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Prop Gold Trader

50 USD

Demo downloaded: 34

Published: 1 February 2025

Current version: 1.5

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Prop Gold Trader

Experts
Samson Adekunle Okunola
Version: 1.5
Activations: 20

Prop Gold Trader EA is an automated trading tool designed to help traders grow their accounts steadily. It uses a clear set of rules to make trading decisions, aiming for long-term success.

Key Features:

Market Analysis: The EA examines daily charts to understand the overall market trend.
Trade Execution: It operates on hourly charts, using a strategy based on the crossing of 10-period and 100-period moving averages.
Pending Orders: When the market pulls back, the EA sets up pending orders to enter trades at better prices.
Risk Management: Each trade includes predefined stop-loss and take-profit levels to control potential losses and secure profits.

Customization Options:

Risk Settings: Adjust the percentage of your account balance you're willing to risk on each trade.
Trend Filter: Ensures trades align with the broader market direction.
Trailing Stop: Automatically moves the stop-loss level to protect profits as the market moves in your favor.

Important Considerations:

Trade Frequency: The EA focuses on high-quality setups, so it may not trade every day.
Account Size: A minimum deposit is recommended to allow the EA to manage trades effectively.
Regular Backtesting: It's advisable to test the EA with recent market data to ensure it performs well under current conditions.

Getting Started:

Installation: Follow the provided instructions to add the EA to your trading platform.
Backtesting: Use historical data to see how the EA would have performed in past markets.
Live Trading: Once satisfied with the backtest results, activate the EA on your live account and monitor its performance.

Prop Gold Trader EA is designed to adapt to changing markets, providing a systematic approach to automated trading.

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