El Dorado Trading Bot

El Dorado Trading Bot

Gold dip buy scalp.

To be used on the XAUUSD M5 chart.

The EA uses a variety of indicators and conditions to identify a dip buy opportunity and will trade on this opportunity.

The EA includes take profit and stop loss in place as well as an array of downside protection to manage trades during volatile periods. The EA will automatically close orders if the momentum on the dip buy is not there, protecting your capital.

Only 1.5% of total account will be risked per trade to manage risk.

Please see screenshots on backtested YTD (to 01/08/2025) performance on a 10k account and statistics with a profit factor of 2.7, the EA has produced 42% return on a small 1.5% risk.

Whilst being a scalping EA, it is designed not to over trade but to take advantage of a dip buy opportunity when it presents itself. On the backtest, the EA has traded 213 times (over the same period as above) with 3 orders on per signal.

We value quality over quantity.

Installation

Specification: chart set-up

  • Symbol: XAUUSD
  • Timeframe: M5
  • EMA lines: 50/80/100
  • RSI (14)
  • Minimum deposit: £500
  • Risk is defaulted to 1.5%, you do not need to change this. Increase risk % at your own discretion but we recommend to keep this at the default level.
  • Any account and broker type is fine.
  • VPS is highly recommended.
  • Simply drag the El Dorado Trading Bot EA onto the chart and allow live trading.

This is a MetaTrader 4 (MT4) trading bot designed for gold trading that uses a momentum-based strategy. Here's a high-level overview:

  1. Strategy Overview:
  • The bot implements a momentum trading strategy for gold
  • It uses multiple technical indicators to identify potential buying opportunities
  • It has built-in risk management features and daily trading limits
  • The system only takes long (buy) positions
  1. Key Features:
  • Implements trend following mechanics using multiple timeframe analysis
  • Uses RSI (Relative Strength Index) for entry signals
  • Has protective measures to manage risk and preserve capital
  • Includes position sizing based on account balance
  • Enforces daily trading limits to prevent overtrading
  • Monitors market conditions continuously
  • Includes automatic trade management features
  1. Risk Management:
  • Uses fixed risk percentage per trade set
  • Implements multiple protective measures
  • Has built-in slippage control
  • Includes automatic position sizing
  • Places a maximum limit on daily trades
  1. Trade Management:
  • Automatically manages entry and exit points
  • Monitors ongoing trades
  • Has built-in stop loss and take profit mechanisms
  • Includes trade set management capabilities

This is a sophisticated trading bot that combines multiple technical analysis concepts while maintaining strong risk management principles.


Risk Warning: Past performance is not indicative of future results. Please be aware of the risks involved.










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Sergey Batudayev
5 (2)
GoldPro (MT4) — Consultor Especialista para XAUUSD com 2 modos selecionáveis: Clássico e Scalping. GoldPro é um sistema de negociação automatizado para   XAUUSD (Ouro)   desenvolvido para traders que buscam estrutura, controles de risco claros e um EA (Expert Advisor) capaz de operar em diferentes ritmos de mercado. Dentro de um EA (Expert Advisor), você pode escolher   como ele opera   : 1) Modo Clássico — lógica tranquila para swings e pullbacks Uma abordagem clássica focada no comportamento d
Dark Algo
Marco Solito
4.66 (67)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
Trend Catcher Exp
Ramil Minniakhmetov
O EA Trend Catcher analisa os movimentos de preços do mercado, utilizando indicadores de análise de tendências adaptativos, proprietários e personalizados pelo autor. Identifica a verdadeira direção do mercado filtrando o ruído de curto prazo e focando-se na força do momentum subjacente, na expansão da volatilidade e no comportamento da estrutura de preços. Combinando as capacidades de suavização e filtragem de tendências de indicadores personalizados, como médias móveis, RSI e filtros de volat
Exp4 AI Sniper for MT4
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2.33 (3)
AI Sniper para MetaTrader 4 — robô de trading inteligente criado para precisão AI Sniper é um robô de trading inteligente e adaptável, desenvolvido especificamente para MetaTrader 4 . Ele não foi criado para ser apenas mais um bot de Forex, mas sim uma solução profissional para traders que buscam mais precisão, mais estrutura e mais qualidade na automação. AI Sniper para MT4 combina lógica algorítmica avançada, leitura de mercado em tempo real e uma execução cuidadosamente estruturada para ident
Quantum Pips AI MT4
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5 (5)
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EA Games Changer
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5 (3)
Revolucionário no setor de IA – Média de múltiplos pares + Sistema de hedge (Direcional inteligente estendido) PROMOÇÃO DE LANÇAMENTO — Procuramos avaliadores 5 estrelas! Preço vitalício por 6 meses. Vagas limitadas. Corra! Acesso vitalício por apenas +1 centavo em relação ao preço da assinatura de 6 meses — Garanta a propriedade permanente a uma taxa introdutória imbatível antes que ela retorne ao seu valor vitalício integral! Versão: Interface Interativa Aperfeiçoada - MT4 (Atualizada) Desen
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
ULTIMATE SALE! Get WallStreet Recovery PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent trade management system,
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Evaans101
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Evaans101 2025.08.04 19:40 
 

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