GOLD Punakawan EA v2.10 MT4 is a Forex robot designed for use with the XM Broker trading platform. It’s available for free download and offers automated trading capabilities. If you’re interested in exploring this EA, you can find the download link here. Additionally, there are other trading robots like The Gold Reaper MT4 and EA Gold Stuff that cater to specific trading needs.

GOLD Punakawan EA for MT4: A Profitable Gold Trading Strategy

Overview

The GOLD Punakawan EA is designed for MetaTrader 4 (MT4) and aims to provide consistent profits by trading gold (XAUUSD). Here are the key details:

• Minimum Deposit: $1000 (per trading pair)
• Timeframe: Daily
• Currency Pair: Gold (XAUUSD)

Strategy

Unlike many other gold EAs that rely on risky grid/martingale approaches, the GOLD Punakawan EA follows a more stable and effective strategy based on daily support and resistance levels. Here’s how it works:

1. Breakouts: The EA identifies breakouts of daily support and resistance levels.
2. Risk Management: Each trade has predefined take profit (TP) and stop loss (SL) levels. Additionally, a trailing stop loss is used to minimize risk and maximize profits as price moves favorably.
3. Multiple Strategies: The EA includes 7 different strategies that work seamlessly together, resulting in stable growth with occasional losses.

Installation

1. Select a Regulated Broker: Choose a reputable broker that offers gold trading on MT4. Ensure the broker is regulated and trustworthy.
2. Install MetaTrader: Download and install MetaTrader 4 from your broker’s website.
3. Add the EA to MT4:
   • Open a gold chart on the daily timeframe.
   • Drag the GOLD Punakawan EA onto the chart.
   • Set the lot size according to your account balance.
   • For low-balance accounts ($200-$400), consider running only strategies 2, 4, and 7 (lowest drawdowns).
4. Risk Settings:
   • Start with 1% risk per trade using the “Risk per Trade” setting.
   • Backtest the EA and adjust risk as needed.
5. Demo Testing: Test the EA on a demo account for several weeks to a month before using it on a live account.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• GOLD Punakawan EA v2.10 MT4.ex4

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.