GoldRushPro
- エキスパート
- Yuri Congia
- バージョン: 1.23
- アップデート済み: 27 6月 2024
GoldRushProEX: The Ultimate Trading Companion
Welcome, Traders and Investors!
Embark on an unparalleled trading journey with "GoldRushProEX" – your ultimate trading companion designed to navigate the complexities of the financial markets with precision and efficiency. In this comprehensive guide, we unveil the intricate workings of this cutting-edge trading tool, meticulously crafted to elevate your trading strategy to new heights.
now on the market for FREE worldwide:
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TELEGRAM CHANNEL OF THIS EA:
https://t.me/+NLsEkOhNXUZmZDM8
Unlock Advanced Trading Strategies:
Are you ready to explore innovative trading strategies? "GoldRushProEX" offers a diverse range of strategies tailored to suit your trading preferences. From Buy & Sell Rotating to Candlestick Charts and Balance Hedging, you have the flexibility to choose the approach that aligns with your goals.
Enhanced Money Management:
Experience the freedom of advanced money management features with "GoldRushProEX." Whether you prefer automatic lot sizing or manual control, our comprehensive money management settings empower you to optimize risk and maximize returns.
Stay Informed with News Filtering:
Navigate market volatility with confidence using our integrated news filtering feature. Filter news by currency, volatility, and update intervals to stay ahead of market-moving events and make informed trading decisions.
Flexible Time Settings:
Take control of your trading schedule with flexible time settings. Whether you prefer to trade around the clock or during specific hours, "GoldRushProEX" adapts to your preferred trading schedule with ease.
Comprehensive Information at Your Fingertips:
Access critical trading information effortlessly with our integrated information settings. Stay informed about trading conditions, news events, and strategy performance, all from within a single, user-friendly interface.
Seamless Integration and Compatibility:
Designed to seamlessly integrate with your trading platform, "GoldRushProEX" offers universal compatibility across different devices and trading environments. Experience the convenience of trading whenever and wherever you choose.
General Settings
- Magic Number: A unique identifier for the trades managed by the EA.
- Comment: Text attached to each trade for identification.
- Initial Lot Size: The lot size for the first trade.
- Maximum Trades: The limit on the total number of trades open at the same time.
- Minimum Profit: Minimum profit in dollars required to close a position.
- Distance: The distance in pips between the current order and the next one.
- Pip Step: Size of the step in pips for the increments in subsequent trades.
- Lot Multiplier: Multiplier to increase lot sizes in subsequent levels.
- Maximum Spread: Maximum allowed spread to open new trades.
- Break Time: Time in minutes between trades (rest interval).
Distance and Pip Step:
- Distance: It sets the interval at which new trades are opened. For instance, if the distance is set to 50 pips, a new trade will be opened every 50 pips.
- Pip Step: This determines the step size for trade increments. If set too low, it can lead to over-trading, especially in volatile markets like gold.
Money Management Settings
- Use AutoLot: Enables or disables automatic lot calculation.
- Balance per Initial Lot (AutoLot): Balance used to calculate the initial lot in auto mode.
- Balance per Cycle (AutoLot): Balance used to calculate lot sizes for subsequent trades.
- Maximum Initial Lot (AutoLot): Maximum initial lot size in auto mode.
- Enable MM Plus: Enables or disables the daily profit target function.
- Daily Profit Target: Daily profit target in dollars.
- Enable MM Risk Loss: Enables or disables the maximum loss function.
- Maximum Loss: Maximum allowed loss as a percentage of the account balance.
• Automation: Automates the risk management process, reducing the need for manual intervention.
Strategy Settings
- Selected Strategy: Choice of the strategy to use.
- Use Average Bar: Enables or disables the use of the average bar for calculations.
- Number of Bars: Number of bars used to calculate the average.
- Exponential Weight: Weight for the bar average.
- Use EMA: Enables or disables the use of exponential moving averages.
- Fast EMA: Period for the fast exponential moving average.
- Medium EMA: Period for the medium exponential moving average.
- Slow EMA: Period for the slow exponential moving average.
Signal Confirmation: The identified pattern must be confirmed by price movement. For example, a Hammer at the end of a downtrend might indicate a bullish reversal if the next candle closes above the Hammer's high.
Additional Filters: The strategy might include additional filters such as volume, volatility indicators, or support and resistance to confirm the validity of the pattern.
Doji: A candle with a very small body and long shadows, indicating market indecision and potential reversal if formed in an extended trend.
Practical Application
Confirmation: Price movement above/below the pattern, increasing volume.
Demo Trading: Test the strategy in a demo account to observe its real-time behavior and make adjustments if necessary.
Benefits and Considerations
Necessary Confirmation: Using additional filters to confirm signals can help reduce false signals.
News Filter Settings ( IN THE NEXT UPDATE)
- News Filter: Enables or disables the news filter.
- Filter by Currencies: Selects the currencies to monitor for news.
- Defined Currencies: List of currencies to filter news for.
- Filter by Volatility: Sensitivity of the news filter based on volatility (star rating system).
- Update Interval: Interval for updating the news filter.
- Stop Trading Before and After News: Hours to stop trading before and after news events.
- Server Time Offset: Time difference between the server and local time.
- Allow Panel at Chart Right: Option to position the information panel to the right of the chart.
The EMA (Exponential Moving Average) filter is an important tool in Gold Rush Pro. Here’s how it works and how it can impact trading:
What is the EMA Filter?
The EMA filter uses exponential moving averages to analyze long-term trends compared to short-term ones. It’s designed to filter trading signals based on trend direction.
How Does It Work?
1. Trend Identification: The EMA filter compares two exponential moving averages, one long-term and one short-term. When the short-term EMA is above the long-term EMA, it indicates an uptrend, and vice versa for a downtrend.
2. Signal Generation: Depending on the identified trend direction, the EMA filter allows or blocks trading signals. For example:
• Uptrend: The EA can be set to open buy trades only.
• Downtrend: The EA can be set to open sell trades only.
3. Signal Filtering: The EMA filter helps avoid trades against the dominant trend, improving signal quality and reducing false signals in volatile markets.
EMA Filter Parameters
You can adjust the periods of the EMAs used in the filter to match your trading style and market volatility. The default settings are a good starting point, but you might experiment with different periods to see what works best in your specific scenario.
Tips for Use
• Test and Adapt: Try different EMA filter configurations in a demo environment to see how they affect your trading results.
• Trend Alignment: Use the filter to align your trades with the overall trend direction, reducing the risk of entering unfavorable trades.
Setting Trading Hours
Here’s how you can configure the EA to trade between 07:00 and 21:00 UK time, considering your server is 2 hours ahead of UK time.
• Test in Demo: Run a test on a demo account to verify that the trading hours are correct before applying them to a live account
Time Settings
- Use Time: Enables or disables the use of a time window for trading.
- Start Hour: Hour when trading starts.
- End Hour: Hour when trading stops.
- Monday Orders: Enables or disables trading on Monday.
- Tuesday Orders: Enables or disables trading on Tuesday.
- Wednesday Orders: Enables or disables trading on Wednesday.
- Thursday Orders: Enables or disables trading on Thursday.
- Friday Orders: Enables or disables trading on Friday.
- Saturday Orders: Enables or disables trading on Saturday.
- Sunday Orders: Enables or disables trading on Sunday.
Managing Trading Outside Scheduled Hours
When Gold Rush Pro is set to operate only within specific time frames, here’s what happens outside those hours:
1. Stop New Trades:
• No New Trades: The EA will not open new trades outside the scheduled trading hours. So, if trading is scheduled between 09:00 and 23:00 (server time), no new orders will be opened after 23:00 and before 09:00.
2. Handling Existing Trades:
• Closing Existing Trades: Gold Rush Pro will continue to manage existing trades outside the scheduled trading hours. If there are open positions that meet the criteria for closure (e.g., reaching a profit target or a stop loss level), the EA will close them even outside the trading hours.
• No New Trade Sequences: Even though it closes existing trades, it will not start new trading sequences until the start of the next scheduled interval.
What This Means for You
• New Trades: Ensure the trading schedule covers the hours during which you want to open new positions.
• Existing Trades: Open positions will be monitored and closed based on the set parameters, ensuring risk management even outside active hours.
• Test in Demo: Before applying these settings on a live account, try setting them up in a demo account to verify that they work as intended.
Information Settings
- Information Display: Enables or disables the display of specific EA information on the chart or in logs.
Unlock Your Trading Potential with GoldRushProEX!
Experience the future of trading with "GoldRushProEX" – your gateway to enhanced profitability, advanced strategies, and unparalleled trading efficiency. Join the ranks of successful traders and unlock your trading potential today!
It's a very good EA, both in terms of backtesting and real performance, and the support team is very good. Even though it's free, they still support it like an expensive one. I only encountered a small problem, but the team tried very hard to solve it for me. Thank you very much.