Lion Gold MT4 EA capitalizes on the natural volatility of gold as a trading pair. Its strategy is centered around identifying and acting on breakouts of daily support and resistance levels. This approach is simple yet profoundly effective, particularly for a pair as volatile as gold. The EA taps into significant market movements by focusing on these critical points, allowing traders to benefit from substantial price changes.
The Lion EA doesn’t rely on a single strategy. Instead, it boasts seven different built-in strategies that work in harmony. This multifaceted approach ensures that the EA can adapt to various market conditions, providing a stable growth curve for your investments. While losses are an inevitable part of trading, These diverse strategies ensure that these losses are part of a controlled and transparent trading process without any manipulation.
A standout feature of Gold MT5 EA is its commitment to risk management. The EA explicitly avoids high-risk trading styles like grids and martingale, which are notorious for their potential to amplify losses. Instead, it adopts a more conservative approach, focusing on sustainable trading tactics and prioritizing the trader’s long-term financial health.
Recommendations for Gold MT4 EA
- Minimum account balance of 200$.
- For low-balance accounts (200$-400$), I recommend running only strategies 2,4 and 7 as they have the lowest drawdowns.
- EA is specially made to work on XAUUSD. (Work on any currency pair)
- It works best on Daily TimeFrame. (Work on any TimeFrame)
- This Gold MT4 EA should work on VPS continuously to reach stable results. So we recommend running this MT5 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)
