Trading utilities for MetaTrader 5
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MetaTrader 5
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Overview
Introducing a fully automated trading EA for the Gold (XAUUSD) market. Expert Advisor Dynamic Gold is programmed with advanced and intelligent algorithms. The EA strategy analyzes extreme volatility and then short reversals according to climax patterns. Combined with a high probability and low risk scalping method. It also applies scalper strategy to take small profits and quickly exit the market. Trailing and possible Stop Loss options are available with small values to reduce risk and optimize performance.
The EA has been optimized for Gold and you only need to use default setting (for Gold, XAUUSD with 2 decimal places).
Settings:
| Settings | Value |
| Max Spread | = 25 to 60 (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 | = 3 to 5 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 600 (points) |
| Stop Loss | = 800 (points) |
| Trailing | = 10 (points) |
| Start Trailing | = 40 (points) |
| Time Start | = 01:30 (hour:minutes) |
| Time End | = 22:30 (hour:minutes) |
| 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:
This EA is specifically designed for Gold (XAUUSD).
Time frame: M5 or any timeframe. Use VPS with low latency (< 20ms).
Use EA with ECN or Raw spread accounts, spread < 30 points. Min Balance: $ 200
If Gold (XAUUSD) has 3 decimal places with the price (ex: 1700.123). You need to change the Take Profit and Trailing values to 10 times the default value (ex: Take Profit = 6000, Trailing = 100 ...), because the pip, point ratio of 2 and 3 decimal places differs by 10 times.
