One Gold EA MT4 – Free Download

One Gold EA Review

In the dynamic world of forex trading, staying ahead of the curve often requires harnessing the capabilities of cutting-edge tools and expert advisors (EA). One Gold EA has recently emerged as a compelling choice, with its unique set of features and a promising trading strategy focused on XAUUSD D1 pairs.

Understanding One Gold EA:

Technical Specifications

Version: 1.0
Year of issue: 2024
Working pairs: XAUUSD
Recommended timeframe: D1
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000

Best Brokers List

One Gold EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

One Gold EA Settings

Strategy Overview:

One Gold EA operates on a distinctive logic, showcasing its prowess through a scalping approach coupled with grid and martingale-based tactics. Let's delve into the intricacies of its strategy based on the provided settings.

EA Settings Explained:

Magic & Auto Magic:

• Assigning a unique identifier to trades with the 'Magic' setting.
• Auto Magic option for automatic identification.

Trading Parameters:

• One Entry per Candle strategy for precise entry points.
• Max Position and Baselots management.
• Incrementing lot sizes with Lot Size Increment and Lot Size Mult.

Risk Management:

• Setting Take Profit and Stop Loss in pips.
• ATR Stop Loss with adjustable period and Risk-Reward Ratio.
• Utilizing Order Distance, Order Distance Mult, and Risk parameters.

Martingale Strategy:

• Incorporating Martingale with Max Martingale, Lot Size Multi, and Opposite Signal options.
• Closing positions with Opposite Signal Close and Close When Profit conditions.

Time Filters:

• Defining trading hours with Start and End Hour parameters.
• Multiple time filters for nuanced control over trading periods.

Basket Management:

• Implementing Basket Profit and Basket Stop Loss strategies.
• Configuring Balance Percentage, Close Types, and Dollar-based management.

Additional Features:

• News Filter with options to include or exclude news events.
• Grid trading with settings for Lot Sizes, Grid Distance, and Profit Targets.

Live Test Insights:

Observations and Analysis:

A live test of One Gold EA reveals an aggressive yet intriguing trading approach. The scalping nature, coupled with grid/martingale strategies, demands cautious consideration. The user reports a 5% drawdown and employs a 10% stop loss to manage risk, emphasizing prudent risk management practices.

Future Considerations:

The EA's performance will be reassessed after a night pause to avoid high spreads. The user expresses the need for a 99.9% backtest, highlighting the importance of thorough historical analysis for a more realistic understanding.

Conclusion:

One Gold EA emerges as a unique and powerful tool, showcasing a combination of scalping, grid, and martingale strategies. While the live test provides valuable insights, a comprehensive backtest will shed further light on its capabilities. Traders are advised to approach its aggressive trading style with caution, employing robust risk management practices.

For those intrigued by the potential of One Gold EA, continuous monitoring, thorough testing, and adaptation to market conditions are key to unlocking its full potential. Remember, in the ever-evolving landscape of forex trading, staying informed and adaptable is the key to success.

Download One Gold EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.