Description

GoldenRing FX EA: A Powerful Trading Tool

Overview

The GoldenRing FX EA is an automated trading system designed for the MetaTrader 4 (MT4) platform. It aims to maximize profits while minimizing risk. Here are the essential details:

• Minimum Deposit: The recommended minimum deposit to run this EA is $1,000.
• Timeframe: The EA operates on a 15-minute timeframe.
• Currency Pair: It is specifically optimized for XAUUSD (Gold) trading.

Strategy

The GoldenRing FX EA employs a robust trading strategy based on technical indicators and price action. Here’s how it works:

1. Signal Generation: The EA identifies potential trade opportunities using a combination of moving averages, trend lines, and candlestick patterns.
2. Entry Points: When favorable conditions align, the EA enters trades. It focuses on both buy (long) and sell (short) positions.
3. Risk Management:
   • Stop Loss: Each trade has a fixed stop loss in points (pips).
   • Take Profit: The EA sets a predefined take profit level.
   • Maximum Concurrent Trades: It limits the number of open trades to 5 at any given time.
4. Trade Management:
   • The EA monitors trades and closes losing positions based on opposite signals or when the stop loss level is reached.
   • It aims to capture profits efficiently by trailing stop levels.

Performance Summary

Here’s a snapshot of the GoldenRing FX EA’s performance:

• Total Gain: +4043.65%
• Daily Return: 1.19%
• Monthly Return: 42.41%
• Drawdown: 4.67%
• Current Balance: $41,436.52
• Best Trade: $3,665.75 (Apr 5)
• Worst Trade: -$1,696.69 (Apr 8)

How to Use GoldenRing FX EA

1. Download the EA: You can download the GoldenRing FX EA from our website: GoldenRing FX EA Download.
2. Install on MT4: Install the EA on your MetaTrader 4 platform.
3. Set Parameters:
   • Currency Pair: Configure the EA for XAUUSD.
   • Risk Management: Adjust the lot size based on your risk tolerance.
4. Monitor and Optimize: Regularly check the EA’s performance and consider optimizing settings using the built-in Strategy Tester in MT4.

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

Contact:  @yoforexpremium

😎💫Happy Trading💫😎