Indicator-Based Strategy: - It uses proven indicators like PSAR, EMA, and ATR to identify potential trades.
- It filters trades based on a higher timeframe EMA 200, to provide a trend bias.
Risk Management: - It calculates lot sizes based on a percentage of your account balance, helping to control risk.
- It uses ATR to calculate stop loss and take profit levels.
- It uses a risk reward ratio, so that take profit is a multiple of the stop loss.
- It can trail stop losses, to try and lock in profit
Golden Harvest Expert Advisor is optimized for Gold 15-minute (M15) timeframe to capture short-to-medium-term price movements with enhanced accuracy. The M15 timeframe provides a good balance between signal frequency and signal reliability, making it suitable for traders seeking more frequent trading opportunities while maintaining signal quality.