Ema Optimize Gold Trading
- Experts
- Version: 6.7
- Activations: 5
Product Overview
EMA Optimize is a sophisticated algorithmic trading robot designed for the MetaTrader platform. It operates based on a complex multi-indicator strategy, combining different technical indicators to filter entry and exit signals, ensuring high accuracy in trend detection.
Designed primarily for XAUUSD (Gold) on the M15 timeframe (as suggested in the code parameters), this EA implements strict risk management rules, including daily loss limits, equity drawdown protection, and a built-in economic news filter.
Key Features
- Advanced Multi-Indicator Logic:
- Entry Strategy: Uses a combination of Exponential Moving Average, Williams' Percent Range, Commodity Channel Index (CCI), and MACD to confirm alignment before opening a trade.
- Exit Strategy: Uses Bears Power, Envelopes, RSI, and Bollinger Bands to secure profits and minimize losses.
- Robust Risk Management:
- Daily Protections: Automatically stops trading if a daily loss limit or daily drawdown percentage is reached.
- Equity Protections: Includes protection for minimum/maximum account equity and overall equity drawdown.
- Trade Filters: Built-in Max Spread and Max Open Positions/Lots protection.
- Smart Execution:
- Features a Take Profit & Stop Loss system every trade.
- Visual Dashboard:
- Displays real-time trading statistics, open positions details, and active protection statuses directly on the chart.
Input Parameters Guide
1. Expert Properties
- Entry Lots: Fixed lot size per trade.
- Pair & Time Frame: XAUUSD TF 15 Min
- Stop Loss (pips): Fixed Stop Loss distance.
- Take Profit (pips): Fixed Take Profit distance.
2. Indicator Settings
- Moving Average: Used for trend direction (Period, Shift).
- Williams' Percent Range: Momentum indicator settings.
- CCI: Commodity Channel Index settings.
- MACD: Trend and momentum settings.
- Bears Power: Exit confirmation level.
- Envelopes: Exit confirmation deviation.
- RSI: Exit confirmation levels.
- Bollinger Bands: Exit confirmation bands.
3. Risk & Protections
- Max Spread: Maximum allowed spread to open a trade.
- Max Open Pos: Maximum concurrent positions allowed.
- Max Daily Loss: Daily loss limit in account currency.
- Max Daily DD: Maximum daily drawdown % allowed.
- News Filter: Enable/Disable and Priority (High/Medium).
4. Settings & Stats
- Show Indicators: Display indicators on chart.
- Pos/Robot Stats: Toggle the on-screen statistics panel.
Disclaimer
Always test thoroughly in the MetaTrader Strategy Tester before live trading. Past performance is not indicative of future results. Please ensure proper risk management settings are configured according to your account balance.
