GoldMiner Pro EA V5.61 MT4

Introduction

GoldMiner Pro EA V5.61 MT4 is an automated trading robot made for MetaTrader 4 traders who want a more disciplined, hands-free approach. It’s built to scan the market, enter trades based on its internal logic, and manage positions using preset risk rules—so you don’t have to watch charts all day.

Key Features

• Fully automated trade execution on MT4
• Built-in risk management options (fixed lot / auto lot)
• Works with Stop Loss + Take Profit (if enabled in settings)
• Filters for avoiding bad entries during unstable market phases
• Spread and slippage control (helps reduce messy entries)
• Trade management tools like trailing / breakeven (if available in your set file)

Recommended Settings

Best Timeframe: M15 or H1 (safer on H1)
Pairs: XAUUSD recommended (if broker offers stable gold spreads), otherwise major pairs with low spread
Lot Type:

• Small account: Fixed lot (example 0.01 per $100–$200)
• Bigger account: Auto lot (low risk % like 0.5%–1%)

Risk (important):

• Start with low risk (0.5%–1%)
• Max spread filter: keep tight (example 25–35 points on gold depending broker digits)
• Avoid running during major news if the EA doesn’t have a news filter

Backtest Result

• Period tested: 3–12 months (recommended)
• Win rate: Moderate to high (varies by pair + spread)
• Drawdown: Low–medium on conservative risk
• Profit factor: Usually improves when spread is low and risk is controlled
• Best performance: Stable sessions (London/NY overlap for gold)

Advantages

• Saves time (hands-free automated execution)
• Removes emotional trading
• Can be tuned for low-risk style
• Better consistency than manual overtrading (when settings are correct)

Disadvantages

• Performance depends heavily on broker spread + execution
• Wrong risk settings can blow drawdown quickly
• Not ideal during high-impact news spikes (unless it has strong filters)
• Needs testing on demo/VPS before real funds

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.