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Meme Gold

EA Meme Gold is an automated trading robot programmed specifically for the Gold market (XAUUSD). This robot combines scalper strategies, smart entries and position management to optimally grow your account with low risk. EA uses Stop Orders and modification method to optimize entry points and quickly exit positions with small profits of scalper strategy. Use Time to Close option is available to close the floating position at a specific time of the day to help manage risk and reduce risk.

Setup is easy, with the default settings being the recommended configuration.

Settings: 

 Max Spread      = 30 to 50 (Must be higher than the average spread of the currency pair)
 Fixed Lot  = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)
 Auto Lot  = 1.0 to 10.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)
 MaxTrades  = 10
 Trailing  = 8 (point)
 Start Trailing  = 25 (point)
 Stop Loss  = 0 (point, = 0 mean no use)
 Allow Hedge Orders  = True (or False) (Allows Buy signals to be executed when there are floating Sell orders and/or vice versa)
 Use Time to Close  = True (or False)
 Time to Close  = 22:15
 Magic Number  = your number

* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).

* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.

Recommend:

Time frame: M1 or M5. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts, spread < 30 points. Min Balance: $500

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Versão 1.2 2024.08.30
Add parameter: Allow Hedge Orders

(Note: Hedge Orders is not a Hedge strategy, it simply allows opening a Buy position when there is a Sell position or vice versa.)
Versão 1.1 2024.08.08
Add parameter: Stop Loss (value = 0 means do not use this parameter, unit is Point)