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Gold4L Clover


Special Offer: Gold4L Clover Pro EA coming up!!! 
and will be free for the first 10 purchasers

(Gold4L Clover Pro will have dynamic trading options including percentage risk and much more)


Gold4L Clover EA

Overview: Gold4L Clover EA is a powerful automated trading system designed specifically for trading the GOLDUSD pair. This Expert Advisor operates on a daily timeframe, implementing a robust strategy that places multiple pending orders daily based on historical price levels. With a focus on risk management and optimized performance, Gold4L Clover EA ensures high trading precision and profitability.

Key Features:

  • Trading Instrument: GOLDUSD
  • Timeframe: Daily
  • Order Types: Pending orders (Buy Stop and Sell Stop)
  • Equity Range: Operates within a user-defined equity range to ensure safety and proper capital management.
  • Lot Size: Adjustable lot size with a default of 0.02.
  • Trading Hours: Configurable start and end hours, allowing trades only within specified times.
  • Take Profit and Trailing Stop: Configurable take profit points and trailing stop points for optimal trade exits.
  • Multiple Trades: Capable of placing multiple trades each day, with the number of trades configurable by the user.
  • Risk Management: Ensures there is sufficient margin available for each trade and validates trade volume according to broker requirements.

Parameters:

  • MinEquity: Minimum account equity required to trade (default: 100).
  • MaxEquity: Maximum account equity allowed for trading (default: 100000).
  • LotSize: Default lot size for each trade (default: 0.02).
  • StartHour: Trading start hour (default: 0).
  • EndHour: Trading end hour (default: 23).
  • TakeProfitPoints: Points for take profit (default: 100).
  • TrailingStopPoints: Points for trailing stop (default: 6).
  • NumberOfTrades: Number of trades to place each day (default: 4).

Functionality:

  • Pending Orders: Places buy stop and sell stop orders based on the previous day's high and low prices.
  • Trailing Stop: Dynamically adjusts stop-loss levels to lock in profits as the market moves favorably.
  • Margin Check: Ensures there is sufficient margin available for each trade before placing orders.
  • Volume Validation: Confirms that the trade volume complies with the broker's minimum and maximum volume requirements.

Detailed Description: Gold4L Clover EA is designed to place pending buy and sell stop orders at the previous day's high and low prices, respectively. The EA checks if the current equity is within the specified range before placing trades. It ensures that the last order was not placed on the same day to avoid duplicate trades.

For buy stop orders, the stop loss is set at the previous day's low, and the take profit is set a specified number of points above the previous day's high. For sell stop orders, the stop loss is set at the previous day's high, and the take profit is set a specified number of points below the previous day's low.

The EA includes a trailing stop mechanism that adjusts the stop-loss level as the market moves in favor of the trade. The trailing stop is activated only if the new stop loss is better than the current one and if it meets the minimum movement condition from the entry price.

Use Case: Gold4L Clover EA is ideal for traders who focus on the GOLDUSD pair and prefer automated trading strategies. It suits those who require precise risk management and flexible trading hours. The EA is designed to perform well on raw spread accounts.

Requirements:

  • Account Type:  Raw account with low spreads is preferred. 
  • Broker: Adapted for brokers offering raw spread accounts.
  • Trading Platform: MetaTrader 5.

Disclaimer: Trading involves significant risk, and it is essential to understand the risks before using this EA. Ensure to test the EA on a demo account before deploying it on a live account.

Support and Updates: Regular updates and support are provided to ensure the EA adapts to changing market conditions and maintains optimal performance. For any queries or support, please contact us through the MQL5 community.



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Lo Thi Mai Loan
5 (10)
Promozione di lancio! Rimangono solo poche copie al prezzo attuale! Prossimo prezzo: 1533 $ Prezzo finale: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page 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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Aleksandr Chebotaev
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Mr James Daniel Coe
4.64 (11)
9 consulenti al prezzo di uno L'ultimo bot che dovrai mai acquistare. Ultimate Bot è un Expert Advisor multi-strategia che fa trading su   XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY e EURJPY, utilizzando una combinazione di modelli di trend-following, mean-reversion e breakout. Ogni strategia fa trading sul capitale del conto, quindi se un gruppo è in drawdown, gli altri riducono il rischio, lavorando insieme per ottimizzare la performance. L'impostazione di una volta del
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Marzena Maria Szmit
4.35 (48)
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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Valeriia Mishchenko
4.1 (39)
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Profalgo Limited
3.88 (8)
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Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.5 (2)
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Bogdan Ion Puscasu
4.91 (77)
Ciao a tutti, mi presento: Sono   Quantum StarMan,   il membro elettrizzante e più fresco della famiglia   Quantum EA   . Sono un EA multivaluta completamente automatizzato con il potere di gestire fino a 6 coppie dinamiche:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD e USDCAD   . Con la massima precisione e incrollabile responsabilità, porterò il tuo gioco di trading al livello successivo. Ecco il kicker: non mi affido alle strategie Martingale. Invece, utilizzo un sofisticato sistema di gr
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Marzena Maria Szmit
4.8 (40)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Gregory Hay
4.81 (16)
benvenuto a       Versione GoldExcel EA MT5   , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. JinZhuo       Questa è una strategia di trading giornaliero che utilizza solo coppie d'oro. Le coppie d'oro sono idea
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Mohamed H A Dabouqi
1556
Mohamed H A Dabouqi 2024.08.23 00:29 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Omer Ijaz
275
Risposta dello sviluppatore Omer Ijaz 2024.08.23 22:58
Thank you :)
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Versione 1.2 2024.08.01
Gold4L Clover EA v1.2

The Gold4L Clover EA is designed specifically for trading the GOLDUSD pair, optimized for raw spread accounts but also capable of working on standard accounts. This updated version 1.2 includes several enhancements, such as a unique magic number for trade identification and improved parameter flexibility. The EA places two pending orders daily based on the previous day's high and low, with customizable lot sizes, trading hours, take profit, and trailing stop points. It also ensures proper margin and volume validation to meet broker requirements. Experience consistent and strategic trading with Gold4L Clover EA!