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GoldFirst MT5

You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT5)

If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings and AdaptiveSwing fields from inputs

If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings and AdaptiveSwing fields from inputs

INPUTS:

Time start | Time end 
These 2 inputs are used for creating a time interval (hour and minute) in which the EA will work
Important! If a trading cycle starts before the ending time then the EA will keep working (placing trades) until it reaches the TakeProfit level or the Stop Loss level (even if this means it will trade after the ending time)

Use second time period

Set on true if you want to add a second time interval of the day in which to trade

Time start 2 | Time end  2
The values for the second time interval. They will be active ONLY IF you will set the Use second time period input on true

Noise, points
The points a price has to move (up or down) so we can consider the move as a valid swing. We do not take into consideration price moves smaller than this when opening a new Trading Cycle.

Start price, points
The points that are calculated from a price Local Low or Local High where the 1st trade of a Trading Cycle will be placed.

The higher the value, the safer the strategy will be and the fewer trades you will get.

This should always be greater than Noise

Step, points
The distance (in points) that has to pass from the previous trade within the current Trading Cycle.


TakeProfit, points

The distance (in points) that a current swing will have to reverse in order to close all trades of that Trading Cycle.

StopLoss, points 
The distance (in points) that a current swing has to develop in order to close all trades of that Trading Cycle. 


Initial lot

The trading volume of the 1st trade of a Trading Cycle should have


Lot multiplier

The multiplication factor is taken into consideration for calculating the volume of the next trade. If trade nr 1 of a Trading Cycle will have the volume of 0.01 lots and the Lot multiplier is set on 2, then the 2nd trade of that trading cycle will have a volume of 0.02 lots.

RISKS

Broker Risks
Executing trades with large slippage
Having large spreads and swaps that can eat up a good chunk of your profits
How to avoid: 
choose a broker with high leverage, low spread (< 3 pips), no commission


Trading funds Risks: 

Not having enough money for the input values that are set ( the strategy will want to open a new trade and will have no available funds)

How to avoid: 
start with the recommended amount of money


Strategy risks

The main risk that is 100% coming from the strategy itself (if inputs values are set correctly) is that something that has not been seen before in gold price action will happen.
GoldFirst has some recommended input values that are based on the historic price action of gold. If a gold price move will be extended like never before (in recent history) then will hit your StopLoss value and will create a large loss in your account.
How to avoid:
Don’t trade during important news days (there is an economic calendar you can follow)
Choose to trade/not to trade when unexpected news happen (covid burst, financial crisis, war, wheather dissasters etc) 

Respect the input values 


Human error risks
Changing the time frame while the EA is running
Setting input values that will result in losses
How to avoid:
Pay great attention to all aspects when setting up and laughing
Check the bot a few times a day




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Quantum Wizard, S&P500 (US500) ticareti için gelişmiş bir Uzman Danışmandır ve   en yüksek performans için tasarlanmış gelişmiş bir ızgara sistemi ve gelişmiş para yönetimi   kullanır. 2 yıldan fazla bir süredir geliştirilme aşamasındadır ve en son güncelleme bu yıl gelecektir. Artık portföyünüzü endeks ticaretiyle çeşitlendirebilirsiniz. Quantum Wizard'ın kurulumu çok basittir; herhangi bir zaman diliminde US500'e varsayılan ayarlarla kurulması yeterlidir. Londra ve New York borsası zamanl
Darwin Evolution MT5
Guillaume Duportal
4.58 (60)
Darwin Evrimi -30% Promosyon !! 1490 USD - 990 USD Sınırlı Süre (Bir sonraki güncellemenin varışına kadar geçerli olan teklif, zaman kaybetmeyin ) !!! Bu EA'nın backtest'i yapamazsınız, herhangi bir mantık olmadan siparişler açacak! Açıklamalar: - Operasyonu anlamak, gelin ve blogu okuyun (bu EA, Forex Ticaret Felsefemi Yansıtıyor ... Eğer bir şeyler görmemiz için yolumu seversen, o zaman EA'dan hoşlanacaksın. Bunu yapmak için zaman ayırın !! (Forex bir yarış değil): https://www.mq
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Stock Indexes EA MT5
Marzena Maria Szmit
5 (12)
Stock Indexes EA is a sophisticated   trading robot   meticulously engineered to capitalize on the dynamics of the   US30   index. This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter   has also been added to the robot, which prevents it from opening a position during   important economic news , minimizing the risk. In robot, you can also specify the days and
XG Gold Robot MT5
Marzena Maria Szmit
4.38 (79)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Razor MT5
Anton Kondratev
5 (5)
Razor EA    Tamamen Otomatiktir ve       Açık       Sistem       Düşme Koruması       Ve       Sabit       SL. Only 1 Copies of 10 Left  for 815 $ Next Price 1675 $  Sinyaller Rehber Komisyon İadesi Güncellemeler Bloğum Not Simple    Grid,     Not     Martingale, Not AI , Not Neural Network. Default Settings for One chart    AUDCAD     M15 (Supports 1OHLC mode for weak PCs)  Bu, BİR grafikte çalışan AUDCAD, AUDNZD, NZDCAD üç döviz çifti için Çoklu Para Birimi stratejisidir. Algoritma, son 20
Çoğu Uzman Danışman (EA) neden başarısız olur? Pek çok Uzman Danışman, pazar değiştiğinde kaybolan geçici istatistiksel avantajlara dayanır ve bu sürekli olarak gerçekleşir. Aşırı optimizasyon sorunu Ayrıca, çoğu geliştirici, geçmişte mükemmel sonuçlar elde etmek için EA'larını ince ayarlama tuzağına düşer, ancak bunun gelecekteki pazar performansına yansımayacağını fark etmez. Gelecekteki senaryoları dikkate alan testler yapmak çok önemlidir. Çeşitlendirme önemi Tüm yatırımla
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Pham Khanh Duy
5 (3)
Dolar Maliyet Ortalaması çok basit ve eski bir ticaret algoritmasıdır, ancak geçmişten bugüne çok kullanışlıdır. (Not. DCA Pro Trend AI'yi kiralayan ve satın alan tüm kullanıcıların, Kullanım Kılavuzunu almak ve takas öncesinde önerilen kurulumu almak için bana mesaj göndermeleri gerekmektedir) Ben bir tüccarım, 2009'dan itibaren ticarete başladım ve artık ticaret benim hayatım. Bu EA'yı tüm bilgilerimi, tüm ticaret tecrübelerimi, fon yönetimi tecrübelerimi baz alarak kodladım. Size bir sor
" Silicon Ex ": Your Reliable Assistant in the World of Forex Silicon Ex is a modern trading bot, specially created for traders in the Forex market. This innovative tool serves as a reliable partner for those who strive for efficient and automated trading. Key Features of "Silicon Ex": Reliability and Stability: Created using advanced technologies that ensure stable and reliable operation in the market. Intelligent Risk Management: Built-in money management system (Money Management) allows yo
One Gold MT5
Stanislav Tomilov
4.6 (20)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and and advanced technologies in neural networks, EA is capable of analyzing historical and current
Top Algo
Yvan Musatov
5 (1)
Торговый робот Top Algo является технической разработкой для автоматизации торговли на валютном Форекс рынке. Его цель — помочь как начинающим участникам рынка, у которых недостаточно фундаментальной базы в сфере трейдинга  так и профессиональным и облегчить опытным инвесторам процесс приумножения прибыли. Top Algo можно также назвать мультивалютным роботом-советником, так как он может работать на нескольких валютных парах.  Профессиональный эксперт Top Algo может подключиться к вашему торгов
Yazarın diğer ürünleri
GoldFirst
Adrian Claudiu Filip
You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT4) If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings fields from inputs If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings fields from inputs INPUTS: Time start hour 1 | Time start minute 1 | Time end hour 1 | Time end minute 1 All these 4 inputs are used for creating a time inte
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