GoldenBot is a diversified portfolio of heterogeneous trading platforms that exchange gold. many gold-focused trading systems are either purely trending or counter-trending. hence, they perform well only in certain stages of the market. This expert Advisor carries a set of equally trend and countertrend systems and thus represents an “all-weather” portfolio to get gold trading. the effectiveness of the system is confirmed by the results of real trading (see details in the Telegram channel in the link below).
tracking: https://www.mql5.com/ru/signals/827470
Telegram: https://t.me/accurateEAs
dealing timeframe-M1 (1-minute)
Minimum balance: from$100
The default configurations for XAUUSD (GOLD)
MT4 version: https://www.mql5.com/ru/market/product/55328
MT4 version: https://www.mql5.com/ru/market/product/55328
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Requirements:
- Hedging account
- Good ECN broker with low Commission and spread
- It is highly recommended to use a VPS
Advantages:
- The system contains 3 strategies with low correlation (daily breakout, intraday breakout and return strategy)
- Long-term robot: no dangerous money management methods are used (such as grid or martingale, which can drain your account in a short time). Each trade is protected by a stop loss
- Tests on real tick data, variable spread and delay.
- High values of mathematical expectation, profit factor, recovery factor (on backtests and in real trading)
- The expert Advisor is very easy to set up and use
How to install:
- Open an empty XAUUSD chart, go through all timeframes from MN (monthly) to M1 (1-minute) to load historical data
- Attach the EA to the XAUUSD M1 chart
- Make sure that there are no errors in the logs on the experts tab
How to install:
- Open an empty XAUUSD chart, go through all timeframes from MN (monthly) to M1 (1-minute) to load historical data
- Attach the EA to the XAUUSD M1 chart
- Make sure that there are no errors in the logs on the experts tab
IMPORTANT: pay attention to the GMT settings! In order to get correct results, you must set them correctly according to your broker’s GMT
Parameters:
- Fixed Order Size – fixed trading lot
- Enable AutoLot is to use automatic lot calculation
- Balance For Every 0.01 Lots – the balance that will be used for every 0.01 lots (automatic lot size based on the balance)
- Max Risk Per Trade – auto MM based on the StopLoss and the size of the Deposit. For example: if the value is 5, closing a trade with a stop loss will result in a loss of 5% of the balance
- Maximum LotSize – the maximum allowed trading lot
- GMT Offset Auto – if set to true, the EA will automatically find the GMT offset. You must allow requests to https://www.worldtimeserver.com
- GMT Offset Manual – your broker’s time zone (in winter)
- Adjust DST Manual – your broker’s DST
- Maximum Spread – maximum allowed spread, pips
- Maximum Slippage – maximum allowed slippage for instant accounts, pips. Increase it to avoid re-quotes and off-quota
- Disable NY Holidays–disable trading for a certain number of days before / after the new year holidays
- Trade Direction – you can choose long and / or short
- Monday Trading – on / off trading on Monday
- Tuesday Trading – on / off trading on Tuesday
- Wednesday Trading – on / off trading on Wednesday
- Thursday Trading – on / off trading on Thursday
- Friday Trading – on / off trading on Friday
- Friday Exit-set to true if you want to close all trades on Friday
- Friday Exit Hour-the robot will close all open positions at this hour on Friday
- Take Profit / Stop Loss–take profit / stop loss
- TP/SL Expressed-select the TP/SL calculation method: In Pips or In % ATR–the value of the volatility indicator expressed as a percentage of the average true range (ATR)
- Trailing SL-trailing stop in pips
- Trailing SL Start – when to start trailing, pips
- Level Offset-allows you to adjust the offset of support/resistance levels (breakouts only).
- Max Holding Time – max. the position holding time – maximum number of bars between the open position and its full closure
- Magic Number – a unique identifier for the EA’s orders
- Order Comment-comment on the EA’s orders
- Enable Daily Breakout / Intraday Breakout / reverse Strategy – enable / disable strategies
- Price Channel / Volatility Factor – allows you to adjust the frequency and quality of trading transactions
IMPORTANT: pay attention to the GMT settings! In order to get correct results, you must set them correctly according to your broker’s GMT
IMPORTANT: pay attention to the GMT settings! In order to get correct results, you must set them correctly according to your broker’s GMT
Parameters:
- Fixed Order Size – fixed trading lot
- Enable AutoLot is to use automatic lot calculation
- Balance For Every 0.01 Lots – the balance that will be used for every 0.01 lots (automatic lot size based on the balance)
- Max Risk Per Trade – auto MM based on the StopLoss and the size of the Deposit. For example: if the value is 5, closing a trade with a stop loss will result in a loss of 5% of the balance
- Maximum LotSize – the maximum allowed trading lot
- GMT Offset Auto – if set to true, the EA will automatically find the GMT offset. You must allow requests to https://www.worldtimeserver.com
- GMT Offset Manual – your broker’s time zone (in winter)
- Adjust DST Manual – your broker’s DST
- Maximum Spread – maximum allowed spread, pips
- Maximum Slippage – maximum allowed slippage for instant accounts, pips. Increase it to avoid re-quotes and off-quota
- Disable NY Holidays–disable trading for a certain number of days before / after the new year holidays
- Trade Direction – you can choose long and / or short
- Monday Trading – on / off trading on Monday
- Tuesday Trading – on / off trading on Tuesday
- Wednesday Trading – on / off trading on Wednesday
- Thursday Trading – on / off trading on Thursday
- Friday Trading – on / off trading on Friday
- Friday Exit-set to true if you want to close all trades on Friday
- Friday Exit Hour-the robot will close all open positions at this hour on Friday
- Take Profit / Stop Loss–take profit / stop loss
- TP/SL Expressed-select the TP/SL calculation method: In Pips or In % ATR–the value of the volatility indicator expressed as a percentage of the average true range (ATR)
- Trailing SL-trailing stop in pips
- Trailing SL Start – when to start trailing, pips
- Level Offset-allows you to adjust the offset of support/resistance levels (breakouts only).
- Max Holding Time – max. the position holding time – maximum number of bars between the open position and its full closure
- Magic Number – a unique identifier for the EA’s orders
- Order Comment-comment on the EA’s orders
- Enable Daily Breakout / Intraday Breakout / reverse Strategy – enable / disable strategies
- Price Channel / Volatility Factor – allows you to adjust the frequency and quality of trading transactions
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