Gold Trade Pro EA V1.7 MT5
Gold Trade Pro EA is a specialized expert advisor (EA) designed exclusively for automated gold trading within the MetaTrader 5 platform. Developed and provided by Profalgo Limited, this EA distinguishes itself from others in the market by relying on genuine trading tactics rather than risky grid or martingale strategies. With a foundation built on bona fide trading strategies, it offers traders a reliable approach to navigating the gold market’s volatility. The developer recommends starting with a minimum balance of $200 and an initial risk of 1% per trade. Additionally, the EA is compatible with FIFO rules and offers customizable features such as trading comments, trading hours, maximum spread, and more.
Key Takeaways
- Exclusive Dashboard: The EA includes a unique dashboard displaying weekly gold trading levels for monitoring performance and manual analysis.
- Diverse Strategies: Seven pre-installed strategies cater to different market conditions, ensuring smoother equity curves.
- Time and News Filters: Filters prevent trading during major news events and specific timeframes to reduce volatility.
- Trailing Stop Loss: Automatic adjustment of stop loss levels optimizes profit-taking while protecting gains.
- Breakout Trading: Strategies focus on trading breakouts from daily support and resistance levels in the gold market.
- Customizable Configuration: Users can fine-tune settings to align with their preferences and objectives.
GOLD TRADE PRO EA Review
GOLD TRADE PRO EA Features
- Platform: MetaTrader 5 (MT5)
- Currency Pair: XAUUSD/GOLD
- Timeframe: D1
- Minimum Balance: $200
- Setup: Drag and drop the EA onto the daily gold chart and configure lot size settings.
- Recommended Strategies: For balances of $200 to $400, use strategies 2, 4, and 7 for lower drawdown.
- Risk: Start with 1% risk per trade using the “Risk per Trade” feature, adjusting as needed.
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:
- Gold Trade Pro v1.7 MT5
Gold Trade Pro EA is a specialized expert advisor (EA) designed exclusively for automated gold trading within the MetaTrader 5 platform. Developed and provided by Profalgo Limited, this EA distinguishes itself from others in the market by relying on genuine trading tactics rather than risky grid or martingale strategies. With a foundation built on bona fide trading strategies, it offers traders a reliable approach to navigating the gold market’s volatility. The developer recommends starting with a minimum balance of $200 and an initial risk of 1% per trade. Additionally, the EA is compatible with FIFO rules and offers customizable features such as trading comments, trading hours, maximum spread, and more.