Greedy Golden EA MT4 – Automated Gold Trading for XAUUSD on M15

Greedy Golden EA is a long-only RSI-based Expert Advisor trading XAUUSD on the M15 timeframe inside MetaTrader 4. A verified live account on LiteFinance recorded 587% growth with a 14.4% maximum drawdown since 2024. Developed by Mihails Babuskins (Poland), rated 4.75/5 across verified MQL5 user reviews.

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Key Highlights

• ✅ Long-only gold specialist — built exclusively for XAUUSD, not a generic multi-pair EA
• ✅ Live verified account: 587% growth, 14.4% max drawdown, 73.6% win rate since 2024
• ✅ RSI-filtered M15 entries with trailing stop exit — exploits momentum on confirmed bar opens
• ✅ Margin protector ON by default — halts trading before account equity reaches critical levels
• ✅ Backtest profit factor of 9.31 on a conservative $3,000 base across 74 trades
• ✅ 100% algo-driven with 5.7% max deposit load — leaves significant margin buffer at all times

Performance Results

Live Verified Account

The live signal on LiteFinance (verified, 66-week track record) shows 587% growth since 2024, starting from a $200 deposit. Maximum drawdown reached 14.4% across all recorded trading, with a 73.6% win rate and 100% algo execution throughout. Max deposit load stayed at 5.7%, confirming the EA leaves substantial margin buffer open at all times.

Backtest Results — Conservative Preset ($3,000)

The conservative backtest (XAUUSD M15, Sep 2022–Feb 2024) recorded a profit factor of 9.31 on 74 trades with 81.08% win rate. Modeling quality is 63,299 using open-prices-only — suitable for bar-open EAs but not equivalent to 99% tick data.

Backtest Results — Higher Capital Preset ($3,000 / Aggressive Risk)

A second backtest run on the same period (AMarkets-Real, Build 1415) with an aggressive risk configuration produced a profit factor of 42.06 across 84 trades, 89.29% win rate. Max drawdown reached 49.54% at this setting — treat this as the upper risk boundary, not a target operating mode.

The aggressive configuration’s 49.54% drawdown stems from oversized position stacking when multiple RSI signals cluster in trending XAUUSD sessions — not a random spike. Control this by setting risk to Medium (not aggressive), enabling the margin protector with a minimum margin level of 300, and keeping maximum fix positions at 1. Starting capital of $3,000 or above provides meaningful buffer. At medium risk with correct settings, the live account demonstrates 14.4% max drawdown is achievable. Expect occasional drawdown sequences of 4–8 consecutive losses; the backtest confirms these resolve within normal trending conditions.

Backtest data covers Sep 2022–Feb 2024 using open-prices-only model (not tick data). Live signal tracked from 2024 on LiteFinanceVC-Live-04. Run a minimum 60-day demo before live deployment to validate under your broker’s current spread conditions. Past performance does not guarantee future results.

How It Works

Strategy: Long-only RSI momentum system on XAUUSD M15 — captures directional gold moves on confirmed bar opens only.

Entry: RSI period-14 signal on M15 triggers entry at bar open when momentum conditions align.

Exit: Primary exit via trailing stop loss; take profit target set at 600 points distance.

Risk Control: Fixed lot sizing (0.01 base), max 1 simultaneous position, margin protector halts new trades below threshold.

✅ Best conditions: Trending XAUUSD sessions • Normal spread environment (below 30 points) • Stable margin above 300%

⚠️ Caution: High-spread news events on gold • Aggressive risk setting with undercapitalized accounts

Technical Specifications

This EA runs on MT4 only. Need a MetaTrader 5 alternative? Browse MT5 EAs.

Who Should Use This EA

✅ Ideal for:

• Gold-focused traders wanting a fully automated long-only XAUUSD system
• MT4 users with $3,000+ capital seeking medium-risk automation with active margin protection
• Traders who want a verified developer (Mihails Babuskins) with documented MQL5 support history
• Buyers who want 60+ days demo validation before committing live capital — this EA supports that workflow

✅ Best results when:

• Running on a low-spread ECN broker with XAUUSD spreads consistently below 30 points
• Using medium risk preset with margin protector enabled and minimum margin level set to 300

Download Package Included

• ✅ Experts:
  • Greedy Golden EA (.ex4 )
• ✅ Presets:
  • medium risk configuration (as tested).set
• ✅ Installation and setup guide

Product download link sent immediately via email after purchase.

Frequently Asked Questions