Gold Catcher EA v2.0 MT4: Strike Gold with Precision Trading – Original Version (1430+) add Setfies

Introducing The Expert Gold Catcher EA

Name: Gold Catcher
Version : V2.0 new update
The Right Platform: MetaTrader 4 (MT4)

What is Gold Catcher EA?

Gold Catcher EA is an automated system designed specifically for trading gold and seizing the opportunities that occur daily in gold. It works on the MT4 platform, as the expert works efficiently based on a set of indicators that evaluate the strength of the market in different conditions, and based on that, it opens and closes the trades.

Primary Features

• The expert works 100% automatically and does not require any manual intervention.
• Gold Catcher EA adapts to high volatility in gold as it uses a combination of indicators to measure market strength and determine the appropriate entry area.
• The expert can be modified to suit the trader’s strategy as it uses the Martingale strategy to increase the lot size after losses.

Advantages

• Gold Catcher EA works on managing risks appropriate to the account as it opens the appropriate lot for each trade based on the account capital
• There is a maximum limit for open orders so as not to conflict with risk management
• The expert works on managing risks but does not use a stop loss because it works with the Martingale strategy which open more trades when losing and closes all orders when reaching the desired target

Disadvantage

• One of the disadvantages is the total dependence on the market. The expert depends greatly on the conditions and movements of the market, and in cases of unexpected fluctuations, the results may be completely unpredictable. Also, the expert has been programmed in advance on certain conditions, so if these conditions are met, it will completely ignore important economic news and events.

Who Should Gold Catcher EA

Gold Catcher EA MT4 is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.

Performance of Gold Catcher EA MT4

Performance Verified by Myfxbook

• Myfxbook: Access now

Gold Catcher EA Backtest Outcomes

The test outcomes for Gold Catcher EA indicate vast profit opportunities ahead. The EA not only performs admirably with GOLD but also shows that currency pairs can reach the anticipated performance.

Best Performance Configuration

What do you get After Downloading?

• Experts: Gold Catcher EA V2.0_fix_1420+.ex4
• Indicators: FFCal.ex4
• Presets
  • Gold Catcher M30.set
  • GBPUSD_$1000_H1_High Risk.set
  • GBPUSD_$1000_H1_Medium Risk.set
  • GBPUSD_$1000_M30_Low Risk.set
  • GBPUSD_$2000_M30_High Risk.set
  • GBPUSD_$2000_M30_Low Risk.set
  • GBPUSD_$2000_M30_Medium Risk.set
  • GBPUSD_$5000_M30_High Risk.set
  • GBPUSD_$5000_M30_Low Risk.set
  • GBPUSD_$5000_M30_Medium Risk.set
  • GBPUSD_$10000_M30.set

How to install Gold Catcher EA

1 – Download the Expert

Download the Expert file from the email sent to you

How to Extract a File from Winrar

First, if you don’t have Winrar here is the download link, download and install

https://www.win-rar.com/download.html?&L=0

Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder.

2 – Add the Expert to the platform

• Open the trading platform and choose File –> Open data folder
• Then go to the MQL4 folder –> Experts

(if the expert works on MT5 then you will choose MQL5 instead)

• Put the Expert file in this folder
• restart the platform

3 – Run the Expert

• Choose the appropriate pair for the Expert and then drag the Expert from the navigator window and place it on the chart (or simply Double click on it)
• Make sure that auto trading is activated in the platform and the Expert as well

Conclusion

Gold Catcher EA works on managing the risks appropriate to the account capital as it uses the Martingale strategy that enhances the trades and increases the lot size to compensate for the losing trades. The expert has proven to perform wonderfully when tested for several consecutive months.