Greedy Golden EA V1.90 MT4

The forex and commodities markets are filled with opportunities, but gold trading remains one of the most attractive for investors worldwide. Known for its volatility and safe-haven appeal, XAUUSD (Gold) offers consistent profit potential when traded with the right tools. This is where Greedy Golden EA V1.90 MT4 steps in. Designed specifically for MetaTrader 4 (MT4), this Expert Advisor (EA) combines trend-following strategies with scalping techniques to maximize returns while managing risk effectively.

In this blog post, we will explore the features, benefits, recommended settings, and performance of Greedy Golden EA V1.90, helping traders understand how this EA can transform their trading journey.

What is Greedy Golden EA V1.90 MT4?

Greedy Golden EA is a fully automated trading robot tailored for gold (XAUUSD) on MT4. The V1.90 release introduces improved trade execution, better risk controls, and enhanced adaptability to volatile conditions. Unlike many traditional EAs that rely on a single approach, Greedy Golden EA combines:

• Trend Trading: Captures long-term moves in gold prices during trending markets.

• Scalping: Executes short-term trades during ranging markets, ensuring continuous opportunities.

This dual strategy makes it highly versatile for traders who want exposure to gold without sitting at their screens 24/7.

Key Features of Greedy Golden EA V1.90

1. Optimized for Gold (XAUUSD):
   Specifically designed to exploit the volatility and liquidity of the gold market.

2. Dual Strategy Model:
   Switches between trend-following and scalping, depending on market conditions.

3. Adaptive Risk Management:
   Features like dynamic stop loss, trailing stops, and customizable risk per trade.

4. High Win Rate Backtests:
   Previous versions have demonstrated 74–89% win rates in different scenarios, though results may vary depending on broker and settings.

5. User-Friendly Setup:
   Installation is straightforward on MT4. Traders simply attach it to their XAUUSD chart and set parameters according to their capital and risk appetite.

6. News & Volatility Filters:
   Helps avoid high-risk trades during major economic announcements or sudden price spikes.

Recommended Settings

While Greedy Golden EA V1.90 is adaptable, here are the commonly recommended settings:

• Currency Pair: XAUUSD (Gold)

• Timeframes: M5, M15, M30 (M15 often suggested as the most stable)

• Minimum Deposit: $500 (though higher is advised for better risk management)

• Leverage: 1:500 or higher for optimal flexibility

• Broker Type: ECN/STP with low spreads on gold

• VPS Hosting: Strongly recommended for 24/7 uninterrupted operation

Performance Overview

One of the selling points of Greedy Golden EA is its performance record. Based on backtests and reported live trading:

• Backtests showed over 80% win rates in favorable conditions, with drawdowns ranging between 14–26%.

• Live Trading claims include a +643% growth on a $200 deposit across 65 weeks with a controlled drawdown of ~14%.

• Shorter live tests reported ~210% profit in just 18 weeks.

While these results are promising, traders should remember that past performance does not guarantee future results. Market volatility, broker conditions, and risk settings play a significant role.

Advantages of Using Greedy Golden EA

1. Hands-Free Trading – Automates gold trading without emotional interference.

2. Diversified Strategy – Can profit in both trending and ranging markets.

3. Capital Growth Potential – Historical results show small accounts can scale quickly.

4. Risk Control – Adjustable settings allow traders to define maximum drawdown tolerance.

5. Scalability – Works well with both small and large capital, provided risk parameters are tuned properly.

Risks and Considerations

Every EA, no matter how advanced, comes with risks:

• Broker Dependence: Performance varies across brokers due to spreads, slippage, and execution speed.

• Drawdowns: Backtests show drawdowns of up to 25–50% in stress tests, meaning traders should be prepared for equity dips.

• Over-Optimization Risk: Results may look impressive in tests but could differ in live markets if conditions change.

• Gold Volatility: XAUUSD is highly sensitive to news events, meaning sudden spikes may lead to unexpected outcomes.

How to Use Greedy Golden EA V1.90 MT4 Effectively

1. Start with Demo Testing
   Always test the EA on a demo account before going live.

2. Risk Management
   Never risk more than 2–5% of your account balance per trade.

3. Use VPS Hosting
   A VPS ensures your EA runs continuously without internet interruptions.

4. Monitor Economic Calendar
   Pause trading during high-impact gold news events if volatility filters are off.

5. Gradual Scaling
   Begin with a small deposit, then scale up as you gain confidence in its performance.

Why Choose Greedy Golden EA V1.90 Over Other Bots?

Unlike many “plug-and-forget” EAs, Greedy Golden EA has been refined through multiple versions, with V1.90 being one of the most advanced. Its adaptability, performance record, and dual-strategy approach make it stand out. For traders who primarily focus on gold, it provides a tailored solution that’s hard to find in generic forex EAs.

Conclusion

The Greedy Golden EA V1.90 MT4 offers traders an advanced, automated approach to trading gold. With its trend-following and scalping hybrid strategy, adaptive risk management, and proven backtest history, it can be a valuable tool for both beginners and experienced traders. However, like any trading system, it should be used with caution, realistic expectations, and disciplined money management.

If you’re looking to enhance your gold trading strategy with automation, Greedy Golden EA V1.90 may be worth considering as part of your trading toolkit.