📌 Introduction

Dragon Gold EA V2.00 is a fully automated Expert Advisor built exclusively for trading XAU/USD (Gold) on the MetaTrader 4 platform. Unlike generic forex robots, this EA is specifically optimized for gold's unique price behavior, operating on the M15 timeframe. The system integrates 19 proven trading strategies and strictly avoids dangerous approaches like grid, martingale, or doubling down – making it a safer choice for automated gold trading.

⚡ Key Features

✅ Gold-Optimized Trading – Exclusively designed for XAU/USD, capturing gold-specific price patterns
✅ 19-Strategy Integration – Multi-layered approach adapts to trending, ranging, and volatile markets
✅ Zero Dangerous Strategies – No grid, martingale, or multiplying methods that risk account blowouts
✅ Comprehensive Risk Management – Stop-loss, take-profit, spread filters, daily loss limits, and equity protection
✅ Flexible Money Management – Choose between Fixed Lot or Auto Lot (adjusts based on account balance)
✅ 24/7 Automated Trading – Continuous market monitoring without human intervention
✅ Holiday Trading Filter – Auto-stops during December 20 – January 10 to avoid unpredictable conditions
✅ Gap Protection – Prevents trading after price gaps, safeguarding against sudden jumps
✅ Spread Protection – Built-in filters block trades during abnormal spread widening
✅ Low Minimum Deposit – Works with accounts as small as $100
✅ MT4 Compatibility – Runs on the world's most popular trading platform
✅ Broker Agnostic – Functions on almost all brokers accepting XAU/USD

📊 Recommended Settings

Trading Symbol XAUUSD (Gold) Timeframe M15 (strictly optimized) Account Type ECN, Raw Spread, or Razor Minimum Deposit $100 (higher recommended for better risk management) Leverage 1:100 or higher VPS Highly recommended for 24/7 stability Money Management FixedLot or AutoLot (adjustable) StopLoss Adjustable per risk tolerance TakeProfit Adjustable per risk-reward preference MaximumSpread Set to avoid high spread conditions NewYearHolidayTrading Set to false (auto-stops Dec 20 – Jan 10) AutoTrading Must be enabled (green button in MT4)

✅ Advantages

✔ Emotion-free execution – Removes fear and greed from trading decisions
✔ Time-saving – No need to watch charts; the EA works 24/7
✔ High precision – Instant trade execution when conditions are met
✔ Multi-strategy adaptability – Performs across various market conditions
✔ Comprehensive safety nets – Multiple risk controls protect your capital
✔ No risky strategies – Avoids grid, martingale, and doubling down
✔ Accessible – Low $100 minimum deposit requirement
✔ Proven testing – Backtested on 2015-2024 historical data + live tested

❌ Disadvantages

✖ Market dependence – Performance varies based on gold market conditions
✖ Technology reliant – Requires stable internet and continuous MT4 operation
✖ Broker dependent – Execution speed, spreads, and slippage affect results
✖ No profit guarantees – No EA can promise consistent profits in all environments
✖ Over-optimization risk – Historical backtesting may not guarantee future results

Conclusion

The Dragon Gold EA V2.00 is a specialized, risk-conscious automated trading solution for gold enthusiasts. Its 19-strategy approach, strict avoidance of dangerous money management methods, and comprehensive risk protections make it a reliable choice for traders seeking to automate XAU/USD trading on MT4's M15 timeframe. While no EA guarantees profits, its thoughtful design, proven backtesting, and live verification position it as a trustworthy tool for both novice and experienced gold traders.

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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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.