The Power of Gold MT4 v1.0 + Presets (Platform build 1430+)

What is The Power of Gold MT4?

The Power of Gold EA is a comprehensive trading system designed to automate Gold trading strategies on the MetaTrader 4 (MT4) platform. The Expert Advisor (EA) offers a wide range of customizable parameters to suit different trading styles and risk tolerances and helps users master the Gold market.

• Vender website

The Power of Gold MT4 Features

The Power of Gold is professionally built to master the Gold market and integrates many professional trading features:

1. Robust News Filter:

• • Avoid trading during high-impact news events to minimize risk.
  • Customize news importance levels and set trading halts before and after news releases.

2. Flexible Position Management:

• • Implement sophisticated position sizing strategies, including Martingale and fixed lot sizes.
  • Manage risk with customizable Stop-loss (SL) and Take-profit (TP) levels.
  • Employ advanced trailing stop techniques to protect profits.

3. Intelligent Grid Trading:

• • Execute multiple orders at predefined price levels to capitalize on market volatility.
  • Adjust Grid parameters to suit different market conditions and risk tolerances.

4. Drawdown Reduction Strategies:

• • Implement partial closing techniques to limit potential losses.
  • Set minimum profit targets and loss thresholds for partial closures.

Why use The Power of Gold MT4?

• Improve trading accuracy: Make informed decisions based on real-time market data and historical analysis.
• Optimize risk management: Implement robust risk management strategies to protect capital.
• Maximize profit potential: Take advantage of market trends and volatility with advanced trading techniques.
• Simplify trading processes: Automate trading operations and reduce manual intervention.

The Power of Gold MT4 Review

1. The Power of Gold MT4 live results:

The Power of Gold EA’s Real Account trading results have been impressive for 18 weeks of continuous trading. The starting capital was $500 and the total profit was 497% and the risk level was maintained at a stable Drawdown: 54.6%.

The Power of Gold MT4 live results

The Power of Gold MT4 results

2. The Power of Gold MT4 backtest:

The Power of Gold MT4 backtest trading performance is impressive when trading Gold. The advisor has proven its trading ability, achieved efficiency with different numbers and maintained stability and safety for 7 months of continuous trading.

• Test capital $500, total profit reached $4,765.34 and risk level was maintained safely Maximal drawdown: 28.15%.
• Test capital $1,000, total profit reached $4,765.34 and risk level was maintained safely Maximal drawdown: 24.63%.

The Power of Gold EA backtest

The Power of Gold MT4 backtest

How to Install The Power of Gold EA?

The recommended expert advisor settings by the developer include:

1. Trading platform:

• MetaTrader 4 (MT4): This is a popular trading platform used by many traders. It offers a wide range of features, including charting tools, technical indicators, and automated trading systems.

2. Timeframe:

• M30: This is a 30-minute timeframe. This is a good choice for short-term trading strategies.
• H1: This is a 1-hour timeframe. This is a good choice for medium-term trading strategies.

3. Currency pair:

• XAUUSD (Gold): This is a currency pair for trading gold. It represents the price of gold in US dollars.

4. Recommended minimum deposit:

• Minimum Deposit: $500. This is the minimum amount you need to deposit to start trading with this strategy.
• Recommended Deposit: $1,000. This is the recommended amount to deposit for a comfortable trading experience and the best performance.

5. Recommended leverage:

• Minimum/Recommended Leverage: 1:500. Leverage is a tool that allows users to trade with larger amounts of money than they actually have in their account.

6. Broker support:

• Any: This strategy can be used with any broker that supports MT4.

7. Setup files:

• Available: Setup files are available to help users get started with this strategy. These files may include indicators, templates, and other tools that have been effective in the past.

Latest product download package includes

The download package includes the official version of the advisor:

• Experts: The Power of Gold MT4 v1.0.ex4
• Indicators: LP_entry.ex4
• Presets:
  • Guide.png
  • URL.txt
  • The Power of Gold_MM1.6.set

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About the Author

This product is compiled by Sugianto. This author has more than +9 years of experience working on MQL5 with many famous products such as The Power of Gold MT4, SouthEast and other products. Among them, The Power of Gold EA is his best performing product in 9 years.

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Conclusion

In short, The Power of Gold is a professional advisor, leveraging the power of automation and advanced trading strategies, the advisor aims to provide traders with a reliable and profitable tool to navigate the dynamic gold market.

>>> Reviewed by Jason Stap