FX Goldminer EA MT4 – Free Educational Version

FX Goldminer EA Review

In the dynamic world of forex trading, staying ahead of the curve is crucial for success. One cutting-edge tool that has gained significant attention is the FX Goldminer EA. Tailored specifically for trading gold, this Expert Advisor (EA) utilizes the innovative Gold Stuff indicator, employing a "Trend Follow" strategy to maximize profits. In this comprehensive guide, we delve into the intricacies of FX Goldminer EA, from its description and features to settings, results, and how to leverage its potential for successful trading.

Description

FX Goldminer EA is a trend indicator meticulously crafted for gold trading, although its versatility extends to other financial instruments. Operating on the H1 time frame, this indicator boasts a non-redraw and non-lag functionality. The real gem, however, lies in the fully automated Expert Advisor that goes hand in hand with the Gold Stuff indicator. This EA seamlessly executes trades according to the "Trend Follow" strategy, ensuring you ride the wave of market trends.

Version: 7.0

Best Brokers List

FX Goldminer EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

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FX Goldminer EA Settings

Settings and Manual

Understanding the settings is key to optimizing the performance of FX Goldminer EA. Here's a breakdown of the crucial parameters:

• Open New Series: Activate or deactivate the beginning of a new series of orders.
• Start Lots: Set the initial lot size.
• Trade Buy/Sell: Enable or disable buying or selling.
• Use Hedge: Opt for trading in both directions (buy and sell).
• Use Money Management: Toggle automatic lot calculation.
• Autolot Free Margin: Specify the free margin for opening every 0.01 lots.
• Take Profit (TP) and Stop Loss (SL): Determine profit and loss levels in pips.
• Trail Start/Step: Activate a trailing stop with customizable distance.
• DD Reduction Algorithm: Specify parameters for reducing drawdown.
• Magic Number: Assign a special number for EA orders.
• Fix and Dynamic Distance: Set fixed and dynamic distances between orders.
• Start/End Hour: Define the time for opening the first order.
• Maximum Lot/Spread: Set limits on lot size and spread.

FX Goldminer EA Results

Here's a snapshot of the impressive results achieved by FX Goldminer EA:

• History Quality: 100
• Total Net Profit: $1,406,123.80
• Gross Profit: $201,645,210
• Gross Loss: $61,022,930
• Profit Factor: 330
• Recovery Factor: 208
• Sharpe Ratio: 0.14
• Total Trades: 2420
• Largest Profit Trade: $12,240,000
• Largest Loss Trade: $561,160
• Average Profit Trade: $15,212
• Average Loss Trade: -$822
• Maximum Consecutive Wins: 21
• Maximum Consecutive Losses: 6
• Average Consecutive Wins: 4
• Average Consecutive Losses: 2

Conclusion

FX Goldminer EA emerges as a powerful tool for traders seeking success in the forex market, especially in gold trading. Its advanced features, coupled with robust performance results, position it as a valuable asset in your trading arsenal. As you embark on your forex journey, consider integrating FX Goldminer EA to enhance your trading strategies and capitalize on market trends effectively. Unlock the potential for substantial profits and reduced drawdowns with this groundbreaking Expert Advisor.

Download FX Goldminer EA

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.