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Discover Gold Miner 46 2026 review with verified low-risk stats, average win rate and drawdown, and actionable analysis to guide your purchase decision.
Core approach and methodology
Powerful capabilities designed for professional trading
Buy-only averaging strategy that opens additional positions on retraces
Step-by-step take profit mechanism with incremental partial closures
Equity-based close options to enforce stop equity and close equity targets
Designed specifically for MT4 with compatibility for Islamic accounts
Low trade frequency targeting steady growth and lower churn
Downloadable Excel guidance for minimum balance and sizing
This expert advisor is designed for these trader profiles
Conservative traders seeking steady long-term growth with low drawdown exposure
Investors wanting buy-only strategies compatible with Islamic swap-free accounts and clear rules
MT4 users who prefer automated slow trading and position averaging
Demo testers and cautious traders who will verify Excel minimum balance requirements
This 2026 review presents a practical analysis of Gold Miner 46 performance based on the EA description, developer notes, and user-reported outcomes. The review highlights that Gold Miner 46 is authored by Catur Sulistiyanto A Md Tem, priced at $30, and rated 4.5/5 across 100 reviews, and it focuses on a deliberate, low-risk trading cadence without conventional stoploss placement. The analysis shows the EA relies on repeated buy entries as price moves lower and then exits through staged take profit levels or equity-based closure rules. Gold Miner 46 is unique for its buy-only design and optional equity close parameters that allow an account-level safety net. The algorithm will add positions while the market declines and cease adding when configured maximum price or floating conditions are met, then step out of positions as specified take profit levels are reached. On MT4 the EA works best on accounts that accept free swap settings, and the developer explicitly recommends testing via demo and consulting the provided Excel for minimum balance and position sizing guidance. In live conditions Gold Miner 46 tends to produce fewer, longer-duration trades focused on slow account growth rather than frequent scalps. Risk is concentrated in extended adverse moves without a per-trade stoploss, so effective use depends on conservative lot sizing and sufficient equity to support averaging. Users should expect modest monthly returns with occasional sizeable floating drawdowns that resolve over time if markets recover. For transparency-minded traders the EA provides clear parameters and practical controls, but it requires disciplined testing and conservative capital allocation.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Step-by-step instructions to get Gold Miner 46 running on your MT5 platform
Install Gold Miner 46 by copying the EA file into the MT4 Experts folder, restarting MT4, and attaching the EA to a chart. Configure key parameters including initial lot size, maximum averaging steps, take profit step values, and the close equity and stop equity levels to limit account drawdown. Use a broker that supports MT4 and offers swap-free or Islamic accounts if you intend long holds. Optimal timeframes are H1 or H4 to match the low-frequency trading style and reduce noise. Always test on a demo account first and verify minimum balance requirements using the included Excel file before trading live.
Download Gold Miner 46 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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Gold Miner 46 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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