📊😊Happy Gold V2.0 Scalp EA MT4😊📈
Overview
- Strategy: The Happy Gold V2.0 Scalp EA MT4 utilizes a blend of scalping, swing, and grid strategies.
- Currency Pair: It is specifically designed for trading XAUUSD (gold).
- Timeframes: The EA performs best on the following timeframes: M15, M30, H1, and H4.
Trading Approach
- Modified ZigZag Indicator: The EA relies on a customized ZigZag indicator to identify extreme points on the chart. It connects these points, ensuring that the distance between them meets or exceeds a specified percentage of the price scale.
- Scalping and Swing Trading: Happy Gold V2.0 Scalp EA MT4 combines scalping (short-term) and swing (medium-term) trading techniques. It aims to capitalize on short-term price fluctuations while also capturing larger trends.
- Risk Management:
- Max Open Trades: The EA allows only one open trade at a time.
- Stop Loss: A hard stop loss of 24 pips is set to limit potential losses.
- Take Profit: Dynamic take profit levels are determined based on market sentiment.
Recommended Settings
- Spread: We recommend a maximum spread of 20 pips and minimal slippage (preferably ECN or low market maker slippage).
- Trading Hours: Happy Gold V2.0 Scalp EA MT4 performs optimally during the European and American trading sessions.
- AutoGMT: The EA adjusts its GMT settings automatically based on your broker’s server time.
Minimum Deposit
- To run Happy Gold V2.0 Scalp EA MT4, consider a minimum deposit that aligns with your risk tolerance. While there is no fixed amount, we recommend starting with at least $500 to ensure sufficient capital for effective trading.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
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Additional Resources:
Instant Download: https://www.fxcracked.org/product/happy-gold-v2-0-scalp-ea-mt4/
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