Description
<h3>Introduction</h3>
<p>XG Gold Robot EA V9.1 is an automated trading system developed for the MetaTrader 4 platform. It is specifically designed for trading gold (XAUUSD). The EA focuses on capturing medium-term price movements in gold while applying structured risk and trade management logic.</p>
<h3>Key Features</h3>
<ul>
<li>Designed primarily for XAUUSD (Gold)</li>
<li>Fully automated trading on MT4</li>
<li>Built-in Stop Loss and Take Profit</li>
<li>Money management options (fixed lot or risk-based)</li>
<li>Spread and slippage protection filters</li>
<li>Trade management functions such as trailing stop or break-even (if enabled)</li>
<li>Optimized for volatile market conditions</li>
</ul>
<h3>Recommended Settings</h3>
<ul>
<li>Platform: MetaTrader 4</li>
<li>Pair: XAUUSD</li>
<li>Timeframe: M15 or H1 (commonly used)</li>
<li>Broker: Low-spread broker with good gold execution</li>
<li>Leverage: 1:100 or higher</li>
<li>Minimum Deposit: $1000 or more (recommended for gold volatility)</li>
<li>Risk: Conservative lot sizing (1–2% per trade)</li>
<li>VPS: Recommended for uninterrupted execution</li>
</ul>
<h3>Backtest Result</h3>
<p>Promotional backtests generally show consistent growth on gold with moderate drawdown under optimized settings. Performance is sensitive to spread, broker conditions, and gold volatility. Since gold can experience sharp price swings, results can vary significantly in live trading. It is important to perform independent backtesting using MT4 Strategy Tester before live deployment.</p>
<h3>Advantages</h3>
<ul>
<li>Specialized for gold trading</li>
<li>Automated execution without manual intervention</li>
<li>Built-in risk management tools</li>
<li>Potential to benefit from gold volatility</li>
<li>Adjustable risk settings</li>
</ul>
<h3> Disadvantages</h3>
<ul>
<li>Gold is highly volatile, increasing risk exposure</li>
<li>Performance depends heavily on broker execution quality</li>
<li>Can experience drawdown during ranging or unpredictable market phases</li>
<li>Requires sufficient margin due to gold price movements</li>
</ul>
<h3>Installation & Setup Guide</h3>
<p>Step 1: Download the XG Gold Robot EA V9.1 (.ex4 file).<br>Step 2: Open MetaTrader 4.<br>Step 3: Go to File → Open Data Folder → MQL4 → Experts.<br>Step 4: Paste the .ex4 file into the Experts folder.<br>Step 5: Restart MT4.<br>Step 6: Enable AutoTrading (button must be green).<br>Step 7: Open an XAUUSD chart on the recommended timeframe (M15 or H1).<br>Step 8: Drag the EA from Navigator → Expert Advisors onto the chart.<br>Step 9: Adjust lot size, risk percentage, and spread settings as needed.<br>Step 10: Confirm the EA is active (smiley face visible on the chart).</p>
<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>
to write a review