Gold Auto Trading EA is an automated trading system designed specifically for trading gold. Since gold trading differs from forex trading due to various factors including market sentiment, economic drivers, and geopolitical influences.
According to its developer, the EA is built on a completely new algorithm that does not rely on common technical indicators or traditional price action patterns. It is claimed that the strategy was inspired by the Collatz conjecture, a well-known unsolved problem in mathematics, to analyze candle data points and create a distinct trading system. However, there is no clear proof or verification that the EA actually incorporates any advanced mathematical techniques. This could simply be a marketing statement rather than a confirmed feature.
Key Features of the Gold Trading EA
Gold Trading EA comes equipped with powerful features that provide safety, efficiency, and optimization for traders looking to automate gold trading.
- Automated Lot Sizing Based on Equity – One of the standout features of this EA is its auto lot function, which adjusts position sizes automatically based on account equity. This ensures responsible risk management, preventing over-leveraging and allowing traders to scale their trading strategy effectively.
- Secure Trading with Fixed Stop Loss – Every trade the EA places is secured with a fixed stop loss to protect the trading account from large drawdowns. This prevents excessive losses and ensures disciplined risk control, crucial in the volatile gold market.
- No Dangerous Trading Strategies – Many automated trading systems rely on high-risk tactics such as grid trading, martingale, or averaging down positions. These strategies often lead to significant losses when market conditions change unpredictably. However, this Gold Auto Trading EA does not use such dangerous methods, making it a safer choice for traders prioritizing capital preservation.
Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Gold Auto Trading Robot works, then only use it in a real account.
Recommendations for Gold Auto Trading EA
- Minimum account balance of 100$.
- EA is specially made to work on XAUUSD. (Work on any currency pair)
- It works best on H4. (Work on any TimeFrame)
- Gold Auto Trading EA should work on VPS continuously to reach stable results. So we recommend running this Gold Trading EA on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
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Conclusion
Gold Auto Trading EA presents itself as a unique solution for traders looking to automate gold trading. While the developer claims it is based on a new mathematical approach, there is no concrete evidence to verify this. The EA does include risk management features, which may appeal to traders who prefer a more controlled approach. However, as with any trading system, its actual performance and reliability can only be determined through real-world usage and thorough testing.
Hi Silencioso,
On the MQL5 portal, there is an EA called Gold Edge (https://www.mql5.com/en/market/product/59915). I’m currently researching to see if I can find it on free on ForexCracked. Can you help me?