Market / MetaTrader 5 / Experts /

Golden Bull Wave Trader

150 USD

Demo downloaded: 102

Published: 16 October 2020

Current version: 1.12

Golden Bull Wave Trader

Experts
Roman Gelman
Version: 1.12
Updated: 10 November 2020
Activations: 5

This EA is a unique approach to Gold day/swing trading.

The objective of the strategy is to:

Identify ideal and repeatable trade entries with high level of certainty
Create a day trading strategy which doesn’t require a hard SL and TP
Use alternate risk management mechanism instead
Visualize and auto manage trades based on S/R
A trade management solution that can be applied to any trading pair

Please also install the free custom indicator: FibonacciVPT

https://www.mql5.com/en/market/product/56294

Features

Optimised for: XAUUSD - Timeframe: 5 min
Trade management (buy only)
Works with any Broker
Indicates possible bullish and bearish reversals
Strategy to mitigate against volatility
Identifies cycle stage using color coded arrows:

purple - bearish

blue - intermediate

pink - bullish

orange - high-risk (no algo trade)

red - possible bearish reversal

Parameters

CandleSize - Open/close difference in previous candle; used for volatility protection
CandleClose - Number of candles that close below support before exiting trade
AutoCloseProfit - Custom take profit enabled/disabled
NotifyOpenClose - Send notification enabled/disabled
Lots - Fixed trading lot
SL - Stop loss in pips (optional)
TP - Take profit in pips (optional)

more...

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Version 1.12 2020.11.10

Improve signals

Version 1.11 2020.11.02

Signal upgrades

Version 1.10 2020.11.01

Improve signals

Version 1.9 2020.10.31

Improve buy signals

Version 1.8 2020.10.30

Improvement to sell signal

Version 1.7 2020.10.28

Signal improvements

Version 1.6 2020.10.24

Improve high risk trade detection

Version 1.5 2020.10.23

High risk trade improvements

Version 1.4 2020.10.22

Include take profit signal

Version 1.3 2020.10.22

Added extra trade alert category

Version 1.2 2020.10.20

Include bull cross signal

Version 1.1 2020.10.17

Improvements to buy signals