Gold 588

  • Experts
  • Nima Kian
    Nima Kian
    .
    .
    .
    Hi everyone,
    I'm a programmer, an engineer, and of course a forex trader (my favorite).
    My goal here is to share my ideas with the trading world and at the same time get inspired.
    Hopefully, my presence here is going to be helpful for all of us. :)
  • Version: 1.400
  • Updated: 18 February 2025
  • Activations: 5

Gold 588 is a gold night scalping high performance EA which takes the positions with the highest probability of winning.

Gold 588 takes trend following trades considering the prevailing higher timeframe during the low volatility hours of late night markets. This approach causes a high win-rate which even with the small  scalping  profit margin of for each trade, leads to a profitable strategy.  


Inputs of this EA have been kept minimalistic to provide users with the best optimized performance, while at the same time to allow the users to adapt the EA to their personal levels of risk and aggressiveness in trading. 


Recommendations:


Currency Pair: XAUUSD / GOLD
Minimum Deposit: $500 USD
Account: Hedging
Timeframe: Any
Account type: Standard/ECN


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When trading price action or using price action triggers such as Pbars, Inside Bars, Shaved Bars, etc. it is important to always wait for the bar/candle to close more than anything else.It is often the case (whether it’s the 4H, hourly, etc) that price action will be dominant in one direction for the majority of the candle only to reverse strongly at the end of the candle.  Institutional traders  know retail traders are less disciplined than they are. They know a good trading candle pattern coul
FREE
Unified Scroll – Effortless Multi-Timeframe Chart Synchronization (MQL5)  Tired of manually scrolling through multiple charts?   Unified Scroll  is the ultimate MQL5 utility that  instantly syncs scrolling and panning  across all charts of the same symbol—regardless of timeframe.  No more misaligned charts, no more wasted time.  Just smooth, synchronized analysis at your fingertips.   Seamless Scrolling & Panning  – Move one chart, and all others follow in  real time .   Works with Any Sym
FREE
Assets can behave based on repetitive patterns on specific times of the day, for example at the opens and closes of the sessions. Daily Vertical Lines helps us draw vertical lines at any given time of the day as many days as required, as simple as sliding a vertical line. This free version only draws vertical lines, while the paid version (to be published) collects and presents technical and statistical information regarding the price behavior at that time of the day.
FREE
Close Positions Panel is a scalper’s best friend; specifically, those with an aggressive trading style, opening multiple positions in both buy and sell directions. This tool provides the possibility of closing positions with different combinations:                                 Close All:Closing all buy/ sell/ in profit/ and in loss positions                 Close Buy: Closing all buy positions                 Close Sell: Closing all sell positions                 Close Profit: closing all po
FREE
This indicator demonstrates the probable dynamic support and resistance levels of EMA, Ichimoku lines, and Key OHLC levels for different timeframes on one chart. This can drastically reduce the time and effort needed for switching between different timeframes. EMA and Ichimoku Levels are drawn for the M1, M5, M15, M30, H1, H4, and D1 timeframes, and the Key OHLC levels of the last periods are drawn for the H4, D1, W1, and MN1 timeframes. 
FREE
The Periodic ATR Indicator visually compares the ATR values of each bar to the average ATR values for the same time of day over previous days. By contrasting the current ATR value with the historical average, this tool allows traders to identify exceptionally strong or weak market movements. It also helps to contextualize each market movement within the broader framework of long-term market behavior. This versatile indicator is compatible with all timeframes, including higher ones such as 4-hou
FREE
This utility tool helps us to open trades and set orders very simply by just double-clicking on the chart. The volume of the positions and orders can be a constant lot size or determined based on a risk of equity. Take profit limit of the positions can be determined based on a Risk to Reward Ratio or simply by just a double-click.  For Positions: 1- At first, you need to double-click on the SL price. (For a buy position, you need to click on a price below the live price, and for a sell positio
Revolutionize Your Trading Journey with the Ultimate Trend Analyzer:               Trending View Indicator! Experience seamless trading precision with the Trending View, a cutting-edge solution designed to elevate your trading on MT5. Powered by advanced logic and packed with over many premium features, this tool is a game-changer for traders seeking accuracy and efficiency. Why Choose Trending View Indicator? ·          100% Real-Time Accuracy: No delays, no repaints—always stay ahead of the
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