AUTO TRADE GOLD X EA V6 MT4

AUTO TRADE GOLD X EA V6 MT4

The AUTO TRADE GOLD X EA V6 MT4 is an automatic trading robot specifically optimized for trading Gold (XAUUSD). It utilizes advanced calculations to open and manage trades automatically. Here are the key details:

Strategy and Features

1. Trading Strategy:
   • The EA follows a Trend Follow strategy, tracking the trend and opening orders in the direction of the trend.
   • It uses author’s indicators for automatic market analysis.
   • The algorithm ensures profitability regardless of when and how a trade was opened.
2. Minimum Deposit:
   • To get started, a minimum deposit of $500 is recommended.

1. Timeframe:
   • The EA performs well on both M1 (1-minute) and M5 (5-minute) timeframes.
2. Currency Pair:
   • While it’s optimized for XAUUSD (Gold), technically, the EA can work on any currency pair.
3. Risk Management:
   • The EA employs a flexible risk management system.
   • It aims to minimize drawdown while maximizing profits.
4. Trading Style:
   • The EA is not a martingale or hedging system.
   • It operates as a scalper, taking advantage of short-term price movements.

Recommendations

• Broker: Use an ECN-broker or a raw spread account with fast order execution (e.g., IC Markets).
• Price Format: Set your MT4 to display Gold prices with 2 decimal places (e.g., 1888.88).
• Backtesting: Before live trading, ensure you have historical data for XAUUSD (Gold) quotes. Use the Visual Mode in the MT4 Tester to observe how the EA perform.

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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Happy Trading