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About This EA
Overview :
GoldHammer EA V2.60 MT4 is an automated trading Expert Advisor designed specifically for gold trading (XAUUSD) on the MetaTrader 4 platform. The EA focuses on structured market behavior and disciplined execution rather than aggressive or random trading. It is built for traders who want automation with controlled exposure in the highly volatile gold market, helping reduce emotional decisions and maintain consistency.
Key Features :
• Fully automated trading system for XAUUSD
• Developed exclusively for the MetaTrader 4 (MT4) platform
• Focuses on structured gold price movements
• Built-in risk and money management logic
• Filters low-quality market conditions to avoid overtrading
• Designed for stable execution under normal volatility
• Minimal manual monitoring required after setup
Strategies :
• Uses market structure and trend alignment for trade entries
• Trades only when predefined conditions are met
• Avoids random entries during unstable or choppy phases
• Focuses on quality setups instead of frequent trades
Recommended Settings :
• Symbol: XAUUSD (Gold)
• Timeframe: M15 or M30
• Risk per trade: 1% to 2% of account balance
• Minimum balance: Recommended $300 or higher
• Account type: ECN or low-spread accounts preferred
• Leverage: 1:100 or above
• VPS: Recommended for stable execution
Advantage :
• Designed specifically for gold market behavior
• Automated execution reduces emotional trading mistakes
• Clear and structured trading logic
• Easy installation and operation on MT4
Disadvantage :
• Performance depends on broker spread and execution speed
• Not suitable for high-impact news trading
• Requires patience during low-volatility periods
Conclusion :
GoldHammer EA V2.60 MT4 is a disciplined automated trading solution for traders focused on gold trading through MetaTrader 4. When used with proper settings and realistic expectations, it can act as a reliable trading assistant rather than a high-risk system. Consistent risk management and suitable broker conditions remain essential for long-term use.
Installation Guide :
• Download the GoldHammer EA V2.60 MT4 file
• Open MetaTrader 4 and go to File → Open Data Folder
• Copy the EA file into the MQL4 → Experts folder
• Restart MetaTrader 4
• Attach the EA to an XAUUSD chart
• Enable AutoTrading and allow required permissions
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
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Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
Risk Warning
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