What is Gold Excel EA?
The Gold Excel EA is an Expert Advisor designed for the MetaTrader 4 platform, leveraging price action strategies specifically for the Gold Pair. It operates by placing orders twice daily, each protected with a strict $5 stop loss. Unique to this EA is a customizable recovery feature set to 3.0, which automatically increases the lot size the following day after a loss, providing an option for users to enable or disable this function as desired. Additionally, this EA is fully compliant with prop firm trading rules.
Vendor website: https://www.mql5.com/en/market/product/111974
Original price: $699
Forex EAs Mall price: $21 (you save 95%)
Highlighted Features:
- Introducing the Gold Excel EA, a sophisticated Expert Advisor crafted for the MetaTrader 4 platform that specializes in trading the XAUUSD (Gold) pair. With a minimum deposit requirement of just $50, this EA places trades twice daily and incorporates a robust $5 stop loss to safeguard your investments.
- What sets the Gold Excel EA apart is its optional recovery feature, set at a 3.0 multiplier, which increases the lot size the following day after a loss, allowing for strategic recovery. Designed to work with brokers offering gold spreads of 10-15 cents or lower, it’s also fully compatible with funded prop accounts and prop trading challenges. For optimal performance, a VPS is recommended to ensure seamless execution.
Gold Excel EA Setting / Feature
- Used on platform: MetaTrader 4
- Currency pairs: XAUUSD (Gold).
- Time frame: M5.
- Minimum deposit: 50$.
- EA uses orders on a twice per day basis using only the Gold Pair.
- Support any decent broker with gold spread around or under 10-15 cents.
- Does not use HFT.
- EA support funded prop accounts and prop challenges.
- Using a hard stop loss of $5 movement in Gold, both trades are protected each day.
- It uses a recovery function of 3.0 that will increase the lot next day if the prior day was loss.
Gold Excel EA Review
Expert Advisor on GlobalMarketsGroup account 1:100 profit: 724% in 40 weeks
Maximum drawdown: 32.3%
Max deposit load: 0.1%
Trading activity: 0%
Loss Trades: 16.1%
Profit Trades: 83.9%
Algo trading: 99%
Signal EA link: Click to view
How to install and run the Gold Excel EA Trading Bot in Metatrader 4?
- Download the EA File
- Ensure you have the EA file, usually with a .ex4 or .mq4 extension, and any related files (such as .set for settings).
- Install the EA
- Open MetaTrader 4: Launch the MetaTrader 4 application.
- Access the Data Folder: Go to File > Open Data Folder. This will open a file explorer window.
- Navigate to the Experts Folder: In the data folder, navigate to MQL4 > Experts.
- Copy the EA File: Copy the EA file (e.g., GoldExcelEA.ex4 or GoldExcelEA.mq4) and paste it into the Experts folder.
- Restart MetaTrader 4
- Close MetaTrader 4 and reopen it to refresh the list of available EAs.
- Attach the EA to a Chart
- Open a Chart: In MetaTrader 4, open a chart of the asset you want the EA to trade (e.g., Gold).
- Open the Navigator Window: Press Ctrl + N or go to View > Navigator.
- Find the EA: In the Navigator window, find the Expert Advisors section and locate the Gold Excel EA (or the name of your EA).
- Attach the EA: Drag and drop the EA onto the chart. A settings window will appear.
- Configure the EA Settings
- Adjust Parameters: Configure the EA settings as needed. This might include adjusting trading parameters, risk settings, and other preferences.
- Enable Auto-Trading: Ensure the “AutoTrading” button on the top toolbar is enabled (green). This allows the EA to execute trades automatically.
- Check and Confirm
- Verify Operation: Ensure that the EA is running by checking the upper right corner of the chart for the EA’s name and that it is in “Enabled” mode.
- Monitor Performance: Observe how the EA operates and ensure it functions as expected.
- If the EA requires additional configuration or external files (like .set files for settings), make sure to follow any specific instructions provided with the EA.
Feel free to ask if you need further assistance or details!
If you encounter any problems or need detailed instructions, please refer to the documentation provided with the Gold Excel EA or contact us directly for the fastest support.
Gold Excel EA Download
Link download Gold Excel EA v3.0 MT4 Without DLL SetFiles will be sent to your email after purchase.
+ Expert :
- Gold Excel v3.0.ex4
- Unlimited / NoDLL / Build 1421+
- Free 1 Year Updates
Payment
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Memo: Your email + EA name
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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The product download link will be sent to your email ASAP. No physical products will be sent to your home.
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- The download link will be sent to your email within 5 minutes after the order is confirmed.
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