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Gold Multiply Funds EA

Introducing the Gold Multiply Funds EA - a revolutionary trading tool that is based on the powerful principle of compounding.

MT4 Version : https://www.mql5.com/en/market/product/90177

Brief description

EA for XAUSUD: AI & machine learning detect/respond to market trends with precision.

Trading Strategy

  • Advanced pattern recognition using AI and Machine learning for profitable trades
  • 65-70% correct prediction accuracy in 10 years of data
  • Compounding strategy generates steady profits
  • Small gains through compounding lots on every 100 USD
  • Initial investment of 200 USD can grows to 100k USD in a year
  • Minimizes risk of account wipeouts because of fixed TP and SL
  • Extensive testing and analysis show consistent profitability

Trading Information:

  • Symbol: Any XAUUSD symbol 
  • Working Timeframe: 30 minutes
  • Minimum Deposit: $200 recommended
  • Leverage: 1:500 but can work with 1:200 or less too
  • Preferred Broker: Vantage Markets Limited ( my personal choice )

EA Settings:

    Low Risk = True | High Risk = False

    We could limit the orders to one of the following options when Low risk is set to True with Max orders 2

    • One Buy Only
    • One Sell Only
    • One Buy and One Sell
    • One Sell and One Buy
      NO BUY BUY or SELL SELL

    Compounding balance value : $150

    • This means that the EA will compound at every $100 balance.
    Lot Size for Compounding: 0.01
    • This means that for every compounding value, the EA will place a 0.01 lot trade. For example:
    • If the account balance is $100, it will place a 0.01 lot trade.
    • If the account balance is $200, it will place a 0.02 lot trade and so on.
    • If the account balance is $580, it will place a 0.06 lot trade (rounded off).
      Take Profit : 160 ( 16 USD of TP in Gold )
      Stop Loss : 160   ( 16 USD of SL in Gold )
          Maximum order count : 1
          • This means that the maximum number of orders at one cycle will be 1.
            Magic Number : 44
            • In MQL (MetaQuotes Language), a magic number is a unique identifier that is assigned to a trade or a group of trades. This identifier is used to distinguish between different trades or groups of trades that may be opened by the same Expert Advisor or script.
            • The magic number is important for tracking and managing trades. For example, if you have multiple Expert Advisors or scripts running on the same account, each one can use a different magic number to keep track of its own trades. This can help prevent conflicts between different strategies and make it easier to manage your trades.

            Start time (hrs) : 04 

            End time (hrs) : 23

            • Based on VanatgeFx server time which is GMT+3 (Daylight Saving Time begins)
            • If your broker timezone is GMT+2 then modify the  Start time (hrs) : 03  and End time (hrs) : 22
            • If your broker timezone is GMT+1 then modify the  Start time (hrs) : 02  and End time (hrs) : 21 and so on
            • If your broker timezone is GMT+1 then modify the  Start time (hrs) : 02  and End time (hrs) : 21 and so on

            Comments : "Gold_Multiply_v2.8"

            Max spread to take orders : 100

            General Infomation :

            • Gold historical data since 2012 (provided by one of my clients): Symbol XAUUSD; I have tested this data on IC Markets using my EA. ( Contact me for the data )
            • Gold historical data since 2021 (VantageFx data saved on my PC): Symbol XAUUSD+; I have been maintaining this data and used it while creating the EA. ( Cotact me for the data )
            • Account Opening Link :  vantagemarkets.com/forex-trading/forex-trading-account/?affid=Njg2OTY= ( Copy and paste on your browser )
            • T Channel : search for gold_multiply_ea . I will regularly post important updates and information here.

            Risk Warning:


            Before purchasing our EA, please be aware of the risks involved. Past performance is not a guarantee of future profitability, and the EA could also result in losses. While this strategy always uses a stop loss, the execution of the stop loss depends on your broker. The maximum loss will be your total investment used at the start, so it can be a minimum of $100. However, I recommend $200, which is low for the forex industry, but the returns can be impressive.

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            Andre Filipe Da Rocha Cruz
            204
            Andre Filipe Da Rocha Cruz 2023.09.23 18:40 
             

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            daveeed00
            184
            daveeed00 2023.09.13 18:04 
             

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            marouane
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            marouane 2023.09.13 12:32 
             

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            Emmanuel Chukwudi Offor
            2192
            Emmanuel Chukwudi Offor 2023.07.08 11:42 
             

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            oitv86111870120
            48
            oitv86111870120 2023.06.16 02:30 
             

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            gohrd
            77
            gohrd 2023.06.06 14:55 
             

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            طاهر
            76
            طاهر 2023.06.05 19:24 
             

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            joel jacobson
            32
            joel jacobson 2023.05.22 21:38 
             

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            Jordi Beltrán
            37
            Jordi Beltrán 2023.05.22 21:23 
             

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            Caio Cesar
            18
            Caio Cesar 2023.05.22 14:49 
             

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            Shivam Gupta
            10811
            Reply from developer Shivam Gupta 2023.05.22 14:58
            Yes
            [Deleted] 2023.05.22 09:13 
             

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            Shivam Gupta
            10811
            Reply from developer Shivam Gupta 2023.05.22 09:38
            That was an additional check. I believe you didn't check and comment right away.
            Jali Os
            113
            Jali Os 2023.05.18 01:42 
             

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            steviearms
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            Erik Zenny
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            Erik Zenny 2023.05.15 14:06 
             

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            Shivam Gupta
            10811
            Reply from developer Shivam Gupta 2023.05.15 15:33
            Wait for two days. I will launch new version
            Abdelsalam Gebrel Abdelsalam Ahmed
            222
             

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            Ely Aleskry
            333
            Ely Aleskry 2023.05.11 03:28 
             

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            Dream9
            123
            Dream9 2023.05.09 14:28 
             

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            Shivam Gupta
            10811
            Reply from developer Shivam Gupta 2023.05.09 22:32
            Use max order as 1
            Stanislaw Bilka
            346
            Stanislaw Bilka 2023.05.09 11:06 
             

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            Shivam Gupta
            10811
            Reply from developer Shivam Gupta 2023.05.09 11:10
            I will provide this feature in a week
            david ishia
            59
            david ishia 2023.05.08 10:39 
             

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            Marcelo Luz
            92
            Marcelo Luz 2023.05.05 20:15 
             

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            12
            Reply to review
            Version 2.8 2023.05.22
            Version 2.8 Release Notes:

            1. Trailing Stop Loss (SL) Feature: In this version, we have introduced the highly anticipated trailing Stop Loss feature. This new addition enhances the reliability of the Expert Advisor (EA) by allowing it to dynamically adjust the Stop Loss level as the market moves in favor of the trade. This feature provides improved risk management and helps protect profits.

            2. Enhanced Algorithm: We have significantly improved the underlying algorithm of the AI model powering the EA. Through extensive training, the AI model has been equipped with the ability to detect and analyze market patterns within the range of 1900-2100. This expanded scope enables the EA to make more informed trading decisions and adapt to various market conditions, enhancing overall performance.

            3. Improved Accuracy: The inclusion of the advanced pattern detection capabilities in the AI model has resulted in improved accuracy for the EA. By leveraging the learned patterns and historical data, the EA can identify more favorable trading opportunities, increasing the likelihood of successful trades and optimizing trading outcomes.

            4. Eliminated the need for a centralized server, enabling EA compatibility with any broker of your choice.

            We appreciate your patience and support as we continue to enhance the EA. We believe that these updates will contribute to achieving our targets more efficiently and effectively. Thank you for choosing our product, and we look forward to assisting you in your trading endeavors.
            Version 2.6 2023.04.25
            Fixed issues on version 2.5
            Version 2.5 2023.04.23
            Add on Input :
            Check candlestick before entry : True / False
            How many candles to check : 10 ( my choice ) after testing

            Explanation :
            When generating a new trade, the Expert Advisor (EA) will analyze the price movement of the Gold by checking the last 10 candles. The EA will calculate the size of all red and green candles, which involves measuring the difference between the open and close prices of each candle. Based on this calculation, the EA will determine whether the market trend is bullish or bearish.

            To ensure the accuracy of the analysis, the EA will only generate a buy signal if both the candle pattern and the trend calculation indicate a bullish trend. Similarly, the EA will only generate a sell signal if both the candle pattern and trend calculation indicate a bearish trend. This helps to minimize the risk of false signals and improves the overall success rate of the trades generated by the EA

            Also changed the default TP and SL to 12
            Version 2.4 2023.04.15
            Magic Number input field has been added as per request from multiple users.
            Version 2.3 2023.04.07
            Added feature to reverse an order during high volatility. This has improved the performance.
            Version 2.2 2023.04.03
            I have noticed that some traders get anxious when they encounter continuous buy or sell orders. I would like to propose a solution that could potentially alleviate this concern.

            We have introduce a maximum order limit for each trading cycle? For instance, we could limit the orders to one of the following options:

            One Buy Only
            One Sell Only
            One Buy and One Sell
            One Sell and One Buy
            NO BUY BUY or SELL SELL

            New Input variable been introduced
            Low Risk = True | High Risk = False
            High Risk = False ( means version 2.1 )