Introduction

Forex GOLD Investor EA V1.99 MT4 is an automated trading system developed specifically for trading gold (XAUUSD) on the MetaTrader 4 platform. It is designed to analyze trend direction, momentum strength, and volatility conditions before executing trades automatically. The system aims to remove emotional trading decisions and provide structured risk management while participating in gold’s high-volatility market environment.

Key Features

Gold-Optimized Strategy
Specifically tailored for XAUUSD behavior rather than multiple currency pairs.
Fully Automated Execution
Automatically opens, manages, and closes trades based on predefined algorithmic rules.
Built-In Stop Loss and Take Profit
Each trade includes predefined protective levels.
Adjustable Risk Management
Supports fixed lot size or percentage-based risk per trade.
Equity Protection
Includes maximum drawdown and equity stop settings to safeguard capital.
Trade Management Controls
May include breakeven and trailing stop functionality.
MT4 Compatibility
Designed exclusively for MetaTrader 4 with support for backtesting and VPS hosting.

Recommended Conservative Settings

For safer operation:

Risk per trade: 1–2% of account balance
Lot size: 0.01 per $1,000 (general conservative guideline)
Maximum open trades: 1–2
Equity stop: 20–30%
Moderate stop loss and take profit ratio
Leverage: 1:100 or lower

Conservative settings help manage gold’s volatility and reduce drawdown risk.

Backtest Result

Backtest performance depends on:

Market conditions
Broker spread and execution
Timeframe selection
Risk configuration

In trending gold markets, historical testing may show steady growth with controlled drawdowns when conservative risk settings are applied. During sideways or high-impact news periods, drawdowns may increase. Independent backtesting on MT4 Strategy Tester is recommended before live trading.

Advantages

Specialized for Gold Trading
Optimized for XAUUSD volatility and momentum behavior.
Eliminates Emotional Trading
Executes trades mechanically based on rules.
Structured Risk Control
Includes stop loss and equity protection features.
Time Efficient
Reduces need for constant monitoring.
Consistent Strategy Application
Applies identical logic on every trade.

Disadvantages

High Volatility Risk
Gold price spikes can increase drawdown quickly.
Market Condition Sensitivity
Performance may vary between trending and ranging markets.
Broker Dependency
Spread widening and slippage impact results.
Not Risk-Free
Losing streaks and temporary drawdowns are inevitable.

Installation & Setup Guide

Step 1: Download the EA file (.ex4 or .mq4).
Step 2: Open MetaTrader 4 and click File → Open Data Folder.
Step 3: Navigate to MQL4 → Experts.
Step 4: Paste the EA file into the Experts folder.
Step 5: Restart MetaTrader 4.
Step 6: Open XAUUSD chart on recommended timeframe (M15 or H1).
Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.
Step 8: Adjust input settings according to your risk tolerance.
Step 9: Enable AutoTrading.
Step 10: Test on demo before using on a live account.

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.