About the Golden Mammoth EA
The Golden Mammoth EA is a fully automated trading robot for MetaTrader 4, specifically designed to trade the XAU/USD (Gold) currency pair.
By combining the Super Trend indicator with a digital market noise filter, this EA identifies clear market trends and executes trades automatically.
The Golden Mammoth EA is designed for traders seeking a hands-free approach to gold trading while maintaining precise entry and exit points.
Free Download
Download the “EA_Golden_Mammoth.ex4” expert advisor
Key Features
Super Trend Indicator
Utilizes the popular Super Trend indicator to detect market trends and confirm trade signals.
Digital Market Noise Filter
Filters out market noise to reduce false signals and improve the accuracy of trade entries.
High Trading Activity
Maintains a high trading frequency with a 98.6% trading activity rate for active market participation.
Customizable Parameters
Allows traders to adjust Super Trend periods, lot sizes, take profit levels, and more to fit their strategy.
MetaTrader 4 Integration
Seamlessly installs on MT4, enabling quick setup and automated execution of trades.</p
Performance Report
Find below the Golden Mammoth EA performance chart (click on the picture for a full-size view).
The EA made $1002.98 profit during the testing period.
Key Points
- The number of profitable trades: 63.6%
- The number of loss trades: 36.4%
- Trading activity: 98.6%
The Golden Mammoth EA has shown a win rate of 63.6% and consistent trading activity, indicating strong performance when configured correctly on demo and live accounts.
Proper broker selection and parameter optimization are key to achieving optimal results.
Trading Chart
The picture below shows the Golden Mammoth EA attached to the GBP/USD M15 chart.
How the EA Works
- Trades XAU/USD (Gold) automatically on MT4.
- Combines the Super Trend indicator and digital market noise filter to determine trade signals.
- Executes trades on multiple timeframes starting from M5 and above.
- Includes risk management tools like stop loss, take profit, and adjustable lot sizes.
- Fully automated trade execution, requiring minimal user intervention.
Download Now
Download the “EA_Golden_Mammoth.ex4” EA
Parameters & Settings
- Super Trend Period: Adjust for trend detection sensitivity.
- Lot Size: Set initial trade size.
- Take Profit: Set profit target per trade.
- Stop Loss: An Optional safety mechanism for trades.
- Trailing Stop: Optional feature to lock in profits.
- Maximum Orders: Limit the number of simultaneous trades.
- Noise Filter Sensitivity: Adjust to reduce false signals.
Recommended Trading Setup
- Currency Pair: XAU/USD (Gold)
- Timeframe: M5 and above
- Minimum Account Balance: $100
- Broker: Low spread, ECN account recommended
- Platform: MetaTrader 4
FAQ
1. What is the Golden Mammoth EA?
A fully automated MT4 robot for XAU/USD that uses Super Trend and a noise filter to execute trades automatically.
2. Which timeframes are supported?
The EA works best on M5 and higher timeframes. It is not recommended for M1 charts.
3. Can I customize the EA settings?
Yes, you can adjust Super Trend periods, lot sizes, take profit, stop loss, and noise filter sensitivity.
4. What is the win rate and trading activity?
The EA has a 63.6% win rate with a 98.6% trading activity rate, indicating frequent and reliable trade execution.
5. Is the Golden Mammoth EA safe for live accounts?
Yes, but it’s recommended to test on a demo account first and configure parameters according to your risk tolerance.
Summary
The Golden Mammoth EA is a powerful automated trading robot for MetaTrader 4, designed for the XAU/USD (Gold) currency pair.
By combining the Super Trend indicator with a digital market noise filter, it accurately identifies market trends and executes trades automatically.
Its high trading activity and customizable parameters allow traders to tailor the EA to their strategies and risk preferences. W
ith a 63.6% win rate and robust trade execution, the Golden Mammoth EA provides an efficient, hands-free approach to gold trading. P
roper testing and broker selection ensure optimal results, making it a valuable addition to any trader’s automated trading toolkit.
