The Golden Eyes EA V1.8 MT4+Dll is a powerful MetaTrader 4 (MT4) trading robot (expert advisor) designed with safety and performance in mind. Unlike many grid-based systems, this EA prioritizes risk management and realistic trading behavior. Let’s explore its key features and how it can enhance your trading experience.
Key Features
- Safety First: The primary focus during development was to minimize the risk associated with grid strategies. As a result, this EA performs exceptionally well compared to similar systems.
- Realistic Performance: Unlike over-optimized products, Golden Eyes EA doesn’t claim 100% winning trades with no risk or drawdown. It reflects genuine market behavior and doesn’t rely on unrealistic assumptions.
- No Martingale: The system avoids martingale strategies, ensuring a more stable trading experience.
- Gold Trading: The EA works effectively with gold (XAUUSD, GOLD, etc.). All settings are integrated into the EA, eliminating the need for separate
.set
files. - Flexible Timeframes: You can run the EA on either M1 or M5 timeframes without any specific requirements.
- Risk Management: The EA includes an option to close all trades when a certain level of drawdown (DD) is reached.
Trading Strategy
The Golden Eyes EA leverages real market inefficiencies to gain an edge over the market. It doesn’t rely on unrealistic promises but focuses on consistent, long-term profitability. Here’s how it takes trades:
- No Over-Optimization: Unlike other products, this EA is not over-optimized. It doesn’t show 100% winning trades with no risk. Instead, it maintains a realistic approach.
- DD Max. Mode: After reaching a certain drawdown (DD), the EA offers various behaviors. You can customize how it responds to DD.
- Method Volume: Choose between fixed volume or dynamic volume based on balance or equity.
- MQID© Push Notif.: Receive automatic notifications via the MetaTrader 4 mobile app when DD, take profit (TP), or stop loss (SL) levels are reached.
Recommended Settings
- Minimum Deposit: While there’s no strict minimum, we recommend starting with a reasonable deposit to manage risk effectively.
- Currency Pairs: Avoid XAUUSD (gold) since the EA already specializes in gold trading. Explore other currency pairs for diversification.
- Trading Type: Suitable for PropFirm, hedging, and martingale strategies.
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