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GoldRadarPro

The GoldRadarPro trading robot is designed to operate on the XAU/USD currency pair. Optimized for an M30 (30-minute) trading timeframe, it is ideal for traders seeking a balance between short-term and medium-term trading strategies.

Technical Indicators Used

  • Bollinger Bands: These are volatility bands placed above and below a moving average. The distance between the bands is based on the standard deviation, which changes as volatility increases and decreases. The robot uses Bollinger Bands to identify overbought or oversold conditions and potential breakout opportunities.

  • Rate of Change (ROC): This momentum oscillator measures the percentage change in price between the current price and the price a certain number of periods ago. The robot uses ROC to gauge the speed and magnitude of price movements, helping to confirm trends.

  • Relative Strength Index (RSI): This oscillator measures the speed and change of price movements, ranging from 0 to 100. The robot uses RSI to identify overbought or oversold conditions, with values above 70 indicating overbought and below 30 indicating oversold.

  • Vortex Indicator: This consists of two lines that capture positive and negative trend movement. The robot uses the Vortex Indicator to identify the start of new trends and potential reversal points.

These indicators help the robot assess market conditions, identifying potential entry and exit points based on a comprehensive analysis of price action, volatility, and trend strength.

Development and Testing

  • Extensive Backtesting: The robot has undergone extensive backtesting on historical data to ensure robust performance and effective risk management.
  • Forward Testing: Simulated in real-time market conditions to validate its effectiveness before commercial release.
  • Monte Carlo Robustness Testing: Passed Monte Carlo robustness tests to ensure reliable performance under various market conditions.

Configurable Parameters

  • Magic Number: A unique identifier for the robot’s trades, allowing users to distinguish between trades made by different robots or strategies.
  • Lots: The size of each trade, which can be adjusted based on the user’s risk tolerance and account size.
  • Exit on Friday: An option to close all open positions before the market closes on Friday.
  • Use Money Management: (true/false) If set to true, the robot will use a percentage of the total balance instead of a fixed lot size.
  • Risk Percent: The percentage of the account balance to be risked per trade when money management is enabled.
  • Lots: The fixed lot size to be used when money management is set to false.

It is recommended to activate money management based on risk or adjust the number of lots according to the account balance.


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Launch promo! Only 2  copies left at current price! Next price: 1533$ Final price: 1993$ Buy US30 Scalper and you could get Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/s
Bonnitta Gold MT5
Ugochukwu Mobi
5 (2)
Bonnitta Gold   is based on personal Bonnitta Trading Indicator and a very advanced secretive trading algorithm. The strategy of   Bonnitta Gold  is a combination of a  secretive custom indicator , Trendlines, Support & Resistance levels and most important secretive trading algorithm mentioned previously. BONNITTA GOLD NEEDS HIGHER LEVERAGE FROM 400 AND ABOVE - I TESTED IT WITH 10,000 USD AND LEVERERAGE OF 1:500 PLEASE SEE THE REAL ACCOUNT LINK BELOW. YOU NEED BIG LEVERAGE  AND HIGHER RISK TO U
OverPower MT5
Inrexea Limited
5 (4)
No Backtesting is allowed: (Overpower IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. The OverPower Trading Robot
Perfect Triple MT5
Connor Michael Woodson
4.22 (9)
Perfect Triple runs on the triangular hedging system, buying and selling 3 different currency pairs at the same time. IMPORTANT! Contact me after purchase for instructions and a bonus! Live signals and other products can be found here: https://www.mql5.com/en/users/cunpa/seller Zero grid, zero martingale Recommended Chart: EURUSD or GBPAUD Timeframe: H1 Inputs Pair Selection- Select which triple pair to use Pair Suffix - Enter the suffix if your broker has one Enable Lots Per Thousand - Ena
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