Golden Goose MT5

Introducing Golden Goose MT5, an expert advisor engineered for gold (XAUUSD) trading on the H1 chart. This is a comprehensive system that integrates 213 distinct trading strategies, allowing it to adapt to various market conditions and increasing its operational opportunities.

At its core, the Golden Goose MT5 is designed with the goal of achieving a high win rate, which is paired with wider take-profit levels. What makes Golden Goose different is its framework, which is able to mitigate drawdown at extreme levels. This is accomplished through a multi-layered safety system that provides granular control over trading risk.

Golden Goose MT5's framework for risk management is extensive. Instead of relying only on fixed stop-losses, the system uses dynamic, indicator-based SL levels for more responsive risk management. The expert advisor includes comprehensive risk management settings, allowing you to define risk with precision by setting the entry lot size or enabling the EA to calculate it based on a percentage of the account balance. You also have control over entry protection, including the maximum spread, the maximum number of open positions, and the total lots that can be open at one time. The system provides daily and account protection features to safeguard your account, with settings for maximum daily loss, daily drawdown limits, and overall account equity levels. An advanced news filter is included to avoid trading around high-impact news events by halting trading before, during, and after major releases for specific instruments like XAUUSD. Furthermore, session time settings allow you to dictate the exact hours the expert advisor is active, aligning its operation with your strategy and preferred market sessions.

SET FILE IS LOCATED IN THE COMMENTS SECTION!

due to the constraints of the validation process for the system i have limited the exposure to the market by default so the system can pass the validation process for marketplace placement. please refer to the settings below for the best outcomes.

RECOMMENDED INPUTS FOR TESTING AND TRADING AFTER DOWNLOAD OR PURCHASE:

Max Spread: 0 (uses EA's Judgement)

max open positions: 0 (uses EA's Judgement)

max open lots: 0 (use EA's Judgement)

lot type: DYNAMIC_LOT_DOLLARS

input to choose dollar amount per .01 lot size: 1000 (tailor to your risk preference)