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About This EA
Introduction
Preciuos Gold Digger EA V1.15 MT4 is an automated trading system developed specifically for trading gold (XAUUSD) on the MetaTrader 4 platform. It is designed to execute trades based on predefined, rule-based logic that aims to reduce emotional decision-making and maintain consistency in volatile gold market conditions.
Key Features
- Fully automated trading for XAUUSD
- Gold-specific trading logic optimized for volatility
- Non-martingale and non-hedging approach
- Built-in risk management with Stop Loss and Take Profit
- Customizable lot size and risk parameters
- Compatible with most MT4 brokers
Recommended Settings
- Use the EA on the XAUUSD (Gold) symbol only.
- Operate on the timeframe recommended by the developer, commonly M15 or H1.
- Apply low to moderate risk per trade to control drawdown.
- Use fixed or auto lot size based on account balance and risk tolerance.
- Trade with a low-spread broker suitable for gold trading.
- Run the EA on a VPS for uninterrupted operation.
Backtest Results
- Backtests show controlled trade frequency under stable market conditions.
- Drawdowns remain manageable when conservative risk settings are used.
- The EA avoids excessive trade stacking or recovery trading behavior.
- Results demonstrate consistency rather than aggressive growth patterns.
- Backtest performance should be considered indicative only and not a guarantee of future results.
Advantages
- Fully automated trading reduces emotional decision-making.
- Optimized specifically for gold (XAUUSD) market behavior.
- Uses structured and rule-based trade execution.
- Built-in risk management with predefined exit levels.
- Suitable for traders with limited time to monitor charts.
Disadvantages
- Requires proper configuration for optimal performance.
- Not suitable for traders seeking high-risk or fast-profit strategies.
- Performance can be affected by high spreads or poor execution.
- Requires stable internet or VPS for continuous operation.
Installation & Setup Guide
- Download the EA file in .ex4 or .mq4 format.
- Open MetaTrader 4 and access File, then Open Data Folder.
- Navigate to the MQL4 folder and open the Experts directory.
- Paste the EA file into the Experts folder.
- Restart MetaTrader 4 to load the EA.
- Open an XAUUSD chart on the recommended timeframe.
- Attach the EA to the chart from the Navigator panel.
- Enable AutoTrading and configure risk settings carefully.
- Verify successful initialization in the Experts and Journal tabs.
- Test the EA on a demo account before live deployment.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
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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