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Gold Spot Pending Buy Advance

EA made using combination of Pending Order and Martingale Strategy.

Designed only to work best on Gold Spot M5.

EA will put pending orders and on certain condition will create positions with bigger lot. 

This EA do not use Stop Loss due to the applied strategy. Stop Loss will be replaced using modified Take Profit.


Input Parameters

1. MaxOpenPositions : Define allowed positions can be open by EA, 0 will use default EA Value

2. TotalPendingOrders : Define allowed generated Pending order set, 0 will use default EA Value

3. PendingLot : Define volume for generated pending Order, 0 will use default EA Value

4. TP : Define desired Take profit Point, 0 will use default EA Value

5. DistancePending : Define distance points of each generated Pending Order, 0 will use default EA Value

6. Trend : Define type of Pending Orders

7. MM : Define % maximum risk for trade, if Risk is meet, trade will be halt until the risk is less than MM, 0 will have no risk defined



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EA designed to generate pending orders based on the trend and designated take profit value. This EA designed exclusively to work best on GOLD SPOT M5 especially during up trend. User can freely decide to close the open position from this EA or wait until take profit hit. No parameters need to be set as it already set from the EA itself.  This EA do not use Stop Loss due to the applied strategy. Please do fully backtest the EA on the worst condition before use on the real account. Recommended ini
This Expert Advisor is a Combination of Averaging & Martingale. 1. Trend : to define what position the EA should Trade - LONG SHORT ( EA will open both BUY and Sell ) - LONG ONLY ( EA will only open BUY ) - SHORT ONLY ( EA will only open SELL ) 2. Distance between Each Positions - Point value of each Positions   100  : - if 100 Points reached between the last position and current price, new Position will be open by EA - EA will set up a higher volume for this new Position - new TP calculated u
Improved EA of Resilient Multi Pair ( https://www.mql5.com/en/market/product/66803 ) to adapt the movement of Gold Spot. Will automatically open buy/long position and keep increasing the lot if the distance between Take Profit and current price getting bigger. Will do averaging based on the current total open positions.  No Input needed as it was designed to work only for Gold Spot. Just Run the EA and let the EA do the trading based on the improved algorithm. No Stop Lost so test it well before
A pending order generator triggered by supertrend can be found here  https://www.mql5.com/en/market/product/122499 SuperTrend is one of the most common ATR based trailing stop indicators. Version 2 Updates: Based on Luxalgo Supertrend AI Indicatior. added stoploss In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. The ea is easy to use and gives an accurate reading about an ongoing trend. It is const
SuperTrend is one of the most common ATR based trailing stop indicators. In this version you can change the ATR calculation method from the settings. Default method is RMA, when the alternative method is SMA. Update on Version 2: Based on Luxalgo Supertrend AI Indicatior. Added Stop Loss Fixed Bugs The ea is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a su
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46046023 Hulmani
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46046023 Hulmani 2022.03.28 08:47 
 

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Version 2.41 2021.01.10
Fix Version Text showed on Graph
Version 2.4 2020.12.20
improve strategy from version 2.3
Version 2.3 2020.12.06
Bugs Fix
Version 2.2 2020.11.08
- Add more Input Parameters
- bug Fixes
Version 2.1 2020.10.13
- Fix Bug in Version 2.0
- Whats New :
- MM for Auto Lot : 1 to activate,
- Trend for Sell or Buy Selection : 1 for Sell and 0 for Buy
Version 2.0 2020.10.11
enable MM and Trend Selection

MM : 1 for Activate MM
Trend : 0 for Buy/Short and 1 for Sell/Long
Version 1.51 2020.09.10
- Minor bug fix
Version 1.50 2020.09.09
What's new:
- updated strategy
Version 1.40 2020.09.02
What's New :
- Fix Bugs during order send
- Improved EA to Avoid High DrawDown
- Added Comment on Each Order
- Added EA label on Chart Window
Version 1.30 2020.08.26
improved strategy and fixed bug during order send
Version 1.20 2020.08.23
Updated version to trade at certain time frame to minimum the DD and improved profit
Version 1.10 2020.08.22
Improved strategy for better profit and accommodate poor down trend causing big Draw Down