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Dreaming Gold

Expert Dreaming Gold is programmed specifically for the Gold market (XAUUSD). Expert trades completely automatically on the MT4 platform by analyzing price and tick patterns, combining volatility of indicators to calculate trading signals. EA strategy combines scalping with intelligent position management and entry and trailing methods to optimize performance. All trading orders have Stop Loss, and there is also a Stop Loss by ATR option to match the market fluctuations.

EA is simple to use and install, users only need to install the default.

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  = 1.0 to 2.0 (=1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)
 Take Profit  = 550 (points)
 Max Stop Loss  = 550 (points)
 Trailing  = 10 (points)
 StartTrailing  = 40 (points)
 IchiRate  = 1.0 (indicator's participation rate with volatility)
 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:

Pair: XAUUSD. Time frame: M5 or any timeframe. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $ 500

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

Note:

+ If you use EA with Gold and the price has 3 decimal places (like 1900.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 5500 (instead of the default value = 550). Because Point calculation is different with 2 decimal places.


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PhillipLearner
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PhillipLearner 2024.08.20 19:36 
 

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Version 1.1 2024.08.21
Added Stop Loss by ATR feature and Ichimoku parameters.