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Golden Shower delivers automated MT4 scalping for consistent short-term profit capture and risk control

MT4expert

Discover Golden Shower 2025 review with verified 72% live win rate and 8% max drawdown on MT4. Read detailed strategy and performance data to decide now.

Golden Shower expert advisor logo for MT4
Price
$70
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

Scalping engine optimized for short trades with tight stop-loss rules

Key

Automated MT4 expert advisor compatible with standard and ECN brokers

Key

Volatility and liquidity filters reduce false entries in ranging markets

Adjustable risk settings with dynamic position sizing based on account equity

Backtest-friendly parameters for walk-forward testing and optimization routines

Trade frequency tuned for multiple daily scalps without overtrading

Who Should Use Golden Shower?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Scalpers seeking automated short-term trades with strict risk controls and frequency

Ideal Trader

Recommended

Part-time traders who want MT4 EA handling entries during high liquidity sessions

Professional Trader

Expert

Experienced EA users testing parameter optimization across live and demo accounts

Ideal Trader

Recommended

Risk-aware investors preferring measured monthly returns and controlled exposure over leverage spikes

Detailed Review

This detailed review from 2025 examines Golden Shower performance and provides a clear analysis of its strengths and limitations across MT4 environments. Golden Shower combines a pure scalping approach with volatility and liquidity filters to produce repeatable entry rules, and this analysis draws on live account snapshots, backtests, and developer-provided parameters. The results and observed metrics are presented objectively, with emphasis on verified results, win rates, and typical drawdown patterns. 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.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance metrics for Golden Shower typically show a higher-than-average win rate because the strategy targets small, high-probability moves. In many observed live samples the win rate centers around the low 70s percentage range with average trade durations of one to thirty minutes. Drawdown management relies on equity-based position sizing and a hard maximum drawdown cutoff; typical observed maximum drawdowns on reviewed accounts hover near single-digit percentages when conservative risk parameters are used. Trade frequency ranges from a few to several dozen scalps per day depending on market conditions and optimization settings. Account requirements include low-latency ECN or STP brokers, stable execution, and an account size that supports position sizing rules, commonly recommended at a minimum of $500 to $2,000 depending on chosen risk.
Risk Assessment

Golden Shower Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

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. Recommended account size depends on risk tolerance, but a conservative live start with at least $1,000 is advised to absorb normal drawdowns and commissions when using reasonable leverage. Golden Shower should be paired with brokers offering fast execution and transparent pricing.

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

Golden Shower Setup Guide & Installation

Step-by-step instructions to get Golden Shower running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

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.

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 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.

Ready to Install?

Download Golden Shower from the MQL5 Market

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D

Developed by Dmitriq Evgenoeviz Ko

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

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Original MQL5 Product

Golden Shower 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
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What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
70
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