XAUBands

The fully automated algorithm is designed for long-term XAUUSD gold trading, does not require intervention and additional settings, without fairy tales and super profitability. The EA does not use dangerous trading methods like grid and averaging. The EA has four trading strategies based on Bollinger Bands, Moving Average, MACD and Chaikin indicators, for each trade there is Takeprofit and Stoploss. Orders are opened if all the conditions for the specified indicators are met.

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Recommendations:

1. Set on the chart XAUUSD, H1, deposit from $100.
2. Settings for ECN accounts, stop level = 0.
3. Settings for three decimal places (for example - 1111.000).

Options:

• Lots - fixed lot (if 0 - in % of the deposit (Risk %)).
• Lot increase - lot increase in case of loss.
• Risk % - trading in % of your deposit.
• Lots step - lot step.
• MaxLots - the maximum allowable lot.
• Stoploss - fixed stop loss.
• Takeprofit - fixed takeprofit.
• Periodbb - Bollinger Bands period.
• Periodma - Moving Average period.
• Min body size [points]
• Min body size [points]
• Min body size [points]
• Deviation - slippage.
• Comment - comment.

== Trailing Stop Settings ==

• Enable trailing stop
• Trailing Stop points
• Profit in points when TS should kick in.