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Golden Shine MT4 works to enhance trading on gold by placing orders at highs and lows in a specific time period as it exploits the strong momentum that occurs on gold and works efficiently on the 30-minute frame as well and is also capable of trading on prop firms’ challenges account.
Golden Shine 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.
One of the advantages of Golden Shine MT4 is that it works on gold and enters scalping and fast trades and is careful to enter a suitable lot to manage risks and stop loss of 8 points as well and suitable for Prop firm challenges.
Name | Fit |
---|---|
Trading Platform | Meta Trader 4 (MT4) |
Currency Pairs | XAUUSD (Gold) |
Timeframe | M30 |
Leverage | 1:500 |
Type of account | PRO, ECN, RAW, Hedging. |
Minimum/Recommended Deposit | 100$/1000$ |
Setup Files | Available |
Product Type | NoDLL / Unlimited / Fix |
How to install Golden Shine MT4
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
Golden Shine MT4 is one of the reliable tools in the Forex market as it works on an innovative strategy designed specifically for trading gold and has great results also through the backtest.
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.