Gold Top Down Analysis EA
- Experts
- Samson Adekunle Okunola
- Version: 1.0
- Activations: 5
Gold Top-Down Analysis EA analyzing the overall market environment and economic conditions first before zooming in to the lower timeframe for entry. Starting from the big picture DAILY and then narrowing down to 1 HOUR and take the entry in 1M or 5M timeframe
This EA adapt to changing market conditions, continuously monitoring macroeconomic indicators and sector performance, and adjust the trading strategies to capitalize on emerging trends
Gold Top-Down Analysis EA does not use any risky trading style, such as grid/martingale systems, but a rather simple Top-Down trading strategy based on Top-Down Analysis,
This strategy is very effective for a volatile pair such as Gold.
Highlights:
- Each trade has a TP and SL from the start, and the EA will use a trailing SL and Break even point (BV) to minimize risk and maximize profits if price starts moving in the right direction
- A default setting can be used on accounts maintained by a Prop firm or by a Funded firm
- No grid, No Martingale
- Good money management and 1/3 RW per trade
- The only thing you can change in the settings is the lot size base on your account size, I recommend 1% of you account balance per trade
- Minimum recommended deposit $100
- Simple and easy to use : Attach the EA with any timeframe on each symbol chart ( XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD, and XAUCNH ) one by one (recommended Currency pairs XAUUSD)
- Recommend VPS (option )