Celebrimbor

Celebrimbor is an expert advisor who uses a combination of trading strategies. Is built for trading on XAUUSD. The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years. Best used with Major Pairs XAUUSD, XAUEUR and is best used with reputable Low Spread ECN Brokers. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used.


Usage Tips

  • Load the EA and trade using the chart buttons
  • Don't trade any other EA in the same symbol
  • Take only one initial trade per symbol -never two or more-
  • If the buy/sell buttons are not displayed, it means the EA is busy
  • The EA can trade many symbols independently at the same time
  • But be careful: never, ever, load the EA twice on the same symbol
  • There is no need to set a different Magic Number to trade different symbols
  • Trade from a VPS or leave your trading computer turned on 24/5
  • Try to never unload the EA to assure the atomicity of the process
  • Big spread hikes affect the EA negatively. If possible, trade from a fixed spread account
  • In fixed spread accounts, using a small zone proves beneficial for performance
  • However, a safe zone for variable spread accounts is +100 pips

RECOMMENDATION
Symbol 
 XAUUSD, XAUEUR (GOLD) 
Timeframe    M5  or any Time frame
Account   ECN 
Spread   5 
Minimum deposit   100

Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick


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Experts
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