Market / MetaTrader 5 / Experts /

XAU Pro

800 USD

Demo downloaded: 132

Published: 5 June 2024

Current version: 1.3

XAU Pro

Experts
Ramethara Vijayanathan
Version: 1.3
Updated: 12 July 2024
Activations: 10

Dear fellow traders,

As long as you take the same amount of risk and stay consistent, you can achieve your financial goals. Remember, consistency is the key to successful trading!

After the purchase, please send me a private message to receive setup instructions and guidance to setup a free VPS.

Promotional Price: $800. Only 5 copies left at this price! Price will be doubled soon!

Introducing XAU Pro: Your Pathway to Intelligent, Sustainable Trading

Discover the result of eight years of dedicated development with XAU Pro. This is not just another automated trading tool; XAU Pro combines innovative strategies with strong risk management techniques to transform your trading journey.

XAU Pro taps into live trade ideas from our dedicated trade server, delivering real-time market insights directly to you. By integrating a wide array of indicators, XAU Pro accurately identifies trends, equipping you with the knowledge to make informed trading decisions.

What makes XAU Pro unique is its advanced trade execution strategy. Each trade is divided into multiple positions with precisely calculated TP levels. When the first target is hit, XAU Pro adjusts the remaining positions to break even, minimizing risk while maximizing potential gains.

XAU Pro sets itself apart by avoiding high-risk tactics like martingale, averaging, and grid systems. Instead, every trade is backed with SL orders and multiple TP targets, ensuring a disciplined and responsible trading approach.

With XAU Pro, you can trade with assurance, knowing your investments are protected by a reliable and proven system. Whether you're an experienced trader or just starting out, XAU Pro provides the essential tools for success in today’s dynamic markets.

Experience the difference with XAU Pro Expert Advisor – your pathway to intelligent, sustainable trading. Unleash your potential and embark on a journey towards financial success with XAU Pro today.

Key Features:

Live Trade Insights: Harnesses real-time trade ideas from a dedicated server for informed decision-making.
Precise Trend Identification: Integrates multiple indicators to identify trends with accuracy and confidence.
Risk-Averse Approach: Avoids risky strategies like martingale, averaging, and grid systems for responsible trading.
Optimized Trading Outcome: Splits trades into multiple positions with tailored TP levels, maximizing trading outcome while minimizing risk.
Dynamic Trade Management: Adjusts subsequent trades to break even after hitting the initial TP level, ensuring consistent trading outcome.
Risk Mitigation: Incorporates SL orders to safeguard investments and manage risk effectively.

General Settings

Show EA Panel: Show or hide the EA Panel on the chart.
Magic Number: To differentiate between multiple instances of the same EA running on a single currency pair, it is important to modify the EA identifier value for each instance.

Risk & Trade Management

Risk Mode: This is how you decide the size of your trades based on your risk tolerance. You can choose between two modes: "Fixed Lots" and "Percentage of the Balance".
Fixed Lots: With this mode, you manually set the size of each trade by specifying the number of lots you want to trade each time.
Risk Percentage of Balance: In this mode, the EA automatically calculates the size of each trade based on a percentage of your account balance. So, if your account balance changes, the trade size changes accordingly to keep your risk consistent.
Maximum Lots per Trade: This sets a cap on the maximum number of lots that can be traded in one transaction. It helps control the size of your trades, ensuring they don't exceed a certain level even if the risk mode or account balance would allow for larger trades.

Drawdown & Prop Firm Settings

Enable drawdown Limiter: This function limits the drawdown, which is the reduction in an account's balance from its peak. You can enable or disable it.
Max Daily Loss Amount: This sets the maximum allowable loss for a trading day. If the total of closed positions plus open positions falls below this amount, the EA will close all the open positions. Also won't open new trades for that day.
Max Daily Loss Reset Time: This is the time when the maximum daily permitted loss resets. It's typically set according to the server time.
Close trades during news release: This feature allows you to select which news events you'd like to filter. You have two options to choose from.

High impact: Selecting this mode will filter out trades during news events with high impact only.
High and Medium impact: Choosing this mode will filter out trades during news events with both high and medium impact.

Close trades (minutes) before news release: This input allows you to specify the number of minutes before a news release that you'd like the EA to close all trades and stop trading. This helps mitigate potential volatility and uncertainty around major market events.
No trading for (minutes) after news release: This feature allows you to specify the duration, in minutes, for the EA to pause trading after a news release
Close Trades on Friday: This option decides whether the EA should close all open positions and refrain from opening new trades on Fridays before the trading session ends.
Close Trades on Friday Time: Specifies the server time when all open positions should be closed on Fridays, and trading should be disabled for the remainder of the day.

Using the Expert Advisor is designed to be straightforward and user-friendly. Simply attach it to one M5 XAUUSD/GOLD chart, choose your desired risk level, and let it trade accordingly. Avoid placing it on multiple charts to prevent potential conflicts.

Working symbol: GOLD or XAUUSD
Timeframe: M5
Broker: Not sensitive. But please use a low commission, low spread broker for best results
Deposit: $200.0 or above
Leverage: 1:100 or above
VPS Recommended for the EA to work 24/7
No Martingale
No Grid
No Averaging
No Over-optimization
Every trades are protected with SL and TP
Live trade history updated to the EA on a weekly basis

Before buying the XAU Pro EA, it's important to grasp the risks of trading. Just because it performed well in the past doesn't guarantee future success, as market conditions change. Testing it thoroughly across various market scenarios is crucial to understand its effectiveness. It's smart to start with small positions or on a demo account to manage potential losses while getting familiar with its performance. Overall, being cautious, informed, and practicing risk management is key to navigating the markets successfully.

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Filter:

y k 2024.06.28 11:13 #

The author's explanation is a lie. Trade history is not reflected in backtesting. The author has mentioned the trade reflection date twice, but it has not been updated yet. I don't understand the explanation

651

JCJ 2024.06.28 07:03 #

The developer completely changed the strategy from 1 June 2024, it does not reflect the backtests (misleading). This EA receives live trading signals from another server and the developer updates this every now and then to new versions of the EA. Live performance does not match back testing to 31 May 2024, only from 1 June 2024.

Version 1.3 2024.07.12

-Fixed minor bugs
-Improved overall performance
-Live trade history updated

Version 1.2 2024.06.17

-Live trade history updated

Version 1.1 2024.06.09

-Fixed minor bugs
-Improved overall performance
-Live trade history updated