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Price Action Gold MT4

5
Introducing Price Action Gold EA, a progressive advisor that changes the way you trade Gold, the most popular instrument in the Forex market!

Using our trading and programming experience since 2004, Price Action Gold EA is designed to change your trading path.

When creating Price Action Gold EA, we abandoned all risky strategies such as grids, martingales, winning back losses and others.

The advisor's strategy is classical trading, which is based on the analysis of price action (patterns). Each order has a fixed Stop Loss.

The price will increase. Final price $1250

You pay once and get EA for life + free updates.

In the advisor settings you can find a flexible risk management function. By changing the Auto Lot from 0.01 to 1.0 for every 1K of Account Balance, you can adjust the risk from minimal to extreme.

This will allow the advisor to increase the lot size in proportion to the growth of profit on the account. With a minimum lot size you can trade on the terms of PROP firms.

Use only a Hedged account.

Timeframe: H1

Minimum deposit: $300 for 0.01 Lot size

Any broker with a minimum or floating spread and 2 digits after the dot.

Ask me which brokers are best for an advisor.


Price Action Gold parameters:

  • Magic number - unique order number
  • Trailing Profit (points) - price level when trailing profit is enabled
  • Fixed Lot size - fixed lot size
  • Auto Lot size - is a function for activating the Auto lot. The lot will increase in proportion to the size of the account Balance
  • Lot size/1K in account  - lot size for each 1K Balance
  • Trading on Friday/Close order on Friday
  • Close order on Friday 22:00 - function for closing open orders at 22:00 (according to the broker's terminal time)
  • Show Panel - panel activation function on the chart


Reviews 7
barmaley24rus
109
barmaley24rus 2024.01.13 12:44 
 

Здравствуйте, на тесте показал отличный результат! Купил.

Matthias Bessler
2392
Matthias Bessler 2023.12.22 15:48 
 

Good EA, but I run better with my own Expert Advisors.

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Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
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This innovative indicator for measuring the strength of currencies from INFINITY is an indispensable assistant for scalpers and traders trading for a long time. The system for analyzing the Strength / weakness of currencies has long been known and used in the market by the world's leading traders. Any arbitrage trading is not complete without this analysis. Our indicator easily determines the strength of the base currencies in relation to each other. It displays line charts for all or the curre
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kwglin
337
kwglin 2024.02.12 00:43 
 

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barmaley24rus
109
barmaley24rus 2024.01.13 12:44 
 

Здравствуйте, на тесте показал отличный результат! Купил.

Matthias Bessler
2392
Matthias Bessler 2023.12.22 15:48 
 

Good EA, but I run better with my own Expert Advisors.

Norisuke Sakurai
464
Norisuke Sakurai 2023.12.21 23:33 
 

User didn't leave any comment to the rating

Markis L
186
Markis L 2023.11.22 10:41 
 

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Ebrahim Ahmed Ali Hamdoon Alnaqbi
370
 

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Philippe Gerard De Paix De Coeur
908
Philippe Gerard De Paix De Coeur 2023.10.16 18:10 
 

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Reply to review
Version 2.7 2024.04.29
improved and updated strategy
Version 2.6 2024.02.25
Updated EA parameters and working time
Version 2.5 2024.02.15
Updated strategy:
- improved Medium and Low Frequency trading algorithms
- added the Trading time function (default from 3 till 22 broker time)
Version 2.4 2023.12.30
-updated strategy
-deleted a wrong parameter
Version 2.3 2023.12.16
Updated strategy:
- added the Medium frequency
- updated TP function
Version 2.2 2023.11.20
-fixed minor bug
-updated strategy
Version 2.1 2023.11.16
added the Balance parameter
Version 2.0 2023.11.16
Major updating:
- added Strategy frequency trading style
- added Maximum daily drawdown, % (for PROP and FTMO firms)
Version 1.9 2023.11.02
fixed a small bug with 1st order trailing
Version 1.8 2023.11.01
updated the dashboard
Version 1.7 2023.11.01
fixed bug with Comment function
Version 1.6 2023.10.31
- improved strategy
- fixed Comment function
Version 1.5 2023.10.26
Updated Trailing profit function
Version 1.4 2023.10.24
Updated version.
Has been added Max orders at the same time.
You can use up to 5 orders of the one signal.
Each order has different trailing profit value. You can set Trailing profit for the 1st order.
If you have 1-5 orders be sure to set the lot size according you risk because each order has the same lot size.
For example: you set Max orders =1 (lot size 0.01) but if you set Max orders at the same time=5 each lot will have 0.01 size (5 x 0.01=0.05).
To have the the same previous version trading you should set Auto lot size = 0.1 (max profit/risk) or 0.05 (medium profit/risk) or 0.01 (low profit/risk) with the Maximum orders at the same time = 1
Default EA works as previous version 1.3
Version 1.3 2023.10.19
Updated function of the closing orders on Friday
Version 1.2 2023.10.16
Updated trailing function
Version 1.1 2023.10.15
updated the Trailing profit function