Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
EA Golden Turbo is an automated trading robot dedicated to the Gold market (XAUUSD) from our latest generation of EAs. The Expert is meticulously programmed with exclusive and advanced algorithms. The EA combines price movement volatility rates, trend indicators and intelligent position management. The trades often have large Stop Loss to suit the EA's position management strategy, and there is also a feature to Close floating positions on Friday to reduce risk.
The EA settings are simple to set up and use. Users only need to set the default settings without the need for set files.
Settings:
| Max Spread | = 30 to 50 (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 | = 1.0 to 3.0 (=1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 500 (points) |
| Stop Loss | = 2000 (points) |
| Trailing | = 10 (points) |
| Start Trailing | = 50 (points) |
| Slippage | = 8 |
| Time Start | = 01:30 (hh:mm) |
| Time End | = 22:30 (hh:mm) |
| Close all on Friday | = True |
| Time Close on Friday | = 22:00 (hh:mm) |
| 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:
Pair: XAUUSD. Time frame: M5 or any timeframe. Use VPS with low latency (< 20ms).
Use EA with ECN or Raw spread accounts, spread < 35 points. Min Balance: there is no minimum balance limit, but we still recommend a balance of 300 USD.
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 2300.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 5000 (instead of the default value = 500). Because Point calculation is different with 2 decimal places.
+ The default setting is the recommended setting, but you can still change the parameter values to tweak the system to suit you.
