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Golden Meteor

Expert Golden Meteor is an automated trading solution specifically for the Gold market (XAUUSD). EA's strategies automatically analyze signals from price movements, momentum, price ticks models and then enter with high probability and low risk. Combining the scalper strategy, the EA executes trailing stops to exit positions quickly. Positions always have Stop Loss to protect accounts and reduce risks.

The strategy is researched, developed and perfected over many years with premium and exclusive algorithms.

Setting up the EA is simple and easy to use. No need for complicated set files, users just need to set the default (with Gold having 2 digits) and can start with a small balance from 300 USD.

Settings: 

 Fixed Lot     = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)
 Auto Lot  = 2 to 5 (= 3 mean auto lot size = 0.03 lots per $1,000 balance...)
 Trailing  = 8 (points)
 Start Trailing  = 32 (points)
 Take Profit  = 800 (points)
 Stop Loss  = 900 (points)
 Magic Number  any number
 Time Start  = 01:30 (MT4 time)
 Time End  = 22:30 (MT4 time)

* 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:

This EA is specifically designed for Gold (XAUUSD).

Time frame: any time frame. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 300

If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Stop Loss and Trailing values to 10 times the default value (ex: Take Profit = 8000, Stop Loss = 9000 ...).

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