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
- Open a daily gold chart.
- Drag the EA onto the chart.
- Configure the lot size settings.
- 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.📈🍀
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Instant Download: https://yoforex.org/product/gold-trade-pro-v1-31-ea/
Contact: https://t.me/yoforexrobot
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