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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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    "Aurus Gold" is a program that can automatically analyze and trade on the foreign exchange market (Forex) without human intervention. This innovative tool for decisions about buying or selling currency pairs. The main task of Aurus Gold is to maximize profits and minimize risks for investors. It is able to work around the clock, based on predetermined parameters and trading rules. The main benefits of using a currency robot include: 1. Trade automation: The ability to carry out transact
    Don Hits
    Nestor Alejandro Chiariello
    5 (1)
    Experts
    Ti porto Don Hits un esperto di trading aggressivo, è un sistema Multidirezionale, copre tutti gli orari e tutte le valute, con controllo Drawdown questo sistema utilizza una mia logica Martingale con un seguito di quello che avviene in un tempo minore ed in un tempo maggiore, verrà inoltre deciso se è necessario intervenire nel Drawdown, so che a molti il martin non piace o sistema edge perché sono abituati a bruciare account, ma credetemi che i miei sistemi sono diversi, è una logica implemen
    Candle EA MT4
    Mansour Babasafary
    4.58 (38)
    Experts
    This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
    Imperium Pattern EA
    Botond Ratonyi
    5 (2)
    Experts
    Imperium Pattern EA Next update coming: 2024.05.12   USE IT ONLY WITH THE SET FILES I POSTED TO THE COMMENT SECTION.  This is the biggest update in the life of the Imperium Pattern EA, it got new features and engine. ---It got the official TheNomadTrader Dynamic engine system alongisde with good risk:reward ratio ---New feature that allows traders to tell the EA after how much time(X value in minutes) the EA can close trades by dynamic exit. This feature boosts the EA perfoemance and it
    Big Forex Players MT4
    Marzena Maria Szmit
    4.64 (22)
    Experts
    We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
    Gold Excel
    Gregory Hay
    4.5 (4)
    Experts
    benvenuto a       GoldExcel EA   , trader giornaliero per la coppia di valute XAUUSD (oro). Sviluppato dal nostro team, può essere utilizzato per account regolari, account di oggetti di scena sponsorizzati e concorsi di oggetti di scena. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. Trading PERFORMANCE Accounts (over 6+ months verified live trading) on 2 brokers Live $1
    Odin AI
    Nestor Alejandro Chiariello
    5 (2)
    Experts
    Ciao trader, ho progettato ODIN AI con risultati reali rigorosamente, impeccabile per la sua saggezza e intelligenza, strumento basato su molte delle mie strategie precedenti, adattandolo al mercato Forex, quindi è adattato all'intelligenza artificiale del machine learning, cioè , l'IA leggerà i parametri e poi li consulterà per la mia strategia, poi imparerà in modo che le voci siano di migliore qualità, ha anche un nodo dove puoi recuperare posizioni, un'altra delle cose innovative che trover
    Darwin Evolution MT4
    Guillaume Duportal
    4.83 (12)
    Experts
    Darwin Evolution. !! 1490 USD a 990 USD tempo limitato (Offerta valida all'arrivo del prossimo aggiornamento, non perdere tempo ) !!! Non è possibile effettuare il backtest di questo EA, perché MT4 non gestisce le multi-coppie simultanee. Darwin ha bisogno delle 28 coppie per il calcolo degli indicatori !! Descrizioni: - Comprendere l'operazione, vieni a leggere il blog (questo EA riflette la mia filosofia del forex trading ... Se ti piace il mio modo di vedere le cose, allora ti pi
    Waka Waka EA
    Valeriia Mishchenko
    4.41 (49)
    Experts
    EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
    SFE Impulse MT4
    Joel Juanpere
    Experts
    2 Units left at 600 USD. Next price 900 USD This expert advisors search for perfect impulse setups. The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the parameters re
    Altri dall’autore
    FxGold marathon breakout
    Mr Anuchat Udomsin
    Experts
    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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    Versione 1.1 2022.03.22
    -Fixed trailling stop in case using multiple EA.