Description
<h3>Introduction</h3>
<p>Gold Angel EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform, primarily designed for trading gold (XAUUSD). The EA aims to identify structured trading opportunities in the gold market using predefined algorithmic logic. It focuses on disciplined execution, controlled risk management, and consistent strategy application while minimizing emotional trading decisions.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trading system</li>
<li>Optimized for XAUUSD (Gold)</li>
<li>Trend and momentum-based trading logic</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread filtering mechanism</li>
<li>Equity and drawdown protection options</li>
<li>Session-based trading control</li>
<li>VPS-compatible for stable 24/5 operation</li>
<li>Customizable input parameters</li>
</ul>
<h3>Recommended Settings</h3>
<p>Recommended configuration may vary depending on broker and account size, but general guidelines include:</p>
<ul>
<li>Symbol: XAUUSD</li>
<li>Timeframe: M15 or H1</li>
<li>Risk Per Trade: 0.5%–1.5% (gold is volatile)</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Max Spread: Use a low-spread gold broker</li>
<li>VPS: Strongly recommended for stable execution</li>
</ul>
<p>Always forward test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically show:</p>
<ul>
<li>Better performance during trending gold market phases</li>
<li>Moderate drawdown under conservative risk settings</li>
<li>Sensitivity to spread and volatility spikes</li>
<li>Reduced efficiency during tight consolidation periods</li>
</ul>
<p>Actual results depend on broker execution and market conditions.</p>
<h3>Advantages</h3>
<ul>
<li>Specialized for gold trading</li>
<li>Fully automated execution</li>
<li>Reduces emotional decision-making</li>
<li>Structured risk management</li>
<li>Adjustable parameters for flexibility</li>
<li>Suitable for intraday or medium-term trading</li>
<li>Time-efficient for busy traders</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Highly sensitive to gold volatility</li>
<li>Drawdowns are possible during sudden price spikes</li>
<li>Sensitive to spread and slippage</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Gold Angel EA V1.0 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL4 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT4.</p>
</li>
<li>
<p>Enable AutoTrading from the toolbar.</p>
</li>
<li>
<p>Open XAUUSD chart and select the recommended timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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