Goldmarie EA

Goldmarie EA

is an automated scalping Expert Advisor designed for XAU/USD (Gold) trading on M15 timeframe. It uses a combination of RSI, Bollinger Bands, and dynamic lot sizing to identify high-probability trade setups. The EA also features an advanced risk management system, preventing overtrading and margin issues.

The price for Goldmarie EA will increase by every 10 sales. Final price U$D 999

This guide explains Goldmarie EA's features, including the built-in dashboard and how to configure the EA.

Technical Analysis-Based Trading Strategy

• Uses RSI (Relative Strength Index) to detect overbought (>70) and oversold (<30) conditions
• Utilizes Bollinger Bands (20, 2.0 deviation) for price breakout detection
• Dynamic Lot Sizing adjusts trade volume based on account balance and risk percentage

Adv

The on-screen dashboard will provide real-time information about trading conditions and active trades. Here are the planned features:

 Key Information Displayed on the Dashboard

Current RSI Value – Displays the latest RSI reading, showing if the market is overbought (>70) or oversold (<30)
Bollinger Band Position – Indicates if the price is near the upper or lower Bollinger Band, helping to confirm trade signals
Active Trade Count – Shows the number of currently open trades
Current Account Balance & Free Margin – Displays available margin to prevent over-leveraging
Lot Size Used in Next Trade – Displays the dynamically adjusted lot size based on risk management settings
Trade Execution Status – Provides feedback on whether a trade was successfully opened or failed (Error Codes)
Trade Profit & Loss Summary – Shows total profit/loss of open trades in real-time

Advanced Risk Management

• Automatic Stop-Loss & Take-Profit Calculation based on predefined pip values
• Dynamic Lot Sizing ensures trades fit within the available margin
• No Martingale or Grid Strategy (safe and controlled risk management)
• Maximum Trade Limitation prevents overtrading

Smart Trade Execution & Management

• Order Execution with Slippage Control
• Trade Monitoring & Auto-Closing when the profit target is reached
• Margin Protection Mechanism prevents opening trades when account balance is too low

User-Friendly Interface & Dashboard (Planned Update)

• On-Chart Dashboard displaying key trading parameters (Lot Size, Open Trades, Profit/Loss, etc.)
• Real-Time RSI & Bollinger Band Readings
• Trade Execution Status & Alerts

Q1: Why does my EA not open trades?
Ensure that "AutoTrading" is enabled in MetaTrader 4
Check if MaxTrades is limiting new trades
Verify that RSI & Bollinger Band conditions are met

Q2: What if I get error 134 (Not Enough Money)?
Reduce the Lot Size or Risk Percentage in the settings
Ensure your broker allows Gold trading with your account size

Q3: Can I use Goldmarie EA on other pairs?
The EA is optimized for XAU/USD (Gold). If you want it for Forex pairs, adjustments are required.

Goldmarie EA is a powerful yet easy-to-use Expert Advisor for Gold scalping on M15 charts. With a strong technical analysis strategy, dynamic lot sizing, and robust risk management, it helps traders execute profitable trades while minimizing risk.