Gold Shovel


Gold Shovel EA is an Expert Advisor designed specifically for Gold Great British Pound (XAUGBP) on 2 minute time frame chart, built around hedging and controlled recovery of losing trades using a Martingale recovery strategy.

The EA does not simply increase the lot size after every loss. When a trade closes in a loss, it first evaluates the current market conditions using ATR, ADX, and Bollinger Band width. Based on these conditions, the EA determines whether the recovery should be taken on the same side or the opposite side, and then applies the selected recovery lot.

The goal is to give the recovery trade a better opportunity to recover the previous loss while keeping the recovery process controlled and based on market conditions.

Main Features

  • Hedging — Buy and Sell trades can work together as part of the EA's trading and recovery logic.
  • Martingale Recovery — Uses a larger recovery lot after a losing trade to attempt to recover the previous loss.
  • Auto Recovery Mode — Uses ATR, ADX and Bollinger Band width to determine the most suitable recovery direction.
  • Same-Side / Opposite-Side Recovery — The EA can recover in the same direction or switch to the opposite direction depending on market conditions.
  • Reverse Recovery — Optional setting that can reverse the selected recovery direction.
  • Trailing Stop — Available for additional profit protection.
  • Defensive Trailing TP — Can bring the Take Profit closer when a trade is moving toward its Stop Loss, helping reduce the potential loss if price reverses. Off by default.
  • Trading Filters — Allows specific trading days and hours to be selected.

Recommended Account Setup

Gold Shovel EA is designed with larger accounts and long-term use in mind

  • $2,000 account → 0.04 recovery lot
  • $5,000 account → 0.08 recovery lot — Recommended
  • $10,000 account → 0.20 recovery lot

As the account size increases, the EA can operate with a larger recovery lot.

Default Trading Schedule

By default, Gold Shovel EA trades:

Monday • Tuesday • Thursday

02:00 – 22:00

The trading days and hours can be changed in the EA settings.

Tested, Approved and Trusted

Gold Shovel EA -> built for controlled recovery, hedging, and long-term trading on XAUGBP 2minute chart.



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For the expert to work correctly, do not forget to upload the files to the directory of the agreement (... AppData \ Roaming \ MetaQuotes \ Terminal \ Common \ Files) STP is an automated trading adviser based on neurotechnology, working on an hourly timeframe. The Expert Advisor is configured for trading according to the safe trading strategy from levels, involving the opening of short-term deals and closing them when positive profitability dynamics of several points are achieved, which allows
Dragons Risk Shield
Ivan Simonika
Experts
RiskShield Dragon   — Automated Multi-Currency Advisor Combining intelligent algorithms, robust protection mechanisms, and flexible configuration, **RiskShield Dragon** delivers consistent profits with minimal risk. --- ## Key Advantages * **Multi-Currency & Multi-Threaded**: Supports over 20 currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, and more) simultaneously on any timeframe. * **Minimum Deposit from 10,000**: Optimized for trading with a starting balance of 10,000 account uni
Dynamic Pips MT4
Thi Thu Ha Hoang
5 (1)
Experts
️ Possiedi già il  Boring Pips EA ? Hai diritto a uno  sconto aggiuntivo del 30% ! Contattaci per scoprire: Come richiedere il tuo rebate (rimborso) Il secondo mandato di Trump ha riacceso un'ondata di politiche commerciali aggressive, a partire dal ritorno di dazi doganali su larga scala che stanno scuotendo i mercati globali. Le tensioni in Medio Oriente sono aumentate — recentemente tra Israele e Iran — influenzando potenzialmente l’aumento del prezzo del petrolio. La guerra tra R
Double Blow Scalp
Kirill Borovskii
Experts
Double Blow Scalping EA: An Innovative Advisor for MT4, Inspired by Quantum Technologies - Limited Edition!!! Description: Double Blow Scalping EA is a revolutionary trading algorithm for MetaTrader 4 that combines advanced principles of quantum computing and scalping strategy. His work is based on a unique imitation of qubits, the key elements of quantum computers that allow processing multiple market scenarios simultaneously. This gives the Expert Advisor unprecedented analysis speed and acc
TopBottomEA
lizhi fu
4.55 (42)
Experts
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Exp4 AI Sniper for MT4
Vladislav Andruschenko
2.33 (3)
Experts
AI Sniper per MetaTrader 4 — robot di trading intelligente progettato per la precisione AI Sniper è un robot di trading intelligente e adattivo, sviluppato specificamente per MetaTrader 4 . Non è stato creato per essere semplicemente l’ennesimo bot Forex, ma per offrire ai trader una soluzione più precisa, più strutturata e nettamente più professionale. AI Sniper per MT4 combina logica algoritmica avanzata, lettura del mercato in tempo reale ed esecuzione accuratamente progettata per individuare
SFire Gold EA
Jacques Scholtz Fourie
Experts
This EA is a grid-based trading system. It incorporates several advanced features to manage trades dynamically and adapt to market conditions. Here's a summary of its functionality: I am happy to provide my settings file. Recomendation would be to run on a 20 000 cent account. Key Features: 1. Grid Trading Strategy:    - The EA uses a grid-based approach to open buy and sell trades at predefined price intervals.    - It dynamically adjusts the grid levels based on market conditions and risk se
Forex Engine EA
Pablo Salgado
Experts
Forex Engine EA is a professional MetaTrader 4 trading robot built around a structured reversal and mean-reversion methodology. It analyzes swing highs and lows, support and resistance zones, market overextension, and overbought or oversold conditions to identify areas where a price correction or reversal may occur. When price approaches a key resistance zone, the EA evaluates the possibility of selling pressure before considering a sell entry. When price reaches a strong support area, it looks
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Gold Shovel EA
Solomon Kyadondo
Experts
Gold Shovel EA is an Expert Advisor designed specifically for Gold Great British Pound (XAUGBP) on 2 minute time frame chart, built around hedging and controlled recovery of losing trades using a Martingale recovery strategy . The EA does not simply increase the lot size after every loss. When a trade closes in a loss, it first evaluates the current market conditions using ATR, ADX, and Bollinger Band width . Based on these conditions, the EA determines whether the recovery should be taken on th
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