Gold Rush Pro EA Source Code MQ4

Description

Gold Rush Pro EA: Unveiling the Strategy

Overview

The Gold Rush Pro EA is an automated trading robot designed for MetaTrader 4 (MT4). It operates based on a specific strategy that focuses on resistance and support level breakouts. Here are the key details:

1. Minimum Deposit: To run the Gold Rush Pro EA effectively, it’s recommended to have a Pro account with ECN (Electronic Communication Network) and Market Execution. This ensures optimal performance and accurate execution of trades.
2. Strategy: The EA identifies potential trading opportunities by monitoring price movements around key support and resistance levels. When these levels are breached, the EA executes trades automatically.
3. Currency Pair Recommendation: While the Gold Rush Pro EA can work with any currency pair, the XAUUSD (Gold) pair tends to yield the best results. Gold’s unique characteristics make it an attractive choice for this strategy.

Key Features

• Fully Automatic: The Gold Rush Pro EA operates in fully-automatic mode, making it suitable for traders who prefer hands-off trading.
• Real Tick Testing: The EA has been rigorously tested using real ticks, providing confidence in its performance.

 

Trade Execution Example

Here’s how the EA executes trades based on its strategy:

1. Breakout Detection:

The EA monitors XAUUSD (Gold) price movements. When it detects a significant breakout above a resistance level or below a support level, it prepares to enter a trade.

1. Order Placement:

   • Buy Trade: If the price breaks above resistance, the EA places a buy order.
   • Sell Trade: If the price breaks below support, the EA places a sell order.

2. Risk Management:

   • The EA calculates position size based on either a fixed lot or a percentage of the deposit.
   • Stop loss and take profit levels are set to manage risk.

 

Telegram Channel

Join our YoForexRobot Telegram channel for updates, discussions, and community support: https://t.me/yoforexrobot

Download the EA

You can download the Gold Rush Pro EA from our official website: https://yoforex.org/product/gold-rush-pro-ea-source-code-mq4/

 

[Remember that past performance does not guarantee future results. Always test the EA on a demo account before using it with real funds]

 

😊Happy Trading😊