Gold Velocity Pro MT4
- Experts
- Yeoh Kia Gee
- Versione: 1.1
- Attivazioni: 5
The GOLD Velocity Pro MT4 is a high-performance breakout scalping Expert Advisor specifically engineered for the Gold (XAUUSD) market.
It focuses on capturing rapid price movements by combining traditional price action breakout logic with modern momentum filters.
Core Strategy and Mechanics
- Price Action Breakouts: The EA utilizes Donchian Channels to identify recent trading ranges and executes trades when the price breaks above the high or below the low of a specified lookback period.
- Momentum Filtering: To avoid "false breakouts," the strategy incorporates an RSI momentum filter, requiring the RSI to be above 55 for buys or below 45 for sells before a trade is authorized.
- Dynamic Execution: The system is built for rapid tick-based execution, monitoring price action in real-time to enter trades at the precise moment a breakout occurs.
Setting Recommendation:
- Fund: 1000
- Lot size: 0.03
- Chart: M30 (XAUUSD)
- Lookback for High/Low breakout : 85
- Momentum filter period: 25
- TP in Points: 2000
- SL in Points: 600
