Gann Gold EA V1.8 MT4

Introduction

Gann Gold EA V1.8 MT4 is an automated trading system built for MetaTrader 4 and mainly presented for gold trading on XAUUSD. Public references describe it as a gold-focused EA that uses Gann-style logic, price pattern analysis, and trend filtering to automate trade entries and exits. The current public product listing shows version 1.8 for MT4.

Key Features

• Designed mainly for XAUUSD (gold) trading.
• Built for MetaTrader 4.
• Uses trend filtering to improve trade selection.
• Described as using price patterns and Gann-based strategy logic.
• Can take both buy and sell trades.
• Uses a fixed stop loss and take profit structure.
• Marketed as No Martingale and No Grid.
• Can display entry, stop loss, and take profit levels on the chart.

Recommended Settings

Public references suggest the following general setup:

• Pair: XAUUSD
• Platform: MT4
• Timeframes: M15 or M30
• Trend filtering: Enabled
• Signal type: Both buy and sell
• Risk: Use conservative lot size
• Broker: Low spread and good execution preferred for gold
• VPS: Recommended for stable operation

Backtest Result

A public setup review describes the EA as showing good performance in trending gold market conditions, with trade structure based on fixed lot size and a defined stop loss / take profit model. The same review notes that performance depends heavily on market conditions, broker execution, and spread quality, especially for gold. I could not verify an official audited long-term backtest report from a primary source beyond seller-style materials, so any backtest claim should be treated cautiously and tested independently in MT4 Strategy Tester.

Advantages

• Focused specifically on gold trading
• Uses trend filtering for more selective entries
• Follows a structured rule-based approach
• Works on MetaTrader 4, which is easy to install and use
• Uses fixed trade management
• Avoids martingale and grid methods based on the public listing
• Suitable for traders who want automated gold trading with visual chart levels

Disadvantages

• Gold is a high-volatility instrument
• Performance can be affected by broker spread, slippage, and execution
• Exact internal source-code logic is not publicly available
• Public descriptions show some variation in the risk-reward setup, so settings should be checked carefully
• Still requires demo testing and monitoring before live use

Installation & Setup Guide

1. Download the EA file in .ex4 format.

2. Open MetaTrader 4.

3. Click File > Open Data Folder.

4. Go to MQL4 > Experts.

5. Copy the EA file into the Experts folder.

6. Restart MT4.

7. Open the XAUUSD chart.

8. Select M15 or M30 timeframe.

9. Find the EA in the Navigator panel under Expert Advisors.

10. Drag and drop it onto the chart.

11. Configure inputs such as lot size, stop loss, take profit, and trend filter.

12. Enable AutoTrading.

13. Test it on a demo account first before live trading.

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.