Gold Shovel


Gold Shovel EA is an Expert Advisor designed specifically for Gold Great British Pound (XAUGBP) on 2 minute time frame chart, built around hedging and controlled recovery of losing trades using a Martingale recovery strategy.

The EA does not simply increase the lot size after every loss. When a trade closes in a loss, it first evaluates the current market conditions using ATR, ADX, and Bollinger Band width. Based on these conditions, the EA determines whether the recovery should be taken on the same side or the opposite side, and then applies the selected recovery lot.

The goal is to give the recovery trade a better opportunity to recover the previous loss while keeping the recovery process controlled and based on market conditions.

Main Features

  • Hedging — Buy and Sell trades can work together as part of the EA's trading and recovery logic.
  • Martingale Recovery — Uses a larger recovery lot after a losing trade to attempt to recover the previous loss.
  • Auto Recovery Mode — Uses ATR, ADX and Bollinger Band width to determine the most suitable recovery direction.
  • Same-Side / Opposite-Side Recovery — The EA can recover in the same direction or switch to the opposite direction depending on market conditions.
  • Reverse Recovery — Optional setting that can reverse the selected recovery direction.
  • Trailing Stop — Available for additional profit protection.
  • Defensive Trailing TP — Can bring the Take Profit closer when a trade is moving toward its Stop Loss, helping reduce the potential loss if price reverses. Off by default.
  • Trading Filters — Allows specific trading days and hours to be selected.

Recommended Account Setup

Gold Shovel EA is designed with larger accounts and long-term use in mind

  • $2,000 account → 0.04 recovery lot
  • $5,000 account → 0.08 recovery lot — Recommended
  • $10,000 account → 0.20 recovery lot

As the account size increases, the EA can operate with a larger recovery lot.

Default Trading Schedule

By default, Gold Shovel EA trades:

Monday • Tuesday • Thursday

02:00 – 22:00

The trading days and hours can be changed in the EA settings.

Tested, Approved and Trusted

Gold Shovel EA -> built for controlled recovery, hedging, and long-term trading on XAUGBP 2minute chart.



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Features Simultaneous Multi-Signals, Multi-Symbols and Multi-Timeframes. Please message me for ALL settings. I am constantly seeking new signals and improving old ones to maintain and improve the edges in my updates to this EA Extraordinarily robust (wide range of settings produces positive results over long testing periods during optimizations and across different broker feeds and timeframes) Built-in anti-curve fitting features for extremely robust optimizations (Time Dilation testing, Monte C
BreakOutGold
Leonid Basis
Experts
This Expert Advisor checks the Price before Start_Hour (input parameter) and opens Buy or Sell position if the conditions are right. You have PipsLevelOpen and PipsLevelClose input parameters to optimize the EA for each and every currency pair and timeframe. You can switch TrailingStop off by setting this input parameters to 0 (zero).  If UseMM (input parameter) = true, then Money Management system will be switched on with PercentMM  (input parameter)  as a percent from Account Free Margin .
Fortune
Andriy Sydoruk
3 (2)
Experts
Advisor (Fortune): Your Reliable Tool for High-Frequency Forex Trading The Fortune advisor is designed to be used on any timeframe, any currency pair, and on any broker's server. Its unique trading system makes it a versatile tool for traders. For optimal performance, it is recommended to trade liquid forex pairs, maintain a low spread, and use a VPS. You can start with a $100 deposit and a lot size of 0.01. Key Features and Benefits High-Frequency Trading : Utilizes two trading options: with v
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Charles Harper
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[ EA] ENTERPRISE LT is a MetaTrader (MT4) Expert Advisor designed for use with most currency pairs and Gold. It implements complete, fully functional trading strategy. It is NOT based on any indicators or Price Action. It is very easy to set up and supervise. The strategy is timeframe-independent. [EA] ENTERPRISE LT has a set of unique features: It can be individually adjusted, according to your strategy. It has complete money management and risk management. Advanced functions to respond to diff
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Gold Shovel EA is an Expert Advisor designed specifically for Gold Great British Pound (XAUGBP) on 2 minute time frame chart, built around hedging and controlled recovery of losing trades using a Martingale recovery strategy . The EA does not simply increase the lot size after every loss. When a trade closes in a loss, it first evaluates the current market conditions using ATR, ADX, and Bollinger Band width . Based on these conditions, the EA determines whether the recovery should be taken on th
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This is it The ea that grows your equity with minimal draw down. for small gains for small accounts and big accounts. profitable over a time. you can decide when to cash out and turn it off at anytime you feel you have had enough :::::::::::::::::::::::::::::: SETTINGS:::::::::::::::::::::::::: *Change the System Mode from isolated netting to -> *Protected Hedging engine Recommended pairs->  GBPJPY, XAUGBP Time Frame-> 2 Minute Chart Minimum balance -> $100 Recommended balance ->$500 ::::::
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