- March 12, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Autotrade Gold EA MT4 is a complex trading algorithm that trades on Gold, one of the most liquid and popular trading instruments in the world, and is based on the basic and simple Bollinger Bands indicator.
The algorithm incorporates a behavioral factor filter, examines market depth, and decides whether or not to enter the trade depending on the analyzer’s filter data.
As a result, the Expert Advisor identifies the best times to join the market while weeding out bogus entries that are not supported by consistent market behavior patterns.
The Expert Advisor may make a lot of lucrative transactions. The algorithm does not employ risky money management techniques such as martingale, grid, or hedge.
Stop loss is used to protect all transactions. It’s a long-term Expert Advisor that’s designed for professionals and serious investors.
- XAUUSD is a working pair (GOLD)
- Account type – any account type is recommended.
- Any leverage is acceptable, even 1:20.
- H1 is the working timeframe.
- Minimum deposit: $500
The broker should have low fees, low swaps, and also a fast server. The Trader Robot works with any broker and any type of account, but we recommend our clients use one of the best brokers listed below:
Best Broker List :
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|Register||2008||Cyprus||1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|Register||2006||Dublin, Ireland||1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
|Register||2008||Port Vila||1: 1000||$10||VFSC|
Autotrade Gold EA MT4 Settings :
Simply attach to a chart with default settings and pick the desired risk level to get started (the default setting is high risk).
There is no use of a martingale, arbitrage, hedge, or other risky money management approaches.
Each position has a hard stop loss and takes profit.
Controlling the spread and slippage.
Module for intelligent risk management.
There’s a danger!
All of the tests just indicate EA’s potential performance.
Trading outcomes in real life might differ from one broker to the next.
Please check out our live signals to see how an EA performs in real life.