Bonnitta Gold EA V1.33 MT4

Bonnitta Gold v1.33 EA is an expert advisor (EA) designed for automatic trading on the MetaTrader 4 and MetaTrader 5 platforms. It employs the proprietary Bonnitta Trading Indicator—a secretive custom tool—along with an advanced trading algorithm to identify profitable opportunities in the XAUUSD (gold) market. The EA utilizes the Pending Position Strategy (PPS) and integrates Custom Indicators, Trendline Support and Resistance Levels, and Price Action to inform trading decisions. Once loaded onto a platform’s charts, it continuously scans the forex market for signals, entering and managing trades as it identifies opportunities.

Key Takeaways

• Bonnitta Trading Indicator: Created by the system’s developers, this proprietary indicator is essential for identifying profitable trading opportunities.
• Secretive Custom Indicator: This exclusive tool enhances the EA’s decision-making capabilities.
• Advanced Trading Algorithm: The integration of these components aims to optimize trade entries and exits.

BONNITTA GOLD EA Features

• Platform: MetaTrader 4 (MT4)
• Currency Pairs: XAUUSD
• Timeframe: Not specified
• Minimum Account Balance: $10,000

Strategy

1. Trend Correction Trading:
   • Timeframe: H1 (Hourly chart candles).
   • Currency Pairs: EURUSD, EURCHF, EURGBP.
   • Entry Points: The EA identifies key market trends and executes trades during trend corrections.
   • Risk Management: Captures profit potential during market fluctuations.
2. News Filter and Auto GMT Time:
   • News Filter: Avoids trading during high-impact news events.
   • Auto GMT Time: Ensures correct GMT time zone adjustments.
3. High Leverage:
   • The EA is designed to operate with high leverage, typically starting from $1000 and higher.
   • Takes advantage of small price movements in the XAUUSD market.

Strengths

• Utilizes a secretive custom indicator and a highly advanced trading algorithm.
• Incorporates trendlines and support/resistance levels for enhanced accuracy.
• Allows for a high maximum number of positions or orders.

Weaknesses

• Relies on a secretive trading algorithm, limiting transparency.
• High leverage increases risk; prudent risk management is essential.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

• Experts: Bonnitta Gold_1.33.ex4