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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BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (4)
Revolucionário no setor de IA – Média de múltiplos pares + Sistema de hedge (Direcional inteligente estendido) Versão: Interface Interativa Aperfeiçoada - MT4 (Atualizada) Desenvolvedor: CyberBot Project P R E P A R A T II O N Adote a filosofia "Game Changer": se operar no mercado financeiro é como jogar, abrace a ideia de forma inteligente. Ao ativar até 20 pares simultaneamente, padrões de preços complementares criam um ponto de equilíbrio estável, muito superior à dependê
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
BUY 1 and GET 1 FREE - Promotion! Buy WallStreet Recovery PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! 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 ti
Scalp On Scalp Off MT4
Connor Michael Woodson
FastBull Market Sentiment é um feed de dados que agrega milhares de posições, totalizando mais de 500 milhões de USD em valor de contas. Scalp On Scalp Off consegue obter esses dados instantaneamente por meio de integração direta com API e utilizá-los ao executar operações. O sentimento de mercado é exibido diretamente no seu gráfico em um painel personalizável e fácil de usar. Sinal ao vivo: CLIQUE AQUI Operações únicas gerenciadas sem o uso de grid ou martingale. Trailing stop e take profit a
GOLD Edge PRO
Hideki Nakajima
4.86 (7)
Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all t
EA Spectr
Fanur Galamov
4.9 (20)
EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered by stop loss and take profit levels. The EA does not use grid, mart
Mirror EA mt4
Vasiliy Strukov
O Mirror EA é um sistema de negociação automatizado desenvolvido para executar operações com base no indicador SmaSRS196, que é uma combinação da Média Móvel Simples (SMA) e do Índice de Força Relativa (RSI), utilizando uma estrutura de otimização de 96 períodos. O EA analisa continuamente as condições de mercado para identificar oportunidades de negociação de alta probabilidade, confirmando a direção da tendência com a SMA, enquanto utiliza o RSI para detetar a força do momentum e possíveis co
Versão MT4: https://www.mql5.com/en/market/product/90950 Versão MT5: https://www.mql5.com/en/market/product/93706 Rebate Hunter – EA de Hedge Multipares (Adaptativo Dinâmico) O Rebate Hunter é um Expert Advisor (EA) de cobertura multipares, concebido para gerar um volume de negociação consistente, visando lucros controlados em cestos de negociação. O EA abre posições de Compra e Venda simultaneamente (entrada com cobertura) e, em seguida, gere as posições utilizando uma distância de grelha ad
EA Gold Stuff
Vasiliy Strukov
4.7 (1090)
EA Gold Stuff é um EA projetado especificamente para o comércio de ouro. O trabalho é baseado na abertura de ordens no indicador Gold Stuff, portanto, o consultor trabalha na estratégia "Trend Follow", o que significa seguir a tendência. Importante! Entre em contato comigo imediatamente após a compra para obter instruções e bônus! Você pode obter uma cópia gratuita do nosso indicador Strong Support e Trend Scanner, envie uma mensagem privada. a mim! Os resultados em tempo real podem ser vist
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Evaans101
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Evaans101 2025.08.04 19:40 
 

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