top of page
Advanced Gold Trading V6.4 EA MT4

Advanced Gold Trading V6.4 EA MT4

$0.00Price

REQUIREMENTS

MT4 Account

 

FILES

1 Expert Advisor file

User Manual

  • Description

    The Advanced Gold Trading V6.4 EA is a robust trading tool tailored for the dynamic gold market. Its trading logic is built around precise entry and exit points, making it ideal for both new and experienced traders. With a focus on recovering from losses, this EA operates with minimal drawdowns and optimizes gains through risk management strategies. Its built-in news filter and automated trade execution help ensure stability in volatile market conditions.

    Recommended Settings

    To maximize the potential of the Advanced Gold Trading V6.4 EA, it’s advisable to use the following settings:

    • Timeframe: Best used on M5, M15, or H1 timeframes for optimal results.
    • Pairs: Primarily trades on XAUUSD (Gold).
    • Risk Settings: Risk can be adjusted according to trader preference, but a 1-2% risk per trade is recommended.
    • Lot Size: Auto lot size is available, but it is recommended to set a fixed lot size depending on account size (e.g., 0.01 lot for every $1000).
    • News Filter: The news filter option should be enabled to avoid trading during high-impact events.
  • Advanced Gold Trading V6.4 Features

    • Auto Lot Sizing: Dynamically adjusts lot size based on account balance and risk preference.
    • Recovery System: The built-in recovery feature helps recoup losses by adjusting future trade sizes, aiming to recover from drawdowns.
    • News Filter: Avoids high-volatility periods by halting trades before and after significant news events.
    • Profit Management: The EA automatically closes trades once certain profit targets are met, ensuring profitability.
    • Low Drawdown: Strategically minimizes drawdown, maintaining stable performance even during uncertain market conditions.
  • Strategy

    The Advanced Gold Trading V6.4 EA follows a strategic grid-based approach combined with a recovery system. When the market shows trends or volatility, the EA carefully places trades in line with the direction of the market, waiting for retracements before entering new positions. It capitalizes on both short-term price movements and long-term trends by maintaining flexible risk management. The stop-loss and take-profit are dynamically adjusted, ensuring optimal trade entries and exits. In case of loss, the recovery system places larger trades in subsequent cycles to recover the deficit.

  • Performance and Drawdowns

    In backtests and real-time simulations, the Advanced Gold Trading V6.4 EA showed consistent profit generation with minimal drawdowns. The attached balance graph illustrates steady account growth with periodic recoveries that maintained profitability over time. Even during volatile market conditions, the EA performed efficiently, thanks to its news filter and recovery mechanisms. Drawdowns were controlled effectively, with losses being recouped within a short period.

  • Conclusion

    The Advanced Gold Trading V6.4 EA is a powerful expert advisor that offers traders a reliable solution for gold trading. Its combination of a grid-based strategy, news filter, and recovery system makes it ideal for minimizing risk while maximizing profits. Whether you’re a seasoned trader or new to the market, this EA offers robust performance and adaptability in different market conditions. With its low drawdown and steady growth potential, it stands out as a valuable tool for gold traders using MT4.

Comments
Rated 0 out of 5 stars.
No ratings yet

Add a rating
Share Your ThoughtsBe the first to write a comment.

FOREX41

Website

Socials

Be The First To Know

Sign up for our newsletter

Thanks for submitting!

Risk Warning

Trading Leveraged Products like Forex and Derivatives might not be suitable for all investors as they carry a high degree of risk to your capital. Please make sure that you fully understand the risks involved, taking into consideration your investment objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the complete Risk Disclosure.

© 2024 by Forex41

bottom of page