EA Photon Gold is an automated trading robot programmed by the latest high-end algorithms. Combining scalper strategies, position management, and unique risk management EAs can help you optimize performance and control risk. Expert is programmed specifically for the Gold market (XAUUSD) in which the EA takes advantage of Gold's strong fluctuations to diversify signal models. EA's trading orders are usually executed quickly and then exited from the market. Floating positions can be closed with Stop Loss or at the end of the day.
The EA also has available optional parameters Max Stop Loss, Trailing, Take Profit and Intraday Trading options to control positions. Installing and using EA is very simple, you just need the default settings. The default setting is suitable for Gold with 2 decimal places in the price.
|Max Spread||= 35 to 50 (points, must be higher than the average spread of the pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 1.0 to 3.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)|
|Risk Levels||= Low Risk or Medium Risk or High Risk|
|Intraday Trading||= True (not keeping a floating position overnight) of False (position overnight)|
|Max Stop Loss||= 3000 (= 0 mean No SL)|
|Take Profit||= 600|
|Trailing||= 10 (points)|
|Magic Number||= your number|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:This EA is specifically designed for Gold (XAUUSD).
Time frame: any time frame. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 500
If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Stop Loss and Trailing values to 10 times the default value (ex: Take Profit = 6000, Stop Loss = 8000 ...), because the pip, point ratio of 2 and 3 decimal places differs by 10 times.