Description
<h3>Introduction</h3>
<p>Rich Gold EA V3.0 MT4 is an automated trading system developed for the MetaTrader 4 platform, specifically designed for trading gold (XAUUSD). The EA aims to analyze market movements and execute trades automatically based on predefined algorithmic logic. It focuses on disciplined risk management and consistent strategy application to help capture profitable opportunities in the gold market while minimizing emotional errors.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trading on MT4</li>
<li>Designed for XAUUSD (Gold) trading</li>
<li>Trend and momentum-based entry logic</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread and slippage filtering</li>
<li>Equity and drawdown protection options</li>
<li>Session-based trading control</li>
<li>VPS-ready for uninterrupted 24/5 operation</li>
<li>Customizable input parameters</li>
</ul>
<h3>Recommended Settings</h3>
<p>Recommended configuration may vary depending on broker conditions 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% of account balance due to gold volatility</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 test on a demo account before going live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically indicate:</p>
<ul>
<li>Good performance during trending gold market phases</li>
<li>Moderate drawdowns with conservative risk settings</li>
<li>Sensitivity to spread and slippage</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>Tailored specifically for gold trading</li>
<li>Fully automated execution</li>
<li>Reduces emotional trading mistakes</li>
<li>Structured risk management</li>
<li>Adjustable parameters for flexibility</li>
<li>Suitable for intraday or medium-term trading</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Highly sensitive to gold volatility</li>
<li>Drawdowns possible during sudden price spikes</li>
<li>Sensitive to spread and slippage</li>
<li>Requires occasional monitoring despite automation</li>
<li>VPS hosting may add extra cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Rich Gold EA V3.0 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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