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Gold Galaxy Express

99 USD

Demo downloaded: 133

Published: 8 December 2024

Current version: 2.0

Gold Galaxy Express

Experts
Tetsushi O-nishi
Version: 2.0
Updated: 20 March 2025
Activations: 20

■ Target Currency Pair: XAUUSD

■ Timeframe: 1 Hour

No Martingale, no grid trading. No scalping.
A stop loss is set for all positions.
Enter trades upon detecting breakouts.
One single loss will not wipe out the account balance.

This EA, "Gold Galaxy Express," is an automated trading system that employs a blend of momentum indicators and dynamic risk management, characterized by the following features:

Indicator-Based Entry Signals
- It uses momentum indicators such as Bulls Power and Bears Power to determine entry signals, triggering long entries when bullish strength falls below a neutral threshold and short entries when bearish strength rises above it.
Order Placement and Execution
- Orders are executed at levels determined by recent highs or lows over a specified lookback period, ensuring entries are placed at significant price levels.
- Orders are set with a validity period, and the system prevents duplicate trades or replacing pending orders.
Risk Management and Exit Strategies
- Risk management is handled through dynamic, volatility-based techniques, including ATR-based stop losses and trailing stops.
- A profit target is defined as a percentage gain, and once a certain pip movement in profit is achieved, the stop loss is adjusted to breakeven.
- Additionally, positions are automatically exited if they remain open beyond a set number of bars.
Trading Time Rules
- The EA incorporates specific trading time restrictions, such as managing positions around weekends and at predetermined times on certain days, to account for market conditions during less liquid periods.

In summary, "Gold Galaxy Express" integrates indicator-based trade signals with adaptive risk controls and time-sensitive trade management to provide a robust automated trading solution.

Lot Size Parameter Setting

"Use Money Management" Parameter: When set to true, the EA automatically adjusts the lot size according to the account balance. If set to false, it trades with the fixed lot size specified by "mmLotsIfNoMM".

"mmRisk Percent" Parameter: This parameter adjusts the risk on a percentage basis when"UseMoneyManagement" is set to true. A recommended value is about 0.5 to 2.0.

"mmDecimal" Parameter: When "UseMoneyManagement": true is set, this defines the decimal precision for lot size adjustments. Setting it to 1 adjusts to one decimal place (e.g., 0.1 → 0.2), and setting it to 2 adjusts to two decimal places, making it compatible with many brokers dealing with XAUUSD.

"mmMaxLots" Parameter: Specifies the maximum lot size available. The lot size will not exceed this value.

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Target currency: EURUSD Time frame: 1H Live Trading Result (Signal) This EA is an automated trading system that combines multiple strategies with the following key features: Multiple Strategies (Strategy 1 and Strategy 2) It uses separate parameter sets (MagicNumber, custom comments, indicator coefficients, etc.) for each strategy, allowing simultaneous operation. Entry Signal Conditions Strategy 1 : Entry signals are based on changes in the ADX indicators. A falling DI Minus indicates

99 USD

Main Features Auto Entry & Exit Automatically enters and closes positions when price reaches a trendline or horizontal line you draw. Note: Your PC and MT5 must remain running. Quick & Easy Setup Configure everything via on-chart input fields and buttons. Advanced Entry Controls Includes trigger lines to refine entry conditions, invalidation lines to block unwanted entries, trailing stops, entry-time restrictions, and time-specified exits. How to Set Up Lines Draw your desired entry, exit, t

99 USD

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