Market / MetaTrader 5 / Experts /

Golden Bull Wave Trader

150 USD

Demo downloaded: 127

Published: 16 October 2020

Current version: 1.12

Golden Bull Wave Trader

Experts
Roman Gelman
Version: 1.12
Updated: 10 November 2020
Activations: 5

This EA is a unique approach to Gold day/swing trading.

The objective of the strategy is to:

Identify ideal and repeatable trade entries with high level of certainty
Create a day trading strategy which doesn’t require a hard SL and TP
Use alternate risk management mechanism instead
Visualize and auto manage trades based on S/R
A trade management solution that can be applied to any trading pair

Please also install the free custom indicator: FibonacciVPT

https://www.mql5.com/en/market/product/56294

Features

Optimised for: XAUUSD - Timeframe: 5 min
Trade management (buy only)
Works with any Broker
Indicates possible bullish and bearish reversals
Strategy to mitigate against volatility
Identifies cycle stage using color coded arrows:

purple - bearish

blue - intermediate

pink - bullish

orange - high-risk (no algo trade)

red - possible bearish reversal

Parameters

CandleSize - Open/close difference in previous candle; used for volatility protection
CandleClose - Number of candles that close below support before exiting trade
AutoCloseProfit - Custom take profit enabled/disabled
NotifyOpenClose - Send notification enabled/disabled
Lots - Fixed trading lot
SL - Stop loss in pips (optional)
TP - Take profit in pips (optional)

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