
Type
EA
Platform
MT4
Version
4.10
Category
Expert Advisor type
Date
4/24/2026
Pricing
Free
Description
Introduction
Gold Rage EA V4.10 MT4 is an automated trading system designed for the MetaTrader 4 platform, primarily focused on gold (XAU/USD). It analyzes market conditions and executes trades automatically using a rule-based algorithm, aiming to capture short-term movements in volatile markets.
Key Features
- Fully automated trading system
- Optimized for gold (XAU/USD)
- Advanced indicator and price action strategy
- Built-in Stop Loss and Take Profit
- Supports scalping and intraday trading
- Customizable lot size and risk settings
- Fast trade execution
- Works on low timeframes (M5, M15)
- Backtesting and optimization support
Recommended Settings
- Timeframe: M5 or M15
- Instrument: XAU/USD (Gold)
- Risk Level: 1% to 3% per trade
- Lot Size: 0.01–0.05 or auto lot
- Broker Type: ECN or low spread broker
- VPS: Recommended for 24/7 operation
- Trading Sessions: London and New York sessions
Backtest Result
- Shows strong performance in volatile market conditions (depends on settings)
- Performs best on gold due to optimized strategy
- Drawdown varies based on risk configuration
- Higher accuracy during trending markets
- Live results may vary due to execution speed and spreads
Advantages
- Specialized for gold trading
- Eliminates emotional trading decisions
- Fast and accurate execution
- Consistent strategy application
- Suitable for beginners and experienced traders
- Supports continuous trading with VPS
Disadvantages
- High risk due to gold market volatility
- No guarantee of profits
- Performance depends on market conditions
- Requires stable internet or VPS
- Sensitive to broker spreads and execution
- Needs proper setup and monitoring
Installation & Setup Guide
- Download the EA file (.ex4 or .mq4)
- Open MetaTrader 4
- Go to File → Open Data Folder
- Navigate to MQL4 → Experts
- Paste the EA file into the Experts folder
- Restart the MT4 platform
- Drag and drop the EA onto the XAU/USD chart
- Enable AutoTrading
- Adjust settings (lot size, risk, etc.)
- Confirm the EA is active on the chart.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
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.
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