FxGold trend catcher

  • FxGold trend catcher is a simple but effective trading system based on trend following strategy.
  • EA is a long term stable growth  trading system with realistic result.
  • EA designed for XAUUSD (GOLD) which is a volatile and highly liquid commodity

Features:

  • Account protection by acceptable consecutive loss.
  • Auto MM
  • Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing.
  • All opened position has stop loss ,target profit ,trailing stop which calculated by market volatility indicator (ATR).

Requirements:

  • ECN low spread and slippage broker.(The broker that I am using has an average spread of 1.08 pips)
  • 24/5 Laptops or computers that can run continuously or VPS.
  • minimum deposit: $300-$500.
  • Leverage: 10-500.

Setup:

  • attached EA to  1H XAUUSD(GOLD)chart only. It is not recommended to use a lower time frame.
  • First order EA will open 0.01 lot.

Setting:

  • MagicNumber;
  • Slippage;
  • RiskPerTrade - adjust %risk per trade as you like.1-2.5 % is  recommended 
  • UseLossRecovery
  • RecoverySize -  this variable will work if greater than 1.If not prefer set to 1. It is recommended to use 1.05 to 1.2
  • MaximumSpread - avoiding disadvantage trading during times when the spread is too high.
  • StopEaAfterConsecutiveLoss - EA will stop working when the value of the variable equals the specified number.

    This section you can setting up as you like. But remember that TP should be greater than at least 3 times SL.
  • LongTakeProfitATR
  • LongStopLossATR
  • LongTrailingStopATR
  • ShortTakeProfitATR
  • ShortStopLossATR;
  • ShortTrailingStopATR

    This section should be setting up to suit the broker environment.
  • SettingOperationHour
  • StartHour=1;
  • LastHour=23;
  • SettingOperationDay
  • Sunday=false;
  • Monday=true;
  • Tuesday=true;
  • Wednesday=true;
  • Thursday=true;
  • Friday=true;
  • Saturday=false;

However, all Default settings can still work on ECN low spread and slippage broker.

Important note:

  • Each broker has a different environment. Therefore, do not forget to backtesting and adjusting the values to the broker first.
  • Keep in mind FxGold trend catcher is not a winning system all the times. Therefore, during the operation of EA, there will be frequent continuous losses. But with the advantage of risk-reward, the portfolio will gradually become profitable. That's the core of the system. So please be patient and please don't over trade by increasing your risk per trade too much.
  • If there is a history of previous  non-trade transactions, EA will open 0.01 lots.
    Live Signal:https://www.mql5.com/en/signals/1399737

    Please note that my live signal is using multi system but this ea is one of my main system.Therefore, the signal obtained will not be the same 100 %.

    If you have any questions feel free to send me a message @mojoblackone@gmail.com


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    BTCUSD GRID EA è un programma automatizzato progettato per utilizzare la strategia di grid trading BTCUSD GRID EA è molto utile sia per i principianti che per i trader esperti.   Sebbene esistano altri tipi di bot di trading che puoi utilizzare, la natura logica della strategia di grid trading rende facile per i bot di trading di criptovalute eseguire scambi automatizzati senza problemi.   BTCUSD GRID EA è la migliore piattaforma in assoluto da utilizzare se stai cercando di provare un bot di t
    Algo Capital Trader
    Jimitkumar Narhari Patel
    Algo Capital Advanced Market Intelligence Trader: Empowering Traders with Integrity and Insight Algo Capital proudly introduces its inaugural state-of-the-art Advanced Market Intelligence Trader - engineered to transform your trading experience through precision, adaptability, and advanced market intelligence. Powered by proprietary algorithms and deep market research, this solution is designed to deliver consistent, high-quality performance across diverse market conditions. Why Algo Capital?
    Gold Medalist
    Dmitriq Evgenoeviz Ko
    Gold Medalist is an intelligent system focused on volatile trading on the XAUUSD market. It aims to identify and effectively exploit short-term price impulses, providing traders with new profit opportunities. The full list is available for your convenience at https://www.mql5.com/ru/users/pants-dmi/seller The Gold Medalist's key advantage lies in its unique price action analysis system. By accurately measuring price movement, it can identify true market momentum signals while avoiding false si
    FXbot mt4
    Marek Kvarda
    5 (1)
    This robot uses its own built-in oscillator and other tools to measure market movements (volatility, speed, power, and direction). At an appropriate time, it places an invisible pending order on the market, which it continues to work with according to the set TradingMode. It is recommended to use a fast broker with low fees, accurate quotes and no limitation of stop loss size. You can use any timeframe. Features spread protection slippage protection no grid no martingale a small SL for every tr
    Omega Code
    Nguyen Hang Hai Ha
    Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
    IL       Opening Range Breakout Master   è un sistema di trading algoritmico professionale progettato per capitalizzare sui concetti di trading istituzionale come       ICT (Inner Circle Trader), Smart Money Concepts (SMC) e strategie basate sulla liquidità   . Questo consulente esperto automatizza il rilevamento e l'esecuzione di       breakout di apertura dell'intervallo (ORB)       durante le principali sessioni globali del Forex, tra cui       Londra, New York, Tokyo e Midnight Killzones   ,
    EvoTrade EA MT4
    Dolores Martin Munoz
    5 (1)
    EvoTrade: Il primo sistema di trading auto-apprendente sul mercato Permettetemi di presentarvi EvoTrade, un consulente esperto unico nel suo genere, sviluppato con tecnologie all'avanguardia di visione artificiale e analisi dei dati. Si tratta del primo sistema di trading auto-apprendente sul mercato, operativo in tempo reale. EvoTrade analizza le condizioni di mercato, adatta le strategie e si adegua dinamicamente ai cambiamenti, garantendo una precisione eccezionale in qualsiasi ambiente. EvoT
    Multi Gold Ai Robot
    Nirundorn Promphao
    5 (1)
    Multi Gold Ai Robot is a safe system for Forex and Crypto currencies trading. Developed exclusively for the XAUUSD pair(GOLD) and any currency pairs. Try now! Most Profitable Strategies Inside Close Order with Money Profit, CutOff technology, Cutloss by amount of trades. Super Special Edition for traders and Introducing Broker and Partners WOW!!! Special Price : $650 for 99 copies only, Normal Price $2,999 !!! Special Promotion every week. The Ai Robot is designed to operate in the XAUUSD (GOL
    I Gold Mine I
    Dmitriq Evgenoeviz Ko
    Gold Mine EA (XAUUSD H1) is a gold trading expert advisor that uses a momentum scalping algorithm on the hourly timeframe. The system is designed to filter out market noise and identify confirmed price movements. Trading logic The algorithm analyzes gold volatility and opens positions based on a synthesis of two factors: Impulse analysis: identifying sharp bursts of activity that mark the entry of major market participants. Price Action: Entry confirmation using a built-in chart pattern library
    Altri dall’autore
    FxGold Marathon BreakOut is a simple but effective trading system based on breaking out price parttern. EA is a long term stable growth  trading system with realistic result . EA designed for XAUUSD (GOLD) which  is a volatile and highly liquid commodity Features: Account protection by acceptable consecutive loss. Auto MM Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing. All opened positi
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