Alpha Gold EA MT4 V4.0 + Setfiles

Alpha Gold EA MT4 v4.0 – Automated XAUUSD Trading Robot for MetaTrader 4

Alpha Gold EA MT4 v4.0 is an automated Expert Advisor built exclusively for XAUUSD trading on the M15 timeframe in MetaTrader 4. Two historical real-account Myfxbook pages are publicly accessible, confirming the EA has traded live MT4 accounts on gold. Both accounts are from 2021–2023 and are no longer actively updating.

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Key Highlights

• ✅ XAUUSD specialist — M15 timeframe, MetaTrader 4 (.ex4)
• ✅ Historical real-account Myfxbook data from two separate brokers (2021–2023)
• ✅ Recovery grid structure — up to 7 buy and 7 sell positions tracked simultaneously
• ✅ Trailing stop active on primary trades and recovery levels (StartLevelOfTSL: 50 points)
• ✅ Four broker-specific preset files included: 2-digit and 3-digit XAUUSD variants for two setting profiles

Performance Results

The primary historical proof is a real-account Myfxbook page (Aximtrade, MT4, 1:500), last updated June 12, 2023. It recorded +36.81% gain, 47.24% maximum drawdown, and 2,209 total trades over the tracked period. A second real-account Myfxbook page (FBS, MT4, 1:500), last updated December 10, 2021, recorded +32.23% gain, 22.08% drawdown, and a 2.06 profit factor across 200 trades. Both accounts are historical and partly private — balance and trade-detail charts are not fully accessible.

A third account visible in the product materials recorded a gain of +222,810.59% from a $220 deposit over May 2022–December 2023. This figure reflects heavy compounding from an extremely small starting balance and should not be treated as a typical result. The 13.75% drawdown on that account is the most favorable drawdown figure in the available materials.

View the Alpha Gold historical Myfxbook account

The 47.24% drawdown on the primary account is the figure that most directly affects live trading decisions. The EA’s input parameters confirm a recovery grid structure — up to 7 buy and 7 sell positions can stack simultaneously with a Recovery Trade Distance of 900 points. During adverse XAUUSD moves, open exposure compounds across multiple recovery levels before trailing stops engage.

To manage this risk: use fixed-lot sizing conservatively relative to your full account balance; test the recovery sequence on demo across a volatile XAUUSD period of at least 90 days; verify your broker’s spread against the EA’s Maximum Spread setting of 100 points; and monitor equity drawdown actively during live deployment. The $200 minimum deposit listed in product specifications is not adequate capital for absorbing a 47%+ drawdown sequence — a larger capital buffer is strongly recommended.

Both Myfxbook accounts are historical (2021–2023) and no longer updating. The proof shown here should be treated as historical real-account and backtest evidence, not current live performance. We recommend demo validation under current market conditions before using live capital.

How It Works

Strategy: Gold-focused automated trading on XAUUSD M15, combining trend-following logic with a recovery grid when initial trades move against the position. The ChooseEA mode is set to “GoldHigh” in the confirmed input file.

Entry: Dual moving average logic — DSMA (3) and DBMA (10) — with both long and short trades enabled by default. Exact trigger confirmation beyond the MA parameters is not specified in the available materials.

Exit: Primary exit via Take Profit at 1,000 points, with trailing stop activating from 200 points minimum profit at a 50-point start level. Recovery trade exits use tiered trailing stop levels — 100 to 500 points minimum profit depending on recovery level reached.

Risk Control: Fixed lot sizing (default 0.01) with optional lot scaling every $500 of account growth. Recovery grid allows up to 7 buy and 7 sell positions with 900-point spacing. Maximum spread capped at 100 points — trades will not open above this threshold. Drawdown circuit breakers exist in settings but are disabled by default (Stop New Trades In DD: false; Close All In DD: false).

✅ Best conditions: Active XAUUSD trending market • Low-spread ECN/STP broker with stable MT4 execution • Account capital appropriately sized for multi-position grid exposure.

⚠️ Caution: High-spread brokers above 100 points • Violent XAUUSD news spikes that trigger multiple recovery levels simultaneously.

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Experienced EA traders who understand grid-recovery risk and can size positions accordingly
• Traders with dedicated XAUUSD accounts who can monitor open equity during drawdown periods
• MT4 users with access to a low-spread XAUUSD broker and a stable VPS environment

✅ Best results when:

• Account capital is sized well above the $200 minimum to absorb multi-position grid drawdown
• Running on a low-spread MT4 broker with XAUUSD spread consistently under 100 points
• Demo-tested across at least 90 days of volatile XAUUSD conditions before live deployment

This EA is not suited to traders expecting set-and-forget operation without understanding the recovery grid’s compound position exposure.

Download Package Included

• ✅ Link download experts:
  • Alpha Gold EA V4.0 (.ex4)
• ✅ Presets:
  • Alpha Gold xauusd m15 2 digits.set
  • Secondset xauusd m15 2 digits.set
  • Alpha Gold xauusd m15 3 digits.set
  • Secondset xauusd m15 3 digits.set

Product download link is sent immediately via email after purchase.