GOLD Edge
- Experts
- Hideki Nakajima
- Version: 4.7
- Updated: 20 July 2024
GOLD Edge is the EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs.
This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade.
This EA closes with the "DD Reduce" function when drawing down.
You can set trailing stop for "GRID trading" and "DD Reduce" function.
Additional trades can be made using the panel. These are automatically settled as GRID series.
You can also manually settle all transactions. You can also change Max Trades and Max Lot Size from the panel.
I recommend that you read here first. User GUIDE: https://www.mql5.com/en/blogs/post/750375
DD Reduce function:
It is a function to close the oldest order with bad profit and loss together with the latest profitable order.
Please be sure to read the GUIDE and FAQ before asking questions or using.
There are too many questions about not trading, or only engaging in sell-only or buy-only trades.
Please make sure to read the FAQ carefully.
(This EA does not trade indiscriminately; it analyzes the market before making trades)
The recommended setfiles are at the bottom of the GUIDE.
- User GUIDE: https://www.mql5.com/en/blogs/post/750375
- FAQ: https://www.mql5.com/en/blogs/post/757388 (also difference between GOLD Edge and GOLD Edge PRO)
I recommend reading the guide describing this EA first. setfile is also here.
Don't use the Setfile I attached in the comment. There is an error, so be sure to download it from the user guide.
- User GUIDE: https://www.mql5.com/en/blogs/post/750375
Recommendations:
- Time Frame M5 recommended.
- AUDUSD:
Minimum deposit $1500. - XAUUSD:
Minimum deposit $3,000. Lot 0.01. (use .set file "lowrisk").
Recommended $6000 or more. - Other currency pair:
XAUUSD, AUDUSD (can also be used on any financial instrument, any pairs.
setfiles is here. User GUIDE: https://www.mql5.com/en/blogs/post/750375
Settings & Setfiles:
Read about settings and set files here. User GUIDE: https://www.mql5.com/en/blogs/post/750375
FAQ:
There are too many questions about not trading, or only engaging in sell-only or buy-only trades. Please make sure to read the FAQ carefully.
(This EA does not trade indiscriminately; it analyzes the market before making trades)
If you have any questions, please read the guide and FAQ before asking.
Please ask the question in a message, not a comment.
Read the user guide & FAQ.
great