Gold Rush Expert Advisor V1.30 MT5: Unlocking Profit Potential💫💫
The Gold Rush Expert Advisor V1.30 MT5 is a cutting-edge trading algorithm designed for traders who demand excellence. Whether you’re a scalper or prefer day trades, this EA has been meticulously engineered for optimal performance.
Recommended Settings
- Minimum Deposit: $500
- Timeframe: 30 minutes (30M)
- Currency Pair: XAUUSD (Gold)
- Minimum Lot Size: 0.01
Key Features
- Strategy: The Gold Rush Expert Advisor operates based on the breakout strategy of resistance and support levels.
- Fully Automatic Mode: It runs seamlessly on a Virtual Private Server (VPS), ensuring uninterrupted execution.
- Real-Tick Testing: The EA has been rigorously tested on real market data.
- Account Type: Requires a Pro account with ECN (Market Execution).
- Preferred Pair: While it can work with any currency pair, XAUUSD consistently delivers the best results.
How the Strategy Works
The Golden Rush EA capitalizes on resistance and support level breakouts. Here’s how it takes trades:
- Breakout Detection: The EA identifies key resistance and support levels.
- Entry Trigger: When price breaches these levels, the EA enters a trade.
- Risk Management: It calculates lot size based on a percentage of your deposit (LotProc) or uses a fixed lot (Lot).
- Pending Order Removal: If a pending order isn’t triggered within a specified time (DTime), it cancels the order.
- Magic Numbers: Each buy (MagicB) and sell (MagicS) deal has a unique identifier.
- Symbol Suffix: Handles symbol suffixes if applicable.
- Account Information Display: You can choose to show or hide account information (ShowAccInfo).
Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!
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