Price Action Gold EA is an elite advisor that changes the way you trade Gold, the most popular instrument on the Forex market!
Using our experience in trading and programming since 2004, the Price Action Gold EA advisor is designed to change your trading path.
The robot has undergone many years of testing and is able to adapt to dynamic market changes.
When creating Price Action Gold EA, we abandoned all risky strategies such as grid, martingale, loss recovery and others.
The advisor strategy is a classic trading based on price action analysis (patterns). Each order has a fixed Stop Loss and Take Profit.
In the advisor settings, you can find a flexible risk management function. By changing the Risk/Profit ratio parameter, you can adjust the risk from minimal to extreme.
Features of Price Action Gold:
The minimum set of parameters does not require optimization.
It is enough to select an acceptable risk and run Price Action Gold on the XAUUSD H1 chart
It is recommended to use risks from Lowest to Medium.
Use only a Hedge account (usual for 99% of brokers), since the robot can open several orders in different directions. BUY and SELL
Trading is carried out with separate orders with a frequency of several transactions per week. A period (several days) is possible when the robot does not make transactions
The robot is compatible with regular brokers and with prop firms (special set file)
Minimum deposit: $300
Price Action Gold parameters:
Magic number – unique order number
Fixed Lot size – fixed lot size
Risk/Profit ratio – function for activating the auto lot. The lot will increase proportionally to the size of the Account Balance
Max orders at the same time – maximum number of orders (strategies) that can be opened simultaneously
Pause to the next day if DD> Max DD – function that stops trading until the next day if the maximum drawdown indicator is reached
Max DD – maximum drawdown indicator (%) from the Deposit of the current account
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