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Golden Buzzer

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Published: 24 December 2023

Current version: 1.40

Golden Buzzer

Experts
Moses Ngala Charo
Version: 1.40
Updated: 23 February 2024

Overview:

Golden Buzzer is a two-in-one Expert Advisor (EA) designed specifically for trading XAUUSD (Gold) on the MetaTrader 4 platform. It executes trades using two complementary strategies, referred to as Strategy 1 and Strategy 2. Both strategies are built on similar trading principles but differ in execution style, allowing for dynamic and diversified trading behavior.

You can configure the EA to run Strategy 1, Strategy 2, or both simultaneously, giving traders full flexibility over how the EA operates.

Key Features:

Built specifically for Gold (XAUUSD)
Two independent strategies in one EA
Flexible control to use either or both strategies
Full risk and trade management features
Compounding logic with customizable lot sizing
Time-based trading control for session filtering
Trailing stop functionality for dynamic trade exits

Input Parameters:

Max Spread — Maximum allowable spread in points
Magic Number for Strategy 1 & 2 — Unique identifiers for each strategy's trades
Comment — Trade comment label
Select Strategy to Use — Choose Strategy 1, Strategy 2, or both
Compounding Balance Value — Balance threshold for activating compounding (in account currency)
Lot Size for Compounding — Fixed lot size when compounding is used
Strategy 1 Take Profit / Stop Loss — TP and SL in pips
Strategy 2 Take Profit / Stop Loss — TP and SL in pips
Maximum Order Count for Strategy 1 & 2 — Controls max open positions for each strategy
Use Trailing Stop — Enable or disable trailing stop
Trailing Start / Stop / Step — Trailing stop parameters (in pips)
Start Time (GMT+3) — Hour to start trading
End Time (GMT+3) — Hour to stop trading

Recommendations:

Best used on XAUUSD (Gold) chart
Suitable for M15, M5, and M1 timeframes
Ensure proper spread and execution conditions for optimal performance

Golden Buzzer MT4 offers a flexible, powerful gold trading engine with two configurable strategies and built-in compounding and trailing logic. Whether you're scalping or using short-term momentum strategies, this EA provides the tools to automate your Gold trading with precision.

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