Gregory Hay / Profil

Publication publiéeGoldExcel V3.0 Essential Operational Information

Hi,

We release NEW Version 3.0 today for MT5. MT4 will be released tomorrow 26th Nov.

The 3.0 will be added to our 3 tracking accounts from Monday 4th March. This allows users a few days to setup so we can align from Monday. As noted below the system will now trade 2 times a day.

GoldExcel V3.0 - Essential Upgrade.

GoldExcel is 3.0 is an essential upgrade for more than 1 reason.

Performance - GoldExcel 3.0 now will run 2 trades per day as opposed to single trade system. This gives multiple benefits to users
of goldexcel.


Trade 1 (chart 1) MUST run on the 5 MINUTE chart.
Trade 2 (chart 2) will remain on the 30 MINUTE chart. (OR it will actually run on 5 min or 15 min also, immaterial to the trades)

(1) Diversity - By stepping into a twin chart/trade system, the user is making the system more diverse and not relying all on the
single trade to do all the work.
(2) Risk Management - The increase of 5.0 after loss can be an un-nerving jump in lots for most users. By implementing a twin trade, the
extra trade allows us to drop the increase to 3.0 from 5.0 after loss, making the jump after loss much easier to live with.
(3) No Trade Overlap - Trades are open and closed at seperate times, so in no way can there be any trade overlap, hence there is zero
correlation between trade 1 and trade 2.
(4) Stronger performance - The new trade we are introducing is actually stronger in backtesting than the current trade, so we know that
it will fulfil itself as a strong partner to the existing trade.


PROP Account Users:
The GoldExcel 3.0 is critical for prop users also. Problems faced with prop trading is trades disallowed to all use same system, etc.
on V3.0 has multiple ways to "scramble" some of the settings that allows EA to trade almost identically but marginally different and without
any performance decrease.

These small minor changes makes everyones trade a little different from one another, avoiding prop infringement of terms.

These 5 changeable Factors are:
(i)Upside Gap
(ii)Downside Gap
(iii)Trailing start
(iv)Trailing stop
(v)Breakeven

What they can be adjusted to and from is outlined in the updated manual GoldExcel V3.0

We have also provided sets for prop firms in the comments.

Bugs Addressed.(v3)
(1) Issue with not enough money error fixed when users using prop firms and low leverage brokers, this margin calculation issue is fixed.
Especially prevalent when the recovery trade was in play.
(2) Users now with 7 digit broker quotes (exness/IG/Oanda/Weltrade/Robo) have now the ability to use EA without need for special version.


Set files are provided in the comments section for:
GMT+2 6 digit broker (e.g mostly all prop firms,IC, Tickmill, etc, and 90% of all ASIC/FCA/CYSEC brokers)
GMT+2 7 digit broker (e.g weltrade, robo)
GMT+0 7 digit broker (e.g exness,oanda)


Overall the upgrade we believe is a positive one, it boosts performance & diversity whilst lowering the hard jump post loss. This will provide a
more balanced equity curve with uncorrelated trades.

Backtesting - Use sets provided and make sure to use the chart 5 minute when testing. Backtesting results are in comments of product.

Any questions, contact by PM.

Keep an eye on comments section as I populate with sets and backtests in coming 24 hours.

All current MT5 GoldExcel Holders contact me for V3 UserGuide if I dont reach out to you.

Laisser un feedback au développeur pour le travail Mod to EA money management fix

another great week for the excel with a strong finishing friday
https://www.mql5.com/en/market/product/111410

New EA, Gold Excel
https://www.mql5.com/en/market/product/108274