Gold Weaver
- Experten
- Sigit Hariyono
- Version: 1.0
- Aktivierungen: 15
Gold Weaver is a fully automated expert advisor that contains several different trading systems with hidden stop loss and take profit by default, but can be set manually. It is a hedging robot and hopefully can reduce equity drawdown. This trading EA is especially designed for XAUUSD pair and 1 hour time frame.
Main Features:
- No Martingale.
- No Grid.
- No Averaging.
Setting Parameters:
- Expert Name - EA name and trades comment.
- Magic Number - EA identification number to identify trades, and must be different to other EA.
- Fixed Lots - Fixed lot size.
- Auto Lots - True if you want to activate auto lot size calculation.
- Auto Lots Risk - Risk calculation to calculate auto lot size.
- Stop Loss - Fixed stop loss.
- Take Profit - Fixed take profit.
- Max Spread Allowed - If spread goes higher, EA wont trade.
- Various Indicators setting.
Recommendations:
- XAUUSD (Gold) H1.
- Zero spread ECN or raw spread account.
- Account that support hedging.
From May'23 to-date, the EA has been running losses.
The backtest was very good - that's why I bought this EA. But I guess this EA has been optimised for backtest only, not forward test as many other EAs in the market are created on. There is also no live trading signal. Rule of thumb - never trust backtest, especially in new EAs. Only buy EAs that are in the market for some time which backtest results are good & better still have a live trading signal.