The Gold Rain MT4 Gold EA is an automated trading tool designed specifically for trading gold (XAUUSD). While there is limited publicly available information about the exact mechanics behind its strategy, a set of core features outlines the EA’s general operational framework and trading behavior. These features suggest that the emphasis is on conservative trade management and compatibility with various trading environments, including proprietary trading firms.
Core Features of Gold Rain EA
One of the primary aspects highlighted in the feature list is the explicit absence of several high risk trading techniques. For instance:
- No Dangerous Money Management Techniques – Broadly, this suggests that the system avoids leveraging position sizes or engaging in strategies that could jeopardize account capital through high risk tactics.
- No Martingale – The GRain EA does not use martingale strategies, which multiply trade sizes after losses in an attempt to recover previous losses quickly. Martingale systems carry a high risk of significant losses in trend-driven markets, so their omission suggests a more risk averse approach.
- No Grid Trading – Grid trading involves placing multiple orders at set intervals above and below a set price, often without a clear stop loss. By avoiding this tactic, the EA may be minimizing exposure to extreme volatility.
- No Averaging – The EA does not engage in trade averaging, a method that involves adding to a losing position in hopes of a turnaround. This can compound losses, so its absence indicates a focus on strict risk control.
- Hard Stop Loss and Take Profit – Each trade is issued with a fixed stop loss and take profit, which reinforces responsible risk management. This also helps ensure predictable risk-per-trade and helps prevent unexpected drawdowns during volatile market conditions.
- Not Sensitive to Broker Conditions – According to the description, the MT4 Gold EA is designed to function effectively regardless of broker specifics such as spreads or execution speed. This could imply that the system doesn’t rely heavily on scalping or latency-sensitive strategies.
- FTMO and Prop Firm Ready – This feature indicates that the Gold Rain EA trades in a way that aligns with common prop firm requirements, possibly by adhering to strict risk thresholds and avoiding erratic performance that could violate firm rules.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this GRain EA works, before using it in a real account.
Recommendations for MT4 Gold EA
- Minimum account balance of 100$.
- EA is specially made to work on XAUUSD. (Work on any currency pair)
- It works best on M30. (Work on any TimeFrame)
- MT4 Gold EA should work on VPS continuously to reach stable results. So we recommend running this Gold Rain EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
1ms Latency to Your Broker
100% Uptime Guarantee
Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
Up to 90% profit splits
800+ Financial Markets
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Conclusion
The Gold Rain EA presents itself as a conservative and disciplined trading tool, explicitly avoiding high risk strategies like martingale and grid systems. Its use of strict stop losses and compatibility with prop firms may appeal to traders seeking controlled exposure. However, transparency about how this MT4 Gold EA actually trades is limited.
Another EA with small tp and huge sl the R:R is 1:13 just 1 lose and you can say goodbye to whole month profit. BTW the author deleted his live signal look like it burned