- Nguyen Hang Hai Ha
- Version: 2.2
- Aktualisiert: 13 März 2023
- Aktivierungen: 9
Expert Dragon Gold is a fully automated trading robot for the Gold (XAUUSD) market. The EA has a unique trading algorithm that can trade with highly accurate trading signals. The EA can take floating positions and apply advanced recovery strategies to close positions with profit. The EA has a Max Drawdown feature for risk management and account protection.
This EA is specifically designed for Gold (XAUUSD).
If you do not have experience using EA, you should use the Default Setting.
|Max Spread||= 25 to 50 (point, must be higher than the average spread of the pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 5 to 20 (if = 10 mean auto lot size = 0.01 lots per $1,000 balance...)|
|Min Distance to Next Order||= 100 (points)|
|Trailing||= 10 (points)|
|Max Drawdown in Percent (%)||= 10 (% balance, if = 0 mean no use)|
|Max Drawdown in Money||= 0 (money as your currency account, if = 0 mean no use)|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Pairs: Gold (XAUUSD). Time frame: M5. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, avg. spread should be less than 30 points.
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
Note, if you use Gold or XAUUSD with 3 decimal places: XAUUSD price usually has 2 or 3 decimal places. With MT4, the XAUUSD price is 1900.12 and 1900.120 is completely different (1900.12 has point value = 190012 and 1900.120 has point value = 1900123, can see 10 times difference in common, and MT4 calculates price movement in points) . Although in USD it is 1900.12 USD = 1900,120 USD, but MT4 is different. EA's default setting is suitable for Gold price with 2 decimal places.
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