- December 17, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex Gold News Robot
Forex Gold News Robot is a mean-reversion grid + News trading method that places high-profitable trades on the Gold market using machine learning technologies. It gains a competitive edge over the market by taking advantage of actual market inefficiencies. The EA features five predetermined set files, or more precisely, five distinct gold trading strategies. If you like, you can select the default option (XAU Risky).
Supported currency pairs: XAUUSD (aka GOLD)
Timeframe: M1
Features
Enables you to retrain a neural network using data from your broker.
Advanced News and Crash Filter for the Stock Market.
Multiple filters and options for flexible customization.
dependable live performance and backtesting.
Neural network forecast indication and statistic panel with self-diagnosis.
a great deal less expensive than comparable high-quality options.
Simple to use: simply follow the 2 lines of instructions below.
Tick Data Suite GMT+2 with US DST should be used for backtests. Most brokers utilize this GMT offset.
Best Brokers List
The Forex Gold News Robot works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Forex Gold News Robot Settings
How to set up
ONE XAUUSD M1 chart MUST BE ATTACHED TO THE EA.
In order for the news filter and time detection capability to function properly, you must provide the EA access to the news list website and time server. Here is the link to the instructions for doing that (from 1:00 to 2:05).
https://ec.forexprostools.com
https://www.worldtimeserver.com
http://timesrv.onlinehttp://valeryservice.com
Requirements
Spread and slippage have no effect on the EA. But I suggest selecting a reliable ECN broker.
The EA should be continually running on a VPS.
With just 1:30 leverage, I suggest against using higher than low-risk settings on an account with less than $6000 since free margin issues may arise. With the leverage of 1:100 and a substantial risk setting on a $1000 account, it should be alright.
Risk and MM settings
Allow Opening a New Grid - toggles the availability of opening new grids. The open grids that already exist are unaffected.
Lot-sizing Choose the lot sizing technique in accordance with the level of risk you are willing to accept: The "Fixed lot" option will use a fixed lot size, "Dynamic lot" will use a variable lot size, "Deposit load" will compute lots depending on the percentage of the deposit load, and four predetermined presets will calculate risk automatically for you.
For the initial deal, a set trading lot is used.
Deposit Load% is the percentage of the deposit that will be entirely utilized to open the first transaction under the terms of the Dynamic Lot (Balance/Equity based) specification.
Strategy
Percentage Pips Mode: toggles between on and off. 1 per pip equals 0.0001 * the current price
Price Donchian channels' channel period is used to determine the upper and lower levels.
Price Working TF for the Donchian channels: Channel Time Frame
Daily EMA Period: The time frame used to calculate the medium-term trend using the daily EMA.
You can prevent dangerous transactions with the help of the volatility filter during times of high volatility.
Learning Machines
Activate the Neural Network Screen, which uses machine learning to filter deals.
Utilize Built-in Perceptron Configuration: The EA will use built-in Perceptron config if this option is set to true. If false, all MT4/5 terminals' common directory's Perceptron Config.txt custom configuration file will be loaded by the EA.
Min Probability of Profit% is the minimum projected likelihood that a deal will be profitable.
Forex Gold News Robot Results
Forex Gold News Robot Free Download
We highly recommend trying the Forex Gold News Robot with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Get Forex Gold News Robot
Password : forexwikitrading.com
Forex Gold News Robot MT4 - Free Amazing Golden EA
Forex Gold News Robot is a grid + News trading method that places high-profitable trades on the Gold market using machine learning technologies.
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