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GoldRushPro

4.82

GoldRushProEX: The Ultimate Trading Companion

Welcome, Traders and Investors!

Embark on an unparalleled trading journey with "GoldRushProEX" – your ultimate trading companion designed to navigate the complexities of the financial markets with precision and efficiency. In this comprehensive guide, we unveil the intricate workings of this cutting-edge trading tool, meticulously crafted to elevate your trading strategy to new heights.

now on the market for FREE worldwide:

Don't forget to visit my page for more high-quality products!


TELEGRAM CHANNEL OF THIS EA: 

https://t.me/+NLsEkOhNXUZmZDM8


Unlock Advanced Trading Strategies:

Are you ready to explore innovative trading strategies? "GoldRushProEX" offers a diverse range of strategies tailored to suit your trading preferences. From Buy & Sell Rotating to Candlestick Charts and Balance Hedging, you have the flexibility to choose the approach that aligns with your goals.

Enhanced Money Management:

Experience the freedom of advanced money management features with "GoldRushProEX." Whether you prefer automatic lot sizing or manual control, our comprehensive money management settings empower you to optimize risk and maximize returns.

Stay Informed with News Filtering:

Navigate market volatility with confidence using our integrated news filtering feature. Filter news by currency, volatility, and update intervals to stay ahead of market-moving events and make informed trading decisions.

Flexible Time Settings:

Take control of your trading schedule with flexible time settings. Whether you prefer to trade around the clock or during specific hours, "GoldRushProEX" adapts to your preferred trading schedule with ease.

Comprehensive Information at Your Fingertips:

Access critical trading information effortlessly with our integrated information settings. Stay informed about trading conditions, news events, and strategy performance, all from within a single, user-friendly interface.

Seamless Integration and Compatibility:

Designed to seamlessly integrate with your trading platform, "GoldRushProEX" offers universal compatibility across different devices and trading environments. Experience the convenience of trading whenever and wherever you choose.

General Settings

  1. Magic Number: A unique identifier for the trades managed by the EA.
  2. Comment: Text attached to each trade for identification.
  3. Initial Lot Size: The lot size for the first trade.
  4. Maximum Trades: The limit on the total number of trades open at the same time.
  5. Minimum Profit: Minimum profit in dollars required to close a position.
  6. Distance: The distance in pips between the current order and the next one.
  7. Pip Step: Size of the step in pips for the increments in subsequent trades.
  8. Lot Multiplier: Multiplier to increase lot sizes in subsequent levels.
  9. Maximum Spread: Maximum allowed spread to open new trades.
  10. Break Time: Time in minutes between trades (rest interval).

Distance and Pip Step:

- Distance: It sets the interval at which new trades are opened. For instance, if the distance is set to 50 pips, a new trade will be opened every 50 pips.

- Pip Step: This determines the step size for trade increments. If set too low, it can lead to over-trading, especially in volatile markets like gold.


Money Management Settings

  1. Use AutoLot: Enables or disables automatic lot calculation.
  2. Balance per Initial Lot (AutoLot): Balance used to calculate the initial lot in auto mode.
  3. Balance per Cycle (AutoLot): Balance used to calculate lot sizes for subsequent trades.
  4. Maximum Initial Lot (AutoLot): Maximum initial lot size in auto mode.
  5. Enable MM Plus: Enables or disables the daily profit target function.
  6. Daily Profit Target: Daily profit target in dollars.
  7. Enable MM Risk Loss: Enables or disables the maximum loss function.
  8. Maximum Loss: Maximum allowed loss as a percentage of the account balance.
Explanation of Money Management Settings

These options allow you to automate position sizing based on account balance and risk management settings. Here’s how they work:

1. Autolot

 • Description: Activates automatic lot size management based on account balance.
 • Function: The EA calculates the lot size automatically, adjusting the size of trades proportionally to the available balance. This helps maintain a constant risk percentage as the balance changes.

2. Balance per Initial Lot

 • Description: Determines the balance required to open the initial lot.
 • Function: Specifies how much balance is needed to open 1 lot. For example, if set to $10,000, the system will open 1 lot for every $10,000 in account balance. If the balance is $20,000, it will open 2 lots.
 • Example: If the balance is $15,000 and “Balance per Initial Lot” is set to $10,000, the EA will open 1.5 lots for the initial trade.

3. Balance per Cycle

 • Description: Indicates the balance needed to determine the lot cycle size (sequence of trades).
 • Function: Adjusts the total size of the trade sequence based on account balance. Similar to “Balance per Initial Lot” but applied to all trades opened in a sequence.
 • Example: If set to $5,000 and the balance is $20,000, the cycle can use up to 4 lots in total for all trades in that sequence.

4. Set MM Plus

 • Description: Advanced setting to modify lot size management based on volatility or other factors.
 • Function: Allows for extended lot size management by incorporating additional parameters such as market volatility. This can help adjust risk in more volatile markets.
 • Example: If volatility increases, “Set MM Plus” might increment or decrement the lot size relative to base parameters to mitigate risk.

5. Set MM Risk Loss

 • Description: Limits the maximum losses per cycle or trade.
 • Function: This parameter sets a maximum acceptable loss per cycle or trade before the EA stops trading or closes open trades. It protects the capital by limiting losses in unfavorable market conditions.
 • Example: If set to 10%, the EA will close trades or stop the sequence if losses reach 10% of the account balance.

Practical Application

Example Configuration

Imagine you have a balance of $20,000 and want to configure the EA to manage risk:

 1. Autolot: Active
 • Balance per Initial Lot: $10,000
 • Will open 1 lot for every $10,000 of balance. With $20,000, it will open 2 initial lots.
 • Balance per Cycle: $5,000
 • Adjusts the sequence size based on balance. With $20,000, it allows up to 4 lots total in the sequence.
 2. Set MM Plus: Active
 • Considers volatility and can increase or decrease lots based on market conditions.
 3. Set MM Risk Loss: 10%
 • Limits losses to 10% of the account balance to protect capital.

Benefits and Considerations

 • Automation: Automated settings help maintain consistent risk management without manually adjusting each trade.
 • Flexibility: Allows lot size to adapt to market conditions and account balance, enhancing overall risk management.
 • Protection: “Set MM Risk Loss” provides a safety net to limit losses in adverse market conditions.

Explanation of % Risk Loss Option

The ”% Risk Loss” option in Gold Rush Pro allows you to set a maximum loss limit as a percentage of your account balance. This parameter is crucial for risk management and protecting your capital from excessive losses.

What is % Risk Loss?

 • Description: Represents the maximum percentage of your account balance you are willing to lose on a single trade or series of trades.
 • Function: Sets a limit beyond which trading is stopped, or open positions are automatically closed to prevent further losses. This mechanism is also known as a “global stop loss.”

How It Works

When you configure % Risk Loss, you define a maximum loss threshold based on your account balance. For example, if you set % Risk Loss at 5% and your account balance is $10,000, the maximum you are willing to lose is $500. If losses reach this threshold, the system will close open positions or stop opening new ones.

Configuration

Here’s how to set % Risk Loss effectively:

 1. Access EA Settings:
 • Open the Gold Rush Pro settings in your trading terminal.
 2. Find the % Risk Loss Option:
 • Look for the option labeled ”% Risk Loss”.
 3. Set the Percentage:
 • Enter the risk percentage you are willing to tolerate. For example:
 • 2%: If the account balance is $10,000, you risk up to $200.
 • 5%: If the account balance is $10,000, you risk up to $500.
 4. Save and Apply:
 • Save the changes and apply the new settings.

Application Example

Imagine you have an account balance of $20,000 and want to limit losses to 3%:

 • Account Balance: $20,000.
 • % Risk Loss: 3%.
 • Maximum Loss Calculation: 3% of $20,000 = $600.

If total losses reach $600, the EA will stop trading or close open positions to prevent further losses.

Tips for Setting % Risk Loss

 • Start with a Conservative Value: Set a low value (e.g., 2-3%) if you are starting, to limit losses and evaluate the EA’s performance.
 • Adapt to Market Conditions: Adjust the % Risk Loss based on market conditions. More volatile markets may require a lower value to better protect capital.
 • Regular Monitoring: Regularly review account performance and adjust the % Risk Loss as necessary, based on trading outcomes and your risk tolerance.

Benefits of % Risk Loss

 • Capital Protection: Limits maximum losses in unfavorable market conditions.
 • Risk Control: Helps maintain control over total risk exposure from the account.

 • Automation: Automates the risk management process, reducing the need for manual intervention.


Strategy Settings

  1. Selected Strategy: Choice of the strategy to use.
  2. Use Average Bar: Enables or disables the use of the average bar for calculations.
  3. Number of Bars: Number of bars used to calculate the average.
  4. Exponential Weight: Weight for the bar average.
  5. Use EMA: Enables or disables the use of exponential moving averages.
  6. Fast EMA: Period for the fast exponential moving average.
  7. Medium EMA: Period for the medium exponential moving average.
  8. Slow EMA: Period for the slow exponential moving average.
Candlestick Strategy in Gold Rush Pro
The candlestick strategy is a technical analysis technique used in Gold Rush Pro to identify potential trading signals based on candlestick formations on the chart. Here’s how it works:

How the Candlestick Strategy Works
Identifying Candlestick Patterns:

Specific Patterns: The strategy recognizes various candlestick patterns that can indicate trend reversals or continuations. Common examples include Hammer, Engulfing, Doji, and Morning Star.

Signal Confirmation: The identified pattern must be confirmed by price movement. For example, a Hammer at the end of a downtrend might indicate a bullish reversal if the next candle closes above the Hammer's high.


Entry Conditions:

Complete Formation: The EA waits for the candlestick pattern to complete before making trading decisions.

Additional Filters: The strategy might include additional filters such as volume, volatility indicators, or support and resistance to confirm the validity of the pattern.


Pattern Example:

Bullish Engulfing: In a downtrend, a red (bearish) candle is followed by a green (bullish) candle that “engulfs” the previous candle, suggesting a potential bullish reversal.

Doji: A candle with a very small body and long shadows, indicating market indecision and potential reversal if formed in an extended trend.


Practical Application


Setting Parameters:

Select Patterns: Configure the EA to recognize and react to the candlestick patterns you find most reliable.
Confirmation Filters: Set additional filters to reduce false signals, such as volume conditions or support and resistance levels.
Configuration Example:

Recognized Patterns: Hammer, Bullish/Bearish Engulfing, Doji.

Confirmation: Price movement above/below the pattern, increasing volume.


Testing and Optimization:

Backtesting: Perform backtesting of the strategy with various candlestick patterns to evaluate their effectiveness on historical data.

Demo Trading: Test the strategy in a demo account to observe its real-time behavior and make adjustments if necessary.


Benefits and Considerations

Benefits:

Clear Signals: Candlestick patterns provide clear visual signals for potential trend reversals or continuations.
Adaptability: Can be combined with other technical analysis techniques to enhance signal reliability.
Considerations:

False Signals: As with any pattern-based strategy, there are risks of false signals, especially in sideways markets.

Necessary Confirmation: Using additional filters to confirm signals can help reduce false signals.


News Filter Settings ( IN THE NEXT UPDATE)

  1. News Filter: Enables or disables the news filter.
  2. Filter by Currencies: Selects the currencies to monitor for news.
  3. Defined Currencies: List of currencies to filter news for.
  4. Filter by Volatility: Sensitivity of the news filter based on volatility (star rating system).
  5. Update Interval: Interval for updating the news filter.
  6. Stop Trading Before and After News: Hours to stop trading before and after news events.
  7. Server Time Offset: Time difference between the server and local time.
  8. Allow Panel at Chart Right: Option to position the information panel to the right of the chart.

The EMA (Exponential Moving Average) filter is an important tool in Gold Rush Pro. Here’s how it works and how it can impact trading:


What is the EMA Filter?


The EMA filter uses exponential moving averages to analyze long-term trends compared to short-term ones. It’s designed to filter trading signals based on trend direction.


How Does It Work?


 1. Trend Identification: The EMA filter compares two exponential moving averages, one long-term and one short-term. When the short-term EMA is above the long-term EMA, it indicates an uptrend, and vice versa for a downtrend.

 2. Signal Generation: Depending on the identified trend direction, the EMA filter allows or blocks trading signals. For example:

 • Uptrend: The EA can be set to open buy trades only.

 • Downtrend: The EA can be set to open sell trades only.

 3. Signal Filtering: The EMA filter helps avoid trades against the dominant trend, improving signal quality and reducing false signals in volatile markets.


EMA Filter Parameters


You can adjust the periods of the EMAs used in the filter to match your trading style and market volatility. The default settings are a good starting point, but you might experiment with different periods to see what works best in your specific scenario.


Tips for Use


 • Test and Adapt: Try different EMA filter configurations in a demo environment to see how they affect your trading results.

 • Trend Alignment: Use the filter to align your trades with the overall trend direction, reducing the risk of entering unfavorable trades.


Setting Trading Hours


Here’s how you can configure the EA to trade between 07:00 and 21:00 UK time, considering your server is 2 hours ahead of UK time.


Your server is 2 hours ahead of UK time, so when it is:

 • 07:00 UK time, it is 09:00 server time.
 • 21:00 UK time, it is 23:00 server time.

You need to set the trading hours in Gold Rush Pro using server time. Here’s what to enter:

 1. Start Time: 09:00 server time
 2. End Time: 23:00 server time

Steps to Configure Trading Hours

 1. Open EA Settings: Go to the configuration of Gold Rush Pro in your trading terminal.
 2. Find Trading Time Options: Look for the settings for trading start and end times. These might be labeled as “Start Time” and “End Time” or something similar.
 3. Enter Server Time:
 • Start Time: Enter 09:00.
 • End Time: Enter 23:00.
 4. Save Settings: Apply and save the changes.

Configuration Example

Here’s how it might look in your EA:

 • Start Time: 09:00
 • End Time: 23:00

Tips

 • Check Time Zone: Ensure the server’s time zone does not change, especially during daylight saving time, and update the settings if necessary.

 • Test in Demo: Run a test on a demo account to verify that the trading hours are correct before applying them to a live account


Time Settings

  1. Use Time: Enables or disables the use of a time window for trading.
  2. Start Hour: Hour when trading starts.
  3. End Hour: Hour when trading stops.
  4. Monday Orders: Enables or disables trading on Monday.
  5. Tuesday Orders: Enables or disables trading on Tuesday.
  6. Wednesday Orders: Enables or disables trading on Wednesday.
  7. Thursday Orders: Enables or disables trading on Thursday.
  8. Friday Orders: Enables or disables trading on Friday.
  9. Saturday Orders: Enables or disables trading on Saturday.
  10. Sunday Orders: Enables or disables trading on Sunday.

Managing Trading Outside Scheduled Hours


When Gold Rush Pro is set to operate only within specific time frames, here’s what happens outside those hours:


 1. Stop New Trades:

 • No New Trades: The EA will not open new trades outside the scheduled trading hours. So, if trading is scheduled between 09:00 and 23:00 (server time), no new orders will be opened after 23:00 and before 09:00.

 2. Handling Existing Trades:

 • Closing Existing Trades: Gold Rush Pro will continue to manage existing trades outside the scheduled trading hours. If there are open positions that meet the criteria for closure (e.g., reaching a profit target or a stop loss level), the EA will close them even outside the trading hours.

 • No New Trade Sequences: Even though it closes existing trades, it will not start new trading sequences until the start of the next scheduled interval.


What This Means for You


 • New Trades: Ensure the trading schedule covers the hours during which you want to open new positions.

 • Existing Trades: Open positions will be monitored and closed based on the set parameters, ensuring risk management even outside active hours.

 • Test in Demo: Before applying these settings on a live account, try setting them up in a demo account to verify that they work as intended.


Information Settings

  1. Information Display: Enables or disables the display of specific EA information on the chart or in logs.


Unlock Your Trading Potential with GoldRushProEX!

Experience the future of trading with "GoldRushProEX" – your gateway to enhanced profitability, advanced strategies, and unparalleled trading efficiency. Join the ranks of successful traders and unlock your trading potential today!



Avis 11
rontee
14
rontee 2024.06.22 04:45 
 

Yuri You are the best

Andi Yusuf Kurniawan
117
Andi Yusuf Kurniawan 2024.06.11 17:41 
 

very good ea, iam using the first strategy and running so good, i suggest using cent account, can i get the best settings to optimize this ea ? thanks

Erwin Santoso
125
Erwin Santoso 2024.06.10 12:28 
 

The best EA so far for GOLD. Thank you so much.

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Yuri Congia
Experts
Experience the Quantum Leap in Trading with Quantum Pending Wizard: Your Ultimate Path to Forex Success Welcome to the forefront of trading innovation with Quantum Pending Wizard! Are you tired of manual trading complexities holding you back? It's time to embrace a new era of efficiency and profitability with our state-of-the-art automated trading solution. Unlock the Power of Quantum Pending Wizard Prepare to redefine your trading journey with Quantum Pending Wizard. Crafted by the esteemed exp
TrendEdge Indicator
Yuri Congia
Indicateurs
TrendEdge Indicator Limited-time Special Opportunity: Seize the moment! Be among the first 10 (Purchasing 1/10) to seize this unique opportunity, and not only will you acquire a top-tier trading algorithm but also enjoy an exclusive discount. Don’t delay; this could be your key to trading success with just a few clicks. Grab it now and prepare to elevate your trading experience! Note: This offer is available solely to the first 10 purchasers. Don’t mis out on this one-of-a-kind chance! Descri
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rontee
14
rontee 2024.06.22 04:45 
 

Yuri You are the best

Andi Yusuf Kurniawan
117
Andi Yusuf Kurniawan 2024.06.11 17:41 
 

very good ea, iam using the first strategy and running so good, i suggest using cent account, can i get the best settings to optimize this ea ? thanks

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.06.11 17:52
Thanks if you want, you can try other my product are good how this, or better if you want i create a group telegram when caan exchange set information with the community
philippe germain
2728
philippe germain 2024.06.11 15:11 
 

Soon or later the account will blast with this ea.

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.06.11 15:15
I completely understand your frustration. Since it's a free product, I regret that you used the EA without a full understanding of its functionality. There may have been issues with the risk management settings. Let’s tackle this together – reach out to me, and we'll resolve it privately.
Erwin Santoso
125
Erwin Santoso 2024.06.10 12:28 
 

The best EA so far for GOLD. Thank you so much.

guillermo garcia
18
guillermo garcia 2024.06.05 13:35 
 

very very nice. its necesari just the lots in the correct level. Thank so much you are the best ¡¡¡

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.06.11 17:50
Thanks if you want, you can try other my product are good how this
Daddy Rozhan
32
Daddy Rozhan 2024.05.30 11:51 
 

The Best EA only for Gold thanks

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.06.11 17:50
Thanks if you want, you can try other my product are good how this
Daniele Lorenzoni
20
Daniele Lorenzoni 2024.05.24 10:08 
 

It seems to work well. it is the best free gold EA I found so far. Thanks

RainerGER
35
RainerGER 2024.05.16 15:44 
 

The Best EA for Gold

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.05.16 15:46
Thanks if you want, you can try other my product are good how this ☺️
Richard Baptista
84
Richard Baptista 2024.05.09 23:15 
 

"It's a very powerful EA; it should definitely become paid. That would be legitimate."

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.05.09 23:19
I’m flattered, thank you very much. Your words are encouraging. I would be happy if you tried out the other products I have on the market, even the paid ones. Even if you don’t purchase them, your feedback would be valuable. Thanks again!
Sergei Vasilev
604
Sergei Vasilev 2024.05.06 22:01 
 

Eurusd 5 m test very Good

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.05.07 11:39
Thank you very much for taking the time to test it, I'm very happy about this. Any advice or suggestions to improve it are greatly appreciated. I also recommend trying out the other free indicators, and if you'd like to give me feedback, it's welcome. Testing out all my products, including those for sale, even if just for testing purposes, will contribute to their improvement. Any comments and reviews are welcomed.
Mohamed H A Dabouqi
1579
Mohamed H A Dabouqi 2024.05.06 16:20 
 

Good job going forward

Yuri Congia
3179
Réponse du développeur Yuri Congia 2024.05.07 11:40
Thank you for the encouragement! I'm determined to keep improving and offering even better products. If you have any further suggestions or requests, please feel free to let me know.
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