Gold Hunt EA V3.1 MT4 NoDLL

Description

Gold Hunt EA V3.1 MT4 NoDLL Overview

• Strategy: The Gold Hunt EA V3.1 MT4 NoDLL focuses on breakout entries when price breaks above daily resistance levels or below daily support levels. It avoids risky trading styles like grids and martingales.
• Minimum Deposit: To get started, we recommend a minimum account balance of $200. However, higher balances allow for more flexibility.
• Timeframes: Gold Hunt EA works well on the H1, H4, and Daily timeframes. Choose the one that suits your trading preferences.
• Currency Pair: While optimized for XAUUSD (Gold), it can also be used with other currency pairs such as EURUSD, GBPUSD, or AUDUSD.

How Gold Hunt EA Takes Trades

1. Breakout Entries:
   • When price breaks above a daily resistance level or below a daily support level, Gold Hunt EA enters a trade in the direction of the breakout.
2. Take Profit (TP) and Stop Loss (SL):
   • Each trade has predefined TP and SL levels from the start, ensuring risk management.
   • Additionally, the EA uses a trailing stop to lock in profits as price moves favorably.
3. Multiple Strategies:
   • Gold Hunt EA incorporates seven different strategies that work seamlessly together.
   • The result is a stable growth curve with occasional losses—realistic and transparent.

How to Set Up Gold Hunt EA

1. Pair:
   • Open a gold (XAUUSD) chart on the daily timeframe.
2. Drag and Drop:
   • Attach the EA to the chart.
3. Lot Size:
   • Adjust the lot size settings based on your account balance.
   • For low-balance accounts (e.g., $200-$400), consider running only strategies 2, 4, and 7 (lowest drawdowns).
4. Risk Management:
   • Start with a conservative risk of 1% per trade using the “Risk per Trade” setting.

You can download this EA from our website: YoForex Gold Hunt EA.

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🚀Happy Trading 🚀