Gold the Creator
- Experts
- Version: 1.0
- Activations: 20
EA Gold the Creator is a fully automated Expert Advisor developed specifically for Gold (XAUUSD). It uses algorithmic trading logic and position management designed to respond to short-term movements and changing volatility conditions in the gold market.
The EA uses a flexible scalping approach with several layers of trade filtering and position management.
A key part of the EA is its optimized trailing mechanism, which is designed to secure profits as a position moves in the expected direction and protect accumulated gains during sudden reversals.
The EA is optimized with default settings for 2-digit Gold and is designed for simple setup. For initial testing, use the default settings with a minimum balance of $300.
Settings:
| Max Spread | = 30 to 50 (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 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 1500 (points) |
| Max Stop Loss | = 5000 (points) |
| Trailing | = 10 (points) |
| Start Trailing | = 50 (points) |
| Max Trades | = 6 |
| Time Start | = 01:10 |
| Time End | = 22:30 |
| Close at Time End | = False |
| 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, spread < 35 points. Min Balance: $ 300
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 4500.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 10000 (instead of the default value = 1000). Because Point calculation is different with 2 decimal places.
