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Gold Top Down Analysis EA MT4

Gold Top-Down Analysis EA; analyzing the overall market environment and economic conditions first before zooming in to the lower timeframe for entry. Starting from the big picture DAILY and then narrowing down to 1 HOUR and take the entry in 1M or 5M timeframe 

This EA adapt to changing market conditions, continuously monitoring macroeconomic indicators and sector performance, and adjust the trading strategies to capitalize on emerging trends

Gold Top-Down Analysis EA does not use any risky trading style, such as grid/martingale systems, but a rather simple Top-Down trading strategy based on   Top-Down Analysis,


This strategy is very effective for a volatile pair such as Gold.  


Highlights:


  • Each trade has a TP and SL from the start, and the EA will use a trailing SL and Break even point (BV) to minimize risk and maximize profits if price starts moving in the right direction
  • A default setting can be used on accounts maintained by a Prop firm or by a Funded firm
  • No grid, No Martingale 
  • Good money management and 1/3 RW per trade
  • The only thing you can change in the settings is the lot of size base on your account size, I recommend 1% of your account balance  per trade 
  • Minimum recommended deposit $100
  • Simple and easy to use : Attach the EA with any timeframe on each symbol chart ( XAUUSD, 
  • Recommend VPS (option )  
  • (TSTOP)  it calculate the distance between the reference price and the stop level) 
  • (TSTEP)  the step is the extra amount of distance that the price must travel before the stop gets modified




How Gold Top-Down Analysis EA Works (default setting) CONDITION FOR BUY AND SELL 

The higher timeframes'  direction, if the price of the market is above 10 moving period and is above 50 moving period in Daily Timeframes and also the bot will come to the lower timeframe 1H and the 10MA is above 200MA now the bot will come 1minute timeframe for 10MA to cross above 200MA and buy now 

THE SAME THINGS APPLY TO SELL CONDITION 

Backtesting

:

Simply run on XAUUSD using default settings, You can also change the trade frequency manually to see the different results


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Experience the Difference: Join the ranks of successful traders who have unlocked the full potential of the forex markets with our EA trade bot. With its emphasis on automation, risk management, favorable risk-reward ratios, and simplicity, our bot is the ultimate tool for achieving your financial objectives with precision and efficiency. Take control of your trading journey today and watch your profits soar with our EA trade bot.


trading disclaimer;

Past performance is not indicative of future results. The user acknowledges that they are solely responsible for any decisions made while using the bot and should carefully consider their financial situation, investment objectives, and risk tolerance before proceeding. The bot provider does not guarantee profits or success and shall not be held liable for any losses incurred while using the bot. The user agrees to use the bot at their own discretion and accepts full responsibility for any outcomes resulting from its use. It is recommended to seek independent financial advice before using the bot.


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Oracle MT4
Stanislav Tomilov
4.38 (8)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Position Trader EA
LEE SAMSON
4.71 (7)
Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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Bogdan Ion Puscasu
5 (5)
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD (GOLD )pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal :  
XG Gold Robot MT4
Marzena Maria Szmit
4.39 (23)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Sugianto
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Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal | Real Signal 2 | Setfile :  Download here  | MT5 version | Backtest Report   |   Broker Spread Comparison SET U
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Thi Thu Ha Hoang
5 (12)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to
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Version 3.0 2024.05.27
Gold Top-Down Analysis EA;
Version 2.0 2024.05.24
HOW Gold Top-Down Analysis EA MT4 WORKS