Goldfx Trading Robot MT4 Free Download

Goldfx Trading Robot MT4 Free Download

Goldfx Trading Robot Review

A mean reversion grid trading method called Goldfx Trading Robot is created to trade the XauUsd (Gold). He takes use of actual market inefficiencies to outperform the competition. The EA comes with five set files already installed, which are essentially five different gold trading systems.

Terminal MT4
Currency pair XAUUSD
Timeframe M1
Money management At least 50 currency units

Best Brokers List 

The Goldfx Trading Robot works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Goldfx Trading Robot MT4 Free Download 4Register2009Belize 1:2000$10CySEC, IFSC
Goldfx Trading Robot MT4 Free Download 5Register2009UK1:888$5 FCA
Goldfx Trading Robot MT4 Free Download 6Register2007Sydney, Australia1:500$200ASIC
Goldfx Trading Robot MT4 Free Download 7Register2008Cyprus1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Goldfx Trading Robot MT4 Free Download 8Register2011London, England1:500$25regulated by CySEC
Goldfx Trading Robot MT4 Free Download 9Register2009Belize 1:3000$1IFCS
Goldfx Trading Robot MT4 Free Download 10Register2006Dublin, Ireland1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA
Goldfx Trading Robot MT4 Free Download 11Register2008Port Vila 1: 1000$10VFSC

Goldfx Trading Robot Settings

Goldfx Trading Robot MT4 Free Download 12

MM & Risk settings

  • Allow Opening a new Grid – on/off opening of new grids. It does not affect the already open grids
  • Lot-sizing Method- select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use ‘Dynamic Lot’ parameter, Deposit load will calculate lots based on deposit load%, and 4 predefined presets will calculate risk automatically for you
  • Fixed Lot- fixed trading lot for the initial trade.
  • Dynamic Lot (Balance/Equity based)- balance/equity to be used per 0.01 lot
  • Deposit Load % – % of the deposit that will be totally used to open the initial trade

Strategy

  • Percentage Pips Mode – on/off percentage pips mode. 1 per. pip = 0.0001 * Curr. Price
  • Price Channel Period – period of Donchian channels used to calculate the upper/lower levels
  • Price Channel Time Frame – working TF for the Donchian channels
  • Daily EMA Period – period of the daily EMA for calculating the medium-term trend
  • Volatility Filter – allows you to avoid risky trades during periods of high volatility

Machine Learning

  • Enable Neural Network Filter – on/off filtering of trades using ML technology
  • Use Built-in Perceptron Configuration – if true, the Goldfx Trading Robot will use built-in Perceptron config. If false, the EA will load the custom config file Perceptron_Config.txt located in the common directory for all MT4/5 terminals
  • Min Probability of Profit % – min predicted probability that a trade will result in profit

Perceptron Training

  • Perceptron Training Mode – if true, the Goldfx Trading Robot will try to train Perceptron and save results in the external config file Perceptron_Config.txt
  • Dataset Max Size – maximum dataset size for raw data
  • Neuron in Hidden Layer – number of neurons in the hidden layer. If zero, then no hidden layer will be used
  • Training Algo – training algorithm: Levenberg–Marquardt or L-BFGS
  • Number of Restarts – max. number of restarts to find global optimum

Grid settings

  • Trade Distance – min. step in pips between grid(averaging) trades
  • 2nd Trade Multiplier- multiplier for the 2nd trade
  • 3rd-5th Trade Multiplier- multiplier for the 3rd-5th trades
  • 6th- Trade Multiplier- multiplier for the 6th-…. trades
  • Maximum Trades- max number of grid(averaging) trades

Others

  • Trade Comment- comment for orders
  • UID (0…9)- unique EA instance number. Usually no need to change it

Attention!!! You need to give the EA access to the news list website and time server for news filter and time detection functionality to work correctly:

https://ec.forexprostools.com
https://www.worldtimeserver.com
http://timesrv.online

The server is working properly

Backtesting

Backtesting is pointless because the adviser’s developer is already monitoring real accounts in a different way, and as we all know, any monitoring is preferable to a backtest in the strategy tester. More information about all the monitoring is available below.

Goldfx Trading Robot MT4 Free Download

Goldfx Trading Robot MT4 Free Download

Conclusion

However, where there are big risks, we can often have big profits in the shortest amount of time, which in most cases attracts some traders (mostly beginners who come to the forex market quickly and easily make a lot of money, of course), we should not relax and forget that this adviser uses a dangerous trading method and at any moment can lose the entire deposit in an instant.

In any case, you must approach trading wisely in order to succeed. For instance, if the adviser loses everything in a single fell swoop, you will at least have the money you were able to withdraw. Alternatively, you could withdraw some portion of the profit each Friday, or even every month, in order to play it safe and simultaneously allow the deposit to grow.

 

Goldfx Trading Robot Free Download 

We highly recommend trying the Goldfx Trading Robot with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

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Goldfx Trading Robot MT4 Free Download Contents 1 Goldfx Trading Robot Review 2 Best Brokers List 3 Goldfx Trading Robot Settings 3.1 MM & Risk settings 3.2 Strategy 3.3 Machine Learning 3.4 Perceptron Training 3.5 Grid settings 3.6 Others 4 Backtesting 5 Conclusion 6 Goldfx Trading Robot Free Download 6.1 Goldfx Trading Robot MT4 Free Download – Forex Wiki Trading Goldfx
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A mean reversion grid trading method called Goldfx Trading Robot is created to trade the XauUsd (Gold). He takes use of actual market inefficiencies to outperform the competition. The EA comes with five set files already installed, which are essentially five different gold trading systems.

Editor's Rating:
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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] whose only purpose in life is to live according to our own design and desire. For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable.
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