My Gold
- Experts
- Antonio Simon Del Vecchio
- Version: 1.11
- Updated: 22 April 2024
- Activations: 5
Introducing My Gold: Expert Advisor for the Gold Market
My Gold is an expert advisor specifically designed for trading in the gold market (XAUUSD). This EA stands out for its ability to capitalize on retracements within a trend and to capture strong movements through an intelligent trailing stop.
To download the updated set files and additional strategies click here
- Magic Number: Unique identifier for operations.
- Initial Lot: Defines the initial position size.
- Auto Lot: Activates the automatic calculation of position size based on the referential balance.
- Referential Balance: Balance used to calculate the position size.
- Stop Loss in Points: Stop loss level.
- Take Profit in Points: Take profit level.
- Period for Highs and Lows (H1): Period for identifying highs and lows on the one-hour chart.
- Period for the SMA (H1): Period for the Simple Moving Average.
- Trailing Factor: Key factor for the intelligent trailing stop.
- A Factor, B Factor, C Factor: Factors for specific strategy adjustments.
- Martingale Factor: Martingale factor for adjusting position size after losses.
The most notable aspect is its intelligent trailing stop. It's not just any trailing stop, but one that dynamically adjusts to changing market conditions, thus maximizing gains during strong movements and protecting against losses during retracements.
Disclaimer: Trading carries inherent risks, and results may vary. Always trade responsibly and understand the involved risks.
Tags: Price action, gold, XAUUSD, trend, support and resistance, artificial intelligence, AI, divergence, signals, volatility, money management, risk management, profitable trading strategy, scalper, scalping, trading, mt5, forex