Gold Master Pro EA
- Experts
- Massimiliano Tuzzolino
- Version: 1.0
- Activations: 5
Gold Master Pro is an advanced Expert Advisor designed for automated trading in the XAUUSD This EA for Meta Trader 4 (MT4) uses Combined Trading Strategies The combination of strategies works synergistically to maximize profits and effectively manage risk, creating a robust and adaptable trading system. Each strategy is essential for overall success, as it compensates for the limitations of the others.
THIS EA WILL MAKE MINIMUM 150/200+ USD FOR DAY! THE INITIAL PRICE IS 199$ FOR THE FIRST 2 ORDERS. LATER THE PRICE WILL BE 1499$. BUY NOW AND UPDATE LIFETIME!
RSI Strategy is the starting point to identify market opportunities
Executes sell orders when the RSI exceeds the overbought level.
Executes buy orders when the RSI drops below the oversold level.
This strategy enables optimal market entry timing but may require additional mechanisms to manage potentially unprofitable trades.
Martingale Strategy
comes into play to recover losses from initial unprofitable trades: Increases the lot size by +0.01 in case of a loss, with configurable values. Opens new orders at a predefined distance. Limits the maximum number of Martingale orders to avoid excessive risk.
This strategy strengthens the system but requires a support mechanism to handle situations where the market does not move favorably.
Recovery Strategy
The Recovery Strategy completes the system by intervening when the Martingale Strategy reaches its defined limits: The Recovery mechanism has a maximum number of orders to keep risk under control. This component is vital for restoring portfolio balance and ensuring sustainable risk management.
Why They Work Together
The RSI Strategy provides entry signals into the market, but without support like the Martingale Strategy, it may not optimize profits in unfavorable scenarios. The Martingale Strategy, in turn, is effective at recovering losses but presents high risks without a backup mechanism like the Recovery Strategy. Finally, the Recovery Strategy acts as a safety net, stepping in when the other two approaches reach their limits. Together, these strategies complement each other, creating an integrated and optimized trading system.
5. Informative Dashboard: Displays a dashboard on the chart with crucial information such as balance, daily profit, drawdown, free margin, and margin level, Candle timer. Provides real-time updates of trading conditions directly on the chart.
6. Push Notifications: Sends push notifications for every order opened, closed, or modified, keeping the user informed about trading activities.
7. Flexible Configuration:
Configurable parameters to adapt the EA to different market conditions and trading preferences. (Defaults working well, you can test other setups in demo) Trading hours settings to avoid executing trades outside preferred market hours. (Default is 0 -H24) Recommend setting the times according to your trading strategy
Requirements:
Platform: MetaTrader 4
Timeframe: M5
Market: XAUUSD
Account: Standard, RAW, ECN
Minimum Balance: 2000 USD
Raccomended Balance: 3000 USD
FOR BACKTEST REPECT THE MINIMUM AMOUNT 2000USD