EA No Name / Description and settings
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EA No Name / Description and settings

3 October 2024, 14:58
Vitali Vasilenka
Vitali Vasilenka
0
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💡 What is a trading advisor?  
A trading advisor is a software that automatically analyzes the market and makes trades based on certain algorithms and strategies. But be careful: not all advisors are equally useful! Today we will discuss why the market reality and the “ideal” results that some trading advisors promise do not always coincide.

Our Expert Advisor is based on proven strategies
Our Expert Advisor is developed on the basis of classical trading strategies, which have been trained on real historical data. The main strategy is adapted for key market instruments such as:

https://www.mql5.com/en/market/product/91064?source=Site+Profile

- EUR/USD (euro/dollar)
- XAU/USD (gold/dollar)
- USD/JPY (dollar/yen)

Each trade is strictly controlled: stop-loss is set on each position, which minimizes risks.

How the trading bot works:
- Fractals to identify levels:
- The bot analyzes historical price data and identifies fractals — points where the price reverses, forming local highs (resistance) and lows (support).
- Support levels are formed based on fractal lows, and resistance levels are based on fractal highs.



Advisor Does not use
  • No martingale
  • No grid
  • No doubling
  • No averaging
Recommendations:
  • Currency pair: XAUUSD, GOLD
  • Timeframe: M30
  • Minimum deposit: $100
  • Account type: Any



⚠️ Beware of “perfect” Expert Advisors!

Many trading advisors promise 90% winning trades, huge profits in a short period of time (up to unbelievable figures, for example, turning $100 into $1,000,000), and practically zero drawdown (1-5% over several years). However, it's important to remember one rule of thumb here:

If it sounds too good to be true, it probably isn't.

How to recognize history fitting? 

Some developers tailor their strategies to history in order to show perfect results. This means that they optimize trading rules so that they work perfectly on historical data, but in the real market, such an EA may be useless. Here are a few signs:

1. Excessively high returns. If you are promised a fabulous profit, it is clearly a reason to be wary. The market is not that simple.
2. Small drawdown. Any real strategy includes drawdowns. If the drawdown is claimed to be less than 5% for many years - this is a clear signal of manipulation.
3. perfect winning percentages. In the real market, even the most successful traders do not win 90% of their trades. Volatility and unpredictability are always present.

🛡️ Real results require real solutions

Our trading advisor does not adjust history to “perfect” results. We use transparent and proven strategies that have been tested on historical data for years. This ensures that the Expert Advisor works in real market conditions and does not demonstrate artificially created efficiency.
We don't promise instant millions, but we guarantee a reasonable approach with risk control and realistic returns.


Configure the advisor according to the instructions!!!
Important information!
  • Trading on a demo account or a cent account for the first 2 weeks (to choose the best trading conditions for yourself)
  • Install the trading advisor on a VPS
  • Profit from a real account Recorded every Friday (end of the trading week)
  • Forex/CFD trading is associated with a high level of risk and is not suitable for everyone.
  • You may lose some or all of your principal if market conditions change unfavorably.
  • You should only invest money that you can afford to lose, meaning that losing it will not affect your basic needs or obligations.


#gold, xauusd, MT5, #xauusd, #gold, ##MT5