Question 1

What type of strategy does Gold Angel EA MT4 use?

Accepted Answer

It uses a rule-based algorithmic strategy with wide profit targets. It focuses on capturing larger moves rather than frequent small trades.

Question 2

Is it safe?

Accepted Answer

Yes. You can enable Enable MM Auto Lot if you prefer risk-based position sizing instead of fixed lots.

Question 3

Does it have Trailing Stop?

Accepted Answer

Trailing Stop is not visible in the current settings. The EA uses fixed Stop Loss and Take Profit by default.

Question 4

What is the risk level?

Accepted Answer

Low to Medium — thanks to fixed Stop Loss and no Martingale. Actual risk depends on your chosen lot size.

Question 5

Is Step Open used for Grid trading?

Accepted Answer

The parameter Step open = 90 suggests the EA may open additional positions at intervals. However, the developer states it does not use Grid or Martingale strategies.

Gold Angel EA MT4 v1.11 add SetFilesPremium

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