
Hercules Gold VIP is an MT4 expert advisor built for XAUUSD on the daily chart. It offers eight strategy modes, from a scalper to breakout systems, places a stop loss with every order and can filter trades using a news calendar feed.
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Hercules Gold VIP is an automated expert advisor for MetaTrader 4 that trades gold (XAUUSD). It is designed around the daily chart, so it looks for fewer, slower setups than a typical intraday robot, and it attaches a stop loss to every order it opens.
The EA combines several strategy modes in a single program. According to the developer, there are eight of them, and you choose which one to run through the input parameters:
The logic draws on trend direction and support and resistance zones. Orders are sent with a protective stop already in place, rather than the stop being added later.
The EA can read an online economic calendar feed to avoid trading around scheduled news. For this to work, the calendar address supplied by the developer must be added to the list of allowed WebRequest URLs in the terminal. The developer also states that without this feed the Strategy Tester will not give a correct picture, so treat backtests run without it with caution.
The EA is intended for XAUUSD on the daily timeframe. Symbol names differ between brokers, for example with a suffix or prefix, so confirm that your gold symbol is the one on the chart. Running it on other symbols or timeframes is not what it was designed for.
Exact input names and defaults can change between releases, so read the inputs panel when you attach the EA. The areas below are the ones to review.
| Area | What to check |
|---|---|
| Strategy mode | Which of the eight modes is active |
| Lot size or risk | Position size relative to your account and gold contract size |
| Stop loss | Distance used for the protective stop |
| News filter | Whether it is enabled and the calendar URL is allowed |
Gold can move sharply, and daily strategies may hold positions through volatile sessions and gaps. A stop loss limits the planned loss on a trade but does not remove slippage or widened spreads. The developer suggests a minimum deposit of 500 USD, but you should work out what is suitable for your own situation.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests, do not predict future ones. Test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Market | Gold, XAUUSD |
| Timeframe | Daily chart |
| Trade style | Day trading with scalping, trend and breakout logic |
| Stop loss | Placed with every order |
| Minimum deposit | Developer suggests 500 USD; confirm for your broker |
| Requirements | WebRequest allowed for the news calendar URL |
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This listing is for MetaTrader 4 and the file is an MT4 expert advisor. The original description mentions an MT5 version as a bonus, so check the product page or contact the store to confirm what is included before you buy.
It is built for gold, usually quoted as XAUUSD, on the daily chart. Your broker may add a suffix to the symbol name. Attach the EA to one XAUUSD daily chart and check the strategy mode you have selected.
Open Tools, then Options, then the Expert Advisors tab. Tick the option to allow WebRequest for listed URLs and add the economic calendar address given by the developer. Without it the news filter cannot load data, and the developer notes that backtests will not look correct.
The developer suggests a minimum deposit of 500 USD and says the EA works on all account types. Gold contracts differ between brokers, so check contract size, margin and lot steps with your broker and size your positions to your own risk tolerance.
Yes, and that is a sensible first step. Run it on a demo account to see how your chosen strategy mode behaves with your broker's spreads and execution before using real money.
Hercules Gold VIP
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