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Name: Gold Excel EA
Version: New Version V3.0
The Right Platform: MetaTrader 4 (MT4)
Developer: Gregory Hay
The Gold Excel EA is a trading tool created specifically for trading gold to keep up with the violent movements that occur with gold daily. The expert advisor is suitable for Propfirms Funded accounts and is compatible with the MT4 platform.
Gold Excel 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.
Growth since 2023 596% in 37 weeks Algo trading 99% Profit Trades 84% Loss Tradess 16% Trading Activity 0% Max deposit load 0,1% Maximum drawdow 32,3%
Growth since 2023 198% in 37 weeks Algo Trading 100% Profit Trades 83,5% Loss Trades 16,5% Trading Activity 1,5% Max deposit load 39,4% Maximum drawdow 21,2%
Gold Excel EA has successfully completed extensive long-term testing, yielding positive results. Backtested with a starting fund of $1000, the total profit realized was $1200 over 12 months, with a risk level remarkably low at just 2.18%. These results indicate promising prospects for trading with Prop firms.
Key Statistics:
Name | Fit |
---|---|
Trading Software | MetaTrader 4 (MT4) |
Minimum Investment | $50 |
Applicable Time Frame | M5 |
Related Currency Pairs | XAUUSD / GOLD |
Type of Product | NoDLL / Fix |
Premium Functionality | PropFirms trading |
How to install Gold Excel 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 Excel EA is a trading tool that is suitable for funded accounts by Propfirms as it is specially designed for trading gold with appropriate risk management for such accounts. The expert was tested for 9 consecutive months and achieved great results.
Disclaimer: The backtesting results provided do not guarantee the same performance when using the Expert Advisor on your live account. Performance may vary due to factors such as market conditions, spreads, and slippage. It is highly recommended to first run the Expert Advisor on a demo account for a sufficient period to test its performance and ensure it aligns with your trading strategy and goals.