Description
Golden Bucks EA V1.0 MT4
Introduction
The Golden Bucks EA V1.0 MT4 is a powerful automated trading robot specifically tailored for gold trading. It operates within the MetaTrader 4 (MT4) platform, combining price action analysis with a touch of martingale strategy. Let’s explore its key features:
Key Features
- Minimum Deposit: The recommended starting capital varies based on your chosen leverage:
- Leverage 1:50 → $2000
- Leverage 1:100 → $1000
- Leverage above 1:100 → $300
- Timeframe: The EA actively trades on the M1 (1-minute) timeframe.
- Currency Pair: Exclusively focuses on XAUUSD (gold).
Trading Strategy
The Golden Bucks EA V1.0 MT4 follows a dynamic trading approach:
- Price Action and Martingale: It combines price-based signals with a controlled martingale sequence.
- Smart Closure Options:
- Equity Profit Close: Closes positions when a specified equity profit percentage is reached.
- Currency Profit Stop: Stops trading when a certain currency profit level is achieved.
- Risk Management:
- Fixed Points Stop Loss: Optional, providing downside protection.
- Fixed Take Profit: Also optional, ensuring profit targets are met.
Trading Parameters
- BUY/SELL Sequence: The EA alternates between buy and sell orders.
- LOT SIZE: Fixed lot size for initial trades.
- Close All on $ Profit: Closes all positions when the total profit reaches a specified dollar amount.
- Close All on Equity % Profit: Similar to the above but based on equity percentage.
- Time Filter: Define trading hours (start and stop).
- Martingale: Choose whether to activate the martingale sequence.
- Martingale Info:
- 0: Classic (1, 1, 1, 1…)
- 1: Fibonacci (1, 2, 3, 5, 8…)
- 2: Exponential (1, 2, 4, 8, 16…)
- 3: Custom (e.g., 1, 3, 9, 27…)
- Max Trades in the Same Cycle: Limits the number of trades per cycle.
- Max Sell Trades / Max Buy Trades: Controls the balance between buy and sell orders.
- Step: Determines the distance between consecutive trades.
- Magic Number: Unique identifier for the EA.
- Daily Profit Target in Currency: Set a daily profit goal.
- Use Moving Average as Filter?: Optional filter based on moving average settings.
Additional Resources
Instant Download: https://yoforex.org/product/golden-bucks-ea-v1-0/
Contact: @yoforexpremium
Reviews
There are no reviews yet.