EA Golden Bull is a fully automated trading robot programmed specifically for the Gold (XAUUSD) market. Expert uses smart strategies in finding trading signals and managing positions. It analyzes price moving targets along with increasing momentum to confirm which trading signals have a high probability of winning.
EA has been optimized with simple settings and easy to use. If you do not have experience using EA, you should use the Default Setting with initial capital from $ 1000 (better $ 2000).
|Max Spread||= 25 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||= 5 to 10 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...)|
|Max Orders||= 20|
|Start Hour||= 1|
|End Hour||= 22|
* 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.
Pairs: Gold (XAUUSD). Time frame: M5. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, avg. spread should be less than 30 points. Min Balance: $ 1000
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.