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Golden System MT5

Golden system is a gold trading advisor that trades online as well as on history. The advisor does not have dangerous technologies such as martingay, grids and averaging and is therefore safe for a trading account. Orders are closed using trailing, take profit and stop loss. The advisor opens only one order at a time and all orders are protected by a fixed Stop Loss. The advisor is easy to use as it has a minimum of parameters for configuration. The main setting parameter is the auto lot size, which must be set based on the trading leverage and the desired risk. With aggressive trading (auto lot size more than 0.3) in the tester, the advisor shows profits of up to 100% per month.

Signal: https://www.mql5.com/en/signals/2199013

Requirements:

  • Working timeframe: 1H
  • Deposit size: Any
  • Leverage: Any
  • Trading conditions: preferably ECN accounts with low spreads.
  • Recommended brokers: Roboforex, ICMarkets, Alpari.

The advisor settings are optimized for the Roboforex broker; for other brokers it is advisable to select the optimal input parameters.

After closing a losing order, the advisor can open an additional order with the same or increased lot size; the multiplier can be changed in the input parameters.

Input parameters:

"----------- Trade settings ----------"

Magic Number=575; - Unique number of the advisor's orders.

Slippage=3; - Maximum slippage filter when opening an order.

MaxSpread=0; - Maximum spread filter, use if necessary.

Comment="GS" - Comments on the EA's orders.

Lot Type=Auto; - Select the lot type, auto lot or fixed.

Lot size/percent Lot=0.05; - Autolot size.

Trailing Start=70; - The size of the trailing stop, increasing the parameter is undesirable, sometimes it is even desirable to reduce it to 19 if an ECN account is not used.

Stop Loss=1400; - Stoploss size.

Take Profit=0 - Take profit is not used by default, but you can use it if necessary.

Trading Time="00:00-23:59"; - Set the desired trading time.

"----------- Strategy settings ----------"

...

"-----------Visual settings ----------"

ColorScheme=true;

ShowPanel=true;


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