Gold Catcher EA is an automatic trading robot to trade Gold(XAUUSD). It is a robot specifically adapted to withstand the high volatility conditions usually seen in gold. Its a strategy based on a series of indicators that measure the strength of the market to enter trades, when market conditions allow it.
Key Takeaways
- Gold (XAUUSD) trading robot for MetaTrader 4, tuned for gold volatility
- Available in V1 and V2 versions
- Gold news spikes are the main risk; a hard stop is essential
- Use small lots, a low-spread gold account, and demo first
You can configure fixed or martingale lot, risk level, and the maximum number of trades open at once. It does not use stop-loss, so the lottery should not be abused. At lower time Frames, it is riskier, so it should be used with caution and a higher balance.
This EA has a draw-down around 10% – 30% and monthly growth of ~40+%
How Gold Catcher EA Trades Gold
Gold Catcher EA is an automated MetaTrader 4 robot built specifically for gold (XAUUSD). Gold is a different animal from the major currency pairs: it moves fast, ranges hard intraday, and reacts violently to news. Gold Catcher is tuned for those conditions, which is sensible, because a robot built for EUR/USD usually struggles on gold’s larger, sharper swings.
The flip side of trading gold is that the same volatility that creates the opportunity is what punishes loose risk control. A gold robot run without a hard stop, or on a wide-spread account, can give back a long run of gains in a single news spike. The strategy matters less than the discipline you apply around it.
Settings and Risk
- Keep lot size small; gold’s point value is large relative to a normal forex lot.
- Confirm a hard stop on every trade and a max-spread filter for XAUUSD.
- Use a low-spread gold account; wide spreads erase the edge.
- Pause it around major news (NFP, CPI, FOMC) where gold spikes hardest.
Recommendation
- Minimum Account Balance of 1000$ for 0.01 Lot or equivalent cent/micro/… account
- It is recommended to Run This EA 24/5
- Recommended Pair XAUUSD/Gold(obviously), Gold Catcher still works with other pairs but recommended to tinker with settings for use in other pairs.
- 30M/H1 Time Frames Recommended
- ECN Broker Recommended (Find the Perfect Broker For You Here)
As with any trading instrument, there is no single “best” way to trade gold. Many traders from other markets have found that the technical trading strategies they employ on other instruments can easily be adapted to the gold market, especially given gold’s tendency to form durable trends.
Developer
- Read More How To Choose A Good Forex Broker
Gold Catcher EA
A free MT4 robot built specifically for gold (XAUUSD), tuned for gold's high-volatility conditions.
Pros
- Purpose-built for gold (XAUUSD) volatility
- Two versions (V1 and V2) to choose from
- Adjustable lot and risk settings
- Fully automated gold trading
Cons
- Gold news spikes can hit stops hard
- Needs a low-spread gold account
- No verified live track record
- Demo testing essential
Summary
A free MT4 robot purpose-built for XAUUSD. Tuning for gold's larger, sharper swings is the right idea, and the V1/V2 options give flexibility. The risk is gold's news volatility, so it needs small lots, a hard stop, a spread filter, and a low-spread account. Fair to test on demo.
- Read More SPARTA EA – [Cost $320] – For Free
Conclusion
Gold Catcher EA is a fair free option if you specifically want automated gold trading and you respect gold’s volatility: small lots, a hard stop, a spread filter, and a low-spread account. Treated that way it is worth testing on demo; run loosely, and a single news spike can undo weeks of gains.
Frequently Asked Questions
More gold robots: browse the Gold EA and XAUUSD collections, the Best Gold Robot, or the Gold Mining EA.
You are doing a good job.
can you upload EA CR7 V2 or CR7 V3 unlocked? Greetings.
this one works nicely with good settings, 50 usd demo account to 70+ usd profit in 5 hours
Nice
Hi, did you increase your lot size, because mine has only done 4 dollars in 18hrs
Does anyone have the settings for this thanks?
Please share settings so I can run it the best way.
Hi, Thanks to sharing good EA, but how do I change lot size? When I setting 0.01 lot, and EA always use more lots.
I had a backtest of it and the results are as follows
PAIR XAUUSD MODELLING QUALITY 90%
DEFAULT SETTINGS OF THE EA
TIMEFRAME M30 IS BEST FOR BOTH
SPREAD 10
DATE 1-10-2020 TO 31-10-2020
1. GOLD CATCHER V1(ONLY BUY)
GIVES 7.27$ IN 1000$ ACCOUNT
2. GOLD CATCHER V2
GIVES 1.75$ IN 1000$ ACCOUNT
Please how can i get the Robot v1 sir gold catcher buy only
Can this EA run on real account?
Yes
I admin, can you please teach us how to adjust the lot size pls. The EA sets it own lotsize. Thank you
Does anyone know how to increase the size of the position? Only 0.1 in 1000
Ea works in real account. And depend its starting lot size to its equity size.
Works in real account ? and whats time works ??
Works in real account. Im using this ea in tf m5
hi , account is still profitable??
are both V1 and V2 used at the same time?
Admin
Pls try this one > Gold-Secret EA
It work well,
hi your account still profitable?
do u have gold secret ea
I think its lot size depends with the broker. I am using 2 different brokers for its demo. One use 0.01 and the other one use bigger lot size 0.03.
whats the update on the performance
kindly update it works or not
Profit $15 / day, on $500 account standar Forex4You broker.
Use it TF M1, on EU, GU, EJ.
Hope this will profit all the time.
Is it still profitable?
ok, I’ve tested it in gold and it blows the account in 1 day, don’t use it on gold guys or any pairs it uses martingale and open trade versus the trend
i backtest, but have this errow. Anyone tell me why?
2021.08.27 15:18:12.916 2018.11.15 05:38:01 FFCal XAUUSD,M15: FFCal Error – Web page download was not complete!
Please how do i get to buy this Robot Gold catcher buy only V1
How can i please buy this Robot gold catcher V1 buy only
It works best with gold, I have been using it for a week now I have never lost any trade on gold. Mind u, this is a live account.