Gold Fox

Welcome.

Gold FoX – iMPLUSE is my third work with neural networks that specializes in GOLD (XAUUSD) trading.

The strategy is different than the other two Projects Gold Stallion and Gold Kangaroo.

Having all three ,i believe it is a great arsenal in the difficult gold trading battlefield.

?  The EA has developed two different strategies that searching for IMPULSES.Then, based on the strategy,the EA manages the trades.

? There is an option for CONSERVATIVEtraders to :DISABLE the second strategy OR make it create less trades. 

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(The EA runs in 30M and in 1H chart at the same MT4 account)

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Recommendations:

• 1H TF and 30M (For more FREQUENT TRADING) chart.

• 1200$ – 1500$  for DEFAULT settings.

• Symbol:Only GOLD / XAUUSD.

• Leverage: 300:1 or higher

Inputs:

• Starting Lot:The Starting lot size of the auto mode.

• Multiplier:This is the Multiplier .If you do not want the EA to multilpy the size,please set it to 1(Not recommended though)

• Stop Loss:The stop loss.

• Max Lot Martingale:The max lot size a position can reach.

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• Distance in pips between trades:The minimum distance between the trades,AFTER THE FOURTH TRADE.

• Max Sells:The max sells.

• Max Buys:The max buys.

• TP for 1st position in pips:The TP in pips only if there is one position open.

• Close all when loss…:When equity loss reaches the X value the positions will close

• Enable overlap close(1st strategy) after X positions:After how many positions only for the 1st strategy you want the EA to enable the overlap system(Close a loosing one with a profitable one)

• Second Strategy(set 50-300)Higher=Less Trades)/Disable=9999: This is the second strategy.It runs with default.If you increase the value (60-70-80…300) it will make less trades.

IF YOU WANT TO DISABLE IT,SET IT AT 9999.

• TP in Money with BB for second strategy.(emergency):With this input the second strategy takes profit either with the general TP function OR using bollinger bands considering that the TP in money is met.(e.g if the profit is 10$ and the price is above or below BB ,the EA will close positions.)

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