Saviour Gold EA V8.0 MT4 Review: High-Risk Grid Strategy with Price Indicators - FREE DOWNLOAD

By: Swarnalata

Published on: May 19, 2025

Introduction

Are you hunting for an Expert Advisor that combines multi-indicator analysis with a powerful grid strategy? Saviour Gold EA V8.0 MT4 might be the one. Built exclusively for MetaTrader 4, this EA fuses Price Channel, Pivot Points, and Price Action to deliver deep market insights. While many EAs promise modest returns, Saviour Gold EA swings for the fences—doubling a $100 account in just 2–3 weeks is within reach… if you can stomach the drawdown. In this review, we’ll unpack how it works, what pairs and timeframes to use, and whether the risk-to-reward profile fits your trading style.

What Is Saviour Gold EA V8.0?

Saviour Gold EA V8.0 is a professional forex robot tailored for high-frequency, high-risk traders. Unlike simple moving-average crossovers, it integrates three core analytical tools: Price Channel for volatility bands; Pivot Points for support/resistance zones; and Price Action to confirm entry signals. This triple-indicator approach aims to filter noise and pinpoint high-probability setups. On top of that, it layers a grid mechanism that scales in and out of positions, seeking to capture swings across small pip ranges.

Key Strategies & Indicators

Price Channel
• Defines dynamic upper and lower boundaries based on recent price extremes
• Helps the EA gauge overbought and oversold conditions to trigger entries

Pivot Points
• Marks daily, weekly, and monthly support/resistance levels
• Guides take-profit and stop-loss placement around key market pivots

Price Action
• Analyzes candlestick patterns (pin bars, inside bars, engulfing bars)
• Confirms trend continuation or reversal before committing real capital

By blending these tools, Saviour Gold EA filters weak signals and focuses only on confluences—when Price Channel breaks align with pivot tests and clear price patterns.

Advanced Grid Strategy

The grid strategy in V8.0 is not a basic ladder of orders. It applies adaptive spacing based on market volatility and ATR readings, widening or tightening the grid dynamically. Here’s how it works:

Initial Entry: A signal from the indicator suite triggers the first position.

Grid Layers: If price moves against the initial trade by a predefined number of pips, the EA adds new orders at adjusted lot sizes.

Scaling Out: Partial profits are taken as price returns toward the mean, helping to lock in gains.

Final Exit: Once a cumulative profit target or a maximum drawdown threshold is reached, the grid closes entirely.

This approach can accelerate gains in ranging markets, but it also means drawdowns can spike if the trend continues unabated.

Supported Timeframes & Currency Pairs

Saviour Gold EA V8.0 shines on the following settings:

Timeframes: M1, M15, H1

Pairs: EURUSD, GBPUSD, AUDCAD, USDJPY, AUDUSD

M1 offers rapid signal frequency, while H1 smoothes out noise—choose based on your VPS stability and spread considerations. The EA’s parameters are fully customizable to suit both low-latency ECN accounts and standard broker setups.

Minimum Deposit & Risk Profile

This EA caters to two risk-tier approaches:

$100 Deposit (High-Risk): A small account can double in 2–3 weeks, but expect drawdowns up to 40–50%.

$1,000 Deposit (Safer): Scaling up reduces relative drawdown and smooths the equity curve.

Risk management settings allow you to cap the maximum drawdown, set a hard stop-loss for each grid, and limit consecutive losing grids in a row.

Backtesting & Performance Potential

In backtests on real tick data from 2019–2024, Saviour Gold EA V8.0 showed:

Average Monthly Return: 15–20% (EURUSD, M15)

Max Drawdown: 35%

Profit Factor: 1.8

Forward tests on demo accounts have echoed these results, with occasional equity spikes during low-volatility Asian sessions. Remember, past performance is never a guarantee—but these figures suggest a robust edge when market conditions align.

Installation & Configuration

Download Saviour Gold EA V8.0 from MQL5.software.

Copy the .ex4 file to your MT4’s Experts folder.

Restart MT4 so the new EA appears in the Navigator.

Attach the EA to your desired chart (e.g., EURUSD, M15).

Adjust Inputs:

Enable/disable individual indicators

Set grid spacing multiplier and max drawdown limit

Define lot sizing rules (fixed or percentage-based)

Pro tip: Run a 1,000-bar visual backtest first to verify settings before going live.

Why Choose Saviour Gold EA?

Multi-Indicator Confluence: Rare in grid EAs, this adds precision.

Dynamic Grid: Adapts spacing to current volatility, reducing whipsaws.

Customizable Risk Controls: Hard limits on drawdown and grid depth.

Broad Pair Support: Five popular FX pairs with market-tested parameters.

Whether you’re a seasoned grid trader or looking to diversify your portfolio, Saviour Gold EA delivers a turnkey solution with robust analysis built in.

Conclusion

Saviour Gold EA V8.0 MT4 stands out by marrying three powerful indicators with an adaptive grid engine. It’s tailor-made for traders who crave aggressive returns and can tolerate sizable drawdowns. If you’ve been frustrated by one-dimensional EAs or static grid bots, give this hybrid approach a spin—just be sure to demo first, tweak the risk parameters, and manage your exposure carefully.