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Gold4L Clover


Special Offer: Gold4L Clover Pro EA coming up!!! 
and will be free for the first 10 purchasers

(Gold4L Clover Pro will have dynamic trading options including percentage risk and much more)


Gold4L Clover EA

Overview: Gold4L Clover EA is a powerful automated trading system designed specifically for trading the GOLDUSD pair. This Expert Advisor operates on a daily timeframe, implementing a robust strategy that places multiple pending orders daily based on historical price levels. With a focus on risk management and optimized performance, Gold4L Clover EA ensures high trading precision and profitability.

Key Features:

  • Trading Instrument: GOLDUSD
  • Timeframe: Daily
  • Order Types: Pending orders (Buy Stop and Sell Stop)
  • Equity Range: Operates within a user-defined equity range to ensure safety and proper capital management.
  • Lot Size: Adjustable lot size with a default of 0.02.
  • Trading Hours: Configurable start and end hours, allowing trades only within specified times.
  • Take Profit and Trailing Stop: Configurable take profit points and trailing stop points for optimal trade exits.
  • Multiple Trades: Capable of placing multiple trades each day, with the number of trades configurable by the user.
  • Risk Management: Ensures there is sufficient margin available for each trade and validates trade volume according to broker requirements.

Parameters:

  • MinEquity: Minimum account equity required to trade (default: 100).
  • MaxEquity: Maximum account equity allowed for trading (default: 100000).
  • LotSize: Default lot size for each trade (default: 0.02).
  • StartHour: Trading start hour (default: 0).
  • EndHour: Trading end hour (default: 23).
  • TakeProfitPoints: Points for take profit (default: 100).
  • TrailingStopPoints: Points for trailing stop (default: 6).
  • NumberOfTrades: Number of trades to place each day (default: 4).

Functionality:

  • Pending Orders: Places buy stop and sell stop orders based on the previous day's high and low prices.
  • Trailing Stop: Dynamically adjusts stop-loss levels to lock in profits as the market moves favorably.
  • Margin Check: Ensures there is sufficient margin available for each trade before placing orders.
  • Volume Validation: Confirms that the trade volume complies with the broker's minimum and maximum volume requirements.

Detailed Description: Gold4L Clover EA is designed to place pending buy and sell stop orders at the previous day's high and low prices, respectively. The EA checks if the current equity is within the specified range before placing trades. It ensures that the last order was not placed on the same day to avoid duplicate trades.

For buy stop orders, the stop loss is set at the previous day's low, and the take profit is set a specified number of points above the previous day's high. For sell stop orders, the stop loss is set at the previous day's high, and the take profit is set a specified number of points below the previous day's low.

The EA includes a trailing stop mechanism that adjusts the stop-loss level as the market moves in favor of the trade. The trailing stop is activated only if the new stop loss is better than the current one and if it meets the minimum movement condition from the entry price.

Use Case: Gold4L Clover EA is ideal for traders who focus on the GOLDUSD pair and prefer automated trading strategies. It suits those who require precise risk management and flexible trading hours. The EA is designed to perform well on raw spread accounts.

Requirements:

  • Account Type:  Raw account with low spreads is preferred. 
  • Broker: Adapted for brokers offering raw spread accounts.
  • Trading Platform: MetaTrader 5.

Disclaimer: Trading involves significant risk, and it is essential to understand the risks before using this EA. Ensure to test the EA on a demo account before deploying it on a live account.

Support and Updates: Regular updates and support are provided to ensure the EA adapts to changing market conditions and maintains optimal performance. For any queries or support, please contact us through the MQL5 community.



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Arseny Potyekhin
4.33 (3)
Experten
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Marco Solito
5 (49)
Experten
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Experten
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Experten
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Experten
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Bitte kontaktieren Sie mich nach dem Kauf, um die richtigen Einstellungen zu erhalten. Falsche Einstellungen können zu schlechten Ergebnissen führen. Neue Produkte stehen in den Regalen und es laufen Sonderaktionen. Für jedes verkaufte Exemplar erhöht sich der Preis um 50 $ auf 1.500 $! Top Trend Plus basiert auf   Top   Trend, das 20 % ausmacht. Es vereint meine anderen hervorragenden EAs, bietet Unterstützung für XAUUSD-Varianten, fügt vier Handelsmodi hinzu und fügt zwei Zeitauswahlmodi hi
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Lo Thi Mai Loan
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Experten
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Experten
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4.4 (58)
Experten
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Xian Qin Ceng
5 (6)
Experten
Viele Leute mögen den XAUUSD-Handel, und ich bin keine Ausnahme. Nachdem ich einige Handelserfahrungen und harte Arbeit gesammelt habe, habe ich diesen Apocalypse XAU EA speziell für den Handel mit allen XAU-bezogenen Varianten entwickelt, wie z. Wenn man jedoch bedenkt, dass viele Menschen möglicherweise nicht alle XAU-Währungspaare, sondern nur XAUUSD handeln müssen, ist ein EA der Einstiegsklasse sehr sinnvoll. Deshalb habe ich beschlossen, Apocalypse Gold zu entwickeln, einen EA, der speziel
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Version 1.2 2024.08.01
Gold4L Clover EA v1.2

The Gold4L Clover EA is designed specifically for trading the GOLDUSD pair, optimized for raw spread accounts but also capable of working on standard accounts. This updated version 1.2 includes several enhancements, such as a unique magic number for trade identification and improved parameter flexibility. The EA places two pending orders daily based on the previous day's high and low, with customizable lot sizes, trading hours, take profit, and trailing stop points. It also ensures proper margin and volume validation to meet broker requirements. Experience consistent and strategic trading with Gold4L Clover EA!