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ChillTrader

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Published: 9 December 2024

Current version: 1.12

ChillTrader

Experts
Huu Dang Ngo
Version: 1.12
Updated: 16 December 2024

Expert Advisor Description for Gold/USD Trading

This Expert Advisor (EA) is specifically designed for trading the Gold/USD (XAU/USD) pair, leveraging precise volume management and trend-following strategies to optimize trading performance. It incorporates a robust system to validate trade volume, ensuring compliance with the broker's SYMBOL_VOLUME_MIN, SYMBOL_VOLUME_MAX, and SYMBOL_VOLUME_STEP constraints. This prevents execution errors and enforces risk management standards.

The EA operates using a simple moving average (SMA) as a core indicator, dynamically plotting the SMA 50 line to identify trends and price thresholds. It reacts to market conditions by checking if the current price aligns with predefined thresholds, making calculated entries when conditions are favorable. The algorithm automatically places orders if no active positions exist, capturing opportunities during significant market movements.

Gold/USD is known for its volatility and high liquidity, which this EA is tailored to exploit. Its logic is fine-tuned to the characteristics of this symbol, and its behavior may not yield optimal results when applied to other instruments.

This EA is ideal for traders seeking a semi-automated solution to capitalize on Gold's unique market dynamics. While it simplifies decision-making, proper monitoring and risk management are recommended to maximize its potential. Note: It is advised to run this EA exclusively on the Gold/USD symbol for best performance and reliability.

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198 USD

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Gyroscope professional forex expert (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs) alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov

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1. Торговая стратегия Что делает советник: Советник следит за некотоными индикаторами и при определенном условии (или условиях) помещать торговый запрос (на продажу или покупку) в зависимости от условий. Стратегия: Используем индикатор Moving Average (скользящие средние) с периодом 8 (вы можете выбрать любой период, но в данной стратегии мы будем использовать период 8). Советник покупает, если 8-периодная скользящая средняя (далее для удобства будем называть ее MA-8) возрастает и текущая цена за

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Our Forex Trading Bot specializes in executing trades on two major currency pairs: XAUUSD (Gold/USD) and AUDCAD (Australian Dollar/Canadian Dollar) . Designed with simplicity and efficiency in mind, this bot employs a straightforward strategy that combines technical analysis with dynamic risk management. For XAUUSD , the bot focuses on identifying trends in gold prices, leveraging key indicators like moving averages and RSI to pinpoint optimal entry and exit points. The bot capitalizes on gold’s

FREE

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Sebastian Kaestner 2025.02.27 16:14 #

Bad EA. Fails the backtest.