About the La Gold EA
The La Gold EA is a fully automated Forex robot for MT4 designed to trade Gold (XAUUSD), but it can also be deployed on any currency pair of your preference.
The EA made +15.86% during our tests, and it does not use any dangerous trading methods (grid, martingale) to turn an array of bad trades into positive results.
According to the developer, the La Gold EA is capable of making anything between 7% to 21% monthly profit.
The La Gold EA can be used with any Forex broker and should work on any time frame.
Free Download
Download the “La Gold EA.ex4” expert advisor
Key Features
Automated Gold Trading
La Gold EA automatically identifies trade opportunities on the Gold market using its proprietary algorithm, executing trades without manual intervention.
Low Drawdown Strategy
The EA is designed to minimize risk and protect your account with intelligent stop loss and take profit management.
Customizable Parameters
Traders can adjust risk percentage, lot size, stop loss, take profit, and trading hours, tailoring the EA to personal trading preferences.
News and Time Filters
Built-in filters prevent trades during high-impact news events and volatile periods, reducing the risk of unexpected losses.
Broker Compatibility
Compatible with any broker that supports MetaTrader 4, especially those offering low spreads and fast execution speeds.
Strategy Tester Report
Find below the La Gold EA track record (click on the picture for a full-size view).
Key Points
- Absolute gain: +15.86%
- Daily gain: +0.41%
- Monthly gain: +12.78%
- Profit: $158.61
La Gold EA has demonstrated steady performance in backtests and live trading sessions.
Users report consistent profits on XAU/USD when the EA is configured according to the recommended settings.
Individual results may vary depending on market conditions and broker execution.
Trading Chart
The picture below shows the La Gold expert advisor attached to the XAUUSD M5 chart.
How the EA Works
- Analyzes Gold price movements to identify trading opportunities.
- Executes trades automatically based on proprietary entry and exit rules.
- Manages risk using stop loss, take profit, and trailing stop strategies.
- Avoids trading during high-impact news events and volatile periods.
- Operates continuously on the MT4 platform with minimal user intervention.
Download Now
Download the “La Gold EA.ex4” EA
Parameters & Settings
- Magic Number: Unique identifier for each trade.
- Lot Size: Set the volume of each trade.
- Risk Percentage: Percentage of account balance risked per trade.
- Stop Loss: Price level to limit losses.
- Take Profit: Price level to secure profits.
- Trading Hours: Configurable times when EA is allowed to trade.
- Trailing Stop: An Optional feature to lock in profits dynamically.
Recommended Trading Setup
- Instrument: XAU/USD (Gold).
- Timeframe: 15-minute chart (M15).
- Account Balance: Minimum $100, recommended $300+
- Broker: Low spreads and fast execution.
- Demo Account: Test before trading live to ensure optimal results.
FAQ
Can I use La Gold EA with any Forex broker?
Yes, La Gold EA is compatible with any MT4 broker, but for the best results, use a broker with low spreads and fast execution speeds.
Is a VPS necessary for running La Gold EA?
While not required, a VPS ensures 24/7 operation, stable internet, and minimal downtime, which is ideal for scalping and automated trading.
What is the minimum account balance recommended?
$100 is the minimum, but $300 or more is recommended for better risk management and smoother EA performance.
Does La Gold EA require additional DLL files or software?
No, it runs directly on MT4 without external DLLs, making it simple to install and operate.
How does La Gold EA handle market volatility?
The EA includes news and time filters to avoid high-impact events and volatile periods, and it uses smart entry and exit logic to trade during favorable conditions.
Summary
La Gold EA is a reliable automated trading robot for Gold (XAU/USD) on MT4.
With a low drawdown strategy, customizable parameters, and news/time filters, it offers traders an efficient way to capture short-term market opportunities.
Testing on a demo account before live trading is highly recommended to understand the EA’s behavior and optimize performance.
