Aber EA
- Experts
- Version: 1.8
- Activations: 5
Aber EA is a straight-forward MT4 Expert Advisor. It has been designed to trade the Gold-USD pair e.g XAUUSD, XAUUSDz, etc.
The EA should be used on the H1 XAUUSD Charts.
Brokers with low spread are preferred, of course. Please aim for brokers with GMT+3 or GMT+2 server time eg ICMarkets, PepperStone, Exness, etc. I use ICMarkets.
To backtest this EA: Make sure you have H1 and D1 XAUUSD data. The EA shows excellent performance on all the years.
The inputs: Change the risk level by adjusting "BasicBalance". The default BasicBalance is 1000. This can be lowered but dont push it below 50. This means 50 USD for every 0.01 lots of XAUUSD traded. Yes, you heard me right!! The default StopLoss is at 500(in Points). You may adjust the StopLoss to control risk but I prefer to keep it here. Just change the BasicBalance. The EA will put Pending Orders at "StartTime". It will delete any Orders or Positions at "EndTime". "ExtraTrade" can be put to false. This is an ExtraTrade for Extra profit, of course. ExtraTrade is Entered at ExtraTradeTime. Here are the settings you can use:
AutoLots = true;
BasicBalance = 50;
StopLoss = 500;
TakeProfit = 500;
Trail = 15(in Points)
TrailStart=10(in Points)
ExtraTrade = false (but can set to true)
StartTime = 02:00(GMT+3)
EndTime = 22:00(GMT+3)
ExtraTradeTime = 15:00(GMT+3)
Signal: Coming soon...
