Golden sun is a fully automated Expert Advisor which was successfully tested from January 2014 to January 2016. This version has been optimized for EURUSD M5. The future versions are to be adjusted to other pairs and timeframes.
The EA is suitable both for experienced and novice traders. You need only to launch it and set the necessary lot size manually. The default lot is 0.05. You can also set a stop loss value: StopLoss parameter sets value in points, SL_ON parameter enables and disables this function.
It can run with any deposit, since only a lot size is important here. Spread value is not critical, but less is always better. The EA works with a deposit $100 and higher.
How It Works
The EA operation is based on thorough analysis of the data received from several indicators on four timeframes. The EA is trying to enter a position at the beginning of a trend or in the direction of correction, and closes it based on the indicators' signals and reaching the maximum profit or minimum loss.
- No martingale, no grid EA;
- No settings to be configured;
- Very good Risk/Reward ratio;
- No scalping, no hedging;
- Low drawdown;
- Works with any broker;
- No re-optimization;
- Deposit is from $100;
- Lot size is set manually;
- The product is resilient, since its code contains the mechanism of backup of files, in which the variables used in the program are stored. In case of a failure, trading resumes from the same place automatically.
- Lots - amount of lots (default - 0.05);
- StopLoss - stop loss in points;
- SL_ON - allow placing stop losses.
Strategy Tester Results
Shown on the screenshots:
- testing since January 2014 to February 2016 - EURUSD М5, lot size - 0.05, initial deposit - $100, profit - $3 363.
- The EA will be constantly optimized if possible. For your questions/comments, please use the Comments tab.