EA GIRASSOL GOLD M4

EA GIRASSOL GOLD M4: A Comprehensive Guide

Overview

• EA Name:  EA GIRASSOL GOLD M4
• Minimum Deposit: $500
• Timeframe: M5-M30
• Currency Pairs: GBPUSD, EURUSD, GBPUSD
• Strategy Type: Martingale and Scalper

Introduction

The  EA GIRASSOL GOLD M4 is an EA designed for M4 traders. It focuses on trading the XAUUSD (gold) currency pair. Here’s what you need to know:

Trading Strategy

The  EA GIRASSOL GOLD M4 follows a combination of martingale and scalping strategies:

Martingale Strategy

• Objective: Recover losses by increasing position size after each losing trade.
• How It Works:
  1. Start with a base lot size (e.g., 0.01 lots).
  2. If a trade is a loss, double the lot size for the next trade.
  3. Repeat until a winning trade occurs.
  4. Reset to the base lot size after a win.

Scalping Strategy

• Objective: Profit from short-term price fluctuations.
• How It Works:
  1. Identify quick price movements.
  2. Enter and exit trades rapidly.
  3. Target small gains per trade.
  4. Frequent trading within the specified timeframe (M5-M30).

How GIRASSOL GOLD M4 Takes Trades

1. Market Analysis:
   • Utilizes technical analysis (price action, trends, support/resistance).
   • Considers Fibonacci retracements.
2. Entry Criteria:
   • Scalping: Identifies short-term opportunities.
   • Martingale: Adjusts position size based on previous trades.
3. Risk Management:
   • Sets stop loss (SL) and take profit (TP) levels.
   • Monitors market volatility.

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Additional Resources 

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