Name: The Golden Water Version: Latest Version Developer by: Samir Arman The Right Platform: Meta Trader 4 (MT4) Our Telegram Team: Join now Our Youtube Channel: Click here
Delivery time 24h-48h after payment.
What is The Golden Water EA MT4?
With 20+ years trading volatile assets like XAUUSD and BTCUSD, I value EAs that remove unnecessary complexity while capturing big moves. The Golden Water EA MT4 is ultra-minimalist yet powerful: places two opposite pending orders that trail the current price continuously, activates one on breakout, trails profit with dynamic stop, and smartly handles reversal by trailing the second pending and closing the basket profitably — no fixed TP/SL, no indicators, no grids.
The EA runs a pure trailing pending breakout system on M5. Two pending orders (Buy Stop + Sell Stop) are placed at a Step distance and continuously move/follow live price. When one triggers:
No initial TP/SL — just starts trailing profit once a predefined profit level is reached.
The opposite pending keeps trailing price.
If reversal hits the second pending → EA stops placing new pendings, trails both positions, and closes the entire basket together when net profit is achieved.
Result: catches strong trends early, trails winners aggressively, turns potential double-hits into basket profit — very clean for momentum-driven markets.