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Pro Gold is a fully automatic MT4 expert advisor built for XAUUSD. It scalps gold, can stop for the day once a target is reached, and uses averaging and hedging as part of its recovery logic.
Get one message the moment it launches, with its price.
Pro Gold is an automatic expert advisor for MetaTrader 4 that trades one instrument only: gold quoted as XAUUSD. It opens short-term scalping trades, manages them without manual input, and uses averaging and hedging when a position moves against it.
The expert looks for short-term entries on gold and closes trades for small gains. When price moves against an open position, it can add further orders (averaging) or open an opposing position (hedging) in an attempt to bring the basket back to a net gain. The developer describes this as a system for recovering from losses.
Two controls are worth knowing about:
Use it on XAUUSD only. Symbol names differ between brokers, so confirm the exact gold symbol on your account. Because the style is scalping, spread, commission and execution speed matter a great deal. The developer suggests a broker with a thin spread and no commission. Check the recommended chart timeframe in the input descriptions or in the guidance supplied with the product.
The developer gives a very low starting balance for cent accounts and a much higher one for standard accounts. Treat these as the lowest workable figures rather than a safe level. Averaging strategies can need a lot of margin during extended moves, so check what your own lot size and drawdown tolerance require.
Exact input names and defaults can differ by build, so read the Inputs tab before you start. The areas below are the ones to review.
| Area | What to check |
|---|---|
| Lot size | Fixed or balance-based; keep it small enough for the full averaging sequence |
| Daily target | The level at which new trading stops for the day |
| News filter | Whether it is on and how wide the window is |
| Averaging and hedging | Maximum number of added orders and step distance |
| Spread limit | Maximum spread allowed when opening a trade |
The developer can supply a tuned set file on request.
Averaging and hedging can hide losses for a while and then produce a large drawdown if gold keeps moving in one direction. Use a demo account first, keep position sizes modest, and watch your margin level.
Trading carries risk, and you can lose more than you expect. Past results, including any shown on a product page, do not predict future ones. Only trade with money you can afford to lose.
For continuous operation, a VPS with a stable connection is usually a better choice than a home computer.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) only |
| Strategy focus | Gold or XAUUSD, Scalping |
| Delivery | Digital download, no DLL required for the main build |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automatic) |
| Market | XAUUSD (gold against the US dollar) |
| Trade style | Scalping with hedging and averaging recovery |
| Timeframes | Confirm in the settings guidance; not listed here |
| Account types | Cent or standard; low spread and no commission preferred |
| Requirements | Algo trading enabled; VPS recommended for 24-hour running |
No reviews yet. Customers who own Pro Gold can review it here.
No. This product is built for MetaTrader 4 only. It will not load in MT5, which uses a different file format and trading model. If you use MT5, look for a product listed for that platform.
XAUUSD. Your broker may add a suffix or prefix to the symbol name, such as XAUUSDm. Attach the expert to the gold chart your broker provides and check that the contract size and digits match what you expect.
The developer says it can run with any broker but recommends one with a thin spread and no commission. Scalping on gold is sensitive to spread and slippage, so test on a demo account with your own broker first. Check the minimum balance for your account type before going live.
No automated system is safe to leave without monitoring. Averaging and hedging can build large exposure when gold moves one way for a long time. Set lot sizes you can afford, check your margin level regularly, and consider a VPS so the terminal stays connected.
The expert has its own input parameters. The developer also offers a tuned set file on request, so contact them or check the product page for current guidance. Do not assume any single set of values will suit every broker.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4. Restart the terminal or refresh the Navigator, drag the expert onto an XAUUSD chart, and enable algo trading in the toolbar and in the expert's properties.
Pro Gold
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