Description
EA GOKIL V2.1 MT4: A Powerful Forex Robot
Overview
The EA GOKIL V2.1 MT4 is an automated trading software (Forex robot) designed to execute trades on the MetaTrader 4 platform. It offers high profitability with a reliable approach. Let’s dive into the details:
Key Features
- Minimum Deposit: $500
- Timeframe: M15 (15-minute chart)
- Currency Pair: XAUUSD (Gold against the US Dollar)
Trading Strategy
The EA GOKIL V2.1 MT4 employs a combination of martingale and hedging strategies. Let’s break down how it takes trades:
- Martingale Strategy:
- The EA increases position size after a losing trade.
- It aims to recover losses by doubling the lot size in subsequent trades.
- Caution: Martingale strategies can be risky, so proper risk management is crucial.
- Hedging Strategy:
- The EA opens opposite positions (buy and sell) simultaneously.
- It hedges against adverse price movements.
- Hedging can reduce risk but may limit profit potential.
Setfiles
- The EA comes with optimized setfiles that align with different risk tolerance levels and trading styles.
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Additional Resources
Instant Download: https://yoforex.org/product/ea-gokil-v2-1-mt4-with-setfiles/
Contact: @yoforexpremium
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