WHAT IS GOLD TRADE PRO EA MT5?
Gold Trade Pro EA MT5 is a specialized expert advisor (EA) crafted exclusively for automated gold trading on the Meta Trader 5 platform. Setting itself apart from other gold trading EAs that often rely on risky grid or martingale strategies, this EA distinguishes itself through the application of genuine trading tactics. Developed and offered by Profalgo Limited, it is founded on a bona fide trading strategy, making it stand out in the competitive landscape of gold trading EAs. The developer recommends an initial balance of $200 and advocates for an initial risk of 1% per trade. Notably, this EA is compatible with FIFO rules and offers customizable features, including trading comments, trading hours, maximum spread, and more.
Vendor:https://www.mql5.com/en/market/product/102737
Key Takeaways:
- Exclusive Dashboard: The EA boasts a distinctive dashboard that presents crucial weekly gold trading levels, encompassing both upper and lower limits. This dashboard provides valuable visual insights for monitoring the EA’s performance or for those engaged in manual trading.
- Diverse Strategies: Seven pre-installed trading strategies collaborate to enhance diversity. Certain strategies excel in sideways markets, while others seize opportunities within trends. This multi-strategy approach aims to create smoother equity curves.
- Time and News Filters: The EA refrains from trading around major news events and during specific user-defined timeframes, preventing volatile trading during high-impact events and designated hours, such as weekends.
- Trailing Stop Loss: In response to favorable market movements, the EA automatically adjusts the stop loss to secure profits. This ensures the optimization of winning trades without surrendering gains when reversals occur.
- Breakout Trading: The strategies focus on trading breakouts from pivotal daily support and resistance levels in the gold market. Tailored for capitalizing on sustained momentum, breakout strategies align with the direction of the breakout.
- Customizable Configuration: Users enjoy the flexibility to fine-tune settings, including trading hours, maximum spread, risk per trade, and more, to align with their individual preferences. The high degree of customization in the EA’s settings offers enhanced adaptability.
GOLD TRADE PRO EA MT5Â Features
- Platform: Meta Trader 5
- Preferred Currency Pair: XAUUSD/GOLD
- Timeframe: Daily
- Minimum Account Balance: $200
- The setup process is straightforward. Simply open a daily gold chart, drag and drop the EA onto the chart, and configure the lot size settings.
- For accounts with modest balances, ranging from $200 to $400, I recommend exclusively running strategies 2, 4, and 7, as they exhibit the least drawdown.
- Risk Configuration: It is advisable to utilize the “Risk per Trade” feature, starting with a 1% risk per trade. As you become more comfortable, you have the option to increase the risk level.
GOLD TRADE PRO EA MT5 Review
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GOLD TRADE PRO EA MT5 Download
Link download GOLD TRADE PRO EA MT5 will be sent to your email after payment.
+Â Expert :
- GOLD TRADE PRO EA MT5Â (NoDLL / EA/ Unlimited)
- PRETSET
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Refund Policy:
- We do not promise profits and give trading advice. We will not refund because the profit are not good or just because you don’t like it or any other reasons.
- If the technical error is confirmed by us, you will receive another product being sold on our website, please read more Refund policy.
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
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