and navigate to the “File” menu, then select “Open Data Folder.”
3. Copy Files: Copy the downloaded EA files into the “Experts” folder within the MetaTrader 4 directory.
4. Refresh Navigator: In the MT4 platform, refresh the Navigator window or restart MT4.
5. Attach to Chart: Drag and drop Gold Excel EA onto the XAUUSD (GOLD) chart.
6. Adjust Settings: Set your preferred lot size and configure the GMT offset if necessary.
7. Enable Auto Trading: Ensure that the “Auto Trading” button on MT4 is enabled.

Recommended Parameters

Gold Excel EA MT4 Download Contents :

• Link download Expert: Gold Excel EA MT4 .ex4
• Presets

Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

Payment:

• Payment Options: PayPal, credit card, USDT TRC20, Binance Pay

Risk Warning:

• Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
• Past performance is not a guarantee of future profits.
• Always test EAs on a demo account before applying them to a live account.

==>> You can get this EA for free with our Premium Membership package

Copyright by David S. Song