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GoldSurge Phantom

GoldSurge Phantom

Overview:

GoldSurge Phantom is a cutting-edge Expert Advisor (EA) meticulously engineered for trading gold (XAUUSD) on the 1-hour (H1) timeframe. This EA integrates a sophisticated breakout trading strategy, enhanced with multiple risk management features, and is optimized for low spread brokers to ensure efficient trade execution and maximize profitability.

Live Signal

Set Files:

Key Features:
  • Breakout Trading Strategy: Utilizes historical price data to identify key levels for breakouts, ensuring precise entry points that capitalize on market momentum.

  • Enhanced Trailing Stop & Break-Even Functionality: Introduces a highly customizable trailing stop and break-even feature, allowing traders to secure profits and manage risks dynamically as trades progress.

  • Hidden Pending Orders: Executes trades based on hidden pending orders, reducing the likelihood of unfavorable broker manipulation and improving spread filtering accuracy.

  • Dynamic Risk Management: Offers flexible trade size calculations, including fixed lot sizes and percentage-based risk settings, tailored to various trading styles and risk tolerances.

  • Breakout Buffer: Adds a buffer to breakout levels, filtering out false breakouts and ensuring trades are triggered only on significant price movements.

  • Broker Commission Buffer: Adjusts for broker commissions, making trade outcomes more consistent and reliable by accounting for additional costs.

  • Max Drawdown Protection: Automatically halts trading and provides warnings when the predefined maximum drawdown limit is reached, safeguarding the trading account.

  • UI Updates: Continuously updates the user interface with real-time account metrics and EA status, ensuring traders have all the necessary information at their fingertips.

Input Settings:

  • Trailing Stop: Set the trailing stop distance in points to secure profits as trades move in your favor.

  • Use Trailing Stop & Break-Even: Toggle to enable or disable both trailing stop and break-even functionalities.

  • Breakout Buffer: Define a buffer value to prevent false breakouts and improve trade entry accuracy.

  • Trade Frequency: Choose between low and high trade frequency modes to match your trading style.

  • Money Management:

    • Fixed Lot Size: Specify a fixed lot size for each trade.
    • Trade Size Percentage: Set the trade size as a percentage of the account balance for proportional risk management.
  • Magic Number: Assign a unique identifier for the EA’s trades to track performance easily.

  • Order Comment: Customize comments for trade orders for better organization and analysis.

  • Drawdown Settings:

    • Use Max Drawdown: Enable or disable maximum drawdown protection.
    • Max Drawdown Percentage: Set the maximum allowable drawdown as a percentage of account equity.
  • Chart Settings: Customize the chart background color for improved visualization.

  • Spread Filter Settings: Define the maximum allowable spread to ensure optimal trading conditions and avoid costly slippage.

Broker Recommendations:

For optimal performance, it is recommended to use GoldSurge Phantom with a broker offering low spreads and fast execution speeds. These conditions minimize trading costs and maximize profit potential, particularly in the volatile gold market where spreads can vary significantly.

Trading Pair and Timeframe:

  • Trading Pair: XAUUSD (Gold)
  • Timeframe: 1-Hour (H1)

Conclusion:

GoldSurge Phantom is a powerful EA designed for traders aiming to capitalize on breakout opportunities in the gold market. With comprehensive risk management features and customizable settings, it is suitable for both novice and experienced traders. Pair it with a low spread broker to fully leverage its capabilities and achieve optimal trading results.



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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Profalgo Limited
5 (5)
Promoción de lanzamiento: Número limitado de copias disponibles al precio actual Precio final: 990$ NUEVO: ¡obtenga 1 EA gratis!   (para 2 cuentas comerciales) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files ¡Bienvenido a DayTrade Pro Algo!   Después de años de estudiar los mercados y programar distintas estrategias, he encontrado un algoritmo que tiene todo lo que necesita un buen sistema de trading: Es
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Asesor totalmente automático basado en el principio de oferta y demanda . El primero en ofrecer un asesor de oferta y demanda totalmente automatizado . Operar ahora es fácil y usted tiene control total sobre su estrategia comercial A través de un conveniente panel gráfico de operaciones. Obtiene un software de comercio algorítmico de altísima calidad con más de 15.000 líneas de código. Oferta y demanda Guía EA ProBot La mejor manera de negociar con los desafíos de Prop Firms y seguir todos l
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
McS Disciplined EA     Support currency: GBPCAD, AUDCAD, NZDCAD, GBPCHF  Time Frame: M1 chart Recomended Broker: EXNESS: RAW SPREAD, IC Market: Raw Spread Whether there is a single by the market decision, maybe a day a single are not, maybe a day top a few days of single volume, the greater the market the more single volume. A perfect EA curve is often up and down fluctuating back and forth to grow up. Only Martin class strategy curve is straight, but at any time will return to zer
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EuroSurge MT4
Bernard Petrus Le Roux
5 (1)
EuroSurge EA - Prop Firm Ready! Version 2.4 EURUSD set 5min GBPUSD set 5min XAUUSD set 5min Key Features: Prop Firm Ready: Designed to meet the stringent requirements of prop trading firms, ensuring compliance with their risk management rules. Multiple Trade Strategies: Choose between Indicator Strategy and PullBack Breakout , allowing you to run multiple strategies simultaneously to diversify and spread risk. Customizable Trade Direction: Control your trade direction with options to trade Buy
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Versión 2.2 2024.08.16
Version 2.2 Changes

Enhanced Trailing Stop Logic:
The trailing stop feature has been refined to adapt more effectively to market conditions, reducing the risk of trades being closed prematurely. This enhancement helps in locking in profits while minimizing unnecessary losses.

Break-Even Functionality:
A break-even feature has been introduced, allowing the stop loss to be moved to break-even once a trade reaches a certain profit level. This addition ensures that profitable trades are protected, reducing the chance of turning a winning trade into a loss.

Broker Commission Buffer:
A commission buffer has been added to account for broker fees, making trade execution more consistent and reliable. This buffer ensures that trades are less likely to be affected by unexpected costs due to broker commissions.

Hidden Pending Orders:
Pending orders are now hidden from the broker until execution, enhancing the accuracy of the spread filter and reducing the risk of strategic spread widening by brokers when trades are placed.

Introduction of Breakout Buffer:
A breakout buffer has been implemented to provide additional protection against minor fluctuations around key levels. This helps to avoid false breakouts, ensuring that trades are only triggered by significant price movements.