After years of development, the Gold Trader EA is finally for sale! The Expert Advisor works with complicated algorithms with interaction of almost all functions. The Gold Trader EA trades on set trading hours and in this case when the important news is coming around the world! With a pyramid system, trailing stop and partial sales, the EA achieves very good results in the strategy tester. You'll be protected from big losses with risk management and in case profits grow, your positions will gain weight by increasing the volume automatically! The Gold Trader EA reverses your position when the order is either in minus or in plus. This increases the chances of still bringing the day into the plus. Now let's get down to the details.
This EA offers functions: start trading, end trading, Сlose order(time), pending order placement (time), trapping stop (automatically according to strategy), trading can be switched off, daily range (strategy), stop loss on the day (risk management) , close order (button), stop loss (risk management), take profit (money management), tracking stop and tracking step (strategy), risk per order (risk management) and much more!
Installation instructions can be found on my blog. https://www.mql5.com/en/blogs/post/753908
Preset file PN to operator!
Signal Link
EA settings
---------- General ----------
magicnumber
commentary
---------- Risk and Money Management ----------
Risk per order in% (With risk you change the volume! At your own risk!)
volume automatically
SL Points
TP Points
TP with Day - Range/2? (taken half of day span)
SL of Day (number of negative orders per day)
Day in minus reverse?
Day in plus reverse?
Close order by time? (If the position does not come into plus after the entered time in minutes, it will be closed!)
----------Partial Sale Management----------
Partial sale Multiply Risk (true/false in %)
---------- Daily range Settings ----------
Trade if Daily range is less than (%)?
Trade if Daily range is greater than (%)?
---------- Pyramiding Settings ----------
Pyramid manager (true/false)
Total Orders SellStop and BuyStop!
Break Even in Points.
---------- Trading start and end (00:00) Filter ----------
Trading start period
Trading end period
Close order by time enter in hours
---------- Monthly trading filter ----------
---------- Trading days filter ----------
Adapt to your region and brocker!
---------- Panel Settings ----------Recommendations:
- Symbol: XAUUSD
- Time Frame: Any
- Minimum deposit: $300 (leverage 500) The lower the leverage, the bigger account.
- Account Type: ECN, Raw or Razor with very low spreads.
The pyramid system works like this:
If Pyramide Manager is set to true in Settings, the following happens.
Pending orders are placed in both directions.
Number of total orders adjustable.
If Fixed Profit Today is in minus or in plus then pending orders will be deleted.
The distance between individual pending orders is the stop length in points.
Preset for XAUUSD PN to operator !
I hope you got all the information. I can always be reached in writing via PM and am happy to answer.
I wish you a lot of fun with the EA and good trades!
Cent accounts are supported with a leverage of 2000 and balance 300 000 usd/eur.
Version 1.1 Fixed tick sleep
Version 1.2 Error when deleting limit orders corrected!
Version 1.4 Close Profit order by time!
your Igor.
