Description

Gold Rush Pro EA – A Complete User Guide for 2024

Alternative Title

Gold Rush Pro EA MT4 – Everything You Must Know Before You Hit “Auto-Trade”

Table of Contents

1. Quick Overview
2. How Gold Rush Pro EA Works
   1. The Core Algorithm
   2. Independent “Cycle” Logic
3. Key Features at a Glance
4. Platform & Account Requirements
5. Gold Rush Pro EA MT4 Installation Tutorial
6. Recommended Settings Explained
   1. Lot & Auto-Lot Controls
   2. Money-Management Tools
   3. News & Time Filters
7. Risk Management Examples
8. Backtest vs. Live Performance
9. Best Practices to Boost Safety
10. Common Questions
11. Final Thoughts

Quick Overview of Gold Rush Pro EA

Gold Rush Pro EA is a high-risk, high-reward Forex expert advisor built for XAUUSD and a handful of other gold-based symbols. The robot runs on MetaTrader 4 (hence the widely searched term “Gold Rush Pro EA MT4”). Unlike many one-size-fits-all bots, Gold Rush Pro is coded around:

• Proprietary detection of short-term reversal zones
• A hedging structure that makes full use of 1:500 leverage
• A martingale-style dynamic grid that aims to close batches of trades (“cycles”) at break-even or better

If you only have a few minutes, remember three points:

1. The EA is pair-specific—do not attach it to EURUSD, GBPJPY, or anything except the author’s approved gold symbols.
2. Use a hedge account; netting accounts will break the logic.
3. You remain in control: inputs let you cap lots, cycles, daily profit targets, and more.

How Gold Rush Pro EA Works

The Core Algorithm

The developer combines several homemade indicators:

• Average Bar Analysis – a moving snapshot of the last n candles to measure strength.
• Proprietary Supply/Demand Zones – not the standard MT4 indicator; coded from scratch.
• Dynamic Grid Spacing – Distance and Pip Steps adapt when volatility expands.

Once an entry signal triggers, the EA:

1. Opens an initial lot (default 0.01).
2. Places additional orders at pre-defined or dynamic gaps.
3. Uses lot exponentiation (e.g., 0.01 → 0.02 → 0.04) to recover earlier drawdown faster.
4. Closes the cycle once MinProfit in dollars or pips is reached—or when an equity-based TP/SL tells it to exit the entire basket.

Independent “Cycle” Logic

A cycle is simply a self-contained strategy unit:

• Start – first position created after a signal.
• Middle – may add more trades based on grid rules.
• End – all trades in that batch close together.

Because cycles are independent, you can run 2, 5, or 15 cycles at the same time. That also means every new cycle adds to margin usage and overall risk.

Key Features of Gold Rush Pro EA at a Glance

Platform & Account Requirements for Gold Rush Pro EA

1. Terminal: MetaTrader 4
2. Account Type: Hedging (check with your broker or open a fresh account)
3. Leverage: 1:500 or higher (lower leverage will limit lot scaling)
4. Minimum Deposit: Rough rule—$200 per active cycle when starting at 0.01 lots
5. VPS: Ping < 20 ms to your broker’s server is ideal

Tip: Ask your broker support chat whether hedge mode is enabled. If not, open a separate hedge account before you even download Gold Rush Pro EA.

Gold Rush Pro EA MT4 Installation Tutorial

Follow the plain-English steps below:

1. Download the EA fileYou will normally receive a .ex4 file from the MQL5 marketplace or the author’s official page.
2. Copy to the right folderFile → Open Data Folder → MQL4 → ExpertsPaste GoldRushPro.ex4 here.
3. Restart MetaTrader 4Or right-click Navigator → Expert Advisors and choose Refresh.
4. Drag onto a valid chart• Symbol: XAUUSD (or any gold symbol the dev approves).• Timeframe: M1 for testing, any timeframe for live trading.
5. Enable Algo-TradingHit the green play button or Ctrl+E.
6. Enter your license key (if applicable) and adjust inputs.
7. Save your templateOnce you fine-tune settings, right-click the chart → Template → Save.

Recommended Settings Explained for Gold Rush Pro EA

Below you’ll find each group of inputs broken into bite-sized notes.

Lot & Auto-Lot Controls

• Initial Lot – Your starting trade size.
• Balance Per Initial Lot – Example: 1000 means every $1 000 raises the initial lot by 0.01.
• Maximum Lot – Safety cap. Enter 0 to remove.
• Max Trades (Cycle) – Hard stop for how deep a single grid can grow.
• Balance Per Cycle – Determines how many cycles run at once.

Example: $2 000 balance, Initial Lot 0.02, Balance Per Initial Lot 1000 → EA opens 0.02 lots; next step up to 0.03 requires $3 000, and so on.

Money-Management Tools

News & Time Filters

1. News Filter = True – EA compares scheduled events vs. symbol.
2. Filter News By Currencies = True – Only news tagged “USD”, “XAU”, etc.
3. Filter By Volatility – Skip only “High Impact” events if true.
4. Start Hour / End Hour – Limit trading to London–NY overlap, for example.
5. Break Time (Minutes) – Cool-down period between cycles.

Risk Management Examples of Gold Rush Pro EA

Below are common balance-to-risk scenarios often shared by users.

Example A – Conservative Starter

• Balance: $1 000
• Start Lot: 0.01
• Max Cycles: 2
• Daily Profit Target: $20
• Daily Equity SL: 5 %

Worst-Case: 2 cycles × $100 SL = $200 (20 % drawdown)

Example B – Moderate Trader

• Balance: $3 000
• Start Lot: 0.02
• Max Cycles: 5
• Daily TP: $60
• Daily SL: 10 %

Worst-Case: 5 cycles × $200 SL = $1 000 (33 % drawdown)

Example C – Aggressive High Roller

• Balance: $10 000
• Start Lot: 0.05
• Max Cycles: 10
• No equity stop, aiming for big growth

Be prepared for full capital loss in the worst market conditions.

Backtest vs Live Performance of Gold Rush Pro EA

Bottom line: treat a backtest as a code-integrity check. Evaluate forward demo results for 3–6 months before you fund a live account.

Best Practices to Boost Safety with Gold Rush Pro EA

1. Stay InformedKeep an eye on Fed meetings, CPI, PMI, and geopolitical headlines. Even with the news filter, unexpected tweets can push gold $20 in minutes.
2. Scale SlowInstead of doubling your lot after a lucky week, withdraw half the gain and raise Initial Lot by just 0.01.
3. Use a Reputable VPSLatency spikes during U.S. jobs data can increase slippage and ruin the tight grid distances.
4. Audit Your BrokerTest for hidden commissions and weekend gap policies. Gold sometimes gaps $5–$10 at the Asia open.
5. Record EverythingExport MT4 trade history weekly. If you notice the EA hitting daily equity SL repeatedly, reduce cycles or lot-size.
6. Never Ignore Rule #1Only invest money you can lose. High leverage + martingale grids can and will blow accounts if you get greedy.

Common Questions Regarding Gold Rush Pro EA

Q1. Can I run Gold Rush Pro EA on MetaTrader 5?A. Not yet. The code is optimized for MT4. Running it under the MT5 compatibility layer is not recommended.

Q2. Does timeframe matter?A. No. The robot reads tick data; timeframe only affects how you see candles. Use M1 when back-testing to get cleaner modeling.

Q3. What is the average monthly return?A. There is no fixed number. Some users see 5-10 % with conservative settings, others blow accounts chasing 100 %+ a month.

Q4. Is martingale safe?A. It depends on your definition of safe. Martingale boosts win-rate but at the cost of rare, large losses.

Q5. Do I need to keep my PC on?A. If you do not rent a VPS, yes. Any disconnect will freeze the EA and may trap open trades.

Q6. Which brokers work best?A. Look for raw-spread, high-leverage brokers with true hedging and gold symbols during Asian hours (when spreads stay reasonable).

Final Thoughts About Gold Rush Pro EA

Gold Rush Pro EA offers a clear value proposition: hands-off gold trading with granular control over cycles, lot sizes, profit targets, and equity stops. The flip side is equally clear—its dependence on martingale grids means capital risk is real.

Use a hedge-enabled MT4 account, start tiny, and monitor live demo stats before going full scale. If you respect risk and treat the robot as a tool within a diversified portfolio, Gold Rush Pro EA can add a productive, though volatile, edge to your trading arsenal.

Vendor Site – Click Here