AW Golden One EA
- Experts
-
AW Trading Software Limited
______________ AW Trading Software ______________
📢 mql5com channel 👉 https://www.mql5.com/en/channels/awtradingsoftware - Version: 1.0
- Activations: 20
AW Golden One EA is an Expert Advisor for trading gold XAUUSD on breakouts of key levels. It runs ten independent strategies: each one calculates its levels in its own way and trades their breakout with its own orders, so the result of every strategy is counted and shown separately. Simple setup with flexible fine-tuning when needed. Suitable for prop firms.
Important: To keep the EA's work relevant, we will raise its price as sales grow. After every 10 purchases the price goes up by $50, up to the final price of $995.
How the EA works:
Every order is placed with StopLoss and TakeProfit. The volume depends on the balance and the selected risk level, not on the previous trade: no martingale and no averaging. Open positions are managed with a trailing stop and a move of the stop to breakeven.
In addition, each strategy has a trend filter on the timeframe it works on: new orders are placed only in the trend direction, orders against the trend are removed. There is a news filter.
Features:
- Ten independent strategies on one chart, each with its own Magic and its own result
- No grid and no martingale, every order with StopLoss and TakeProfit
- The lot is sized to the selected risk level for the whole set of strategies
- Trend filter separately for each strategy
- News filter, daily loss limit, closing before the weekend
- Limits on spread and number of positions
- Panel with risk, the nearest news and the result of each strategy, Pause and Close All buttons
- No set files needed: the default settings are ready to work
Quick setup:
The default settings are enough to start: attach the EA to one XAUUSD chart on a hedging account, any timeframe, and set Risk level.
Risk level - risk level from Very low to Very high, an own value Own target drawdown or a fixed lot Fixed lot. The higher the level, the larger the lots and the deeper the possible drawdown. The selected level should first be checked in the strategy tester.
Use Trend Filter - enables the trend filter. The filter period is set in Trend Period.
Strategy set - the set of strategies: all ten, Swing or Short-term. An unwanted strategy is switched off with its own Strategy N switch, the rest keep working within the same risk.
Testing:
The EA is tested on XAUUSD on any timeframe with the default settings or with a different Risk level. The server time zone for the news filter is set by Server time zone in the Strategy Tester, on a live account it is detected automatically. In visualization mode the panel and its buttons work.
Input variables:
QUICK SETUP - Strategy set, Risk level, own drawdown value and fixed lot size
STRATEGIES - Strategy 1 - Strategy 10 switches
TREND FILTER - trend filter on and off and its period
RISK MANAGEMENT - maximum loss per day as a percentage of the balance, maximum number of open positions
NEWS FILTER - closing trades before NFP or before NFP and FOMC, minutes before the news and the pause after it
TIME SETTINGS - closing trades before the Friday market close, server time zone in the tester
NOTIFICATIONS SETTINGS - push notifications, mail and alerts on closed trades and EA events
ADVISOR SETTINGS - Magic, order comment, maximum spread and slippage, permission for buys, sells and new orders
GRAPHICS SETTINGS - color scheme, panel display, panel and font size
