This strategy employs multiple advanced indicators to enter trade.Trade closing algorithm was employed in this trading system. be informed that this expert has been tested from 2001 to 2022 as shown on the equity curve attached. This strategy is contain in expert advisor - Golden Taobel .
Default set is for EURUSD on 1 hour timeframe .
Requirements
- Minimum deposit of $100
- Low spread brokers.
- Uninterruptible internet connection or VPS;
Input Parameters
- Display_EA_Name - if set true, dashboard of the EA is displayed;
- Magic Number - trade identification number;
- SL - Stop loss for every trades;
- TP - Take Profit for every trades ;
- FixedLots - Fixed trading volume for every open positions if 'UseMoneyManagement' parameter is set to false
- UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below
- MaximumRisk - percentage of initial deposit to be used in opening a single trade;
- DecreaseFactor - variable for decreasing trading lot.
- GT _MaximumTolerantSpread - This is the maximum allowable spread for the EA to open positions
- UseTradeCloseSetup - If set true, the expert advisor use the inbuilt trade closing algorithm to close opened trade. Note that this algorithm has been optimized to reduce risk to reward ratio of the trade opening system;
- ClosePositionOnFriday - If set true, every opened positions is trailed using inbuilt trailing algorithm;
- UseBuyer - If set true, the EA use ' Golden Hero ' algorithm for opening only sell positions;
- UseSeller - If set true, the EA use ' Golden Hero ' algorithm for opening only buy positions;
- Sb - First indicator for opening buy trade
- Aab - Second indicator for opening buy trade
- Cb - Third indicator for opening buy trade
- Rb - indicator for buying trade closing operation
- Ss - First indicator for opening sell trade
- Aas - Second indicator for opening sell trade
- Cs - Third indicator for opening sell trade
- Rs - indicator for sell trade closing operation
How to install expert advisor
- Right click on the expert in the navigation panel
- Choose 'attach to a chart' from option shown
- Click 'common' tab and check 'allow live trading'
- Click 'input' tab and input your settings in the dialog or click 'load' tab to load your pre downloaded set
- Click OK.
At the top right corner of the chart there should be an object there, smiling.
If not smiling, make sure you enable automatic trading.
To enable automatic trading, single click ' Auto Trading ' tab with RED dot at the menu bar, it should immediately change to GREEN arrow.
