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NEW: A Fully Automated strategy using price action and candle patterns to trade Gold (XAUUSD).
This EA can be used on any currency but recommended for XAUUSD, EURUSD and BTCUSD Safe stop loss option for FTMO and other funded accounts.
REAL BACKTEST DATA - no manipulation or backtest conditioning like other EAs! 100% Modelling Quality Backtest!
USE: Default settings on XAUUSD & XAUAUD on the M15 timeframe. Use ECN account for best results.
MAIN SETTINGS
Setting Value Description Magic Number 101 Magic Number of EA Trades
Multiplier 1.2 Multiplier of next Trade Consecutive Candle Trigger 4 Number of consecutive candles to trigger a trade Candle Change 0.2 Change in candle size Multiplier 1.2 Multiplier of next Trade Distance 200 Distance to Next Trade and Take Profit (XAU=200, BTC=4000, USD Pair=8) Drawdown Protection Start
6 The trade number where the risk reduction software enables Drawdown Chart Money
500 Depending on Account Balance Money Management
false Enable/Disable Money Management MMmultiplier
5000 Money Management multiplier per starting lot Starting Lot
0.01 Starting Lot Max Lots
10 Max lots open on all charts Time Offset to GMT 0 Time offset to GMT