Gold4L Clover Pro
Gold4L Clover Pro will be priced at $499 in the future.
Please contact me after the purchase to receive the recommended set files for optimal configuration and performance.
GOLD4L CLOVER PRO VERSION 1.9
GOLD4L CLOVER PRO is a sophisticated trading algorithm specifically designed for the MetaTrader 5 platform. This Expert Advisor (EA) is optimized for XAU/USD (Gold) and includes a range of advanced features to ensure consistent performance in both trending and volatile markets. The EA is built with dynamic risk management, customizable stop-loss, and take-profit settings, making it adaptable to various trading styles.
Main Features:
- Dynamic Stop-Loss Options: Includes both fixed stop-loss and dynamic stop-loss calculation based on ATR (Average True Range). The ATR multiplier ensures flexibility in risk management.
- Breakeven & Trailing Stop Logic: GOLD4L CLOVER PRO offers fully customizable breakeven settings that lock in profits after a specified distance, along with a trailing stop feature for optimal trade management.
- Partial Close Functionality: The EA can partially close positions based on profit thresholds, allowing traders to secure profits while leaving positions open for further gains.
- Money Management: The EA includes built-in risk management tools with an optional dynamic lot size calculation based on the account balance and risk percentage.
- High-Impact News Filter: GOLD4L CLOVER PRO avoids trading during high-impact news events, preventing trades in highly volatile conditions.
- Trading Hours Control: It allows users to define specific trading windows and ensures trades are placed only within specified times to maximize safety and profitability.
Parameters:
- Initial Lot Size: 0.02 (default).
- Take Profit Points: 100 points, customizable.
- Stop Loss: Adjustable manual stop-loss or dynamic ATR-based stop-loss (ATR Period: 14, ATR Multiplier: 1.5).
- Risk Percentage: Optional, default set to 1.5%.
- Breakeven: Trigger at 50 points, fully customizable.
- Partial Close: Option to close 50% of the position when a predefined profit threshold (10 USD) is reached.
- Trailing Stop: Enable or disable, with a default trailing distance of 10 points.
- Avoid High-Impact News: Enabled by default, with a 30-minute buffer before and after news releases.
Recommended Settings:
- Symbol: XAU/USD (Gold).
- Recommended Balance : $ 500 to $1000
- Minimum Account Balance: $ 200
- Broker: Low spread brokers with fast execution are recommended for optimal performance.
User-Friendly Design: GOLD4L CLOVER PRO is designed to be fully customizable, with straightforward settings that are beginner-friendly, while still offering advanced options for experienced traders.
Disclaimer: Trading involves risks. Please test the EA on a demo account before using it on live accounts. Always ensure proper risk management.
Support and Updates:
Gold4L Clover Pro comes with regular updates to ensure it adapts to changing market conditions and maintains optimal performance. For inquiries, assistance, or feedback, please reach out via the MQL5 community.
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