GOLD Trader1 EA for MT4 by Long Qi Chai
GOLD Trader1 EA is a quantitative Expert Advisor for XAUUSD that combines trend capture, dynamic risk control, and smart exit logic. Built to run hands-off on MT4, it supports both fixed and risk-based lot sizing, with spread/slippage protection, breakeven and trailing modules. Backtests over multi-year ranges show a ~95% win rate with disciplined money management. Reminder: backtests are illustrative—live results will vary.
🔑 Highlights
- Trend Capture: algorithm tracks swings and momentum to participate in durable moves up or down.
- Dynamic Risk Control: per-trade SL/TP with optional BE and trailing to protect equity and reduce drawdown.
- Position Management: automatically sizes/adjusts per market state; optional risk-% lot sizing.
- Execution Guardrails: spread cap, custom slippage, and “disable if spread high” timers.
- Multi-symbol adaptability: Optimized for gold; can be tuned for other liquid instruments (limit to ~3 at once).
- Set-and-Run: fully automated once configured; ideal for VPS 24/5.
🧠 Strategy Overview
The EA seeks one clean opportunity at a time: detect trend, confirm volatility context, place a controlled trade, and manage it with stop-loss → breakeven → trailing. A smart exit module locks gains when momentum fades, minimizing overstay risk.
📸 Inputs Snapshot
- Order Type: Buy and Sell
- Magic Number: 3030 (multi-EA safe)
- Order Comment: GOLD-Trader
- Slippage: 26 (points) • Use custom slippage: true/false
- Max Spread: 26 (top block) and 20 (fast-test block) • Disable if spread high: 5 minutes / 1 hour
- Risk MM: true • Risk %: 5.0 • Fixed lot if Risk MM=false: 0.01
- Correct_Lot_by_Spread: true • Control_Free_Margin: true
- TP/SL blocks: e.g., 750 / 3000 (points) with Adaptive trading stop, Trailing Mod 4, Trailing Step 20
- Breakeven Target / Jump: 200 / 200 (points)
- Filter NFP: true • Auto-correction of pending orders: true (Buy/Sell Stop=2)
- Show Info Panel & Additional Info: true (for live auditing)
📈 Long-Run Backtest (M30)
The equity curve demonstrates the “one trade at a time” approach with consistent step-ups over ~4 years; caption on the chart notes “High Success Rate Strategy… 100-fold profits.” Use this as orientation only and validate on your broker feed.

🧪 Detailed Report (Stats at a Glance)
- Modelling / Quality: 99% (tester)
- Total trades: ~1,496
- Profit trades: ~95% (≈95.09% highlighted)
- Profit factor: ~2.11
- Net result (sample): equity rising from a small base to ≈ 6.50M (tester currency) in the period
- Timeframe: M30 • Symbol: XAUUSD

📋 Trade Log Glimpse
Closed-trade list shows tight SL, frequent small wins, and occasional larger exits—consistent with a high win-rate, risk-controlled model.

🧭 Requirements & Notes
- Platform: MetaTrader 4
- Symbol: XAUUSD (Gold)
- Timeframe: M30+ recommended
- Deposit: $300–$5,000+ (size lots conservatively)
- Leverage: minimum 1:100 (1:200–1:500 typical)
- VPS: recommended for 24/5 continuity
❓ Frequently Asked Questions
What is the minimum deposit required?
From $300 (micro/cent lots help to start small). Increase only after forward results.
Does it use martingale or grid?
No. It uses fixed/risk-% lots with SL/TP, breakeven, and trailing—no grids or martingale.
Which pairs and timeframes are supported?
Optimized for XAUUSD on M30+. Other liquid symbols can be tuned, but limit to ~3 concurrently.
Do I need a VPS?
Yes, recommended for consistent execution and news/spread controls.
Are backtest results guaranteed?
No. Backtests are for research only. Live results depend on broker feed, slippage, and your risk.
⭐ Trader Reviews
Hector V. — “Setup took 10 minutes. The spread guard and slippage rules make execution feel safe.”
Angela P. — “High win-rate style with quick exits. Breakeven + trailing keep drawdowns tame.”
Rahul S. — “Runs on a small VPS and just does its job. I like the info panel for transparency.”
Daniela M. — “Risk-% lots plus M30 trend capture fits my approach. Good balance of frequency and control.”
Sergei K. — “Clean logic, no grid/marti. The ‘disable if spread high’ saved me during news spikes.”
⚙️ Usage Recommendations
- Start with small risk% (e.g., 0.25%–0.5% per trade) and scale only after forward testing.
- Keep Max Spread strict and leave the disable-if-spread-high timer on.
- Enable BE + Trailing after you confirm fills on your broker.
- Limit symbols to one–three to keep execution quality high.
- Use a VPS close to your broker’s server.
📦 What You Get
- ✔️ GOLD Trader1 EA for MT4
- ✔️ Quick-start template for XAUUSD (M30)
- ✔️ Setup guide
- ✔️ Email support & free updates
👤 About the Developer
Long Qi Chai designs data-driven strategies for gold trading, focusing on execution quality, risk discipline, and long-horizon stability.
Conclusion
GOLD Trader1 EA delivers a disciplined, high-probability framework for trading gold on MT4: trend capture, smart exits, and strict risk controls. Validate on your broker, keep risk tight, and let automation enforce your plan.