Description
The Gold Reaper EA V1.91 MT4
Overview
The Gold Reaper EA V1.91 is a powerful MetaTrader 4 (MT4) Expert Advisor designed for gold trading. Developed by Profalgo Limited, this EA offers the following features:
- Broker Independence: Compatible with various brokers.
- Risk Management: Utilizes stop loss (SL), take profit (TP), trailing stop loss, and trailing take profit.
- Adaptive Strategies: Runs multiple strategies internally to spread risk.
- Entry Algorithm: Based on breakouts of important support and resistance levels.
Key Features
- Minimum Deposit: Start with a minimum account balance of $300.
- Timeframe: The timeframe of the chart doesn’t matter; the EA adapts to different timeframes.
- Currency Pair: Specifically designed for XAUUSD (gold).
- Trade Frequency: Automatically determined based on account size and maximum allowed drawdown.
- Risk Management: No grid, no Martingale, and conservative risk management.
How It Works
- Entry Points:
- The EA identifies breakouts of significant support and resistance levels.
- Multiple confirmation algorithms help find the best entry price.
- Risk Control:
- Each trade has predefined SL and TP levels.
- Trailing stop loss and trailing take profit minimize risk.
- Adaptive Trade Frequency:
- Adjusts trade frequency based on account size and drawdown settings.
You can check more on –
How to Get Started
- Download :
- Download The Gold Reaper EA V1.90 from the provided link. https://www.yoforex.org/product/the-gold-reaper-ea-v1-90/
- Visit our website https://www.yoforex.org/ for additional resources and insights.Contact: @yoforexpremium
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