Description

Golden Owl EA V9 MT4 NoDLL

The Golden Owl EA V9 is an automated trading robot designed for MetaTrader 4 (MT4). It utilizes moving averages and HILO (High-Low) to make trading decisions. Here are the key details:

• Minimum Deposit: While the EA doesn’t impose a strict minimum deposit requirement, it’s advisable to start with a minimum account balance of $500 to effectively utilize its trading strategy.
• Timeframe to Run: The Golden Owl EA V9 performs optimally on the 1-hour timeframe (H1), but it can also be used on other timeframes.
• Currency Pairs: The EA is versatile and can trade any currency pair, but it’s particularly beneficial for trading XAUUSD (Gold) and US30.

Strategy Overview

1. Moving Averages (MA):
   • The EA uses moving averages to identify trend directions.
   • It considers both short-term and long-term moving averages for confirmation.
2. HILO (High-Low):
   • HILO represents the highest and lowest price levels within a specified period.
   • The EA uses HILO to determine potential entry and exit points.
3. Risk Management:
   • The Golden Owl EA incorporates risk management features:
     • Hard Stop Loss: Protects against excessive losses.
     • Trailing Stop: Adjusts the stop loss as the trade moves in favor.
     • Magic Number: Assign a unique identifier for tracking trades.
     • Lot Mode: Choose between fixed lot size or dynamic lot sizing.

 

 

 

How to Get Started

1. Download the EA:
   • You can download the Golden Owl EA V9 from our website: https://yoforex.org/product/golden-owl-ea-v9-mt4-nodll/ Download.
   • Install the EA by copying the “GoldOwl EA.ex4” file into the “Experts” folder of your MetaTrader 4 platform.
2. Attach to Chart:
   • Restart MT4.
   • Attach the expert advisor to your desired chart (e.g., XAUUSD or any other currency pair).
3. Demo Account First:
   • Always use the EA on a demo account first to understand its behavior and performance.

Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎