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Golden Fire

Expert Golden Fire is a cutting-edge trading tool designed specifically for the Gold market (XAUUSD). Utilizing advanced algorithms, it seamlessly integrates volatility, volume, and money flow analysis to pinpoint high-probability trading signals. Perfectly suited for the volatile Gold market, it leverages rapid price movements to unlock numerous trading opportunities. Employing a scalping strategy, Expert Golden Fire executes market orders swiftly and exits positions using a Trailing Stop. Every trade includes a customizable Stop Loss, and you can adjust Take Profit, Trailing, and Start Trailing settings to perfectly align with your trading plan.

EA is very simple to install and use. If you are confused about the installation, just leave the default setting.

Settings: 

 Max Spread  = 30 to 50 (Must be higher than the average spread of the pair)
 Fixed Lot     = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)
 Auto Lot  = 2.0 to 5.0 (= 3 mean auto lot size = 0.03 lots per $1,000 balance...)
 Take Profit  = 800 (points)
 Stop Loss  = 600 (points)
 Trailing  = 9 (points)
 Start Trailing  = 45 (points)
 Time Start  = 01:30 (hh:mm)
 Time End  = 22:30 (hh:mm)
 Magic Number  your number

* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).

* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.

Recommend:

Time frame: any time frame. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 300

Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)

If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Stop Loss and Trailing values to 10 times the default value (ex: Take Profit = 6000, Stop Loss = 8000 ...).

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Version 1.1 2024.08.13
Add parameter: Use Trailing = True or False