GRP-MT4 Guide

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GoldRushVN

Gold Rush Pro


For MetaTrader 4

https://t.me/GoldRushVN

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN

GoldRushVN

GOLD RUSH PRO MT4


USER MANUAL

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
1. Introduction

Hello, my name is Khanh Pham. 🙋‍♂️


I am a Vietnamese indie developer with a passion for finance.
As a trader for many years, I started developing trading algorithms
some time ago.
Now I'm a developer specializing in algorithmic concepts on MQL.
I created my own Gold Rush PRO to stand out from everything else
on the market today. I am always trying to create something new.

Welcome to my guide for the Expert Advisor Gold Rush PRO MT4
(GRP-MT4).

• Gold Rush PRO (XAUUSD):


https://www.mql5.com/en/signals/1940591
https://www.myfxbook.com/members/KhanhPhQ/gold-rush-
pro-mt4/10146031

• Gold Rush PRO (EC/EU/GU):


https://www.mql5.com/en/signals/1940665
https://www.myfxbook.com/members/KhanhPhQ/gold-rush-
pro-mt4-ec/10150177

GRP-MT4 is a big upgrade from my old EA Gold Rush Pro MT4, almost
everything is new. It is built on top of EXNESS data. So let's start from
scratch.

GRP-MT4 is an EA designed for GOLD (XAUUSD) or you can try it on


other currency pairs. The best recommended timeframe is M1.

This EA requires a Hedge account (it is riskier using a net account),


the highest leverage 1:2000 is recommended.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
GRP-MT4 uses algorithms specific to Martingale, which makes the
GRP-MT4 EA completely different from other Martingale EAs. It’s
trading style makes it unique.

It is a risk scalper, use Martingale actively. The robot includes


independent strategies, since each cycle is independent, there can be
multiple cycles at the same time. Therefore, you can determine the
maximum number of concurrent cycles.

What is a cycle? A cycle is a strategy with one signal, one entry and
one exit.

Each cycle is independent, it has multiple orders, it has its own


signal.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
For small traders it is even possible to define a number of active
cycles depending on their current balance.

In order to manage risk more simply, “Daily Target” can be activated


to preserve capital.

But be careful, for the initial 0.01 lot, one cycle equals $100. If you
start with $100, you might lose everything.

Before I continue, I would like to remind you, no one will give you an
EA with 100% straight rate in the market..
If not, they'll be billionaires in a few months and there's no reason to
sell it. I don't sell 100% winrate EA, I part time doing my research,
experience to get good winrate, but obviously EA will be volatile
especially if market conditions change. You should refer to DEMO
signals, not backtests, if you want to see a live performance. All my
signals are public and you can sign up for free with a DEMO account.
Remember that GRP-MT4 is a high risk robot.

You need to take a step back and consider that the goal of the robot
is not to bring about huge profits. Remember that the best fund in
the world has an annual rate of return of 66% and the operation
costs millions of dollars every year. Don't expect to get more without
taking any risks.

I also remind you that we live in extremely volatile times. Interest


rate changes, shortages, geopolitics. These are the factors that have
a strong impact on the market. Manage your risk carefully.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
2. Input

Let’s see the input list:

GRP-MT4 Settings

++++++++++ License Settings ++++++++++

• Password: License to confirm EA GRP-MT4.

++++++++++ General Settings ++++++++++

• Trade With EA Or Just With Button: 2 Martingale trading mode


(true: follow robot trading signal / false: first order trade
manually).
• Min Profit: Lowest profit.
• Distance: Distance of grid line “traction net” compared to price
• Pip Steps: Distance compares next orders, compared to the
previous opened command.
• Lot Multiplier: The lot number of the next order is exponential.
• Use Hedging: Use hedge strategy based on EA's algorithm (true:
use / false: do not use).
• Use Trendline: Use trendline strategy based on EA's algorithm
(true: use / false: do not use).
• Max Spread: Limit spread for the current currency pair (0 = off).
• Break Time (Minutes): Break time until next instruction.

++++++++++ Money Management Settings ++++++++++

• Initial Lot: Set the initial lot for a cycle.


• Auto Button Lot: Automatically place lots for the button (true:
auto / false: enter the lot number in “(Button) Initial Lot”).
• “(Button) Initial Lot: Set the lot for the button.
• Max Trades (Cycle): Limit the number of trades open (0 = off).
• Use AutoLot: Automatically calculate Lot based on the
parameters entered below.

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Gold Rush Pro
For MetaTrader 4
GoldRushVN
• Balance Per Initial Lot (AutoLot): Defines the initial lot of a cycle
based on the balance(0 = off).

For example, if Initial Lot = 0.01, Balance Per Initial Lot = 1000,
Maximum Lot = 0.25.

Initial Lot Balance Per Current Balance Current Initial Lot


Initial Lot
0.01 1000 750 0.01
0.01 1000 1000 0.01
0.01 1000 1550 0.01
0.01 1000 2000 0.02
0.01 1000 2550 0.02
0.01 1000 3000 0.03
0.01 1000 7550 0.07
0.01 1000 25050 0.25
0.01 1000 32000 0.25
• Balance Per Cycle (AutoLot): Set the maximum active cycle
based on the balance (0 = off).

For example, if number of cycle per balance = 200, Maximum number


of active cycle = 10.

Balance per cycle Current Balance Current Active Strategy


200 195 1
200 200 1
200 355 1
200 400 2
200 455 2
200 800 4
200 1955 9
200 2025 10
200 4337 10
• Maximum Lot (AutoLot): Defines the maximum initial lot of a
cycle(0 = off).
https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
++++++++++ Daily Target ++++++++++

• SetMM Plus (+): Highest profit target of the day.

• + Target Day ($): Enter the highest profit target achieved for the day
(Achieving the target will stop trading for that day).

• SetMM Minus (-): Highest loss target of the day.

• - Risk Loss (%): Enter the highest loss target achieved during the day
(Based on % of accounts, reaching the target will stop trading that
day).

++++++++++ Times Settings ++++++++++

• Use Time: Use the trading time limit of the day.


• Start Hour (Hour): Time to start.
• End Hour (Hour): The end time.
• Monday Orders: Trade on Monday.
• Tuesday Orders: Trades on Tuesdays.
• Wednesday Orders: Trading on Wednesdays.
• Thursday Orders: Trading on Thursdays.
• Friday Orders: Deals on Fridays.
• End Time Friday (Hour): Time ends on Friday.
• Saturday Orders: Trade on Saturday.
• Sunday Orders: Trading on Sunday.

++++++++++ News Filter Settings ++++++++++

• Auto Time Offset: Set the broker time zone automatically.


• Server Time Offset: The broker's time zone.
• News Filter: News filter.
• Filter News By Currencies: Filter news by currency.
• Defined Currencies: Defines the currency to be filtered.
• Filter By Volatility: The level of news to filter.
• Update Interval: Update every time.

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Gold Rush Pro
For MetaTrader 4
GoldRushVN
• (Hour) Stop Trading: Before and after the news. “True” Continue
Martingale / “False” Wait Until The End Of News.
• Allow Panel At Chart Right.

++++++++++ Information Settings ++++++++++

• Information: Displays EA information.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
3. Updates

Gold Rush PRO MT4 (GRP-MT4) will be updated over time. Add new
features, as well as fix bugs.

When a new update is available, you will receive a notification on the


Telegram group: https://t.me/GoldRushVN

I recommend updating for GRP-MT4.

If you have any ideas on features to include, please let me know. I


don't promise to do them, but will listen to you as much as I can.

4. Risks

Even though the USD is a stable currency, the world we live in now
can bring many surprises, especially with rising inflation, interest
rates, wars, shortages and risk of recession…

It is important to remember that this is a risky expert-advisor


because it uses martingale strategies.

If many cycles are opened against the trend, it will lead to a


significant drawdown.

It is important to understand and manage your risk well.

Based on 1:2000 leverage, I recommend at very least $200 per cycle


for an initial lot of 0.01.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
5. Bug and errors

If you think you have an error or an issue with Sun, please send me a
report on a private message.

I need, at least, a screenshot of your chart and your orders (with


comment and magic number displayed).

I also need your journal and your expert log.

With all this informations I might be able to help you fast.

If you don't have trade, check this step 1 by 1:

1. Make sure your MT4 is running 24/7.


2. Check if you can read auto trading enabled.
3. Check if you have trade on the strategy tester with the same
settings. If you don't have trade on tester, change the filing type
and retry until you find the good one.
4. Check the spread filter.
5. Check the VPS journal log to see if there is an error.
6. Check, if you are using rent, that your new license is activated
on your MT4.
7. Wait at least 1 day to let time to have a signal.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4
GoldRushVN
6. Selling price of GRP-MT4

So, where do you get GRP-MT4 (latest update) from?

You have a lot of options:

Free of charge:

Send me a direct message to get a License for a DEMO account


(DEMO account ID).

Pay Fees:

Send me a direct message to trade the new version GRP-MT4 live:

+ 399$ for a License, not EXNESS broker (Real account ID).

Pay Less Fees:

Send me a direct message to trade the new version GRP-MT4 live:

+ 99$ for a License when registering under the link


https://one.exness-track.com/intl/en/a/kw6ebqhwhl exchange
EXNESS (Real account ID).

Have a nice day.

Thank you for your interest in GRP-MT4.

Note

I will not actively message anyone to sell GRP-MT4.

Again, people beware of scammers.

Please stay awake.

@kanp110 - I ONLY USE THIS ACCOUNT.

https://t.me/GoldRushVN
Gold Rush Pro
For MetaTrader 4

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