- April 4, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
The AutoTrader Gold EA is an Expert Advisor (EA) that is specifically designed for trading gold. It operates by using the Gold Stuff indicator to open orders, which is a technical analysis tool that identifies trends in the gold market using moving averages. The AutoTrader Gold EA follows the "Trend Follow" strategy, which means that it tracks the trend and opens orders in the direction of the trend. This strategy is commonly used in trading to capture profits from the momentum of the market. Overall, the AutoTrader Gold EA is a useful tool for traders who want to automate their gold trading strategy.
Indicator description: a trend indicator that can be used for gold and any financial instrument. It does not redraw and doesn't lag. Recommended time frame is H1.
Recommendations :
- Strategie: Trend, Scalper
- pairs: Optimized for Gold but you can try any pairs
- TF: H1 and try other TF
- Hours: 24H
- DD : upto 30%
- Min Balance: from $1000 for Lot 0.01 per pair
- Return : 50 – 100%
Best Broker List :
The broker should have low fees, low swaps, and also a fast server. The AutoTrader Gold EA works with any broker and any type of account, but we recommend our clients use one of the best brokers listed below:
AutoTrader Gold EA Settings :
- Open new series - on / off beginning of a new series of orders.
- Start lots - start lot.
- Trade Buy - allow the adviser to buy.
- Trade Sell - allow the adviser to sell.
- Use hedge - allow the adviser to trade both direction buy and sell. If off only one trade direction.
- Use Money Management - on / off use of automatic lot calculation.
- Autolot. Free margin for each 0.01 lot - the amount of free margin for opening every 0.01 lots.
- Lot miltiplier - lot multiplier for the following orders.
- TP - take profit, in pips.
- SL - stop loss, in pips from the first order.
- Trail Start - activation of a trailing stop.
- Trail Step - distance from the price when activating a trailing stop.
- DD Reduction Algoritm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
- Number order for DD Reduction Algoritm - from which order the drawdown reduction algorithm is activated.
- Percent profit for DD Reduction Algoritm - percentage of profit when closing orders in the drawdown reduction mode.
- Magic - is a special number that the EA assigns to its orders.
- Fix distance - fixed distance between orders
- Order dinamic distance - from which order will the dynamic distance be applied in order.
- Dinamic distance start - the starting value for the dynamic distance.
- Distance multiplier - the dynamic distance multiplier.
- Start, End hour - time for opening the first order.
- Maximum Lot - maximum lot.
- Maximum spread - the maximum spread for the adviser.
AutoTrader Gold EA Robot :
You can download AutoTrader Sniper Gold EA and back-test it. I personally used 99.9% real tick data for back-testing. The majority of the inner parameters are hidden from the user so that even a beginner will not make mistakes.
Download AutoTrader Gold EA :
We highly recommend trying the Auto Scalper EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.