Trading utilities for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Xuanjilong EA is another fully automatic EA of mine, specializing in gold. The Expert Advisor performed well on the H1 timeframe for the period 2019-2023.
The Xuanjilong EA is based on several trading indicators: RSI (Relative Strength Indicator), Stochastic Oscillator and my own custom indicator to make it more efficient.
As an initial signal to determine a suitable entry point, the EA uses 2 levels of standard crossovers: overbought and oversold zones, stochastic and my indicator to determine the likelihood of price movement at a specific level.
The combined work of indicators allows the Expert Advisor to clear false signals. Accurate trade opening and ease of use make Xuanjilong EA a great tool for making money.
The selling price will be adjusted by the actual profitability ratio of the sales volume: the selling price increases by 100 $ for each sale and the selling price increases by 100 $ for every 100% increase in the real profitability ratio
Don't miss the price now!!
Recommend:
Working pair: XAUUSD
Working time range: H1
Minimum Recommended Deposit: $1000
Recommended Broker: ECN
Features:
- Solid backtest and live performance
- Uses dynamic Take Profit feature
- User-friendly, no special skill required to install and use the EA
- Compatible with any broker
Settings:
- Number of orders Max - maximum possible number of trades
- FixLot - fixed lot for the first trade
- AutoLot - automatic lot estimation (% of your deposit)
- RsiPeriods - number of past candles the EA uses to analyze price dynamics
- RsiUpLevel - overbought level value
- RsiDownLevel - oversold level value
- K_Period - number of period
- D_Period - period of moving average
- Slowing - parameter of moving average
- Start Time (hour) - start hour to open trades
- Stop Time (hour) - final hour to close trades
Disclaimer:
Before you purchase the Xuanjilong EA, please be aware of the risks associated with Forex trading. Past performance is no guarantee of future profitability.
