INTRODUCTION

Bonnitta Gold EA V1.33 is an Expert Advisor for MetaTrader 4 designed for automated trading on XAU/USD (Gold). It operates on the M15 timeframe and uses a proprietary Bonnitta Trading Indicator combined with trendline analysis, support and resistance levels, and a secretive trading algorithm. The system is positioned as an aggressive high-leverage tool rather than a conservative strategy.

Key Features

Specialized for XAU/USD on MT4
Proprietary Bonnitta Trading Indicator
Integration of trendlines and support/resistance levels
News filter and Auto GMT support
Ability to manage a high number of simultaneous positions
Fully automated trade execution and management

Recommended Settings

Pair: XAU/USD
Timeframe: M15
Leverage: 1:400 or higher (commonly tested at 1:500)
Use conservative lot sizing relative to account balance
Enable news filter and Auto GMT where available
Start with any supplied low-risk presets if included
Always test thoroughly on a demo account before considering live use
Run on a stable VPS for continuous operation

Advantages

Removes the need for constant chart monitoring on gold
Executes trades according to fixed algorithmic rules
Includes practical filters for news and time zone alignment
Supports multi-position handling suitable for volatile gold conditions
Free demo version is typically available for evaluation

Disadvantages

Aggressive risk profile requiring high leverage
Potential for significant drawdowns during adverse market moves
Proprietary logic limits full transparency of decision-making
Performance is highly sensitive to broker spreads, slippage, and execution quality
Not suitable for low-risk or beginner traders
Backtesting reliability may be limited due to the nature of the algorithm

Conclusion

Bonnitta Gold EA V1.33 MT4 is a specialized aggressive automated system for XAU/USD on the M15 timeframe. It suits experienced traders who accept high leverage and the associated risks of multi-position gold trading. Thorough demo testing, proper capital management, and a reliable broker/VPS setup are essential before any live deployment.

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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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.