Market / MetaTrader 5 / Experts /

Golden Catcher S

599 USD

Demo downloaded: 86

Published: 14 April 2024

Current version: 2.20

Golden Catcher S

Experts
Gan Wang
Version: 2.20
Updated: 19 May 2024
Activations: 10

Important update, now EA supports two modes with the best built-in parameters optional,

Note: using both modes at the same time requires setting different EA IDs,

Mode 1 has shorter holding time, Mode 2 has longer holding time

Golden Catcher S is an EA for gold trading, it is a short-term trading method developed based on the volatility characteristics of gold varieties. When the price accelerates, it usually means that larger price movements are coming, the EA captures this opportunity and enters the trade.

Describe：

This EA is one of my three gold trading strategies, with a trading frequency of approximately 1-2 orders per trading day, each order has a stop loss set.
It is not a variant of any grid or martingale strategy..
live signal：Golden Catcher（Including Golden Catcher S and the other two EA）。
live signal 2：only Golden Catcher S

Regarding the best parameters, EA has two built-in modes (two sets of parameters), but this does not mean they are the best. You can completely use custom modes to optimize the parameters that suit you

Notes:

EA requires a gold spread of less than 20 points, trading delay is not strict, but a good trading environment will always reduce your trading costs.
If you do not have a suitable broker and account type to choose from, you can use a broker and account type that matches my signal. IC Markets Standard Account.
Minimum deposit requirement $100, recommended every $500 -> 0.03 lots
Timeframe: M15
Trading instrument: XAUUSD

Parameter description:

order size: order opening size
Automatic order size: amount for automatic calculation of order size, use 0 for order size = order size otherwise order size = balance/ Automatic order size* order size
EA id: Magic to differentiate between different EAs
Mode selection: choose Mode 1, Mode 2, or custom parameters
Order comments: order comments
Start trading time['hh:mm']: time to start trading, format as "hh:mm"
End transaction time['hh:mm']: time to stop trading, format as "hh:mm"
sensitivity: sensitivity coefficient for establishing opening judgment, the larger the value, the fewer the opening opportunities
Maximum stop loss points: maximum stop loss points per order
Calculate the number of bars for sensitivity calculation: number of bars for backtesting opening judgment
Tracking area size: size of the tracking stop loss area
Minimum tracking profit points: minimum tracking order profit points
Track stop loss step size: order tracking stop loss step size
Order comments: order comments
Use STOP orders: Use buy/sell stop orders to fill deals

more...

1178

GOEXPERT 2024.04.17 12:27 #

This EA seems to be an excellent scalper for gold. Which is very hard to find. I will update the review after 1 month, but for now, I am happy with the purchase.

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Filter:

1178

GOEXPERT 2024.04.17 12:27 #

This EA seems to be an excellent scalper for gold. Which is very hard to find. I will update the review after 1 month, but for now, I am happy with the purchase.

Version 2.20 2024.05.19

Pending orders have been added, and some updates are coming soon

Version 2.10 2024.04.24

Add some printing information about order establishment and cancellation

Version 2.0 2024.04.21

1. Change the default setting to Mode 1, and use custom mode for custom configuration
2. Added Mode 2, increasing the number of profit points per order and reducing the number of stop loss points for loss making orders
3. Add EA opening time limit parameters according to customer requirements