GOLD M STOPS Expert Advisor is a fully automated forex trading robot designed to work on the XAUUSD ,AUDUSD ,USDCAD ,EURUSD ,GBPUSD and AUDCAD currency pairs and it is also optimizable for other currency pairs.
The strategy based on breaking through price levels and Market Time , each entry point is calculated using an advanced input filter based on the analysis of the movement of the price
chart.
The trading system is suitable for both experienced traders and beginners. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size.
Requirements:
| Monitoring (raw spread account) Monitoring (standard account) Monitoring (AUDUSD strategy) Monitoring (Fire Power strategy) ** SETTINGS *** |
|---|
- Hedging account.
- Minimum account balance for Gold Power strategy: $800 ; or you can use cent accounts
- Minimum account balance for AUDUSD strategy: $200 ; or you can use cent accounts
- Default settings are for XAUUSD M5
- For “AUDUSD” strategy => AUDUSD M5
- For “USDCAD” strategy => USDCAD M5
- A low latency vps is always recommended.
- Raw spread accounts are reccomended
- trading involves risks ,use only those funds that you are ready to lose.
- Every trade is protected by stop-loss and trailing stop-loss
- Good resistance to unexpected market events
- The EA is very easy to setup and use
- contains 2 great special trailing stop loss
- contain a great recovery system.
- Spread protection. max spread input.
- Group Trade Settings >>
- MagicNumber : expert ID to seperate from other EAs on account.
- Allow Open Long Trades : if(true) => user allow the EA to open Buy positions
- Allow Open Short Trades : if(true) => user allow the EA to open Sell positions
- SL : stop-loss per points
- TP : take profit per point
- MaxSpread : maximum allowed spread
- EnableTrailingSL : if(true) => user allow the EA to use its special trailing stop loss
- MinProfitTrailSL : minimum needed profit per points to start special trailing stop loss
- Recovery : if(true) => user allow the EA to use the recovery function
- RecoveryTradeDistance : distance per points between the main trade and the recovery trade
- EnableTrailingSLForRecovery : if(true) => user allow the EA to use its Recovery trailing stop loss
- MinProfitTrailSLForRecovery : minimum needed profit per points to start Recovery trailing stop loss
- StartLevelOfTSLrecovery : first distance of recovery trailing stop loss( per points )
- TradeComment : the comment that will show for every trade
- Group Money Management for Start Lot >>
- Enable Fixed Lot : if(true) => the EA uses fixed lot money management
- Fixed Order Size : Order volume for fixed lot money management
- Enable Auto Lot : if(true) => the EA uses auto lot money management based on balance
- Balance For Every 0.01 Lot : if user choose auto lot, the EA will divide your balance by this amount to calculate the volume
- Enable Auto Lot Base On Equity : if(true) => the EA uses auto lot money management based on equity
- Equity For Every 0.01 Lot : if user choose auto lot based on equity, the EA will divide your equity by this amount to calculate the volume
- +++ User must enable only one money management system+++
- “MaxNumBuy” ==> maximum number of open buy positions.“MaxNumSell” ==> maximum number of open sell positions.
- Added StopLossType input : 1-DifferentSLforTrades 2-SameSLforTrades ( if user choose “DifferentSLforTrades” every trade will be placed with (stop-loss = price – “SL” ) for BUY and (stop-loss = price+”SL”) for SELL ) (but if user choose “SameSLforTrades” the first trades will be placed with normal stoploss(like above) but recovery trades will be placed with stoploss = first trade stop loss
