EA Golden Elephant MT4 - super profit in a short time
EA Golden Elephant with an aggressive trading algorithm is designed to rid this world of poverty once and for all. But seriously, with proper use, it is really capable of being highly profitable - over 100% profit per month on one pair. As you might guess from the name, the robot will be of interest primarily to supporters of the Gold (XAUUSD).
Сharacteristics of the EA Golden Elephant
Platform: Metatrader4
EA version: 8.0
Currency pairs: Gold (XAUUSD)
Trading Time: Around the clock
Timeframe: M5, M15
Minimum deposit: 1000$ (per trading pair)
Trading algorithm
According to the author, the EA's trading algorithm effectively detects trend reversals on the XAUUSD pair, filters out various market noise, and accurately generates market entry points.
Aggressive trading of the EA and the use of a grid of orders with averaging makes it a highly profitable trading tool, but, as you know, this is directly associated with a high risk of losing all funds.
This short video clearly shows how the EA works in testing mode:
It can be seen from the video that if the trend does not coincide with the direction of the open position, the EA opens a grid of 4 orders (can be changed in the settings) with an increased lot without stop loss. It is clear that this method of trading is very dangerous, and if the price does not return to its original level, the adviser will lose the entire deposit.On MyFXBook you can find several monitorings of this EA, but all of them are less than a year long:
EA Golden Elephant DemoEA Golden Elephant MT4 - super profit in a short time
EA Golden Elephant SN 100 USDEA Golden Elephant MT4 - super profit in a short time
EA Golden Elephant SN 200 USDEA Golden Elephant MT4 - super profit in a short time
Of course, it is difficult to imagine the work of the EA Golden Elephant in the long term based on these short-term monitoring. But, I would not be engaged in reinvestment, but would monthly withdraw the profit earned by the robot.
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