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GoldFirst MT5

You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT5)

If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings and AdaptiveSwing fields from inputs

If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings and AdaptiveSwing fields from inputs

INPUTS:

Time start | Time end 
These 2 inputs are used for creating a time interval (hour and minute) in which the EA will work
Important! If a trading cycle starts before the ending time then the EA will keep working (placing trades) until it reaches the TakeProfit level or the Stop Loss level (even if this means it will trade after the ending time)

Use second time period

Set on true if you want to add a second time interval of the day in which to trade

Time start 2 | Time end  2
The values for the second time interval. They will be active ONLY IF you will set the Use second time period input on true

Noise, points
The points a price has to move (up or down) so we can consider the move as a valid swing. We do not take into consideration price moves smaller than this when opening a new Trading Cycle.

Start price, points
The points that are calculated from a price Local Low or Local High where the 1st trade of a Trading Cycle will be placed.

The higher the value, the safer the strategy will be and the fewer trades you will get.

This should always be greater than Noise

Step, points
The distance (in points) that has to pass from the previous trade within the current Trading Cycle.


TakeProfit, points

The distance (in points) that a current swing will have to reverse in order to close all trades of that Trading Cycle.

StopLoss, points 
The distance (in points) that a current swing has to develop in order to close all trades of that Trading Cycle. 


Initial lot

The trading volume of the 1st trade of a Trading Cycle should have


Lot multiplier

The multiplication factor is taken into consideration for calculating the volume of the next trade. If trade nr 1 of a Trading Cycle will have the volume of 0.01 lots and the Lot multiplier is set on 2, then the 2nd trade of that trading cycle will have a volume of 0.02 lots.

RISKS

Broker Risks
Executing trades with large slippage
Having large spreads and swaps that can eat up a good chunk of your profits
How to avoid: 
choose a broker with high leverage, low spread (< 3 pips), no commission


Trading funds Risks: 

Not having enough money for the input values that are set ( the strategy will want to open a new trade and will have no available funds)

How to avoid: 
start with the recommended amount of money


Strategy risks

The main risk that is 100% coming from the strategy itself (if inputs values are set correctly) is that something that has not been seen before in gold price action will happen.
GoldFirst has some recommended input values that are based on the historic price action of gold. If a gold price move will be extended like never before (in recent history) then will hit your StopLoss value and will create a large loss in your account.
How to avoid:
Don’t trade during important news days (there is an economic calendar you can follow)
Choose to trade/not to trade when unexpected news happen (covid burst, financial crisis, war, wheather dissasters etc) 

Respect the input values 


Human error risks
Changing the time frame while the EA is running
Setting input values that will result in losses
How to avoid:
Pay great attention to all aspects when setting up and laughing
Check the bot a few times a day




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Dollar Cost Averaging ist ein sehr einfacher und alter Handelsalgorithmus, der jedoch seit jeher sehr nützlich ist. (Hinweis: Alle Benutzer, die DCA Pro Trend AI mieten und kaufen, müssen mir eine Nachricht senden, um das Benutzerhandbuch und die empfohlene Einrichtung vor dem Handel zu erhalten.) Ich bin Händler, habe 2009 mit dem Handel begonnen und heute ist der Handel mein Leben. Ich habe diesen EA basierend auf meinem gesamten Wissen, meiner gesamten Erfahrung im Handel und meiner Erfahr
Trade Forex using QuantumFinancialTech with confidence instead of with some expensive random number generator that gobbles up lots of your money with nothing to show for it at the end of the day.                                   QuantumFinancialTech is a FOREX trading tool that places automatic trades in the market based on established cause as resolved from immediate asset price characteristics.   QuantumFinancialTech was designed to trade EURUSD and GBPUSD on M1(1 minute) timeframe.   That is
Candle EA MT5
Mansour Babasafary
4.36 (44)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs Attributes: Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD  currency pairs Can be used in M30, H1, H4 time frames Has profit limit an
SST Kill Shot
Stock Sniper Trading Corp.
4.32 (22)
* Note: Link to set files to test as well as other relevant information at the bottom of EA advert!                                                                                            Stock Sniper Trading proudly presents SST Kill Shot, our kill zone intra-day strategy, where we target the fair value gaps/imbalances that form during the most volatile hour(s) of a trading session. High volatility as a result of above normal volume transactions and market orders that take place during these
Signal Account Contact me through PM for a 10% special discount on every purchase of all my EAs. If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. Join   Nexus Community Public Chat The best NON martingale, grid or averaging EA in mql5 market. This algorithm has been running live for private accounts for over 3.5+ years since 2020, returning over 26,000 pips with exceptional risk stability. Now upgraded to MT5 platform with additional enhancements
MQL5 - a machine learning model for prop trading, developed by a real trader with over 8 years of experience and extensive experience in algorithmic trading. The model works on the euro/dollar pair in the hourly timeframe. The model was trained on a history segment from 2000 to 2010 and has been successfully operating on a real prop firm account with live monitoring. Our model is excellently stable to new data, avoids over-optimization and overfitting, passes shuffle tests, walk-forward tests, M
Razor MT5
Anton Kondratev
5 (6)
Razor EA       ist ein vollautomatisches und       Offen       System mit       Drawdown-Schutz       Und       Fest       SL. Only 1 Copies of 10 Left  for 815 $ Next Price 1675 $  Signale Führung Rückerstattung der Provision Aktualisierung Mein Blog Not Simple    Grid,     Not     Martingale, Not AI , Not Neural Network. Default Settings for One chart    AUDCAD     M15 (Supports 1OHLC mode for weak PCs)  Dies ist eine Mehrwährungsstrategie für drei Währungspaare AUDCAD, AUDNZD, NZDCAD, die a
Stock Indexes EA MT5
Marzena Maria Szmit
5 (8)
Stock Indexes EA is a sophisticated   trading robot   meticulously engineered to capitalize on the dynamics of the   US30   index. This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter   has also been added to the robot, which prevents it from opening a position during   important economic news , minimizing the risk. In robot, you can also specify the days and
SSX Titan TT
Artem Minchuk
3.04 (53)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
DaVinci Code EA
Shintaseftiana
3.67 (6)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Never Dies MT5
M Ardiansyah
5 (3)
Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy
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GoldFirst
Adrian Claudiu Filip
You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT4) If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings fields from inputs If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings fields from inputs INPUTS: Time start hour 1 | Time start minute 1 | Time end hour 1 | Time end minute 1 All these 4 inputs are used for creating a time inte
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