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GoldSurge Phantom

GoldSurge Phantom

Overview:

GoldSurge Phantom is an advanced Expert Advisor (EA) specifically designed for trading gold (XAUUSD) on the 1-hour (H1) timeframe. This EA employs a sophisticated breakout trading strategy, focusing on key levels derived from historical price data. The EA is optimized for low spread brokers, ensuring efficient trade execution and improved profitability.

Set Files:


Key Features:

  • Breakout Trading Strategy: Utilizes historical highs and lows to determine key breakout levels, ensuring precise entry points.
  • Dynamic Risk Management: Features adjustable trade size calculations, including fixed lot sizes and percentage-based risk settings.
  • Trailing Stop Option: Enables a customizable trailing stop to lock in profits as trades move in your favor.
  • Max Drawdown Protection: Halts trading and provides user warnings when the maximum drawdown limit is reached.
  • UI Updates: Continuously updates the user interface with current account metrics and EA status.
  • Hidden Pending Orders: Executes trades based on hidden pending orders, allowing for stealthy trade management.

Input Settings:

  • Trailing Stop: Adjustable trailing stop distance in points.
  • Enable Trailing Stop: Toggle to enable or disable the trailing stop feature.
  • Breakout Buffer: Buffer value to filter out false breakouts.
  • Trade Frequency: Select between low and high trade frequency modes.
  • Order Type Selection: Choose between using standard pending orders or hidden pending orders.
  • Money Management:
    • Fixed Lot Size: Set a specific lot size for each trade.
    • Trade Size Percentage: Define trade size as a percentage of the account balance.
  • Magic Number: Unique identifier for the EA’s trades.
  • Order Comment: Customizable comment for trade orders.
  • Drawdown Settings:
    • Enable Max Drawdown: Toggle to enable or disable max drawdown protection.
    • Max Drawdown Percentage: Set the maximum allowable drawdown as a percentage of account equity.
  • Chart Settings: Customizable chart background color for easy visualization.
  • Spread Filter Settings: Define maximum allowable spread and slippage to ensure optimal trade conditions.

Broker Recommendations:

For optimal performance, it is recommended to use GoldSurge Phantom with a broker offering low spreads and fast execution speeds. A low spread broker will minimize trading costs and maximize profit potential, especially given the volatility and spread variations in gold trading.

Trading Pair and Timeframe:

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

Conclusion:

GoldSurge Phantom is a robust EA tailored for traders looking to capitalize on breakout opportunities in the gold market. Its comprehensive risk management features, along with customizable settings, make it suitable for both novice and experienced traders. Ensure to use a low spread broker to fully leverage the EA's capabilities and achieve optimal trading results.



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Aleksandr Chebotaev
3.5 (2)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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4.95 (19)
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5 (1)
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Marzena Maria Szmit
5 (13)
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¡Promoción de lanzamiento! ¡Quedan solo algunas copias al precio actual! Próximo precio: 1533 $ Precio final: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper
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Babak Alamdar
3.53 (15)
No compre un backtest, sino un sistema comercial real Este precio es temporal mientras dure la promoción y aumentará en breve. Obtenga 1 EA gratis -> contácteme después de la compra Quedan pocas copias al precio actual, el siguiente precio es -->> 1480 $ Welcome to the GoldPulse AI Hey Soy GoldPulse AI!   ¡Este es el primer robot más inteligente que comercializa oro o XAU con pares completos como XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD y XAUCNH!   ¡Reviso las noticias todos
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Valeriia Mishchenko
4.34 (50)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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