Forex Gold Trading EA

It is not advised to use Gold Trading EA elsewhere because it was created specifically to trade on the XAUUSD(GOLD) pair. Gold Trading EA is an automated Forex Gold EA. Having the proper tool in your hand to assist you is a key part of the gold trading process because trading on the gold market is both more profitable and riskier than trading on other pairs.

It is a risk scalper that actively makes use of dynamic grids and martingales, enabling you to withdraw money more quickly and place fewer trades. Since each cycle is independent, multiple cycles can exist at once. As a result, you can specify a maximum number of concurrent cycles.

Describe a cycle. A cycle is a tactic that consists of an entry, a signal, and an exit.
Each cycle runs separately. It has several orders, a unique signal, breaks even, and take profits that are greater than [MinProfit].

The amount of active cycles that small traders can define will depend on their current balance.

But take care. 100 dollars are equal to one cycle SL for a 0.01 starting lot. If you start with $100, you run the risk of losing it all.

With a good profit/drawdown ratio, this top gold trading robot has been operating on MQL5 live signal for more than two months. Developers claim that because it is already tuned for gold pairs out of the box, no parameter tweaking is necessary. Nevertheless, you can alter the input parameters and tailor them to your needs.

It has a news filter to prevent uncontrolled slippage when breaking news like NFE/NFP or FOMC happens.

Recommendations

• A minimum balance of $1,000 or an equivalent cent account is required.
• work best on EURUSD and XAUUSD (GOLD).(Assist any couple)
• Although the timing has little effect on real-time trading, M1 is advised for higher test quality.
• Gold Rush is not advised for beginners, according to the developer. Before going live, make sure you comprehend how MT4 and this EA operate.
• Backtesting does not support News Filter. This will lead to false backtesting findings because News Filter will assist EA in removing bad trades to reduce Drawdown.
• 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).