Automated Gold Trading with MT4

This paper reports the performances of expert advisor (EA) strategies that are tested on the popular metatrader4 (MT4) platform. The results show the profitability and stability of the strategy; for the test period of July 2013 to March 2014 on per minute (M1) data, the net profit return is nearly four times based on an approximate 45% winning rate, providing evidence that the trading strategies have room for improvements but can also run efficiently in micro-accounts. Further development work is to be performed for reduction of the average loss trade and maximal drawdown