Description
Votann EA V1.1 for MT4
an automated Gold trading robot designed specifically for the XAUUSD (GOLD) pair. This EA combines traditional technical analysis with Artificial Intelligence (AI) to enhance its precision in forecasting market movements.
- Minimum Deposit: To get started with the Votann EA, you’ll need a minimum account balance. While the exact amount isn’t specified, it’s advisable to have at least $100 to ensure sufficient margin for trading.
- Timeframe: The Votann EA is optimized for the 1-hour (H1) timeframe. This allows it to capture both short-term and long-term trends effectively.
- Currency Pair: The EA is specifically designed for trading the XAUUSD (GOLD) pair. Gold is known for its volatility, making it an attractive choice for traders seeking profit opportunities.
- Strategy Highlights:
- AI Integration: At the core of the Votann EA lies a complex algorithm that combines AI techniques, including Recurrent Neural Networks (RNNs) with Long-Short-Term-Memory (LSTM) cells. These networks learn from historical price data and technical indicators, identifying patterns relevant for predicting future market behavior.
- Risk Management: The EA employs a recovery mode strategy. Instead of relying on a single large trade, it splits each entry into smaller positions. This allows for gradual position closure, using profits from other trades to recover from any losses.
- Trailing Pending Orders: The Votann EA uses pending buy and sell stop orders to enter initial positions. Additionally, it employs trailing pending orders for recovery positions. This dynamic approach capitalizes on sudden price reversals.
- Fixed Take Profit and Stop Loss: Each position has predefined Take Profit and Stop Loss levels. While these values can be adjusted, the default settings have been optimized through extensive backtesting.
- Execution Time: The EA operates throughout the trading day, adapting to market conditions.
- Broker Requirements:
- Low spread and slippage are crucial for optimal execution.
- Consider using a broker with competitive commissions.
- Reliable VPS hosting is recommended for uninterrupted operation.
How to Get Started
- Download :
- Download Votann EA V1.1 from the provided link. https://yoforex.org/product/votann-ea-v1-1/
- Visit our website https://www.yoforex.org/ for additional resources and insights.Contact: @yoforexpremium
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