Gold Trading AI MT4 EA V1.4

Gold Trading AI MT4 EA

Introduction

The Gold Trading AI is a state-of-the-art expert advisor (EA) for MetaTrader 4 (MT4), designed by Ho Tuan Thang. This automated trading system uses cutting-edge artificial intelligence (AI) to analyze various market indicators and make precise trading decisions, particularly on XAUUSD (GOLD).

What sets Gold Trading AI apart from other EAs is its ability to manage the risk ratio effectively, utilizing advanced entry point control and open order management systems. Available on CheaperForex.com, this EA is designed to offer a balanced approach to profitability with built-in safety mechanisms to protect your account.

Gold Trading AI MT4 EA Description of Gold Trading AI

The Gold Trading AI leverages AI technology to scan, analyze, and process large amounts of market data from a variety of technical indicators. It is engineered to select the best possible entry points while safeguarding against risky trades. One of the most significant aspects of this EA is its focus on controlling the risk ratio, ensuring a better balance than many other trading systems in the market.

The AI-powered EA uses stop-loss protection on all trades and avoids dangerous trading methods such as Martingale and Grid strategies. With this in mind, the EA is tailored for traders who want to minimize risk while maintaining consistent returns.

The EA works fully automatically on XAUUSD (GOLD) and has been optimized for live trading on a wide range of brokers. It has been back-tested for stability from 2003 to 2024, using every tick based on real tick data in MT4, ensuring highly reliable performance.

Gold Trading AI MT4 EA Trading Specifications

For optimal performance, the following settings are recommended:

• Symbol: XAUUSD (GOLD)
• Timeframe: H1 (Although the EA can work across all timeframes, H1 is recommended for optimal data processing)
• Test Period: 2003 to 2024, based on real ticks
• Settings: Default (Highly optimized, easy to use)
• Brokers: Any
• Minimum Deposit: $200
• Recommended Deposit: $500 (For drawdown <10%)
• Risk Management: Stop-loss protection for all trades
• No Martingale, No Grid Trading: Only single trades are made per signal

This EA was developed with a focus on maximizing safety, and thus, no Martingale or Grid strategies are used. Instead, each trade is executed with a Stop Loss to ensure your account is protected from sudden market reversals or unexpected gaps.

Gold Trading AI MT4 EA Inputs and Settings

The Gold Trading AI offers a variety of customizable inputs, allowing traders to fine-tune the EA according to their risk tolerance and preferences. Based on the provided input settings:

1. Lot Size:
   • The default initial lot size is set to 0.01, allowing for low-risk entries suitable for smaller accounts.
2. AI Recovery Mode:
   • This mode helps recover from drawdowns by adjusting trading strategies based on market conditions, ensuring that losses are minimized and trades recover efficiently.
3. Smart Time Filters:
   • A key feature of Gold Trading AI is its Smart Time Filter, which pauses trading during high-volatility periods, such as significant market news releases, to avoid risky trades.
4. Customizable Colors and Fonts for Charts:
   • The EA provides traders with the ability to customize their trading charts, including font colors, background colors, and font size, ensuring a user-friendly interface.
5. News Management Settings:
   • The EA is equipped with a News Filter to prevent trading during high-impact news events, which are known to cause erratic market behavior. This filter automatically pauses trading before and after major news events, such as those marked by high impact on the Economic Calendar.
6. Symbol List and News Impact:
   • Gold Trading AI allows traders to customize a symbol list, in addition to specifying the type of news events (high, medium, or low impact) that should trigger the news filter.

These input settings ensure that Gold Trading AI can be adapted to various market conditions and individual trading strategies, offering flexibility while maintaining strong risk management protocols.