Settings for Price Gold v1.7 have been added to the Discussion section.
Attention!!! These settings are NOT compatible with previous versions of the EA.
Price Gold is a fully automated trading system specifically engineered for the high-volatility Gold market (XAUUSD). This EA is designed for long-term stable growth and is ideal for traders who value a systematic approach over emotional decision-making.
The algorithm is based on proprietary indicators that analyze price momentum and volatility. The system utilizes intelligent filters to pinpoint high-probability entry points while minimizing false signals.
Key Advantages
* Safety First: The EA DOES NOT use dangerous methods like Martingale, Grid, or Averaging. Every trade is protected by a fixed Stop Loss and Take Profit.
* Smart Management: An integrated Trailing Stop secures accumulated profits in real-time.
* Risk Filtration: Built-in spread protection and a News Filter help avoid trading during chaotic market periods.
* Versatility: for M1, M2, M5, M15 timeframes.
Recommendations
* Symbols: XAUUSD.
* Timeframes: M1, M2, M5, M15 (it is recommended to test each to find the best fit for your broker).
* Account Type: ECN or Raw (low spreads and fast execution are mandatory).
* Minimum Deposit: $250.
* Leverage: 1:100 or higher (1:500 recommended).
--- Main Settings ---
* Magic Number: Unique ID for the EA's orders. Allows running multiple robots on one account.
* Max Spread: Maximum allowed spread in points for opening a trade. Protects against entries during low liquidity.
* Order Comment (Expert Tag): A tag for trade history to identify the EA's operations.
* Use Auto Lot: Enables dynamic lot scaling. Position size will grow automatically with your balance.
* Lot per 1000: Lot size for every $1,000 of balance (active when Auto Lot is true).
* Fixed Lot: Static trade volume (active when Auto Lot is disabled).
* Slippage: Maximum allowed price deviation in points.
--- Manual Levels (If AutoSettings OFF) ---
* Stop Loss / Take Profit: Fixed risk and reward levels in points.
* Entry Offset: Distance from the current price to place a pending order.
* Expiration Min: Lifetime of a pending order in minutes.
--- News & Time Filter ---
* Use News Filter: Enables the news filter.
* Stop Before / After: Minutes to pause trading before and after high-impact news releases.
* Min Importance: 1-Low, 2-Medium, 3-High.
* Draw news lines on chart.
* Minutes to keep news lines (0 = delete immediately).
* News objects prefix.
* Start / End Hour: Defines the trading session hours (Server Time).
--- Trailing & Pending ---
* Use Trailing: Enables the function that moves the Stop Loss following the price.
* Trailing Distance / Start: The trailing gap and the minimum profit required to activate the trail.
* Use TrlPending: A "Price Follower" feature for pending orders.
* Trl Pend Step: Minimum price change in points to move the pending order closer to the market.
--- Equity Protection ---
* Use Equity Stop: Enables daily profit and loss monitoring.
* Target Profit Day: Daily profit goal in deposit currency. The EA stops trading once reached.
* Max Loss Day: Hard daily loss limit to protect your capital from deep drawdowns.
--- Dashboard & Strategy ---
* Show Visual Panel: Toggle the graphic information dashboard on the chart.
* RSI Period / Buy / Sell: Classic RSI settings to filter overbought and oversold zones.
* Weak_Period / HiLo_Bars: Technical parameters for analyzing extremes and market volatility.
* DayDeals - enables/disables the daily filter (increases the number of orders (Caution!)).
--- Notifications ---
* Send Push / Email: Real-time alerts regarding the EA's actions sent directly to your mobile device or email.
Great EA, with great risk management and profitability.