An MT4 grid basket EA that uses price action to open trend-aligned grids on XAUUSD (H1). Provided as a free compiled MT4 expert (v2.0).

Robot for Gold Trading is a free MT4 expert advisor provided as a compiled MT4 expert (version 2.0). The EA uses price movement as the entry signal rather than indicators: it opens a grid of orders in the current trend direction and holds the basket until the positions can be closed together for a net profit.

The grid follows market momentum instead of averaging against the trend. The EA can run continuously or only during chosen sessions. The package includes PDF install guides, and at AutoFXRebate you can download the files for free and ask for help in the Telegram group.

Grid risk. This EA runs a grid basket and the description does not show a per-trade stop loss. Test on demo or a cent account first, size for a worst-case adverse move and keep the grid settings conservative.

Caractéristiques

Tool type: Automated expert advisor (grid basket)
Platform: MetaTrader 4
Strategy: Price-based grid that opens in the trend direction; no indicators required
Recommended pairs: XAUUSD primary; XAGUSD and other pairs possible
Recommended timeframe: H1 (can run on other timeframes)
Minimum capital: $100 on a cent account or equivalent standard account
Risk model: Grid basket, no per-trade stop loss shown; not classic martingale
Session behaviour: Default timing targets the US session open (16:00 Moscow time entry)
At AutoFXRebate: Free download, PDF install guide included, Telegram support available

How the EA works

The EA uses price movement as its signal. Around the configured session it opens a group of orders aligned with the current trend and holds that basket until the combined positions can be closed profitably.

If the trend changes, the EA rebalances open positions toward the new direction so the basket can still aim to finish net positive. This is a grid basket approach: several positions are managed together rather than as independent trades.

What to expect when you run it

You will see periods when multiple orders are open and the combined exposure can grow if price moves against the basket. The package does not list per-trade stop losses, so you must control risk with sizing and capital.

The EA is straightforward to install but needs monitoring and conservative position sizing. Use a low-latency VPS for 24/5 operation and test settings on the same broker type you plan to use live.

Who this suits

It suits traders who understand grid baskets and can accept multi-order exposure while testing on demo. If you prefer an EA with explicit per-trade stops, look at other items in the AutoFXRebate library.

It is not suitable for very small accounts that cannot withstand extended adverse moves or for traders who will not test on demo and manage risk closely.

Fonctionnalités

Price-action grid that opens in the direction of the trend
Designed primarily for XAUUSD on H1, can run on other symbols
Option to run continuously or limit trading to sessions
Compiled MT4 expert (v2.0) for quick install
Includes PDF install guides for MT4 and MT5 folders
Simple package suitable for VPS 24/5 operation

Performances

Results are not independently verified. Run the EA on a demo account for several weeks, record grid frequency, peak exposure and maximum drawdown, and use those figures to size positions before going live.

Avantages

Free to download and quick to install
Single-concept grid design makes behaviour easy to observe during tests
Optimised discussion for gold (XAUUSD), the primary target
Available from AutoFXRebate with PDF install instructions and Telegram support

Inconvénients

Grid basket approach can create large combined exposure without per-trade stops
Provided as a compiled MT4 expert only, so source code cannot be inspected
Requires careful risk sizing and demo validation before live use

Installation

Unzip the package and copy the Expert file into MQL4/Experts (the folder in the zip is 'Robot for Gold Trading EA')
Restart MT4 so the new expert appears in the Navigator
Open XAUUSD on H1, attach the EA and start with the default inputs; keep AutoTrading enabled
Run on a demo or cent account for several weeks and log grid frequency, peak exposure and worst drawdown
For 24/5 operation use a reliable VPS and test on the same broker type you will use live
If you need installation help, download the free package from AutoFXRebate and message the Telegram support

Verdict

This EA suits traders who want a straightforward, price-based grid tool focused on gold and who accept the higher exposure profile of basket systems. It is not a low-risk, turnkey robot: it needs sizing, monitoring and conservative settings.

Start on demo with modest risk, follow the included install PDFs, and only go live when you understand the basket behaviour. Download the free package from AutoFXRebate and ask the Telegram group for installation support if needed.

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.

Robot for Gold Trading MT4 EA

Caractéristiques

How the EA works

What to expect when you run it

Who this suits

Fonctionnalités

Performances

Avantages

Inconvénients

Installation

Verdict

Avertissement sur les risques

Obtenez Robot for Gold Trading MT4 EA gratuitement

Outils associés

Profitable MT4 Gold Forex Robot V2

Gold Strike EA

IS Best Gold EA

Gold Pro EA

Chez quel courtier est ouvert le compte ?