The Golden Shine EA is a MetaTrader 4 (MT4) Expert Advisor (EA) designed for automated trading with a focus on trading gold (XAU/USD) or other assets based on a custom trading strategy. This EA is often used by traders looking to automate their gold trading strategies, especially in volatile conditions where manual trading may be less effective. The Golden Shine EA typically incorporates features like trend-following, risk management, and multiple time-frame analysis to execute trades automatically based on market conditions.Golden Shine EA MT4 with SetFiles PropFirmsKey Features of Golden Shine EA: Optimized for Gold (XAU/USD): Golden Shine EA is typically optimized for trading gold (XAU/USD), although it may be adaptable to other assets like major forex pairs or commodities. The EA uses a specific strategy that works well with the volatility and liquidity of gold. Trend Following and Momentum-Based Strategy: The EA usually relies on trend-following strategies, aiming to trade in the direction of prevailing market trends. It may use technical indicators like Moving Averages, RSI (Relative Strength Index), and MACD to identify the market’s trend and momentum. The EA may trade on signals generated from trend and momentum indicators, executing orders when the market shows clear signs of a trend continuation or reversal. Risk Management:Like many professional EAs, Golden Shine EA comes with built-in risk management features, such as: Stop Loss (SL) and Take Profit (TP): These are designed to limit losses and secure profits at predefined levels. Trailing Stop: This helps lock in profits as the market moves favorably. Dynamic Lot Sizing: The EA can adjust lot sizes based on your account balance or risk percentage per trade. Flexible Trading Hours:Many versions of the Golden Shine EA allow you to set specific trading hours, so it only trades during your preferred market session or avoids trading during periods of low volatility. Multiple Timeframe Analysis:Golden Shine EA may use multiple timeframes to determine the best entry points. This could be useful for ensuring that signals align across various timeframes before placing trades. News Filtering:Some versions of the Golden Shine EA include news filtering capabilities, preventing the EA from trading during high-impact news events that could cause excessive volatility and slippage. Automatic Trading:The EA runs automatically once installed and configured. You do not need to manually open or close trades, as the EA handles everything from market analysis to trade execution based on the configured settings. SetFiles for Golden Shine EA (PropFirms):SetFiles are pre-configured settings that allow traders to optimize the Golden Shine EA for prop firm trading accounts. Prop firms often have specific trading requirements, such as risk management, drawdown limits, and position sizing. SetFiles designed for prop firms typically ensure that the EA adheres to these requirements and helps traders maintain compliance with the firm’s rules.Key Aspects of PropFirm SetFiles: Risk Management: PropFirm SetFiles are optimized to ensure the EA respects the maximum drawdown limits required by prop firms. These settings are crucial for keeping the account within the risk limits imposed by the prop firm. They often use conservative lot sizes to mitigate the risk of significant drawdowns, ensuring compliance with the firm’s risk tolerance. Lot Size and Scaling: Prop firm settings often include predefined lot sizes that are suited to the funded accounts or challenge account sizes of the prop firm. These settings can prevent the trader from exceeding the allowed risk level per trade. Some SetFiles allow for dynamic lot-sizing based on the account balance, adjusting automatically to accommodate the prop firm’s guidelines. Time Filters:Prop firm SetFiles may include time filters to avoid trading during the off-hours or periods of low liquidity. This can help protect the account from market swings during times when volatility is unpredictable. Compliance with Prop Firm Rules:The SetFiles ensure that the Golden Shine EA complies with the prop firm’s specific rules, including: Risk per trade: Ensuring no individual trade risks more than the allowed percentage of the account balance. Max Daily Drawdown: Adhering to daily loss limits. Max Total Drawdown: Ensuring the overall loss does not exceed the firm’s limit. Optimized Settings for Prop Firms:Prop firm SetFiles typically come with optimized settings based on the prop firm’s guidelines and the current market conditions, allowing traders to get started quickly without having to adjust each parameter individually. Installation & Setup of Golden Shine EA with SetFiles on MT4: Download the Golden Shine EA and SetFiles: Ensure you have the Golden Shine EA and the corresponding SetFiles for prop firm accounts. The EA file typically comes with a .ex4 extension for MT4. Place the Golden Shine EA file in the MQL4/Experts folder in your MT4 data directory. Place the SetFiles in the MQL4/Presets folder. Install the EA: Open your MT4 platform and go to File > Open Data Folder > MQL4 > Experts. Copy the Golden Shine EA .ex4 file into this folder, and then restart MT4 to load the new EA. Load the EA onto a Chart: Open a chart for XAU/USD (gold) or another asset you wish to trade. In the Navigator window, find the Golden Shine EA and drag it onto the chart. Alternatively, right-click on the chart, go to Expert Advisors, and select Golden Shine EA. Load the SetFile: After attaching the EA to the chart, a settings window will appear. Click on Load in the settings window and choose the SetFile that corresponds to your prop firm’s requirements. Ensure that the SetFile is tailored to your prop firm’s trading rules for drawdown, lot size, and risk management. Configure Any Additional Settings: You can customize settings like Lot Size, Stop Loss, Take Profit, and Time Filter to suit your preferences. Double-check that the AutoTrading button at the top of the MT4 platform is enabled (green), allowing the EA to execute trades automatically. Monitor and Test: Once the EA is running, monitor its performance, especially during the first few days, to ensure that it is operating according to the expected strategy. Consider backtesting the EA on historical data to evaluate its past performance and optimize the settings for your trading style. Tips for Using Golden Shine EA with PropFirm SetFiles: Start with Demo: It’s a good idea to first run the EA on a demo account to understand how it behaves before using it on a live prop firm account. Monitor Drawdown: Ensure that the drawdown and risk management settings in the SetFile align with the prop firm’s rules to avoid violating any conditions. Optimize for Market Conditions: If needed, fine-tune the EA for different market conditions (e.g., trending or ranging markets). Some SetFiles may already include optimized settings, but slight adjustments may be needed depending on market volatility. Conclusion:The Golden Shine EA is a powerful tool for automating gold (XAU/USD) trading with a focus on trend-following strategies and robust risk management. When used with SetFiles tailored for prop firm accounts, it helps ensure compliance with specific rules such as drawdown limits and lot sizing while maximizing profitability.If you need assistance with the setup or any specific features, feel free to reach out!===========================================================MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSIONTelegram Channel :https://t.me/AtomFXStoresTelegram Contact : https://t.me/AtomFXStoreEmail : [email protected] DownloadYour files will be available to download once payment is confirmed.Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.Send payment screenshot to:Telegram: https://t.me/AtomFXStoreMail Us: [email protected] After we will provide product within 90 minutes.If you want any proofs of Indicator or have any questions then feel free to messageThank YouDisclaimer:The EAs sold on our channel are not created by us.We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.EA updates are thus not automatic and not guaranteed. No RefundInstant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.

The EURO Scalper EA V1.0 is an Expert Advisor (EA) for MetaTrader 4 (MT4) designed to implement scalping strategies on the EUR/USD currency pair, aiming to capitalize on small price movements. Scalping is a popular short-term trading strategy where traders open multiple positions throughout the day, holding them for a few minutes to capture small profits.EURO Scalper EA V1.0 MT4Key Features of EURO Scalper EA V1.0: Scalping Strategy: The EURO Scalper EA uses a scalping strategy that focuses on capturing small price movements in the EUR/USD pair. Scalping typically involves opening and closing positions quickly, often within a few minutes or even seconds. The EA aims to take advantage of minor price fluctuations that occur during the day, which is why it is well-suited for fast-paced markets. Focus on EUR/USD:The EUR/USD pair is one of the most liquid and actively traded currency pairs in the world. The EURO Scalper EA V1.0 is specifically designed to work with this pair, where the high liquidity helps reduce slippage and provides consistent market conditions for scalping. Low-Timeframe Trading: EURO Scalper EA V1.0 typically operates on low timeframes, such as M1 (1-minute), M5 (5-minute), or M15 (15-minute) charts. These timeframes allow the EA to execute quick trades based on short-term price action and small market movements. Fast Order Execution:Scalping requires quick execution to capitalize on the small price movements, and the EURO Scalper EA V1.0 is designed for fast order execution. It uses advanced algorithms to analyze the market and execute trades swiftly when the conditions are met. Technical Indicator-Based Strategy: The EURO Scalper EA uses one or more technical indicators to identify potential entry and exit points. These indicators could include: Moving Averages (MA): To identify trend direction. RSI (Relative Strength Index): To measure market overbought or oversold conditions. MACD (Moving Average Convergence Divergence): For trend-following signals. The combination of these indicators helps the EA identify the best possible points to enter or exit trades. Risk Management:Like most professional EAs, the EURO Scalper EA V1.0 comes with built-in risk management features, including: Stop Loss (SL): Limits the amount of loss per trade. Take Profit (TP): Automatically closes a trade when a predefined profit level is reached. Trailing Stop: This allows for locking in profits as the market moves in the trader’s favor. Lot Size Management: Traders can set a fixed lot size or use a percentage of the account balance to determine the size of each trade. Small Stop Loss and Take Profit:Given that scalping is focused on small movements, the EURO Scalper EA often uses small stop loss and take profit levels, typically within a few pips. These tight levels help the EA close trades quickly, which is crucial for effective scalping. Time-Based Trading:Some versions of the EURO Scalper EA can be configured to trade only during certain times of the day when liquidity is high and volatility is favorable for scalping. This is often during the overlap of major market sessions (such as the London-New York overlap). No Overnight Positions:Scalpers usually avoid keeping positions open overnight due to the risk of larger price swings. The EURO Scalper EA may be configured to close all trades before the market closes for the day, ensuring no overnight exposure. Installation and Setup of EURO Scalper EA V1.0 on MT4: Download the EA:Ensure you have the EURO Scalper EA V1.0 file. It will usually be in an .ex4 format, which is the compiled version of the EA for use in MetaTrader 4. Install the EA: Open your MT4 platform and go to File > Open Data Folder > MQL4 > Experts. Paste the EURO Scalper EA V1.0 .ex4 file into the Experts folder. Restart your MT4 platform to load the new EA. Load the EA onto a Chart: Open the EUR/USD chart on your MT4 platform. In the Navigator window, under Expert Advisors, find EURO Scalper EA V1.0 and drag it onto the chart. Alternatively, you can right-click the chart, select Expert Advisors, and choose EURO Scalper EA V1.0 from the list. Configure the Settings:Once the EA is applied to the chart, a settings window will appear. In this window, you can customize several parameters, such as: Lot Size: Define the size of each trade. Stop Loss: Set the maximum amount you are willing to lose per trade. Take Profit: Set the profit target for each trade. Trailing Stop: Enable or disable trailing stop functionality. Risk Level: Choose your preferred risk per trade (for example, 1% of your account balance). Trade Time: If applicable, specify the times you want the EA to trade (e.g., during the London-New York overlap). Enable AutoTrading:Once the EA is configured, make sure the AutoTrading button on the MT4 platform is enabled (it should be green). This allows the EA to begin executing trades automatically. Monitor and Optimize: After setting up the EA, monitor its performance on a demo account before going live to ensure that it is working as expected. Backtest the EA using MT4’s Strategy Tester to evaluate its performance on historical data and optimize the settings for better results. Tips for Using the EURO Scalper EA V1.0: Use a Low Spread Broker: Since scalping requires quick entry and exit, choosing a broker with low spreads can make a significant difference in your overall profitability. Start on a Demo Account: It is highly recommended to test the EA on a demo account first to familiarize yourself with its behavior and to ensure that it is performing well. Set Realistic Expectations: Scalping can be a very fast-paced strategy, and profits are typically smaller but more frequent. Don’t expect huge gains from a single trade. Monitor During Trading Hours: Even though the EA can trade automatically, it’s still a good idea to keep an eye on the market, especially during major economic releases, as volatility can affect the performance of scalping strategies. Optimize Settings: Adjust the stop loss, take profit, and lot size according to your risk tolerance. Scalping strategies often work best when the parameters are tuned to market conditions. Conclusion:The EURO Scalper EA V1.0 is a solid choice for traders looking to implement a scalping strategy on the EUR/USD currency pair. With features such as tight stop losses and take profits, fast execution, and customizable settings for risk management, this EA is designed for traders who want to capitalize on small price movements. Scalping can be a profitable strategy if done correctly, and the EURO Scalper EA helps automate the process, reducing the need for constant manual monitoring.Would you like any more detailed guidance on settings, optimization, or anything else related to this EA? Let me know!===========================================================MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSIONTelegram Channel :https://t.me/AtomFXStoresTelegram Contact : https://t.me/AtomFXStoreEmail : [email protected] DownloadYour files will be available to download once payment is confirmed.Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.Send payment screenshot to:Telegram: https://t.me/AtomFXStoreMail Us: [email protected] After we will provide product within 90 minutes.If you want any proofs of Indicator or have any questions then feel free to messageThank YouDisclaimer:The EAs sold on our channel are not created by us.We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.EA updates are thus not automatic and not guaranteed. No RefundInstant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.