GOLD TREND SCALPING EA V1.4 MT4

Gold Trend Scalping is Expert Advisor (EA) utilizes a trend-following strategy focused on higher time frames, work on MetaTrader 4 platform. It first identifies the primary trend on a larger time frame using a Super Trend indicator. Once the main trend is established, the EA opens trades on smaller time frames to capitalize on short-term price movements. Each trade is protected with a fixed stop loss of 100 pips, and the EA also employs a trailing stop to lock in profits as the market moves in the desired direction.

Key Takeaways:

• Gold Trend Scalping Expert Advisor (EA) uses a trend-following strategy on higher time frames to capitalize on short-term price movements in XAUUSD (Gold) on the M15 time frame.
• The EA employs a fixed stop loss of 100 pips and a trailing stop to lock in profits, without using Grid, Hedge, or multiple open trades.
• It is recommended to use a VPS for optimal performance, and the EA is suitable for any account type with a minimum deposit of $200, trading on the MetaTrader 4 platform.

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About The Author

This Expert Advisor is developed by Lo Thi Mai Loan, who brings over 2 years of experience in MQL5 to the table. He has worked on several notable products, including Bitcoin Scalping MT4, Diamond Titan FX MT4, US30 Scalper EA MT4, and the highly successful Gold Trend Scalping, which stands out as his top-performing creation.

Gold Trend Scalping Features

• Used on platform: Meta Trader 4.
• Curency pairs: XAUUSD (Gold).
• Time frame: M15.
• Minimum deposit: 200$.
• Built-in automatic lot sizing function.
• Each trade is protected by a Stop Loss.
• EA does not use Grid, Hedge, or multiple open trades.
• Minimum Deposit: Any (depending on your broker’s requirements).
• Account Type: Any; Live signal is using Standard Account, spread = 5-15 (2 digits).
• Expert Advisor trading automated 100%.
• he EA always uses a fixed stop loss for each trade, set at 100 pips.
• Recommend use VPS (Click see here).

How to install and run the Gold Trend Scalping Trading Bot in Metatrader 4?

• Open the Metatrader 4 platform
• From the top menu, click on “File”
• Now click on “Open Data Folder”
• Open the “MQL4” folder
• Open the “Experts” folder
• Copy the Gold Trend Scalping.ex4 file here
• Then close and restart the MT4 platform
• Attach the Expert Advisor to the chart

The package includes :

Expert :

Gold Trend Scalping.ex4

Indicators :

SuperTrend.ex4

Guide :

Manual

****Please note:

All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results.