Blazing Gold MT5

Blazing Gold is a fully automated expert advisor (EA) that uses multiple trading systems primarily based on Moving Averages, Momentum, and other indicators for confirmation. This trading robot does not use martingale and uses stop-loss and take-profit orders. This EA is not sensitive to brokers or latency, and it is not a tick scalper, although it can be configured as such by tightening the Trailing. This Forex EA works on all timeframes and all currency pairs, but is specifically designed for the XAUUSD (Gold) H1 timeframe.

Main Features: 

• No Grid.
• No Averaging. 
• No Martingale.

Setting Parameters:

• Expert Name - EA name and trades comment. 
• Magic Number - EA magic number and trades ID. 
• Trade Direction - Buy, Sell, or Both.
• Commission - Commission per lot for both side.
• Max Spread - If spread goes higher than this value, EA won't trade.
• Max Trades - Maximum active open positions.
• Entry Lots - Base fixed lot size.  
• Auto Lot Setting - Parameter to automatically increase lot size every balance step. 
• Stop Loss - Fixed Stop loss for each order.
• Take Profit - Fixed Take Profit for each order.
• Average Basket TP ($) - Average basket take profit of buy or sell orders.  '
• Average Basket SL ($) - Average basket stop loss to close all orders.
• Max Drawdown (%) - Maximum equity drawdown.
• Trailing Start - Points to trigger trailing SL.
• Trailing Step - Trailing Step.
• Break Even - Profit lock including swaps, commissions and spread. 
• Time Filter.

Recommendations:  

• XAUUSD (Gold vs US Dollar) H1. 
• Zero spread ECN or raw spread account. 
• Account that support hedging.
• Use set file in the product comment.

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