Description

Gold Trade Pro V1.31 EA MQ4: A Real Trading Strategy for Gold

Overview

The Gold Trade Pro V1.31 EA MQ4 is not your typical grid/martingale system. Instead, it employs a real trading strategy based on breakouts of daily support and resistance levels. This approach is highly effective for trading the volatile gold market.

 

Key Features

• Strategy Based on Real Market Dynamics:
  • The EA identifies breakouts of daily support and resistance levels.
  • Avoids risky grid/martingale systems that often lead to margin calls.
  • Provides a stable growth curve with occasional losses.
• Built-In Risk Management:
  • Each trade comes with preset take profit (TP) and stop loss (SL) levels.
  • Utilizes a trailing stop loss to balance risk and maximize profits.

 

 

Recommended Settings

• Pair: XAUUSD (Gold)
• Timeframe: Daily
• Minimum Balance: $200
• For low-balance accounts ($200-$400), consider running strategies 2, 4, and 7 due to their lower drawdowns.
• Start with a conservative risk of 1% per trade and adjust as needed.

 

Installation

1. Open a daily gold chart.
2. Drag the EA onto the chart.
3. Configure the lot size settings.
4. Backtest and demo test before live trading.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀

 

Stay Updated:

Instant Download:  https://yoforex.org/product/gold-trade-pro-v1-31-ea/

Contact: https://t.me/yoforexrobot

 

🔔😎Happy Trading😎🔔