What is PS Gold Miner EA MT4?
PS Gold Miner MT4 is a fully automated Expert Advisor (EA) designed for the MetaTrader 4 (MT4) platform, optimized for high-performance trading on EURUSD, GBPUSD, and Gold (XAUUSD). Utilizing fundamental analysis and market trend detection, this EA intelligently opens, manages, and closes trades. Featuring an advanced recovery strategy, PS Gold Miner MT4 effectively recovers from losing trades through smart hedging and market reversal techniques, enhancing profitability and minimizing risk.
About the Developer
- Author: Nabeel Zafar
- Experience: Over 4 years of experience on MQL5.
- Notable Products: PS Gold Miner and Live Bot Maker.
- Flagship Product: PS Gold Miner EA MT4 is the best performing product.
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Core Features of PS Gold Miner EA
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Fully Automated Trading System:
Executes trades based on real-time fundamental and technical analysis -
Advanced Recovery Strategy:
Uses hedging and market reversal methods to recover from drawdowns -
Multi-Pair and Multi-Timeframe Support:
Works with major currency pairs and flexible timeframes -
Customizable Trading Strategies:
Includes RSI, Stochastic, Pure Hedging, and Manual Mode -
Advanced Parameter Configuration:
Adjust order size, spacing, Stop Loss (SL), RSI/Stochastic levels, etc.
Why choose PS Gold Miner EA MT4?
-
Reduces manual trading effort
-
Proven drawdown management techniques
-
Flexible for both beginners and professional traders
-
Full control over trading behavior and risk settings
PS Gold Miner EA MT4 Review
1. Live Trading Results (Verified by Myfxbook):
- Overview of real trading performance
- Independent verification by Myfxbook
- Risk management with SL and TP for every trade
- Performance consistency under market volatility
2. Backtest Results and Performance Metrics:
- Backtest on EURUSD for 6 months
- Starting capital: $1,000
Final profit: $3,280
Max drawdown: 21.66% - High return-to-risk ratio and drawdown control
User Reviews and Community Feedback
- Positive user reviews in the MQL5 community
- Noted for stable performance with EURUSD
- Recognized for safety and consistency
- Real testimonials highlight ease of use and low drawdown
What’s Included in the Download Package
- EA file:
PS Gold Miner.ex4 - Preset settings:
EURUSD_Autolot.set,GBPUSD_Autolot.set - Supporting files:
URLs.txt
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How To Set Up EA
Learn how to set up PS Gold Miner EA for MT4. Optimize RSI-based gold trading with effective lot sizing, grid strategy, and risk settings. Updated for 2025.
🟢 Best Settings for PS Gold Miner EA (MT4 – 2025)
Platform: MetaTrader 4
Symbol: XAU/USD (Gold)
Strategy: RSI + Stochastic Oscillators with Grid/Martingale
🟢 Quick Setup Parameters
🔺General Trading Settings
- Allow Buy/Sell:
true(Enables both directions) - Strategy Type:
RSI(Reversal strategy) - Allow Hedge:
true - Allow Friday Trading:
true - Maximum Spread:
0.0(Use low-spread broker recommended)
🔺Lot & Trade Management
- Lot Type:
Manual - Initial Lot Size:
0.01(Low-risk entry) - Take Profit:
10.0 pips - Grid Distance (2nd & 3rd):
20.0 pips - Lot Multiplier:
1.5x(Martingale method) - Max Trades/Side:
0(Unlimited – Use with caution)
🔺Risk Management (Loss Cut)
- Loss Cut Type:
None - Loss Cut Value:
10000.0(High drawdown tolerance – risky)
🔺RSI Settings
- RSI Period:
5 - Levels:
70/30(Overbought/Oversold) - Applied Price:
Close
🔺Stochastic Settings
- %K / %D / Slowing:
14 / 3 / 3 - MA Method:
Smoothed - Levels:
70/30 - Use Type:
Value
🔺Interface & Tracking
- Dashboard:
Full - Show Candle Profit:
true - Magic Number:
9244
🟢 Important Notes for Optimization
- Use a low-spread ECN broker for best results.
- Combine with VPS hosting for 24/7 uptime.
- Disable on high volatility news events.
- Monitor for floating drawdowns due to martingale risk.
🟢 Final Tips for SEO & Usability
- Title Tag: Use keywords like "Gold EA MT4 Settings", "RSI EA Strategy", or "PS Gold Miner Setup".
- URL Slug:
/ps-gold-miner-ea-mt4-settings-2025 - Alt Text for Images: “PS Gold Miner EA MT4 settings interface 2025”
- Header Structure: Use H2 for major sections (like General Settings), H3 for subpoints (like RSI Period).
Conclusion
In summary, PS Gold Miner EA MT4 is a robust and fully automated trading solution specifically designed for traders who want consistent, data-driven results on the MetaTrader 4 (MT4) platform. With optimized performance on major currency pairs like EURUSD, GBPUSD, and Gold (XAUUSD), this EA leverages both fundamental analysis and market trend detection to execute intelligent trades with minimal manual intervention.
>>> Reviewed by Jason Stap <<<





