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Gold Chaser

5

The "Gold Chaser" expert advisor trades in fully automated mode these 4 symbols: XAUUSD (Gold), XAGUSD (Silver), BTCUSD (Bitcoin), and XBRUSD (Brent Oil). I am going to add other cryptocurrencies and/or stock exhange indices in the near future.

Possibilities of the "non-major" symbols really differ from what you are accustomed to with the usual set of symbols. First of all, gold moves very quickly. Like major symbols, gold reacts to political events, important economic events and speeches of VIP geeks. However, gold moves in a much more swaying manner. The same is applicable to silver, oil and certain cryptocurrencies.

The advisor uses the American Dollar Index ("Dixie") as a supporting symbol. Make sure you have the 6 symbols making up the Dixie in your terminal: EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, and USDCHF. Otherwise the advisor will not work properly. Sometimes, USDSEK is available but not tradeable in the terminal. This is ok, too, because the advisor only needs price data.

I used the most reliable approach (among my favorite three approaches) to do the machine learning for this strategy, that is 2 recurrent neural nets: buy or uncertainty and sell or uncertainty. The 2 nets compete and are allowed to close both their own trades and trades of the other net.

Run the expert advisor on one chart. Regardless of the current chart, the EA always trades all of its symbols at the same time.

The "Gold Chaser" expert advisor can be launched on the chart of any symbol and any timeframe.


Recommended settings for live trading

Recommended chart / timeframe: daily chart of gold.
Volume per 1 trade is 0.01 for 1000 USD of deposit.
Max trades per signal = 2
Take = 600
Trail = 200
Currently, I do not recommend trading Bitcoin (Name for Bitcoin = None by default). An insufficient history of bars favors strongly a buy, while Bitcoin seems to have reached its historical max (as of June 2024).
Be careful if you decide to trade Oil (Name for Oil = None by default). The min volume for Oil is very often 0.5, which is 50 times more than the usual min value.


Expert Advisor properties

  • Volume >> volume per trade. Fixed volume (example: 0.02) or percentage of available funds (example: 0.015%). The EA prints the real volume on the "Expert Advisors" tab when starting or changing the timeframe. Always use a fixed amount for accounts that use a deposit currency other than the US dollar (i.e. euro, yuan, bitcoin, Australian dollar, etc.).
  • Name for Gold >> check the full name for gold in the "Market Watch" of your MetaTrader and put it into this field. Set "None" to temporarily disable new trades for this symbol.
  • Name for Silver >> same as for "Name for Gold".
  • Name for Bitcoin >> same as for "Name for Gold".
  • Name for Oil >> same as for "Name for Gold".
  • Suffix for symbols >> it can be handy for those who have symbols with different suffixes in their terminal. Most users can leave this field empty.
  • Max trades per signal >> max number of trades per symbol per signal.
  • Take
  • Trail
  • Stoploss


Comentarios 2
Bobomechanic
157
Bobomechanic 2024.02.16 17:17 
 

I have purchased the Gold Chaser EA from Evgeniy about two months ago. The EA accurately replicates backtest results in live trades and has been profitable so far! Evgeniy is responsive person as well!

One more review about another Evgeniy's EA called "Intraday Rush". It works well in my view and I would like to keep my 5-star review for both products. I will update my review later.

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The utility TradeKeeper Pro allows you to open a trade manually with a magic and a volume of your choice. It does not open its own trades, it can only open a trade by your command. TradeKeeper Pro can trail any open trades by the iSAR (parabolic) indicator, and a simple trail. It can set the stoploss level at the open price as soon as possible. To trail any open trades for any instruments, it suffices to launch the utility in one chart. TradeKeeper Pro can close any trades or pending orders of
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Evgeniy Scherbina
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The indicator High Trend Pro monitors a big number of symbols in up to 4 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Pro is a multicurrency and multitimeframe indicator. High Trend Pro uses emproved versions of popular and highly demanded indicators for calculating its signals. High Trend Pro calculates the signal strength
NewsCatcher Pro opens both pending and market orders based on data from the mql5.com calendar. In live mode, NewsCatcher Pro automatically downloads the calendar, opens orders, trails and closes orders. NewsCatcher Pro can trade any event from the calendar with any symbol available in MetaTrader, including Gold, Oil and cross-rates. To change the default symbol, go to the event view you want to change it for. NewsCatcher Pro uses two strategies: Strategy 1 (pending orders): the advisor opens two
The advisor NewsCatcher Visual automatically downloads actual data from the mql5.com calendar. The advisor can work in the "autoclick" mode, that is it can open trades automatically by comparing actual and forecast values. It also allows to manually open both instant and pending orders with a set volume. Recommendations By default the advisor NewsCatcher Visual applies the "autoclick" strategy to all events of high volatility. This allows the advisor to work in the fully automatic mode. Howev
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Eleena
243
Eleena 2024.03.07 03:49 
 

El usuario no ha dejado ningún comentario para su valoración

Bobomechanic
157
Bobomechanic 2024.02.16 17:17 
 

I have purchased the Gold Chaser EA from Evgeniy about two months ago. The EA accurately replicates backtest results in live trades and has been profitable so far! Evgeniy is responsive person as well!

One more review about another Evgeniy's EA called "Intraday Rush". It works well in my view and I would like to keep my 5-star review for both products. I will update my review later.

Respuesta al comentario
Versión 2.1 2024.06.20
1. I added the American dollar index (the "Dixie") as a supporting symbol.
2. I substituted the stacked order of bars with the sequential one.
3. I corrected recommendations in the advisor properties.
Versión 1.5 2024.03.24
1. I updated the weights. I dropped the trade-off between a good historical chart and the ability to properly interpret future expectations. This approach should be better fit to deal with unseen data in the future.
Versión 1.4 2023.12.30
1. I reverted to 32 states because tests show it is better.
Versión 1.3 2023.12.19
1. I updated weights, I decreased the number of states. It should more reliable this way.
1. I changed the target values. Symbols of this advisor are different. To use the same target values, I use a multiplier. A base value is Bitoin, and Bitcoin's target values default to 400 and 100. It is all the same. Even if a value is different, if it is bigger it is bigger.
Versión 1.2 2023.12.10
1. I added trading on Oil and Bitcoin.
2. I fixed checks for opening new trades (it is an endless work).
Versión 1.1 2023.11.25
1. I corrected the setting of target values.