Name: EurGold EA V5.0 MT4 - Free Download
Price: 170.00 USD
Availability: InStock

Description

Maximize Your Trading Potential with EurGold EA V5.0 MT4

EurGold EA V5.0 MT4 is a sophisticated expert advisor designed for traders looking to optimize their performance in the Forex market, particularly with the EURUSD and GBPUSD currency pairs. This EA is built on advanced trading algorithms and offers a unique blend of precision and efficiency, making it a powerful tool for both novice and experienced traders. Its focus on short to medium-term trades on M5 and M15 timeframes ensures that you can capitalize on market opportunities with minimal risk.

Recommended Settings

Platform: MetaTrader 4 (MT4)
Currency Pairs: EURUSD, GBPUSD
Time Frames: M15, M5
Minimum Deposit: $300

Key Features

Automated Trading: Executes trades automatically based on predefined parameters and sophisticated algorithms.
Versatile Time Frames: Optimized for M15 and M5 timeframes to capture short to medium-term market movements.
Precision Algorithms: Uses advanced algorithms to pinpoint the best entry and exit points.
Comprehensive Risk Management: Includes features to manage drawdowns and optimize lot sizes.
User-Friendly: Easy to set up and operate, suitable for traders of all levels.
Real-Time Monitoring: Provides instant access to trading performance and market data.

Strategy

Moving Averages: Utilizes a combination of short-term (e.g., 10-period) and long-term (e.g., 50-period) moving averages to determine the market trend.
Support and Resistance Levels: Analyzes historical price data to identify key support and resistance zones where price is likely to react.
Moving Average Crossovers: Enters trades when the short-term moving average crosses above or below the long-term moving average, signaling a potential trend change.
Price Action Confirmation: Uses price action patterns such as pin bars, inside bars, and engulfing bars to confirm entry points.
Momentum Indicators: Incorporates momentum indicators like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) to validate the strength and direction of the trend before entering a trade.
Fixed Take Profit and Stop Loss: Sets predetermined take profit and stop loss levels to ensure trades are closed at optimal points, securing profits and limiting losses.
Trailing Stop: Implements a trailing stop to lock in profits as the trade moves favorably, allowing for further profit potential while protecting against reversals.
Time-Based Exits: Closes trades after a specific time duration to minimize exposure to market volatility and reduce the risk of adverse price movements.
Dynamic Lot Sizing: Adjusts the lot size dynamically based on the account balance and predefined risk settings, ensuring appropriate exposure for each trade.
Drawdown Control: Sets strict drawdown limits to protect the trading account from significant losses.
Diversified Trading: Spreads risk across multiple trades and market conditions to avoid overexposure to any single event or trend.