This gold EA is an advanced MT4 gold robot that is automated and was created specifically to trade the XAUUSD(GOLD) pair. This trading algorithm was created utilizing a custom trading indicator, together with additional indicators, a trading algorithm, and other factors.
Principal Elements of Gold EA
- The Gold EA strategy’s clandestine bespoke indicator is at the core of the approach. While the intricacies are still a secret, its amazing capacity to use market dynamics is clear.
- A trader’s toolbox must include trendlines, support levels, and resistance levels. These are woven into the Advanced MT4 Gold Robot’s strategic framework and used as markers for trade entrance and exit locations.
- A Meticulous Trend Correction Strategy: The Gold EA pinpoints prevailing market patterns regardless of market conditions, unlike many trading bots that trade continuously. In order to take advantage of market swings, it waits for trend corrections rather than trading with the trend. This makes sure that the profit potential is maximized by utilizing quick market changes.
- The EA is aware of the volatility of high-impact news releases thanks to its sophisticated news filter. As a result, it includes a cutting-edge news filter that avoids trading during certain times, so lowering the risks involved in trading.
- Auto GMT Time Support: This guarantees that the EA runs smoothly with the timings of international markets, providing a level of accuracy to its operations.
Recommendations
- Minimum of a $100 account, or an equivalent ordinary account worth $10,000
- EA is designed specifically to operate on XAUUSD (Gold). (Apply to any pair of currencies)
- On M15, it functions best. (Assemble any TimeFrame)
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).