Expert Advisors and Indicators for MetaTrader 4

Here you will find many programs for the MetaTrader 4 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 4

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Top Rated Products MT4

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Evgenii Golovanets

Gold Extractor

gold-extractor-logo-200x200-1182
220.00 USD187.00 USD

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Information

Experts
MetaTrader 4
Sara Sabaghi
1.6
10

Overview

Live Monitoring, For Join the signal channel, link in my profile bio

DISCOUNT, EA price set to $220

Next Price is 290$


Brief about, gold/XAUUSD?

Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world.

Most commonly quoted in US Dollars is (XAU/USD).

All the times in Forex, Hedge funders and big kids use gold to hedge their basket from market risk. and they use this gold as a hedge. For this reason, gold holds value well and makes it a reliable safe haven like the risk-on risk-off sentiment.

When the USD dollar gets some power, big Kids sell gold to buy US dollar and if the US get down they Buy gold to protect their assets. Generally, gold price tends to increase as stocks and bonds decline.


The Gold Extractor EA

We are talking about safe-haven pairs on the FX market. Gold is like an alive character, a precious metal, it reacts fast to the economic news, reacts fast to change the country's policies and the Inflation expectations of the United States.

So it's not professional to trade it just with technical analysis.

When the market goes to Risk/ON - Risk OFF, US polity changes, Country bond yield changes, all the info effect on gold price.

Gold Extractor, collecting all the necessary fundamental information to make better deceision to trade.

EA use online fundamental data and US10Y and Inflation Expectations to trap gold movement using the Scalping strategy also use martingale strategy to recover loss orders.


Features:

  • complex panel with all functions that you need to have for manual trading.
  • You can trade manually with a negative correlation between gold and US10Y with our panel technical data and let EA to manage it and close positions in profit
  • Trail function, Auto-close function, martingale recovery, Auto Close with your customized profit.
  • You have all the economic news/calendar listed on your chart, on your panel + Session market time
  • You have all the Inflation expectations of 13 major/important countries on your chart, on your panel
  • EA uses real-time fundamental data and US10Y negative correlation with gold to scalp in correct direction


Recommendation:

  • Use ECN (narrow spread) account - 2 Digit gold price, EA is a SCALPER
  • Attach EA on Timeframe M15 or M5
  • You don't need any set file. JUST trade with default setting as we work with default setting too
  • If your broker uses a prefix or suffix (e.g. XAUUSD.a) you should update it in the EA inputs
  • Minimum balance is 500$

Note: Don't forget to add news and fundamental source link on your Allow web request list for news filter and other fundamentals data

You can't backtest this EA,  Because EA use online News filter to avoide bad market movement, Also EA use online fundamental data to analysis the gold movement and this online data dosn't work in backtest.

So if you need test and trust, Why you don't check the Live result

Read more about the EA: Read here

Learn about the EA panel


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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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