Description
Gold Rush Pro EA V3.1 MT4
Overview
- Name: Gold Rush Pro EA V3.1 for MT4
- Platform: MetaTrader 4 (MT4)
- Minimum Deposit: $500
- Timeframe: M1 or M5
- Currency Pair: XAUUSD (Gold)
Key Features
- Automated Trading:
- The Gold Rush Pro EA V3.1 is an expert advisor designed for automated trading.
- It analyzes market conditions and executes trades based on predefined criteria.
- Optimized for Gold (XAUUSD):
- The EA is specifically tailored for trading the XAUUSD currency pair (Gold).
- Traders can focus solely on gold trading using this EA.
- Risk Management:
- The minimum recommended balance for normal risk is $500.
- Traders can adjust their lot sizes to match their risk tolerance.
- Trading Strategy:
- The Gold Rush Pro EA V3.1 primarily follows a scalping strategy.
- It aims to capitalize on short-term price movements.
- No martingale or hedging techniques are used.
How the EA Takes Trades
- Entry Criteria:
- The EA identifies favorable entry points based on technical indicators (specific indicators not disclosed).
- It considers price patterns, moving averages, and other relevant factors.
- Stop Loss and Take Profit:
- The EA calculates appropriate Stop Loss (SL) and Take Profit (TP) levels based on market conditions.
- These levels are dynamically adjusted as the trade progresses.
- Profit Lock:
- When a trade reaches a predefined profit level, the EA locks in part of the profit.
- This ensures that even if the trade reverses, some profit is secured.
- Trailing Stop:
- As the trade moves in favor of the trader, the EA adjusts the trailing stop.
- This allows for potential additional profit while protecting against sudden reversals.
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Additional Resources
Instant Download: https://yoforex.org/product/gold-rush-pro-ea-v3-1-mt4/
Contact: @yoforexpremium
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