Golden Fractal EA MT4: Unlock Profitable Trading with Fractals
Introduction
The Golden Fractal EA MT4 is a robust MetaTrader 4 (MT4) expert advisor that capitalizes on fractal patterns to enhance your trading precision. Whether you’re a novice or an experienced trader, this EA can be your golden ticket to success in the XAUUSD (Gold) market.
Key Features
- Platform: MetaTrader 4 (MT4)
- Minimum Deposit: $500
- Timeframe: M15 (15-minute chart)
- Currency Pair: XAU/USD (Gold)
Trading Strategy
The Golden Fractal EA follows a disciplined strategy based on fractals. Here’s how it works:
- Fractal Identification:
- The EA detects fractal patterns using the classical fractal indicator created by Bill Williams.
- Fractals indicate potential breakout points where the price may move significantly.
- Entry and Exit Points:
- BUY Signal: When an upward fractal forms, the EA considers a potential BUY trade.
- SELL Signal: For SELL trades, the EA waits for a downward fractal.
- Risk Management:
- No risky elements like grid trading or martingale.
- Each trade is safeguarded by a stop loss and take profit.
Optimal Settings
- Timeframe: M15 (for precision)
- Lot Size: Set a fixed lot size or allow the EA to calculate it based on risk percentage.
- Trading Hours: Customize your preferred trading hours.
- Trailing Stop: Protect profits with a trailing stop.
Backtesting Results
- Backtests show stable and profitable results on XAUUSD.
- Optimal timeframes: H4 and D1.
Why Choose Golden Fractal EA MT4?
- Precise entry points based on fractals.
- No interference with other EAs running in your account.
- Lifetime license with unlimited accounts.
Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!
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