Express Gold
- Uzman Danışmanlar
- Nguyen Hang Hai Ha
- Sürüm: 1.1
- Güncellendi: 19 Nisan 2025
- Etkinleştirmeler: 20
Expert Advisor Express Gold is the latest automated trading robot that applies Martingale strategy specifically for the Gold market (XAUUSD). Martingale is a high-risk trading strategy, however the EA incorporates a scalper approach on initial winning trades to reduce the losing streak and reduce risk. The EA has Stop Loss and Take Profit parameters and increases the Lot Size by a multiplier after losing trades (Martingale), with a suitable R/R ratio, a smaller multiplier can be set.
The EA is simple to use and set up, users can start with the default settings (with Gold having 2 digits).
Settings:
Parameters | Value |
Max Spread | = 25 to 60 (points for 2 digits, must be higher than the average spread of the pair) |
Use Auto Initial Lot | = True (or False) |
Auto Initial Lot Size | = 1.0 (= 1 mean auto initial lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...) |
Fixed Initial Lot Size | = 0.01 (apply if Use Auto Initial Lot = False) |
Multiplier Lot | = 1.33 (= 1.33 is suitable for Risk/Reward ratio = 1/3) |
Max trades with Multiplier | = 20 (trades) |
Take Profit | = 750 (points) |
Stop Loss | = 250 (points) |
Trailing | = 10 (points,Trailing if Win Streak) |
Start Trailing | = 50 (points,Trailing if Win Streak) |
Time Start | = 01:30 (hour:minutes) |
Time End | = 22:30 (hour:minutes) |
Magic Number | = your number |
Use Auto Initial Lot = True, EA will calculate initial lot size according to initial account balance.
Use Auto Initial Lot = False, EA will trade with initial lot size as Fixed Lot Size Initial
Multiplier Lot is the multiplier of lot size after each losing order and back to initial lot size after a winning order.
Recommend:
This EA is specifically designed for Gold (XAUUSD).
Time frame: any timeframe. Use VPS with low latency (< 20ms).
Use EA with ECN or Raw spread accounts, spread < 30 points. Min Balance: $ 500
If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Trailing values to 10 times the default value (ex: Take Profit = 7500, Trailing = 100 ...), because the pip, point ratio of 2 and 3 decimal places differs by 10 times.
Martingale is a risky strategy but many traders understand the risk and use it with their own risk management plan.
First day of trading on demo, opened many trades and has been profitable. It suits my trading style as i am a risk taker but everyone needs to be mindful of the risks involved with martingale trading. The EA trades very frequently too. Please keep this trading logic in any of the future updates as this proves to be very profitable. A very robust trading logic. Good work.