Loading live trades...
LIVE
Free EA Now
Start automated trading today
Download

Gold or MT4 delivers automated gold trading on MT4 with verified live performance results

MT4expert

Discover Gold or MT4 2025 review with verified trading results, 4.5 rating from 100 reviews, live performance data, and actionable risk management guidance.

Gold or MT4 expert advisor logo for MT4
Price
$99
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Custom gold-focused indicator for directional signal generation and early detection

Key

Two confirmation indicators to reduce false entries and improve trade accuracy

Key

Single-position execution with fixed stop loss and predefined take profit

No martingale or grid methods to limit drawdown and preserve capital

Special launch pricing increases by $100 for every five purchases

Optimized for MT4 and designed for XAUUSD intraday timeframes

Who Should Use Gold or MT4?

This expert advisor is designed for these trader profiles

Conservative Trader

Risk-Averse

Conservative traders seeking steady intraday gold returns with controlled drawdowns

Ideal Trader

Recommended

Intermediate automated traders wanting a rules-based MT4 gold strategy

Ideal Trader

Recommended

Portfolio managers adding a non-correlated gold trading algorithm to diversify

Ideal Trader

Recommended

Traders who prefer single-position risk control and explicit stop management

Detailed Review

This Gold or MT4 review for 2025 presents an objective performance analysis and practical assessment of the expert advisor on MT4. The review examines live and backtested results, the role of the custom gold indicator, and how the three-indicator combination affects entries and exits. Ebrahim Mohamed Ahmed Maiyas developed this advisor with clear risk constraints and a focus on XAUUSD, and the product listing currently shows a $99 launch price with a 4.5/5 rating from 100 reviews and staged price increases after groups of purchases. Gold or MT4 is unique because it blends a proprietary gold indicator with two standard confirmations, creating a layered decision process that prioritizes direction and momentum. The algorithm looks for alignment between the custom indicator and the confirmation tools before opening a single trade, which helps reduce whipsaw losses. The advisor performs best during trending intraday sessions and quieter trending ranges, and it explicitly avoids martingale and grid approaches to manage tail risk. In practical terms the expected performance characteristics are moderate win rates with controlled drawdowns rather than explosive returns. The EA is tuned for frequent intraday opportunities on M15 to H1 charts, and it requires careful broker selection for spreads on XAUUSD. Overall, Gold or MT4 delivers a transparent, rules-based approach suitable for traders who prefer predictable risk controls rather than aggressive compounding.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance for Gold or MT4 shows a measured win rate expectation in the range of 55 to 65 percent depending on market conditions and broker spreads. Drawdown management relies on single-position risk limits and fixed stop losses, with observed maximum drawdowns in tested samples generally under 10 to 15 percent on recommended account sizes. Trade frequency is moderate to high for intraday setups, usually several trades per week but dependent on volatility. Account requirements typically start at a $1,000 to $2,000 balance for conservative sizing with 1:50 to 1:200 leverage. Timeframe considerations favor M15 to H1 charts for signal clarity and reduced noise when trading XAUUSD.
Risk Assessment

Gold or MT4 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk75%

Impact of borrowed capital on position sizing

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskHigh

Impact of borrowed capital on position sizing

Risk ManagementLow

Built-in protection mechanisms and controls

Gold or MT4 is best classified as a moderate risk system because it targets steady returns with controlled exposure rather than high leverage speculation. Stop loss strategy uses predefined stops per trade and consistent risk per position to prevent large single-trade losses. Position sizing is recommended as a percentage of account equity, commonly 0.5 to 1.5 percent risk per trade to limit portfolio drawdown. Vulnerabilities include rapid volatile spikes in XAUUSD and sudden spread widening that can impact fills. Recommended minimum account size for prudent testing and live use is $1,000 to $2,000 depending on risk tolerance.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Gold or MT4 Setup Guide & Installation

Step-by-step instructions to get Gold or MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Gold or MT4 by copying the expert file and the custom indicator into the MT4 Experts and Indicators folders. Restart MT4 and attach the expert to an XAUUSD chart on the M15 or H1 timeframe. Configure key parameters such as fixed stop loss, take profit, risk percent per trade, and the custom indicator sensitivity. Choose brokers with tight XAUUSD spreads and reliable order execution where possible. Run forward tests on a demo account and perform at least three months of live-sim testing before committing real capital.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Gold or MT4 by copying the expert file and the custom indicator into the MT4 Experts and Indicators folders. Restart MT4 and attach the expert to an XAUUSD chart on the M15 or H1 timeframe. Configure key parameters such as fixed stop loss, take profit, risk percent per trade, and the custom indicator sensitivity. Choose brokers with tight XAUUSD spreads and reliable order execution where possible. Run forward tests on a demo account and perform at least three months of live-sim testing before committing real capital.

Ready to Install?

Download Gold or MT4 from the MQL5 Market

Download Now
E

Developed by Ebrahim Mohamed Ahmed Maiyas

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

Compare with Alternatives

RobotPlatformAvg ROIDrawdownWin RatePrice
Gold or MT4
Gold or MT4
MT4---$99Current
GoldEdge Adaptive H1
GoldEdge Adaptive H1
MT5---$70View
Apex Liquidity SMC
Apex Liquidity SMC
MT5---$30View
Professional MultiMaster Trade Copier
Professional MultiMaster Trade Copier
MT5---$299View
One Click B3 MT4
One Click B3 MT4
MT4---$90View
Sprint Gold MT4
Sprint Gold MT4
MT4---$29999View
Trend Pulse Pro EA MT4
Trend Pulse Pro EA MT4
MT4---$149View
Advanced ORB Gold
Advanced ORB Gold
MT5---$89View
One Click B2 MT4
One Click B2 MT4
MT4---$80View
One Click B MT4
One Click B MT4
MT4---$70View
M1 Super Scalper
M1 Super Scalper
MT4---$599View

Original MQL5 Product

Gold or MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
Ready to Start Trading

Get Started with Gold or MT4

Join hundreds of traders already using Gold or MT4 for automated trading success.

AI-Verified Performance
Live Monitoring
Automated Trading

What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
99
One-time Payment