EA No Name MT5

EA No Name MT5 is an innovative gold trading bot that works as accurately as a Swiss watch and brings profits with a golden shine! Created for professional traders and financial market enthusiasts, this bot uses advanced technology to analyze fractals and consolidation zones - two powerful tools in the arsenal of a successful trader.

The advisor scans the market and accurately identifies key trend reversal points, as well as breakouts in consolidation zones, providing timely signals to buy or sell gold. It is like a personal trading coach who is always on guard for your profits. The trading bot, based on the strategy of fractals of resistance and support levels using machine learning, is an advanced tool for automated trading in the financial markets. The basic idea is to use technical analysis to identify key support and resistance levels based on fractals — local extremes on the price chart that indicate possible trend reversal points.

How the trading bot works:

1. Fractals to identify levels:

- The bot analyzes historical price data and identifies fractals — points where the price reverses, forming local highs (resistance) and lows (support).

- Support levels are formed based on fractal lows, and resistance levels are based on fractal highs.

2. Machine learning:

- The bot is trained on historical data, using machine learning models to improve price behavior forecasts relative to support and resistance levels.

- During training, the bot analyzes how the price has reacted in the past to reaching these levels, taking into account patterns of reversals, breakouts, and pullbacks.

- Based on historical data, the bot learns to recognize patterns that indicate a high probability of a reversal or continuation of a trend after breaking through a level.

Advisor Does not use

• No martingale
• No grid
• No doubling
• No averaging

Recommendations:

• Currency pair: XAUUSD, GOLD
• Timeframe: M30
• Minimum deposit: $100
• Account type: Any