Gold Devorer Danti
- Experts
- Version: 19.4
- Activations: 15
dantiTrader Gold Edition is an Expert Advisor for MetaTrader 5 designed
specifically for gold symbols such as XAUUSD and broker-specific symbols
containing XAU or GOLD.
The trading logic is based on the crossover of the 10-period and
50-period Exponential Moving Averages (EMA). When a qualifying crossover
is detected on a monitored timeframe, the EA can open a market trade on
the chart timeframe. With the multi-timeframe cascade enabled, it
monitors timeframes at or below the timeframe of the chart to which it
is attached. The lowest monitored timeframe is configurable.
Trade management includes configurable stop loss and take profit
distances, optional breakeven protection, and optional trailing stop
management. Users can choose a fixed lot size or enable percentage-based
risk sizing, which requires a valid stop loss. The maximum number of EA
positions can be limited; a value of zero means no EA-imposed position
limit. The EA also provides configurable handling of simultaneous buy
and sell exposure and sends trade notifications through Telegram when
configured.
Main features: - Designed for gold symbols containing XAU or GOLD in the
symbol name. - EMA 10/EMA 50 crossover entries. - Optional
multi-timeframe cascade. - Configurable stop loss and take profit. -
Optional breakeven and trailing stop. - Fixed-lot or percentage-based
risk sizing. - Configurable maximum position count. - Optional Telegram
trade notifications.
Setup: 1. Attach the EA to a gold chart supported by your broker. 2.
Choose the chart timeframe and decide whether to enable the
multi-timeframe cascade. 3. Check the pip-size setting against your
broker’s gold price quotation. The default pip-size assumption is a 0.10
price movement; change it if your pip convention differs. 4. Configure
lot size or risk percentage, stop loss, take profit, breakeven, trailing
stop, and position limits. 5. Test the settings in the MetaTrader 5
Strategy Tester and on a demo account before considering live trading.
Risk notice: This Expert Advisor does not guarantee profits. EMA
crossovers can produce false signals, particularly in sideways markets.
Trading gold involves substantial risk, and losses can exceed
expectations because of leverage, gaps, spread changes, slippage, and
execution conditions. The default settings are examples, not a
recommendation for every account. Choose position sizes and limits
appropriate to your capital and risk tolerance.
