GoldenRing FX EA (MT4) – A Profitable Trading Solution
Overview
The GoldenRing FX EA, developed by RobotForexPro, is an automated trading system designed for the MetaTrader 4 (MT4) platform. It employs a unique strategy to capture profitable opportunities in the forex market. Here are the key details:
- Strategy: The EA uses a combination of technical indicators and price action analysis to identify entry and exit points.
- Timeframe: The recommended timeframe for running the GoldenRing FX EA is 15 minute.
- Currency Pair: The EA is optimized for trading the XAUUSD (Gold vs. US Dollar) pair, which is known for its liquidity and volatility.
Minimum Deposit
To get started with the GoldenRing FX EA, consider the following minimum deposit requirements:
- Minimum Deposit: The EA can be used with a minimum deposit of $1,000.
- Risk Management: The trading size is calculated as a percentage of the account balance, ensuring prudent risk management.
How the EA Takes Trades
The GoldenRing FX EA follows a disciplined approach to trading. Here’s how it operates:
- Signal Identification: The EA analyzes market conditions, including price patterns, moving averages, and other technical factors.
- Entry Points: When favorable conditions align, the EA opens trades based on predefined criteria. It aims to capture trends and reversals.
- Stop Loss and Take Profit: Each trade has fixed stop loss and take profit levels in points. Losing trades are closed promptly based on opposite signals or predefined stop loss levels.
- Maximum Concurrent Trades: The EA limits the number of simultaneous trades to 5.
- Profitability: The EA has achieved impressive gains, with a cumulative profit of +4043.65%.
Download and Installation
You can download the GoldenRing FX EA from the official website: GoldenRing FX EA Download. Follow these steps:
- Visit the download page https://www.fxcracked.org/product/goldenring-fx-ea-mt4/
- Click the download link.
- Install the EA in your MT4 platform.
- Configure the settings (including risk parameters).
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