Good Luck Gold
- Experts
- Version: 1.0
- Activations: 20
Good Luck Gold EA is a fully automated trading system specifically designed for the Gold market (XAUUSD). It employs advanced algorithmic logic to analyze volatility behavior and correlations between the averaged values of widely used technical indicators, enabling the identification of high-probability trading opportunities.
The EA integrates precision scalping with adaptive trailing techniques to optimize trade management and maximize efficiency under varying market conditions.
Good Luck Gold EA operates on short-cycle micro-trend detection, utilizing M1 candlestick data to filter market direction and avoid low-quality signals. All positions are protected by a predefined Stop Loss, ensuring strict risk control and account safety.
EA is easy to install and use without complicated file sets. Just install default with Gold 2 digits. EA is suitable for both newbies and experienced traders.
Settings:
| Max Spread | = 30 to 50 (Must be higher than the average spread of the pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 1.0 to 3.0 (=1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 800 (points) |
| Max Stop Loss | = 2000 (points) |
| Trailing | = 10 (points) |
| StartTrailing | = 50 (points) |
| Model Ratio | = 1.0 |
| Trend Period | = 5 |
| Timeframe | = M1 |
| Time Start | = 01:05 |
| Time End | = 22:30 |
| Close at Time End | = True |
| Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Pair: XAUUSD. Time frame: M5 or any timeframe. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, spread < 35 points. Min Balance: $ 300
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 3300.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 5000 (instead of the default value = 500). Because Point calculation is different with 2 decimal places.
