In the world of Forex trading, automated trading software has become a popular tool for traders. Among these tools is the Gold Digger EA MT4, a Forex robot that has been praised for its profitability and efficiency, particularly for night-trade Forex. This review provides an in-depth analysis of this software, its features, and how it operates in the Forex market.
What is Gold Digger EA MT4?
The Gold Digger EA MT4 is a scalper EA, known for its highly profitable gold scalping technique. It is designed to operate during the night, making trades automatically while the user sleeps. Each trade it makes comes with a hard and fixed Stop Loss, and it uses a hidden profit booking mechanism to automatically book profits when the desired level is reached.
How does it work?
Gold Digger EA MT4 is built to focus on long-term stable profits with high returns. Itโs possible to witness a few days of a flat curve, but the software is designed to grow your account steadily with low drawdowns and safe returns. The mantra of this software is โForex is not a race, itโs a business in which 99% fail because they lack patience. Be the 1%.โ
Interestingly, the software does not use harmful strategies such as Martingale or Grid, which makes it extremely safe and highly profitable with the lowest possible drawdown. Itโs also compatible with recommended brokers like ICMarkets raw spread account or Tickmill Pro account.
Setting up Gold Digger EA MT4
The software is designed to work 24/5, even during news releases. Setting up the EA according to your account size is straightforward. For an account size of $100 or $1,000, the MM_Position_Sizing should be set at 4000 or above, and the PriceTooClose parameter should be changed from 400 to 1. The software only operates on the GOLD pair with an M5 timeframe and requires a minimum deposit of $100 and a minimum leverage of 1:500.
Notable features
Among the notable features of the Gold Digger EA MT4 include its insensitivity to broker conditions, ease of installation, suitability for FTMO, ability to work during โHigh Newsโ times, and its ability to be back-tested at any broker. It also has extremely simple settings to use.
FAQs
Is Gold Digger EA MT4 safe to use?
Yes, the Gold Digger EA MT4 is safe to use. It does not employ harmful strategies, and it has a fixed Stop Loss for each trade.
Can I backtest this software?
Yes, Gold Digger EA MT4 can be back-tested at any broker, making it a flexible tool for Forex trading.
What is the minimum deposit required?
The minimum deposit required to use the Gold Digger EA MT4 is $100.
Can I use this software if I am a beginner?
Yes, the Gold Digger EA MT4 is designed to be user-friendly and can be used by both beginners and experienced traders.
For more information and independent testing of this product, visit forexroboteasy.com. You can also subscribe for updates on the testing results of this product. If you have used this product, feel free to share your experience. Remember, this is an independent product review, and the aim is to provide an unbiased analysis of the Gold Digger EA MT4.
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