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Goldbot One is an MT4 expert advisor that trades breakouts of support and resistance levels on gold (XAUUSD), running eight strategy variations on the daily chart with stop loss, take profit and trailing exits.
Get one message the moment it launches, with its price.
Goldbot One is an automated expert advisor for MetaTrader 4 that focuses on a single market: gold, quoted as XAUUSD. It looks for price breaking through support and resistance levels on the daily chart and manages each position with fixed and trailing exits.
The expert advisor runs eight variations of one breakout idea. Each variation uses its own parameters, so the strategies do not all react to the market in the same way. Every strategy holds at most one trade at a time, which keeps the position count easy to follow and makes it clear which strategy opened which trade.
Each trade has a stop loss and a take profit. On top of those fixed levels, the EA can trail the stop to follow a move that goes in its favour, and it can also trail the take profit so that a trade may be closed earlier if price turns against the open position. The EA is also designed to scale its internal values to the current gold price, so it does not rely on fixed price distances.
An information panel can be shown on the chart to display the state of the EA. It is controlled by the ShowInfoPanel setting. If you use a 4K display and the panel looks too small, there is a size adjustment setting that you can raise.
Because it works on daily data, trades are not frequent, and the strategy is meant to be judged over months and years rather than days.
The main choices are about position sizing. Check the full input list in your terminal after loading the EA, as the exact names and defaults are shown there.
| Setting | Purpose |
|---|---|
| Lotsize Calculation Method | Choose how volume is calculated; the recommended option is use Max Risk Per Strategy |
| Max Risk Per Strategy | Percentage of the account risked per strategy; the developer suggests 3, 6 or 10 for low, medium or higher risk |
| ShowInfoPanel | Shows or hides the information panel on the chart |
| Infopanel size adjustment | Scales the panel on high resolution screens |
Preset files may be available from the developer. If you are unsure about any value, test it on a demo account before using real funds.
Run the Strategy Tester on XAUUSD, daily timeframe, using the every tick modelling mode. Use a period of at least one year, and preferably longer, since the strategy is long term. Results depend on data quality, spread and broker conditions.
Trading carries risk, including the loss of more than you expect. Backtest and demo results, and any past results, do not predict future ones. Choose a risk setting you can afford and do not trade money you cannot afford to lose.
Make sure your broker offers gold with a symbol the terminal can trade, and check the contract size and spread before going live.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Market | Gold, XAUUSD |
| Timeframe | Daily chart (D1) |
| Trade style | Breakout, trend following, support and resistance |
| Position handling | One trade per strategy, eight strategy variations |
| Exits | Stop loss, take profit, trailing stop, trailing take profit |
| Requirements | AutoTrading enabled and web request URL allowed in the terminal |
No reviews yet. Customers who own Goldbot One MT4 can review it here.
No. This listing is the MT4 build and runs only in MetaTrader 4. MetaTrader 5 uses a different file format, so you would need the separate MT5 version of the product.
The tool is designed for gold, so attach it to an XAUUSD chart set to the daily timeframe. Some brokers add a prefix or suffix to the symbol name, for example a trailing letter or dot. Check how your broker names gold before you start.
The expert advisor reads time information from a web service, and MetaTrader 4 blocks web requests unless the address is on the allowed list. In Tools, Options, Expert Advisors, tick the option to allow web requests and add the worldtimeserver.com address given in the product instructions. If the URL is missing, the EA may not work as intended.
Set the lot size calculation method to use the maximum risk per strategy, then enter a percentage in the Max Risk Per Strategy field. The developer suggests low, medium and higher values for different risk appetites. Test them on a demo account first and pick a figure that suits your account size and tolerance for drawdown.
Use the Strategy Tester on XAUUSD with the daily timeframe and the every tick modelling mode. Test a period of at least one year, ideally longer, because the approach is long term. Backtests depend on the quality of the historical data and do not predict future results.
Goldbot One MT4
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