Introducing the Gold Trend Scalping EA V2.05 for MT4, a sophisticated Expert Advisor (EA) tailored for trading XAU/USD (Gold) on the M15 timeframe.
Key Features:
- Currency Pair: XAU/USD (Gold)
- Timeframe: M15
- Minimum Deposit: Subject to broker requirements
- Account Type: Compatible with any account; optimized for standard accounts with spreads between 5-15 (2 digits)
Trading Strategy:
The Gold Trend Scalping EA employs a trend-following strategy that integrates multiple technical indicators to identify optimal trade entries and exits.
- Trend Detection: Utilizes higher timeframe analysis to determine the prevailing market trend.
- Entry Signals: Executes trades on the M15 timeframe in alignment with the identified trend.
- Risk Management:
- Fixed Stop Loss: Each trade is protected by a fixed stop loss, typically set at 100 pips.
- Trailing Stop: Incorporates a trailing stop mechanism to secure profits as the trade moves favorably.
- Avoidance of Risky Strategies: Does not employ martingale, grid, or hedging techniques, ensuring a focus on safety and long-term profitability.
Advantages:
- Automated Lot Sizing: Features a built-in function for automatic lot sizing based on account balance.
- User-Friendly Setup: Designed for easy installation with default settings suitable for most brokers.
- 24/7 Operation: Optimal performance achieved when run continuously; using a VPS is highly recommended.
Important Considerations:
- Risk Awareness: Trading involves risk. Past performance does not guarantee future results.
- Performance Monitoring: It’s advisable to evaluate the EA’s performance over a period of 3-6 months to make informed assessments.
You can check more on –
mql5.software
Download and Installation
You can download the Gold Trend Scalping EA V2.05 from the official website: Follow these steps:
- Visit the download page https://www.fxcracked.org/product/boring-pips-ea-v4-1/
Visit our website https://www.fxcracked.org/ for additional resources and insights.
Contact: @yoforexpremium
Remember to check out the EA on our website here and join our Telegram group at t.me/yoforexrobot for updates and discussions! 🤖📈🚀
😎💫Happy Trading💫😎
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