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Gold Boom MT4

Gold Boom , A scalp stripping strategy EA designed specifically for gold trading.

It has very few parameter settings, so you don't have to get lost in complex values, easy to install.

Unlike the current popular strategies that rely on neural networks and artificial intelligence, Gold Boom avoids the interference of sudden news in predicting gold price fluctuations through precise research and unique algorithms.

In the rapidly changing gold market, neural networks and artificial intelligence often lag in predictions due to their inability to respond to sudden news in a timely manner, causing traders to miss opportunities and even suffer losses. Gold Boom, based on the partial form of price action from Al Brooks, has improved accuracy with the idea of scalp stripping.

Features: No grid or Martingale.

Each order has a fixed stop loss.

Lower drawdown and mobile profit taking to protect profits.

mt5 version

set up:

MoneyMnage: If not, use the fixed number of hands below.

FixLots: If fund management is not enabled, use fixed lots.

MagicNumber: a magic number.

comment:comment.

Risk: If fund management is enabled, it will be calculated based on the current account deposit currency, with an increase of 0.01 for every X. For example, if the deposit currency is US dollars and the risk value is 100, then every 100 US dollars increases by 0.01 lots. Please calculate based on your account funds and leverage.

SL: Fixed stop loss.

TP: Fixed interference fit (usually not achievable)

TrailTP: Move the profit taking point. If this value is close to TP, there is a high possibility that the order will reach TP, but at the same time, it will reduce the winning rate.

WeightFactor: Important ordering logic parameter, the smaller the value, the higher the ordering frequency. Scope 1-20

Time frame: 5M

requirement:

Low point spread or ECN

Strongly recommend VPS

After downloading, please test it first. The default parameters are not applicable to all platforms, and the results may vary greatly among different platforms.

Risk Warning: Please be aware of the risks involved before purchasing Gold Boom. Past performance does not guarantee future profitability (EA may also incur losses).


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The EA enters a position when the market starts moving around the New York session (higher volume). This way, the momentum is preserved by the volume and we can reach the Take Profit with high probability instantly. Signal   (292%, 10% DD):  https://www.mql5.com/en/signals/2274145 It Enters on Momentum Around New York Session The EA detects the hidden impulse via FVGs on lower time frames. When the impulse is detected closely before or during the New York session, the EA opens a position. It ma
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Version 1.1 2024.08.25
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