FxGold trend catcher

  • Experts
  • Mr Anuchat Udomsin
    Mr Anuchat Udomsin
    I'm a freelance programmer.
    With more than 7 years of experience and 4 years of developing expert advisors,
    I have learned how to build an expert advisor with long-term and stable profitability.
  • Versão: 1.1
  • Atualizado: 22 março 2022
  • Ativações: 10
  • FxGold trend catcher is a simple but effective trading system based on trend following strategy.
  • EA is a long term stable growth  trading system with realistic result.
  • EA designed for XAUUSD (GOLD) which is a volatile and highly liquid commodity

Features:

  • Account protection by acceptable consecutive loss.
  • Auto MM
  • Don't need fast VPS just laptop or pc and stable internet connection, you can shut down at the weekend then start it up before market opening like i'm doing.
  • All opened position has stop loss ,target profit ,trailing stop which calculated by market volatility indicator (ATR).

Requirements:

  • ECN low spread and slippage broker.(The broker that I am using has an average spread of 1.08 pips)
  • 24/5 Laptops or computers that can run continuously or VPS.
  • minimum deposit: $300-$500.
  • Leverage: 10-500.

Setup:

  • attached EA to  1H XAUUSD(GOLD)chart only. It is not recommended to use a lower time frame.
  • First order EA will open 0.01 lot.

Setting:

  • MagicNumber;
  • Slippage;
  • RiskPerTrade - adjust %risk per trade as you like.1-2.5 % is  recommended 
  • UseLossRecovery
  • RecoverySize -  this variable will work if greater than 1.If not prefer set to 1. It is recommended to use 1.05 to 1.2
  • MaximumSpread - avoiding disadvantage trading during times when the spread is too high.
  • StopEaAfterConsecutiveLoss - EA will stop working when the value of the variable equals the specified number.

    This section you can setting up as you like. But remember that TP should be greater than at least 3 times SL.
  • LongTakeProfitATR
  • LongStopLossATR
  • LongTrailingStopATR
  • ShortTakeProfitATR
  • ShortStopLossATR;
  • ShortTrailingStopATR

    This section should be setting up to suit the broker environment.
  • SettingOperationHour
  • StartHour=1;
  • LastHour=23;
  • SettingOperationDay
  • Sunday=false;
  • Monday=true;
  • Tuesday=true;
  • Wednesday=true;
  • Thursday=true;
  • Friday=true;
  • Saturday=false;

However, all Default settings can still work on ECN low spread and slippage broker.

Important note:

  • Each broker has a different environment. Therefore, do not forget to backtesting and adjusting the values to the broker first.
  • Keep in mind FxGold trend catcher is not a winning system all the times. Therefore, during the operation of EA, there will be frequent continuous losses. But with the advantage of risk-reward, the portfolio will gradually become profitable. That's the core of the system. So please be patient and please don't over trade by increasing your risk per trade too much.
  • If there is a history of previous  non-trade transactions, EA will open 0.01 lots.
    Live Signal:https://www.mql5.com/en/signals/1399737

    Please note that my live signal is using multi system but this ea is one of my main system.Therefore, the signal obtained will not be the same 100 %.

    If you have any questions feel free to send me a message @mojoblackone@gmail.com


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    Forex Engine EA is a professional MetaTrader 4 trading robot built around a structured reversal and mean-reversion methodology. It analyzes swing highs and lows, support and resistance zones, market overextension, and overbought or oversold conditions to identify areas where a price correction or reversal may occur. When price approaches a key resistance zone, the EA evaluates the possibility of selling pressure before considering a sell entry. When price reaches a strong support area, it looks
    Hello all Recommended Broker For the best trading conditions, low spreads, and fast execution, a   Zero Spread   account is recommended. Open an Exness Zero Account: https://one.exnesstrack.org/a/lmeqq9b7 Ninja Forex EA  How to configure settings on gold https://t.me/Arman_MT4/2685 The expert works on technical levels with some indicators for entering deals It works in reverse If the general shape is bullish, selling is entered with the suspension of a pending deal If the trend is down, buy is
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    Valerii Stetsenko
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    Aurelian-eusebio Enescu
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    Andriy Sydoruk
    3 (2)
    Consultor (Fortune): Sua Ferramenta Confiável para Trading de Alta Frequência no Forex O consultor Fortune é projetado para ser utilizado em qualquer período de tempo, qualquer par de moedas e no servidor de qualquer corretor. Seu sistema de trading único o torna uma ferramenta versátil para os traders. Para um desempenho ideal, recomenda-se operar com pares de moedas líquidos, manter um spread baixo e usar um VPS. Você pode começar com um depósito de $100 e um tamanho de lote de 0,01. Caracter
    [ EA] ENTERPRISE LT is a MetaTrader (MT4) Expert Advisor designed for use with most currency pairs and Gold. It implements complete, fully functional trading strategy. It is NOT based on any indicators or Price Action. It is very easy to set up and supervise. The strategy is timeframe-independent. [EA] ENTERPRISE LT has a set of unique features: It can be individually adjusted, according to your strategy. It has complete money management and risk management. Advanced functions to respond to diff
    Stufic
    Tomas Hruby
    5 (1)
    Stufic is a result of the long way of development. It was created for use in the management of capital of trading groups. The main idea is to preserve capital through unexpected fluctuations of the markets. It is one of the system that can perform on 90% of currency pairs. It's a participant on World Cup Trading Championship 2016 with real 10K USD. Stufic was also between top five traders in real money contest organized by Fidelis Capital (November 2015, Gain +48%). Why should you have to choos
    This EA requires a broker having Market Execution (ECN, NDD, STP accounts), low spread, zero StopLevel (or close to such level), no commission if possible (as it influences on the profit amount). Order executin time should be measured in milliseconds, not minutes, requotes and slippage should not happen too often. Deposit: Minimum deposit is $50 (MinLot = 0.01) or $500 (MinLot = 0.1) Recommended currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD No Martingale / No grid / No a
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