EA Golden Elephant V8.0 MT4 EA Golden Elephant V8.0 MT4 - MetaTrader 4 Resources

introduce

EA Golden Elephant V8.0 MT4 is an automated trading system for MetaTrader 4 that uses a multi-strategy approach that combines trend analysis and price action. It is designed to identify trading opportunities in different market conditions and execute trades automatically with built-in risk management.

Main features

• Fully automatic MT4 trading system
• Multi-strategy logic (trend + price action)
• Continuous market monitoring
• Built-in stop loss and take profit
• Dynamic trade management
• Multiple pair trading capabilities
• Customizable lot sizes and risk settings
• Adapt to trends and scope markets

Recommended settings

• Time frame: M15 or H1
• Currency pairs: major foreign exchange currency pairs (EUR/USD, GBP/USD, USD/JPY)
• Lot size: 0.01 lot per 1000 USD balance
• Risk level: 1%–3% per trade
• Broker Type: ECN or Low Spread Broker
• VPS: 24/7 stability recommended
• Trading Sessions: All Sessions (Continuously Running)

Backtest results

• Shows stable performance under optimized settings
• Performs in both trending and range markets
• Moderate drawdowns and appropriate risk management
• Trading frequency depends on market conditions
• Results vary by broker and spread
• Prospective testing is recommended before actual use

advantage

• Multi-Strategy Trading Approach
• Fully automated and emotionless execution
• Adapt to different market environments
• Support multiple pairs of diversification
• Built-in risk management
• Customizable settings
• Continuous trading ability

shortcoming

• Requires proper setup and optimization
• Performance depends on broker conditions
• Requires VPS for best performance
• Not suitable for very small accounts
• Loss may occur
• No guaranteed profit

Installation and Setup Guide

1. Download EA file (.ex4)
2. Open MT4 → File → Open data folder
3. Paste the file into the MQL4 → Experts folder
4. Restart the MT4 platform
5. Add EA to chart
6. Enable automated trading
7. Set lot size and risk parameters
8. Allow DLL import if needed
9. Stable performance using VPS
10. Test on a demo account before trading for real.

Product screenshots