Introducing Gold Rush Pro EA
Gold Rush Pro EA is an Expert Advisor (EA) designed specifically for forex trading on the Meta Trader 4 platform, targeting gold (XAUUSD) pairs. It stands out for beginners in forex trading by addressing a common pain point: the complexity and risk of trading in volatile markets. Gold Rush Pro EA simplifies this process through automated, strategic trading, making it less daunting for newcomers to navigate the Forex market.
Who is the Author?
Pham Quoc Khanh is a developer from Vietnam with many years of experience in the Forex market.
- Official Website : https://www.mql5.com/en/market/product/81046
Advantage of Gold Rush Pro EA MT4
- Automated Trading: Executes trades based on sophisticated algorithms, requiring minimal user intervention.
- Risk Management: Incorporates features like dynamic Grids and Martingale strategies to manage and mitigate risks effectively.
- User-Friendly: Designed with beginners in mind, making forex trading accessible to those with limited experience.
Key Features
- Customizable Strategies: Offers various settings to tailor trading strategies to individual risk tolerance and goals.
- Dynamic Risk Management: Utilizes a combination of martingale and grid strategies to optimize potential returns while managing drawdowns.
- Independence of Cycles: Allows for multiple trading cycles to run simultaneously, each with its own set of orders and strategies.
- High Leverage Compatibility: Works best with accounts that offer leverage of 1:500 or more, enhancing the potential for significant returns.
Gold Rush Pro EA Review:
In testing, Gold Rush Pro EA demonstrates a unique approach to forex trading, particularly in the gold market. Its use of dynamic grids and martingale strategies allows for quicker exits from drawdowns, which is particularly appealing for beginners looking for safety nets. However, it’s crucial to understand that high reward comes with high risk, especially with strategies involving martingale. While the EA aims to maximize wins and minimize losses, users should invest only what they can afford to lose and always use stop-loss settings to protect their investments.
![Gold Rush Pro EA MT4 Backtest](https://mqlshop.com/wp-content/uploads/2024/03/Gold-Rush-Pro-EA-MT4-Backtest.jpg)
Optimal settings
- News Filter cannot backtest. This will cause inaccurate backtest results, as News Filter will help EA eliminate bad trades to limit Drawdown.
![Gold Rush Pro EA MT4 Setting](https://mqlshop.com/wp-content/uploads/2024/03/Gold-Rush-Pro-EA-MT4-Setting.jpg)
![Gold Rush Pro EA Setting](https://mqlshop.com/wp-content/uploads/2024/03/Gold-Rush-Pro-EA-Setting.jpg)
![Gold Rush Pro EA MT4 Settings](https://mqlshop.com/wp-content/uploads/2024/03/Gold-Rush-Pro-EA-MT4-Settings.jpg)
Recommended Parameters
Name | Appropriate |
---|---|
Platform | Meta Trader 4 (MT4) |
Currency Pairs | Specifically designed for XAUUSD (Gold) |
TimeFrame | M1 for testing, but not critical for live trading |
Minimum Account Balance | $200 per cycle for an initial lot of 0.01 |
Preset | Customizable based on user preference and risk management |
VPS | Recommended for optimal performance |
Broker | Requires a hedge account with high leverage (1:500 or more) and low spread |
Gold Rush Pro EA MT4 Download:
- Link download expert: Gold Rush Pro EA MT4 .ex4
- Presets
Download link, Installation guide 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
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