• Overview
  • Reviews (3)
  • Comments (28)
  • What's new

GOLD BOT

The Expert Advisor has been developed for GOLD M30 based on High/Low and pending orders. If the signal is not satisfied for 13 bars, a pending order are canceled.

It has been backtested on over 7-year tick data with 99% quality of modelling. The screenshots attached feature the robustness test by Monte Carlo analysis with 200 simulations.

A broker with a small spread and slippage is recommended for better performance. No need to set up any parameters, these settings are optimized.

Check my other products. They work well in combination with GOLD PEMA attached backtest with portfolio.

There is no need in using a large account. I recommend trading from 500 USD with 0.01 or 0.02 lots.


Features

  • Each deal is protected by stop orders (Stop Loss and Take Profit)
  • Both a fixed lot and a free margin percentage are used
  • No martingale, no grid
  • No excessive consumption of CPU resources
  • The long-term timeframe is M30
  • User-friendly settings
  • 60% winning trades

If you have any question, please contact me before buying.


Settings

  • MinimumSLPT = 600 – minimum SL/PT
  • MaximumSLPT = 900 – maximum SL/PT
  • UseMoneyManagement = false – enable/disable auto money management
  • LotsDecimals = 2 – a broker should support trading in micro lots; if your broker does not support micro lots, set to 1
  • RiskInPercent = 2.0 – risk in percent for one trade from account balance
  • MaximumLots = 0.5 – maximum allowed lots for trading
  • TradeLong = true – disable or enable long trades
  • TradeShort = true – disable or enable short trades
  • MaxSlippage = 3 – maximum slippage
  • MagicNumber = 26024 – trade ID
  • CustomComment = "GOLD_BOT" – custom comment in history
  • EmailNotificationOnTrade = false – if a trade is opened, an email is sent to you; you need to setup an SMTP server in MetaTrader 4
  • DisplayInfoPanel = false – enable or disable the info panel on the chart
frankang
28
2016.03.23 15:43 
 

Used it on a real account from Feb to March , 2016. During this five-week period , this robot placed 5 orders (1 order per week on average), 4 of them were TP with $7, and 1 of them was SL about $7. (The overall earned amount is 4*7-7=$21 (21000pts)). My suggestion is to change the SL to 3 dollars (300pts) when it becomes an open order.

Sergey Genikhov
1619
2015.10.05 17:11 
 

Run it on live account.

During 3 month Jul - Sept 2015, 7 trades executed (3 loss and 4 profit) , with total profit is ~14.4$ , trades were done with 0.01 lot, each trades was from 7 to 9 $.

I didn't compared the results with a testing; number of trades and size of each trade is comparable with overall profit. So i don't sure if system is worked, but for sure, it will not drain you account.

There are enormous number of pending orders executed, i would prefer if this number would be decreased and number of profitable entry points increased.

Zack van Zyl
816
2015.07.16 19:30 
 

This EA is amazing! The accurate backtest shows how powerful this is! good work Tomas and hope the pips keep coming!

Version 1.3 - 2015.11.26
- Optimize for new build 910.
Version 1.2 - 2015.11.24
- Optimize for new build.
Version 1.1 - 2015.09.01
- optimized for the new build
- added a new indicator
- reoptimized settings