Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
Gold Daily Breakouts EA is an Expert Advisor designed specifically for trading Gold and volatile Forex pair.
The EA does not use any risky trading style (No Grid - No Martingale), it use simple trading strategy based on Breakouts of Daily Support and Resistance levels.
Each trade has a TP and SL from the Trade open, and the EA will use a trailing SL to minimize risk and maximize profits if price starts moving in the right direction.
Gold Daily Breakouts has 7 different strategies already build in, that work seamlessly together.
Setting EA:
- Recommended pair: XAUUSD/GOLD
- Timeframe: Daily
- Minimum balance: 100$
Simply open a Gold chart on Daily Timeframe, drag the EA to the chart, and settings the lotsize.
- Safe settings: For low balance accounts (100$ ~ 500$), using only strategy 2,4 and 7 as they have the lowest drawdowns.
- Risk settings: using the "Risk per Trade" and starting with 1% risk per trade. If you can accept the risk, you can always increase the risk.
- Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM
