Golden Surfer EA V1.31 MT4

Introduction

The Golden Surfer EA V1.31 MT4 is crafted for traders who live by the rhythm of the gold market. It’s built on an intelligent wave-detection engine that times entries at market crests and troughs—just like a surfer waits for the perfect wave. Instead of chasing after perfect-looking backtests, this EA focuses on live profitability through adaptive volatility logic, real-time filters, and precision exits.

If you’ve ever wished for a hands-free system that “rides the gold waves” while keeping risk under control, Golden Surfer EA delivers that balance.

Strategy Overview

1. Wave Identification Module: Detects intraday momentum waves on M15–H1 charts.
2. Volatility Guard: Adjusts stop-loss & take-profit distances dynamically via ATR filter.
3. Smart Entry System: Confirms with EMA cross + candle momentum + volume weighting.
4. Dynamic Exit: Partial profit bookings + auto trail to maximize wave length.
5. Capital Safety: No martingale, no grid stacking — only risk-controlled entries.

Why Version 1.31 Is Special

• 🌀 Improved Wave Timing Algorithm: Enhanced precision on micro-retracements to enter early yet safe.
• ⚙️ Smart News Pause: Auto-suspends during high-impact economic events like FOMC or NFP.
• 💰 Equity Guard: Prevents trading beyond daily drawdown limits — ideal for prop-firm tests.
• 🔄 Multi-Timeframe Integration: H1 trend + M15 execution for maximum confirmation.
• 🚀 Faster Execution Core: Optimized for low-latency ECN brokers and VPS traders.

 

Basic Setup Guide

1. Copy GoldenSurferEA.ex4 into MQL4 > Experts.
2. Restart MT4 and attach to XAUUSD M15 or H1 chart.
3. Enable “AutoTrading” (green icon top right).
4. Load preset file GoldenSurferV131.set if available or use defaults below.
5. Check terminal “Experts” tab for initialization success.
6. Run demo 5–10 days to familiarize yourself with trade timing & behavior.

Suggested Parameters

• RiskPerTrade: 1 % (default)
• MaxTrades: 2
• TakeProfit: 150 points (variable via ATR)
• StopLoss: 90 points (dynamic)
• TrailStart: 80 points
• TrailStep: 15 points
• NewsFilter: True
• TradingSessions: London + NY only
• CloseFriday: True (at 21:00 GMT)

Performance Behavior

• Average Win Rate: 70 – 78 % on prop-safe settings
• Expected Monthly ROI: 5 – 10 % with 1 % risk/trade
• Max Drawdown: Under 10 % (observed on default settings)
• Trade Frequency: 3–8 trades/day during active sessions

Risk Management Tips

✅ Use fixed lot size or percentage risk per trade.
✅ Avoid running multiple gold EAs simultaneously on the same account.
✅ Stop EA during extreme news (NFP/FOMC).
✅ Consider 1:500 leverage for margin efficiency, not for over-leveraging.

Ideal For

• Gold Scalpers wanting wave-based entries.
• Swing Traders looking for MT4 automation with clear risk control.
• Prop Firm Applicants needing steady low-drawdown performance.
• Algorithmic Traders avoiding high-risk grid/marti systems.

User Experience

“Golden Surfer EA catches the momentum waves on gold beautifully. I love the smooth equity curve and the discipline it maintains even in volatile conditions.”
— Daniel R., Dubai-based funded account trader

“No more manual overtrading! This EA rides the market like a pro surfer while I focus on risk management.”
— Sophie K., London

Troubleshooting Checklist

• ❌ No Trades? Ensure AutoTrading = On and News Filter not blocking events.
• ⚠️ Off Quotes / Invalid Stops? Broker spread too high — try Raw account.
• 💡 EA Stops Mid-Week? Daily Drawdown limit hit — check Equity Guard log.

DOWNLOAD NOW