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Gold4L Clover Pro

Gold4L Clover Pro will be priced at $499 in the future.

Please contact me after the purchase to receive the recommended set files for optimal configuration and performance.


GOLD4L CLOVER PRO VERSION 1.9
GOLD4L CLOVER PRO is a sophisticated trading algorithm specifically designed for the MetaTrader 5 platform. This Expert Advisor (EA) is optimized for XAU/USD (Gold) and includes a range of advanced features to ensure consistent performance in both trending and volatile markets. The EA is built with dynamic risk management, customizable stop-loss, and take-profit settings, making it adaptable to various trading styles.

Main Features:

  • Dynamic Stop-Loss Options: Includes both fixed stop-loss and dynamic stop-loss calculation based on ATR (Average True Range). The ATR multiplier ensures flexibility in risk management.
  • Breakeven & Trailing Stop Logic: GOLD4L CLOVER PRO offers fully customizable breakeven settings that lock in profits after a specified distance, along with a trailing stop feature for optimal trade management.
  • Partial Close Functionality: The EA can partially close positions based on profit thresholds, allowing traders to secure profits while leaving positions open for further gains.
  • Money Management: The EA includes built-in risk management tools with an optional dynamic lot size calculation based on the account balance and risk percentage.
  • High-Impact News Filter: GOLD4L CLOVER PRO avoids trading during high-impact news events, preventing trades in highly volatile conditions.
  • Trading Hours Control: It allows users to define specific trading windows and ensures trades are placed only within specified times to maximize safety and profitability.

Parameters:

  • Initial Lot Size: 0.02 (default).
  • Take Profit Points: 100 points, customizable.
  • Stop Loss: Adjustable manual stop-loss or dynamic ATR-based stop-loss (ATR Period: 14, ATR Multiplier: 1.5).
  • Risk Percentage: Optional, default set to 1.5%.
  • Breakeven: Trigger at 50 points, fully customizable.
  • Partial Close: Option to close 50% of the position when a predefined profit threshold (10 USD) is reached.
  • Trailing Stop: Enable or disable, with a default trailing distance of 10 points.
  • Avoid High-Impact News: Enabled by default, with a 30-minute buffer before and after news releases.

Recommended Settings:

  • Symbol: XAU/USD (Gold).
  • Recommended Balance :  $ 500 to $1000 
  • Minimum Account Balance: $ 200
  • Broker: Low spread brokers with fast execution are recommended for optimal performance.



User-Friendly Design: GOLD4L CLOVER PRO is designed to be fully customizable, with straightforward settings that are beginner-friendly, while still offering advanced options for experienced traders.

Disclaimer: Trading involves risks. Please test the EA on a demo account before using it on live accounts. Always ensure proper risk management.

Support and Updates:

Gold4L Clover Pro  comes with regular updates to ensure it adapts to changing market conditions and maintains optimal performance. For inquiries, assistance, or feedback, please reach out via the MQL5 community.







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FREE
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H20Real
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H20Real 2024.09.27 11:44 
 

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Versão 1.9 2024.09.21
Dynamic Stop-Loss Options: Includes both fixed stop-loss and dynamic stop-loss calculation based on ATR (Average True Range). The ATR multiplier ensures flexibility in risk management.

Breakeven & Trailing Stop Logic: GOLD4L CLOVER PRO offers fully customizable breakeven settings that lock in profits after a specified distance, along with a trailing stop feature for optimal trade management.

Partial Close Functionality: The EA can partially close positions based on profit thresholds, allowing traders to secure profits while leaving positions open for further gains.

Money Management: The EA includes built-in risk management tools with an optional dynamic lot size calculation based on the account balance and risk percentage.

High-Impact News Filter: GOLD4L CLOVER PRO avoids trading during high-impact news events, preventing trades in highly volatile conditions.
Trading Hours Control: It allows users to define specific trading windows and ensures trades are placed only within specified times to maximize safety and profitability.
Versão 1.8 2024.09.15
UPDATED FEW CHANGES
Versão 1.7 2024.09.15
Partial Close Feature:

Added logic for partial closure of positions when a profit threshold is reached.
Both the percentage of closure and profit threshold are adjustable.
Breakeven Logic:

Introduced breakeven feature, allowing the stop loss to move to breakeven after a certain profit level is achieved.
Stop Loss Update:

Added option to enable/disable stop loss.
Stop loss value is now adjustable via parameters.
Dynamic Lot Size:

Lot size can now be calculated dynamically based on risk percentage and account equity.
Risk percentage reduced to 1.5% (previously 2%).
Avoid High-Impact News:

Added the ability to avoid trading during high-impact news events, with an on/off option in the parameters.
Money Management Enhancement:

Improved money management logic to adjust lot size dynamically based on account equity and the number of trades.
Equity Range Check:

Enhanced equity checks to ensure trading only occurs within specified equity limits.
Optimized Trade Placement:

Refined trade placement logic with improved validation for lot sizes, risk management, and trade conditions.
Versão 1.6 2024.09.07
In this version , the EA has been enhanced with several key features to improve its performance and risk management:

Enhanced Drawdown Control: Added functionality to stop trading when a specified drawdown percentage is reached. Trading automatically resumes after a set time, preventing further losses.

Risk Percentage Calculation: Integrated a more precise lot size calculation based on the risk percentage per trade. This ensures that trading stays within the specified risk management guidelines.

Trailing Distance Feature: Introduced a customizable trailing distance option in addition to the trailing stop, giving more flexibility in protecting profits while allowing trades to breathe.

Improved Money Management: The lot size is now adjusted dynamically based on either fixed lot size or risk percentage, further enhancing the trading strategy.

These improvements help the EA trade with better risk management, improved flexibility, and more optimized trade execution.