Market / MetaTrader 5 / Experts /

Gold Tree

149 USD

Demo downloaded: 20

Published: 22 May 2024

Current version: 1.6

Gold Tree

Experts
Utkarsh Katiyar
Version: 1.6
Updated: 23 May 2024
Activations: 10

Unlock the Power of Gold Trading with Precision and Reliability

Introducing our state-of-the-art Gold Trading Expert Advisor (EA) – a sophisticated trading algorithm designed specifically for trading gold (XAU/USD).Whether you are an experienced trader or new to the market, our Gold Trading EA is the essential tool for achieving consistent and reliable results.

Key Features:

1. Advanced Trading Algorithms: Our EA uses cutting-edge algorithms that analyze market trends and price movements to execute trades with pinpoint accuracy. It adapts to changing market conditions to optimize your trades for maximum profitability.

2. Robust Risk Management: Risk management is paramount in trading, and our EA comes equipped with comprehensive risk management tools. It includes customizable stop-loss and take-profit settings, dynamic lot sizing, and trailing stops to protect your capital and maximize gains. No Risky strategies used like Grid/ Martingale.

3. Customizable Trading Parameters: Tailor the EA to align with your specific trading preferences. Whether your strategy is conservative, moderate, or aggressive, our EA offers the flexibility to adapt to your unique trading style.

How to Use:

1. Drag and drop the EA on a M5 XAU/USD chart.

2. Use the default parameters as it is or customize as per your wish.(Change the lot size as per your deposit)

Settings:

1. Magic Number : Set the magic number for the EA.

2. Enable Trading : Enables the trading.

3. Enable Dynamic lots: When this is set to true, the EA decides the lot size based on a certain percentage of the account capital.

4. Lot Size/ Risk Percentage :

When the Enable Dynamic lots is set to True, you can mention the percentage of account capital that you want to use in a single trade.

When the Enable Dynamic lots is set to False, you can mention the fixed lot size for each trade.

5. Stop Loss / Take Profit : You can se the stop loss and take profit levels in percentage for each trade.

6. Enable Long Trades / Enable Short Trades : Using these settings you can control if you want to trade only long or short.

7. Total Trades in a Day : You can control the total trades to be taken in a day.

8. Total Open Positions at a time : Using this you can control if you want multiple positions to be opened at a time.

9. RSI Settings : Can be left at default.

10. ATR Settings : ATR can be used for trailing stop loss function.

11. WVF Settings: Indicator settings, can be left at default.

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Version 1.6 2024.05.23

Minor BUG Fixes