Description

EA Volunteer V3 MT4 NoDLL: A Real Trading Strategy for Gold

Overview

The EA Volunteer V3 MT4 NoDLL is an expert advisor (EA) designed specifically for MetaTrader 4. Unlike many other Gold EAs on the market, this one employs a real trading strategy rather than risky grid or martingale systems. It focuses on breakouts of daily support and resistance levels, making it effective for the volatile Gold market.

Key Details

• Minimum Deposit: To get started, we recommend a minimum account balance of $200. However, higher balances allow for more flexibility.
• Timeframes: The 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.

Trading Strategy

The EA Volunteer V3 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. Here’s how it takes trades:

1. Breakout Entries: When price breaks above a daily resistance level or below a daily support level, the 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: The 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 EA Volunteer V3 MT4 NoDLL

1. Pair: Open a gold (XAUUSD) chart on the daily timeframe.
2. Attach the EA: Drag and drop the EA onto 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.

How to Get Started

1. Download and Installation:
   • Download EA Volunteer V3 MT4 NoDLL from the provided link. https://yoforex.org/product/ea-volunteer-v3-mt4-nodll/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎