Introducing Gold Trade Pro EA
Gold Trade Pro EA emerges as a breath of fresh air amidst the clutter of gold trading Expert Advisors (EAs) by delivering a genuine trading strategy. Unlike the commonplace Grid/Martingale systems masquerading as AI or neural network-powered solutions, this product steers clear of the risky trading styles, offering a stable and reliable approach instead.
When it comes to gold trading, the Market is saturated with EAs boasting impeccable backtests, only to eventually lead traders down the path of margin calls and total account wipeouts. Such a grim scenario is often the result of employing simplistic and risky Grid/Martingale systems that crumble under gold’s volatile nature. However, Gold Trade Pro EA is tailored to thrive amidst this volatility by employing a robust strategy founded on the breakouts of daily support and resistance levels.
Who is the author?
Wim Schrynemakers, an EA developer since 2005 living in Malta, is an experienced EA trader with many achievements. With the accumulated experience and early EA development, Wim Schrynemakers developed the system and set the criteria that his EA development must have strict risk control and management combined with stable and long-term profits.
With more than 30 products and 5000 sales on MQL5, it is affirmed that this developer’s system has been used and trusted by many people.
Gold Trade Pro EA is the top choice for users in trading XAUUSD (Gold)
- Developer Website: https://www.mql5.com/en/market/product/102746
Advantages of Gold Trade Pro EA
- Risk Management: Each trade includes predefined Take Profit (TP) and Stop Loss (SL) levels, with a trailing SL feature to minimize risks and maximize gains.
- Stable Growth: Incorporates 7 different strategies that work together to ensure a stable growth curve, avoiding the pitfalls of manipulated backtests.
- User-Friendly: Designed for easy setup on the MT4 platform, making it accessible even for beginners with a minimal starting balance.
Strategy Overview:
The essence of the strategy lies in capitalizing on daily support and resistance breakouts, a technique proven to be effective especially for a volatile pair like gold. With a predetermined Take Profit (TP) and Stop Loss (SL) for each trade, the EA also incorporates a trailing SL to further minimize risks and amplify profits when the price swings favorably. This holistic approach caters to both risk-aversion and profit-maximization, making it a balanced choice for traders.
Key Features:
- Seven Distinct Strategies: Gold Trade Pro EA hosts an array of seven interworking strategies, providing a diversified and synergistic trading experience.
- Tailored Risk Management: With settings to control the risk per trade, traders can start with a conservative 1% risk setting and adjust according to their comfort level.
- User-Friendly Setup: Setting up is a breeze. Open a gold chart on a daily timeframe, drag the EA onto the chart, and configure the lot size settings.
Gold Trade Pro EA Review:
Live Results
In my experience, Gold Trade Pro EA delivers on its promise of a real trading strategy without the high risks associated with Grid or Martingale systems. It’s been effective in achieving stable growth in a demo account, providing a solid foundation for beginners to start trading gold. While no trading system is without losses, the straightforward approach and risk management features of Gold Trade Pro EA make it a valuable tool for those new to forex trading.
- New Update Live Signal : https://www.mql5.com/en/signals/2084890
- Live Signal High Risk : https://www.mql5.com/en/signals/2242498
With high risk settings this EA still gives 52% profit in 6 weeks Algo trading 86% Profit trades 86,7% Loss trades 13,3% Trading activity 7,2% Max deposit 9,2% Maximum drawdown 12,4%
Growth since 2023 137% in 46 weeks Algo trading 97% Profit trades 62,3% Loss trades 37,7% Trading activity 12,7% Max deposit load 7,1% Maximum drawdown 28,5%
2% Risk per trader 6000% Growth in 3 year
Drawdown 17,70% Gain 388,69%
Trader Review
Positive feedback and reviews of Gold Trade Pro EA
Final Verdict:
Gold Trade Pro EA sets itself apart by offering a transparent and effective trading strategy without resorting to risky or misleading techniques. It’s a reliable companion for those venturing into the gold market, ensuring a stable growth curve without the fear of catastrophic losses that are all too common with other EAs in the Market. The easy setup, coupled with the ability to customize risk settings, makes it an attractive choice for both novice and seasoned traders.
Gold Trade Pro EA is not just a tool, but a comprehensive trading solution designed to navigate the tumultuous waters of gold trading, ensuring a smoother and more profitable journey.
Optimal Settings
For traders with a low balance (between $200-$400), it’s advisable to operate only strategies 2,4 and 7 due to their lower drawdowns. This tweak ensures a safer trading environment while still harnessing the EA’s potential.
View this link to understand how to use and install : https://www.mql5.com/en/market/product/102746
Set up settings correctly for the best results:
Trading Specifications:
Name | Appropriate |
---|---|
Platform | Meta Trader 4 (MT4) |
Recommended Pair | XAUUSD/GOLD |
Timeframe | Daily |
Minimum Balance | $200 |
VPS | Recommended for optimal performance |
Broker | Preferably one with low spread and slippage |
Preset | have Preset for Prop Firm |
Gold Trade Pro EA MT4 Download:
- Link download expert: Gold Trade Pro EA MT4 .ex4 (V3.3)
- 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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