Name: Gold Rush FX EA V1.76 MT4 - Free Download
Price: 150.00 USD
Availability: InStock

Description

Unleashing Profits with Gold Rush FX EA V1.76 MT4

Gold Rush FX EA V1.76 is a cutting-edge Expert Advisor (EA) designed for MetaTrader 4 (MT4) specifically to trade Gold (XAUUSD). This EA leverages advanced algorithms and technical analysis to automate your trading, making it ideal for both novice and experienced traders. It focuses on the H1 timeframe, optimizing its strategy to capitalize on the price movements of Gold. With its sophisticated design, the Gold Rush FX EA can help you navigate the volatile gold market and maximize your trading profits.

Recommended Settings

Risk Percentage: 1-2% of your account balance per trade
Take Profit (TP): 50 pips
Stop Loss (SL): 30 pips
Trailing Stop: Enabled with 20 pip trailing distance
Lot Size: Adjust based on account balance, typically 0.01 lots per $1000
Magic Number: Unique identifier for managing multiple EAs
Minimum Deposit: $300
Timeframe: H1
Currency Pair: Gold (XAUUSD)

Strategy

Trend Identification: The EA uses a combination of moving averages and trend indicators to identify the prevailing market trend. It places trades in the direction of the trend to increase the probability of success.
Volatility Analysis: The EA incorporates volatility measures to gauge market conditions. By analyzing volatility, the EA can adjust its trading parameters to adapt to changing market environments, ensuring that it can capture significant price movements while avoiding whipsaws and false signals.
Momentum Oscillators: The EA uses momentum oscillators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) to identify overbought and oversold conditions. These oscillators help the EA to time its entries and exits more accurately, ensuring that it enters trades when the market has sufficient momentum and exits before the momentum fades.
Risk Management: The EA employs stringent risk management techniques, including fixed stop losses and take profits, as well as a trailing stop feature. These measures ensure that risk is minimized and profits are secured. The EA also adjusts its lot sizes based on the account balance and risk percentage, ensuring that each trade is appropriately sized.
Trade Filters: To enhance the accuracy of its signals, the EA uses additional filters such as time-based restrictions (avoiding trades during high-impact news releases) and spread filters (avoiding trades when spreads are unusually high). These filters help to reduce the likelihood of entering low-probability trades and enhance overall performance.