Gold Master EA
- Experts
- Florent Moreau
- Version: 1.2
- Updated: 1 January 2024
- Activations: 5
Gold Master EA is an Expert Advisor (EA) purposefully designed for trading the most sought-after precious metal, gold. It stands out by avoiding risky trading strategies such as martingales, grid strategies, or hedging. Instead, it relies on simple and effective strategies, eliminating unnecessary complications.
Gold Master EA is not designed to promise impressive gains overnight. On the contrary, it targets traders seeking low drawdown and long-term profit stability. This cautious approach favors capital preservation while aiming for consistent returns.
Recommended to use strategy on XAUUSD on H1 timeframe.
Key features
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Safe Trading Approach: distinguishes itself by avoiding risky trading strategies. It does not use martingales, grid strategies, or hedging. You can trust the safety of your capital.
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Single Trade at a Time: takes only one trade at a time. This cautious approach ensures effective risk management and a focus on the quality of trades.
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Simple and Proven Strategies: Unlike many EAs that claim to use artificial intelligence or neural networks, GoldTrader Pro relies on simple and well-established trading strategies. This ensures its durability and long-term performance.
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Low Drawdown: GoldTrader Pro aims to minimize drawdown, offering long-term profit stability.
Properties
- RiskManagement : if true, Lots will be calculated based on RiskPercentage
- Fix_Lots : Lots used if RiskManagement is false
- Stop loss (pips) : stop loss used in pips
- Take Profit (pips) : take profit used in pips
- RiskPercentage : if Use fix lots is false, the risk percentage will be used in %
- UseDynamicExit : the exit will be based on the strategy. Can be combined with TP but recommended to set TP to 0
- Fast MA period : value of fast MA period (recommended to use default)
- Slow MA period : value of slow MA period (recommended to use default)
- Magic Number : value of Magic number
- Max spread protection (points) : value of max spread to take a trade
- Min equity protection (currency) : value of equity to stop all trades opened
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