Golden Eagle Prime EA MT4

Eight price-level strategies for gold

Golden Eagle Prime EA MT4 uses eight individually selectable breakout strategies for XAUUSD, combining fixed-lot, capital-step or stop-based percentage sizing with managed trade exits. Developed by Gianluca Guarino, it uses a separate stop loss on every trade and is described as having no grid, no martingale and no averaging down.

• 8 strategy switches: choose which breakout components are active.
• Three sizing methods: fixed lots, capital step or risk percentage calculated from the trade’s stop loss.
• Exit choices: visible broker-side SL/TP or hidden EA-managed exits, with trailing, break-even and Friday close.
• Execution controls: pending orders or market entry, spread checking in market mode and a wait after the daily market open.
• News and monitoring: optional USD high-impact news filter and an on-chart panel.

Prime is a configurable gold strategy portfolio with visible broker stops by default. Its unusually specific H1-history requirement is worth checking: missing older bars can cause some level searches to run on less data or be skipped.

Requirements that affect the strategy

Market

XAUUSD / GOLD. The strategy uses gold H1 data regardless of the attached chart timeframe.

Platform

MT4; use the matching edition and confirm the broker symbol.

History

At least 6,433 H1 gold bars must be loaded. Insufficient history can change or skip some breakout levels.

Starting guidance

1,000 USD at 1:100 leverage or 2,000 USD at 1:30 with 0.01 lots, according to the developer.

Account conditions

ECN / raw spread is recommended. The strategies are spread-sensitive; wide spreads reduce results.

Continuous operation

A VPS is recommended, especially when using hidden stops or terminal-managed pending entries.

Risk percentage is a per-trade sizing input, not an account drawdown cap. Several active strategies can create concurrent losses. If the calculated lot is below the broker’s minimum, the minimum lot is used, so actual risk can exceed the selected percentage on a small account.

Execution, stops and settings changes

Pending price levels are held by the EA and submitted within 50 USD of entry. Removing or stopping the EA deletes its pending orders.

Visible SL/TP is the default: levels are sent to the broker. Hidden SL/TP is managed by the running EA and requires continuous terminal operation. Restarting MT4 inputs or timeframe resets hidden stops to the initial stop loss; break-even and trailing restart from the current price. This can change protection that had already moved.

Switching a strategy off also stops management of its open trades. This removes trailing and break-even; in hidden mode it also removes EA-managed SL/TP handling. Plan changes when flat or deliberately manage the existing positions first.

Max Spread applies to market execution, in broker points. A value of 40 means 0.40 USD on two-digit gold quotes, but 0.04 USD on three-digit quotes; zero disables the check. Verify your broker’s precision.

News pauses and the Friday close

The optional news filter closes the EA’s own trades and pending orders around selected high-impact USD releases, then pauses entries. It is off by default and inactive in the Strategy Tester. Allow the address shown in the WebRequest input under Tools → Options → Expert Advisors, and check that future events appear on the panel.

Friday close has wider reach: From the selected Friday broker hour, it closes all positions and pending orders on the chart symbol, including manual trades and trades placed by other EAs. Avoid sharing gold trades unless this is intended. The setting uses broker time; 24 or 25 disables it.

Original tests and public trading evidence

The MT4 source says the gallery was tested using the MT5 build on real ticks from 2010, with commission, slippage and swaps deducted. The MT5 build adjusts take profit and break-even to cover trade costs and begins Friday closing 15 minutes earlier. MT4 does not use those same cost adjustments and closes from the selected hour, so the screenshots are not equivalent MT4 backtests.

The yearly bars are derived from the fixed-lot backtest using the EA’s risk-sizing formula, not a separate percentage-risk Strategy Tester run; the 2026 bar covers January–June only.

The yearly example uses 0.50% per-trade risk, versus a published default of 1.0%. Its sizing differs from the fixed-lot curve and an account using defaults, so returns and drawdowns are not directly comparable.

Developer-linked public account

The Prime public account is labelled real by MQL5 and runs on MT4. Monitoring began on 27 April 2026. On 10 October it showed 24 weeks, 166 trades, 119.78% growth and a 2.99 profit factor. Relative drawdown was 11.63% by balance and 4.91% by equity. Balance and equity were both 2,197.76 EUR; maximum deposit load was 4.72%.

MQL5 reports that 80% of growth occurred within six days. July returned −4.09%, while the partial October figure was −9.53% at capture. The gains are therefore concentrated and include meaningful losing periods. This short account record does not support extrapolating a stable monthly return.

The MT4 counterpart’s release notes for version 2.4, dated 1 October 2026, re-optimise strategies 2, 3 and 8 with commission, slippage and swap included. The longer MT4 account history spans earlier parameters and does not isolate performance under those revisions. These dated notes describe MT4 and do not establish an MT5 revision date.

The MQL5 review tab contains ratings without written purchaser comments. Developer replies discuss settings and individual-strategy tests, but they are not independent performance evidence. The selected original review capture below preserves that context; third-party stars are not imported into CheaperForex ratings.

Choose the platform and compare strategy scope

Golden Eagle Prime EA MT4 · Golden Eagle Prime EA MT5

Compare Eagle Gold Nexsus MT4 and Eagle Gold Echo MT4. Similar control names do not establish identical signals or returns. A no-grid system can still suffer consecutive stop-outs, slippage and substantial drawdown. Test the exact edition, broker conditions and chosen strategy mix before committing risk.

Developer sources checked 10 October 2026: MQL5 MT4 listing. Product features and original tests are attributed to Gianluca Guarino.

Free lifetime updates

Standalone delivery with access to your order’s delivery instructions after payment. The instructions explain the delivery and setup steps; DeliveryInformation.txt is an instructions document, not the trading executable. Free lifetime updates and email support are included.