Golden fractal EA V1.0 MT5

Golden Fractal EA V1.0 MT5: Unlocking Profit Potential💫💫

The Golden Fractal EA V1.0 MT5 is an expert advisor (EA) designed to capitalize on market opportunities using fractal patterns. With its intelligent algorithm, this EA identifies key entry and exit points, allowing traders to automate their strategies effectively.

Recommended Settings

• Minimum Deposit: $100
• Timeframe: М15 (15-minute candles)
• Currency Pair: XAUUSD (Gold against the US Dollar)

Key Features

1. Fractal-Based Strategy: The EA leverages fractals, which are recurring patterns in price charts. Fractals serve as potential reversal points, helping the EA identify optimal entry and exit levels.
2. Flexible Trading Hours:
   • Intraday Trading: Set the start and end trade hours to capture intraday opportunities.
   • Continuation Trading: Extend trades into the next day by adjusting the time interval.
   • Round-the-Clock Trading: Keep positions open 24/7.
3. Risk Management:
   • Position Size (Lots): Define the volume of each position.
   • Stop Loss (in pips): Set a predetermined level to limit losses.
   • Take Profit (in pips): Specify the desired profit target.
   • Trailing Stop: Activate trailing stop to protect gains as the trade progresses.
4. Magic Number:
   • Assign a unique identifier to the EA for tracking purposes.

Strategy Insights

The Golden Fractal EA V1.0 MT5 operates as follows:

1. Fractal Detection:
   • The EA scans historical price data for fractal patterns.
   • When a valid fractal appears, it marks it as a potential turning point.
2. Entry Signal:
   • Once a bullish or bearish fractal is confirmed, the EA opens a position.
   • It places a pending order (buy stop or sell stop) at the fractal level.
3. Risk Management:
   • The EA sets a predefined stop loss and take profit for every trade.
   • If the trade moves in the desired direction, the trailing stop locks in profits.

1. Exit Signal:
   • The EA monitors price movement.
   • If the price reaches the take profit level, the EA closes the position.
   • Alternatively, if the price hits the stop loss, the EA exits the trade.
2. Adaptive Approach:
   • The EA adjusts its strategy based on market conditions.
   • It dynamically recalibrates stop loss, take profit, and trailing stop levels.