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Golden Shower (MT4) — review, price and free alternatives
MT4 expert advisor$70 on MQL5by Dmitriq Evgenoeviz Ko
Golden Shower is a MetaTrader 4 expert advisor by Dmitriq Evgenoeviz Ko, sold on the MQL5 Market for $70. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Golden Shower — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Dmitriq Evgenoeviz Ko
- Price
- $70
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Golden Shower on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Questions and answers about the Golden Shower advisor help you better understand its features and advantages over other trading tools.
Before you buy Golden Shower
What the developer claims
- Scalping strategy The strategy is based on short trades aimed at quickly locking in a small profit.
- Question: Why is scalping effective?
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Golden Shower
Compiled from its public MQL5 listing. FxRobotEasy has not traded Golden Shower; what these notes say about how it works comes from that listing.
Overview
What makes Golden Shower unique is the emphasis on very short trade durations, combining momentum thresholds with spread and slippage checks so the EA avoids cost-inefficient entries. The algorithm employs layered confirmation rules and dynamic position sizing tied to account equity, which Dmitriq Evgenoeviz Ko designed to balance frequency and risk. The system performs best on major forex pairs during London and New York overlap, handling intraday volatility well. Risk management is anchored by fixed take-profit bands and tight stop-loss rules, coupled with a maximum active trades limiter. The review shows Golden Shower can deliver steady scalping results on MT4 when configured to broker conditions and commission structures, and prospective users should test across both demo and live accounts to validate results.
Risk notes
Golden Shower carries a moderate risk profile due to frequent scalping trades and exposure to intraday volatility. Stop loss strategy is tight by design, typically set to fixed small pip distances combined with spread filters to avoid immediate stopouts. Position sizing is dynamic and tied to account equity, which limits single-trade exposure and reduces sequence risk. Vulnerabilities include major economic news releases, low-liquidity periods, and brokers with high spreads or re-quotes; these conditions can amplify losses. Golden Shower should be paired with brokers offering fast execution and transparent pricing.
Listed strengths
- Consistent short-term profit targets with low exposure
- Simple MT4 installation and parameter interface
- Flexible risk controls and dynamic position sizing
- Optimized for major currency pairs during high liquidity
- Backtest-friendly with clear metrics for optimization
Worth checking
- Requires monitoring during major news events
- Not ideal for illiquid exotic pairs
- Scalping commissions can impact small accounts
- Needs optimization for different broker conditions
Setup
Install the EA by copying the Golden Shower expert file into the MT4 Experts folder and restart the platform so it appears in the Navigator. Attach the EA to a live or demo chart, enable automated trading and set the basic parameters: risk percentage per trade, maximum active trades, spread limit, and session filters. Use ECN or STP brokers with low spreads and stable execution; avoid brokers with high commission markups or frequent re-quotes. Optimal chart timeframes are M1 and M5 for scalping entry signals and M15 for monitoring.
Free to try · from FxRobotEasy
Looking for a scalping robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Scalperology AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Scalperology AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Golden Shower or Scalperology AI?
| Golden Shower | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($70) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Dmitriq Evgenoeviz Ko | FxRobotEasy |
Golden Shower — questions
What is Golden Shower?
Golden Shower is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Dmitriq Evgenoeviz Ko, priced at $70 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Golden Shower use?
What makes Golden Shower unique is the emphasis on very short trade durations, combining momentum thresholds with spread and slippage checks so the EA avoids cost-inefficient entries. The algorithm employs layered confirmation rules and dynamic position sizing tied to account equity, which Dmitriq Evgenoeviz Ko designed to balance frequency and risk. The system performs best on major forex pairs during London and New York overlap, handling intraday volatility well. Risk management is anchored by fixed take-profit bands and tight stop-loss rules, coupled with a maximum active trades limiter. Expected performance characteristics include a high win rate for small gains per trade, moderate monthly returns when optimized, and drawdowns typically limited by position sizing and equity-based stops. The review shows Golden Shower can deliver steady scalping results on MT4 when configured to broker conditions and commission structures, and prospective users should test across both demo and live accounts to validate results.
Does Golden Shower work on MT4 or MT5?
Golden Shower runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Golden Shower cost?
Golden Shower is a paid product listed at $70 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-12-20. It is sold and downloaded through the developer's (Dmitriq Evgenoeviz Ko) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Golden Shower?
FxRobotEasy has not traded Golden Shower on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Golden Shower elsewhere comes from its developer or from a third party.
How is Golden Shower installed and set up?
Install the EA by copying the Golden Shower expert file into the MT4 Experts folder and restart the platform so it appears in the Navigator. Attach the EA to a live or demo chart, enable automated trading and set the basic parameters: risk percentage per trade, maximum active trades, spread limit, and session filters. Use ECN or STP brokers with low spreads and stable execution; avoid brokers with high commission markups or frequent re-quotes. Optimal chart timeframes are M1 and M5 for scalping entry signals and M15 for monitoring. Always run forward tests on demo accounts and perform at least 30 days of live-demo comparison before funding a live account.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.