Gold Hitter EA MT4 trades XAUUSD during the quiet overnight window and targets short moves on the M5 chart. The MT4 build available here includes two set files, FAST MT4.set and Prop Firm MT4.set, plus PDF install guides.

The EA uses scalp-style entries, frequent order adjustments and an averaging element that can open multiple positions with differing lot sizes. It has a Fast mode for higher activity and a Prop-Firm mode with tighter drawdown settings.

Risk and averaging. The EA opens multiple positions to average price during drawdowns. Treat it like an averaging/grid system when sizing capital. Forward-test on demo and set a hard equity stop before going live.

Caractéristiques

Tool type: Fully automated Expert Advisor for XAUUSD
Platform: MetaTrader 4
Strategy: Night-session scalping and intraday averaging on M5
Recommended pair: XAUUSD
Timeframe: M5 (designed for the overnight window roughly 00:00,06:00 UTC)
Modes / presets: Fast (aggressive) and Prop-Firm (tuned for tighter drawdown limits)
Included files: MT4 expert file, FAST MT4.set, Prop Firm MT4.set, PDF install guides
At AutoFXRebate: Free MT4 download, set files and PDF install guide; Telegram support available

How the EA trades

Gold Hitter focuses on XAUUSD and takes many short trades during the night session on M5. It adjusts stop loss and take profit levels often and can open multiple positions with different lot sizes to average the entry price when the market moves against an initial trade.

There is a daily profit target that pauses trading when reached. Two main presets are included: Fast for higher activity and Prop-Firm for smaller drawdowns aimed at challenge rules.

What to expect in practice

The EA generates high trade turnover and is sensitive to spread and execution. Use a low-spread raw or ECN account and a stable VPS to reduce slippage and keep demo behaviour closer to live.

Because the EA averages, floating equity swings can be large even if closed-balance changes seem steady. Monitor margin levels and use conservative lots until you understand how a preset behaves on your broker.

Who this suits

Traders who want an automated tool dedicated to gold night scalping and who accept active trade management and averaging risk models may find this useful.

It is not suited to traders looking for a fixed-lot, set-and-forget scalper with guaranteed low drawdown. If you prefer manual control or a different risk model, consider other tools in the AutoFXRebate library.

Fonctionnalités

Single-pair focus on XAUUSD during the overnight session
Designed for M5 with two shipped presets: FAST and Prop-Firm
Active order modification and dynamic stop/target adjustments
Averaging behaviour via multiple open positions and variable lot sizing
Daily profit target that pauses trading when reached
Includes MT4 expert file, two set files and PDF installation guides

Performances

Performance figures for monthly returns and drawdown are not independently verified. Use a demo period to measure real behaviour. Track trades per day, maximum floating drawdown, and margin usage on your broker so you can size lots and set an equity stop that matches observed worst-case swings.

Avantages

Clear single-purpose design makes setup straightforward for XAUUSD night trading
Two presets let you try an aggressive or a more conservative approach quickly
Set files included so you can load recommended parameters without rebuilding inputs
Free MT4 copy and PDF install guide available at AutoFXRebate with Telegram support

Inconvénients

Averaging and multiple-position logic can produce large floating drawdowns
High trade frequency makes trading costs important; requires low-spread ECN account and VPS
MT4 build only; this package has no MT5 version

Installation

Unzip the Gold Hitter EA package and copy the expert file into MQL4/Experts. Save the set files where you can find them when loading inputs.
Restart MetaTrader 4 so the EA appears in the Navigator pane.
Read the included PDF install guides (How to install MT4 files.pdf) before attaching the EA to a chart.
Attach the EA to an XAUUSD M5 chart and load FAST MT4.set or Prop Firm MT4.set from the EA inputs. Start with default lots and the Prop-Firm preset.
Run the EA on a demo or cent account for several weeks. Log trade frequency, peak floating drawdown and margin usage for the preset you use.
If moving live, choose a low-spread ECN account, run the EA on a reliable VPS and consider opening the account through AutoFXRebate to receive backcom on every lot.

Verdict

Gold Hitter EA is built for traders who want an automated night-session gold scalper and who accept an averaging-style risk model. The included presets and set files make it easy to start, but the averaging behaviour means drawdowns can be large without careful sizing.

We suggest demo testing the MT4 copy with the Prop-Firm preset and conservative lot sizing first. Measure the deepest floating drawdown, then decide whether to move to an ECN live account. Download the MT4 package free from AutoFXRebate and message the Telegram group if you need installation help.

Avertissement sur les risques

Le trading du forex et des CFD comporte des risques importants et peut ne pas convenir à tous les investisseurs. Les indicateurs, EA et outils de trading ne garantissent aucun profit. Appliquez toujours une gestion du risque appropriée. AutoFXRebate n'a pas conçu ces outils et ne cautionne aucun des résultats qu'ils revendiquent ; testez-les sur un compte démo avant de risquer de l'argent.

Gold Hitter EA MT4

Caractéristiques

How the EA trades

What to expect in practice

Who this suits

Fonctionnalités

Performances

Avantages

Inconvénients

Installation

Verdict

Avertissement sur les risques

Obtenez Gold Hitter EA MT4 gratuitement

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