Gold Special EA MT4 v2.0 + SetFiles (Official version 1441+)

What is Gold Special EA MT4?

Gold Special EA is a high-performance, fully automated Expert Advisor (EA) developed exclusively for trading XAUUSD (Gold) on the MetaTrader 4 (MT4) platform. Engineered for flexibility and precision, this intelligent forex robot adapts to changing market conditions with three advanced trading modes—Flat, Trend, and Both—allowing traders to customize strategies based on their risk tolerance and market outlook. Equipped with daily profit targets, dynamic lot sizing, and smart trailing stop features, Gold Special EA offers a robust solution for maximizing gold trading profits while maintaining effective risk control. Whether you’re trading during consolidation or capitalizing on strong trends, this EA delivers consistent performance and professional-grade automation for serious gold traders.

Key Features of Gold Special EA

🔺 Multi-Mode Trading Logic:

• Three trading modes: Flat (Low Risk), Trend (Medium Risk), Both (High Risk)
• Adapts to market conditions and trader profiles

🔺 Gold-Focused Strategy:

• Exclusively optimized for XAUUSD
• Built for gold’s volatility and liquidity

🔺 Dynamic Lot Sizing Based on Equity:

• Automatically calculates lot size using 2% equity rule
• Promotes strong money management practices

🔺 Time-Restricted Trading Window:

• Trades only from 6 AM to 7 PM server time
• Avoids overnight volatility and high-impact news events

🔺 Advanced Trailing Stop Mechanism:

• Customizable trailing stop settings
• Protects profits without manual interference

Why choose Gold Special EA MT4?

• Professional-Grade Automation: Combines scalping, grid, and trend strategies

• Reliable Risk Control: Equity-based lot sizing and daily profit targets

• Adaptable to All Sessions: Tailored for Asian, London, and New York market activity

• Beginner-Friendly Setup: Includes presets for low, medium, and high risk

• Emotion-Free Trading: Automated logic reduces psychological mistakes

Gold Special EA MT4 Review

Backtested Performance of Gold Special EA
🔺Backtest:

• Test Period: July 10 – Sept 24, 2024
• Initial Deposit: $500
• Net Profit: $359.73
• Max Drawdown: 39.08%
• Win Rate: 74.41%

Gold Special EA Backtest Trading Results

🔺Backtest:

• Initial Deposit: $1,000
• Net Profit: $871.71
• Max Drawdown: 38.85%
• Win Rate: 74.81%

Gold Special EA Backtests Results

🔺Backtest:

• Initial Deposit: $2,000
• Net Profit: $808.10
• Max Drawdown: 23.37%
• Win Rate: 73.67%

Gold Special EA Backtest Results

What’s Included in the Gold Special EA Download Package?

🔺Expert Files:

• Gold Special EA v2.0_fix.ex4

🔺Templates:

• GOLDEN SCEPTER V.1.tpl

🔺Presets (Risk Profiles):

• Gold_Low Risk.set
• Gold_Medium Risk.set
• Gold_High Risk.set

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How To Set Up EA

Gold Special EA v2.0_fix is a low-risk, intraday Expert Advisor tailored for range-bound gold markets (XAU/USD). The EA uses precise entry distance and trailing stop logic to manage risk and secure profits throughout specific trading hours.

Gold Special EA setting

🟢 Step 1: Install the EA in MetaTrader 4

1. Download the Gold Special EA v2.0_fix .ex4 file.
2. Open MT4 → File → Open Data Folder → MQL4 → Experts.
3. Paste the EA file into the Experts folder.
4. Restart MT4.
5. Attach the EA to a XAU/USD (Gold) chart and enable AutoTrading.

🟢 Step 2: Recommended Settings Overview

♦️Low-Risk Money Management

• Risk = 0.02 – EA risks 2% of account balance per trade.
• Suitable for small accounts starting from $500+.

♦️Trade Entry & Grid Control

• distanceOrder = 50 – Keeps order spacing wide for range trading.
• distanceline = 50 – Prevents trades from clustering too close.
• Order = Flat Market (Low Risk) – Designed for sideways gold markets.

♦️Intraday Trading Schedule

• TimeStart = 6, TimeEnd = 19 – Trades only during 6:00–19:00 (broker time).
• Avoids overnight spreads and news volatility.

♦️Trailing Stop Strategy

• TrailingStop = 25 – SL follows price by 25 points.
• TrailingStep = 50 – Adjusts SL every 50 points.
• TrailStart = 0 – Trailing starts immediately after trade opens.

♦️Profit Targeting

• DailyProfitTarget = 1500.0 – EA stops trading once $1500 profit is hit.
• Protects capital and prevents overtrading.

♦️Take Profit Behavior

• UseHiddenTp = false – Visible TP (good for auditing and broker transparency).
• hiddenTakeprofit = 60 – Applies only if hidden TP is enabled.

🟢 Broker Compatibility & Trading Notes

• Best with low-spread ECN brokers.
• Gold/XAUUSD only – optimized for range-bound conditions.
• Avoid during high-impact news or trending markets.

🟢 Who Should Use Gold Special EA v2.0_fix?

♦️Best For:

• Gold scalpers and intraday traders
• Accounts with $500+ balance
• Traders seeking low drawdown and fixed daily goals
• Sideways or consolidation market conditions

♦️Not Ideal For:

• Trend-following systems
• 24/7/overnight trading
• High-risk or breakout traders

Conclusion

In summary, The Gold Special EA MT4 is a highly efficient, fully automated Expert Advisor designed exclusively for trading XAUUSD (Gold) on the MetaTrader 4 platform. With its versatile multi-mode trading logic—Flat, Trend, and Both—this EA adapts seamlessly to different market conditions and trader risk preferences, making it an ideal choice for both conservative and aggressive gold traders. Its advanced features like dynamic lot sizing based on account equity, smart trailing stops, and time-restricted trading sessions ensure a well-balanced approach to maximizing profits while effectively managing risk.
Backtested results demonstrate the EA’s consistent performance, delivering strong win rates above 73% and steady net profits across various capital sizes, all while maintaining manageable drawdown levels. Whether you trade during ranging markets or capitalize on trending phases, the Gold Special EA combines scalping, grid, and trend-following strategies into a single powerful tool optimized specifically for the volatile gold market.

>>> Reviewed by Jason Stap <<<