Gold Trade Pro EA 1420+ Free Download

The Gold Trade Pro EA MQ4 is a robust trading tool tailored for MetaTrader 4 (MT4). This expert advisor offers traders the unique advantage of accessing its source code, which enables extensive customization and adaptability. Specifically designed for trading gold (XAUUSD), the Gold Trade Pro EA aids users in analyzing market conditions and executing trades efficiently within the MT4 platform.

What is Gold Trade Pro EA?

The Gold Trade Pro EA uses a straightforward strategy based on daily breakouts of support and resistance levels, ideal for the volatile Gold (XAUUSD) pair. It features fixed Take Profit (TP) and Stop Loss (SL) values, plus a trailing Stop Loss to manage risk and maximize profit. With seven integrated strategies, it aims for steady growth with occasional losses. Designed for MetaTrader 4, it works on the XAUUSD/GOLD pair using the D1 timeframe and requires a minimum balance of $200. Setup is easy: attach the EA to a daily Gold chart, configure the lot size, and manage risk per trade, starting with a recommended 1%.

Key Features

Market Analysis: Uses technical indicators and price action to evaluate the gold market.
Trading Strategy: Implements a specific strategy, which may include scalping or trend following, based on the EA’s design.
Risk Management Tools: Features adjustable stop-loss, take-profit, and trailing stop to manage risk effectively.
Customizability: Provides settings for users to adjust according to their trading preferences and risk tolerance.
Backtesting Capability: Enables users to test the EA on historical data to assess its potential performance.

Gold Trade Pro EA Settings/Features

Platform: MetaTrader 4
Currency Pairs: XAUUSD/GOLD
Time Frame: D1
Minimum Balance: $200
Setup: Easy to set up—open a daily gold chart, drag the EA onto the chart, and configure the lot size.
Risk Management: Start with 1% risk per trade and adjust as comfortable.
Recommendation: Use a VPS for optimal performance.