"To all users of Gold Pharaoh MT5, here are the recommended configurations to ensure the best performance on Gold (XAUUSD):
1. Risk vs. Reward Balance: Gold is known for its high volatility (Market Noise). If you are using a 0.04 Lot, a $10 Stop Loss is considered very tight (approx. 25 pips). We recommend increasing the SL_Cash to $20 - $25 when using higher lots to prevent the trade from closing prematurely due to normal price fluctuations.
2. Optimal Settings (Standard Account):
Lot Size: 0.02 to 0.04 (Depending on your equity).
Take Profit (TP_Cash): Should be 1.5x to 2x your Stop Loss (e.g., if SL is $15, set TP to $30).
Trailing Start: Recommended to start at $7 - $10 to secure profits early while letting the trade breathe.
3. Strategy Insights: This EA is designed for Daily Breakouts. It performs best during high liquidity sessions (London & New York). Avoid changing settings during major high-impact news unless you are an experienced trader.
Feel free to share your results or ask any technical questions here!"
"Want the best Optimization files for different account sizes? Leave a comment with your experience so far, and I will share more detailed set files for $100, $500, and $1000 accounts. Don't forget to rate the EA with 5 stars if you like the performance! ⭐⭐⭐⭐⭐"
"Want the best Optimization files for different account sizes? Leave a comment with your experience so far, and I will share more detailed set files for $100, $500, and $1000 accounts. Don't forget to rate the EA with 5 stars if you like the performance! ⭐⭐⭐⭐⭐"
"To all users of Gold Pharaoh MT5, here are the recommended configurations to ensure the best performance on Gold (XAUUSD):
1. Risk vs. Reward Balance: Gold is known for its high volatility (Market Noise). If you are using a 0.04 Lot, a $10 Stop Loss is considered very tight (approx. 25 pips). We recommend increasing the SL_Cash to $20 - $25 when using higher lots to prevent the trade from closing prematurely due to normal price fluctuations.
2. Optimal Settings (Standard Account):
Lot Size: 0.02 to 0.04 (Depending on your equity).
Take Profit (TP_Cash): Should be 1.5x to 2x your Stop Loss (e.g., if SL is $15, set TP to $30).
Trailing Start: Recommended to start at $7 - $10 to secure profits early while letting the trade breathe.
3. Strategy Insights: This EA is designed for Daily Breakouts. It performs best during high liquidity sessions (London & New York). Avoid changing settings during major high-impact news unless you are an experienced trader.
Feel free to share your results or ask any technical questions here!"
pleas any one want to try on demo put this set file
"I risultati sono strabilianti. L'ho provato sia in backtest che su un conto demo e mi ha dato ottimi risultati. Avrei bisogno del setfile per un capitale di 500 dollari."
I think this is a really good EA. I’ve noticed over the past few days that it’s performing well on the demo account—it follows the latest SNR levels and stays within that range. When a position is open, it runs quite a distance and frequently hits the TP.
The downside of this EA might be the lack of a trailing stop to protect ongoing profits; it would be great if that feature were included. To the author, thank you for all your hard work so far. God bless you.
I think this is a really good EA. I’ve noticed over the past few days that it’s performing well on the demo account—it follows the latest SNR levels and stays within that range. When a position is open, it runs quite a distance and frequently hits the TP.
The downside of this EA might be the lack of a trailing stop to protect ongoing profits; it would be great if that feature were included. To the author, thank you for all your hard work so far. God bless you.
"Thank you for your feedback! Actually, the Trailing Stop logic is designed this way to give Gold enough 'breathing room' to catch big moves without getting stopped out by minor fluctuations.
However, the best part is that this is fully customizable via Inputs. If you prefer a tighter lock on profits, you can simply adjust the TS_Start_Cash and TS_Step_Cash to your liking. For a guaranteed 'Break-even' on the first move, just set the Start_Cash slightly higher than the Step_Cash.
I appreciate your support, and stay tuned for more optimized Set files!"
Recommended Setup & Trading Tips
"To all users of Gold Pharaoh MT5, here are the recommended configurations to ensure the best performance on Gold (XAUUSD):
1. Risk vs. Reward Balance: Gold is known for its high volatility (Market Noise). If you are using a 0.04 Lot, a $10 Stop Loss is considered very tight (approx. 25 pips). We recommend increasing the SL_Cash to $20 - $25 when using higher lots to prevent the trade from closing prematurely due to normal price fluctuations.
2. Optimal Settings (Standard Account):
Lot Size: 0.02 to 0.04 (Depending on your equity).
Take Profit (TP_Cash): Should be 1.5x to 2x your Stop Loss (e.g., if SL is $15, set TP to $30).
Trailing Start: Recommended to start at $7 - $10 to secure profits early while letting the trade breathe.
3. Strategy Insights: This EA is designed for Daily Breakouts. It performs best during high liquidity sessions (London & New York). Avoid changing settings during major high-impact news unless you are an experienced trader.
Feel free to share your results or ask any technical questions here!"
its very good EX can u send me setfile ?
Recommended Setup & Trading Tips
"To all users of Gold Pharaoh MT5, here are the recommended configurations to ensure the best performance on Gold (XAUUSD):
1. Risk vs. Reward Balance: Gold is known for its high volatility (Market Noise). If you are using a 0.04 Lot, a $10 Stop Loss is considered very tight (approx. 25 pips). We recommend increasing the SL_Cash to $20 - $25 when using higher lots to prevent the trade from closing prematurely due to normal price fluctuations.
2. Optimal Settings (Standard Account):
Lot Size: 0.02 to 0.04 (Depending on your equity).
Take Profit (TP_Cash): Should be 1.5x to 2x your Stop Loss (e.g., if SL is $15, set TP to $30).
Trailing Start: Recommended to start at $7 - $10 to secure profits early while letting the trade breathe.
3. Strategy Insights: This EA is designed for Daily Breakouts. It performs best during high liquidity sessions (London & New York). Avoid changing settings during major high-impact news unless you are an experienced trader.
Feel free to share your results or ask any technical questions here!"
th best set file ever
"Thank you for your feedback! Actually, the Trailing Stop logic is designed this way to give Gold enough 'breathing room' to catch big moves without getting stopped out by minor fluctuations.
However, the best part is that this is fully customizable via Inputs. If you prefer a tighter lock on profits, you can simply adjust the TS_Start_Cash and TS_Step_Cash to your liking. For a guaranteed 'Break-even' on the first move, just set the Start_Cash slightly higher than the Step_Cash.
I appreciate your support, and stay tuned for more optimized Set files!"