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The Expert Advisor has been specifically developed for trading gold (Spot Gold).

The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation.

Martingale and averaging are not used. Each order is independent and is accompanied by a stop loss and take profit.

The strategy applies a trailing stop.

It is recommended using this EA on gold (Gold Spot, XAUUSD, etc.).


  • Comment to order - open orders comments;
  • MaxRisk - maximum risk per trade;
  • if MaxRisk = 0, Lot will be - lot if MaxRisk=0;
  • Take Profit - take profit;
  • Stop Loss - stop loss;
  • Enable trailing-stop - enable trailing stop;
  • Trailing Start - trailing start;
  • Trailing Step - trailing step;
  • Max orders in the market - maximum number of simultaneous orders;
  • Max Spread - maximum allowable spread;
  • Slippage - slippage level;
  • Magic - magic number to distinguish EA's own orders.
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