Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
Expert Gold on the Go is the latest generation of automated trading robots programmed specifically for Gold (XAUUSD). Smart trading algorithms analyze extreme tick movements and look for short-term trading opportunities. The signal patterns also correlate with popular indicators to help determine optimal price zones for signals. Along with scalper methods for quick exits from the market.
EA positions are available with Stop Loss and Trailing. EA has been optimized for Gold for easy installation and use, users can start with default settings (for Gold with 2 digits).
Settings:
| Settings | Value |
| Max Spread | = 25 to 60 (Must be higher than the average spread of the pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 2.0 to 4.0 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 600 (points) |
| Stop Loss | = 600 (points) |
| Trailing | = 10 (points) |
| Start Trailing | = 50 (points) |
| Time Start | = 01:30 (hour:minutes) |
| Time End | = 22:30 (hour:minutes) |
| Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
This EA is specifically designed for Gold (XAUUSD).
Time frame: M5 or any timeframe. Use VPS with low latency (< 20ms).
Use EA with ECN or Raw spread accounts, spread < 30 points. Min Balance: $ 200
If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Trailing values to 10 times the default value (ex: Take Profit = 6000, Trailing = 100 ...), because the pip, point ratio of 2 and 3 decimal places differs by 10 times.
