Golden Scalper EA MT4 NoDLL
Strategy Overview
Golden Scalper EA MT4 NoDLL employs a Trend Follow strategy, leveraging the pure price action of the commodity market, specifically targeting gold (XAUUSD). Here’s what you need to know:
- Algorithm: The EA’s specialized algorithm analyzes gold price action and patterns.
- Timeframes: It operates effectively on M15, H1, and other higher timeframes.
- Risk Management: The EA incorporates robust risk management mechanisms to protect your capital.
Key Features
- Scalping Strategy: The EA capitalizes on short-term price movements in the gold market. It aims to swiftly extract profits from intraday fluctuations.
- Money Management System: Set your risk tolerance as a percentage, and the EA will automatically calculate lot sizes based on your account’s free margin.
- Advanced News Filter: Avoid trading during critical news events to minimize risk.
- Time Management System: Configure specific trading hours and weekdays to avoid dangerous periods.
- Friday Exit System: Close all trades on Friday evening at your preferred time.
- Manual Trading Option: The EA provides manual trading buttons (BUY and SELL) for additional flexibility.
Recommended Settings
- Currency Pairs: Focus on XAUUSD (Gold) and other major pairs.
- Minimum Deposit: While the exact minimum deposit isn’t specified, consider starting with at least $200 for effective trading.
- Leverage: Use leverage suitable for your risk appetite and broker requirements.
- Minimum Lots: The EA dynamically adjusts lot sizes based on risk percentage.
How the EA Takes Trades
- Price Action Analysis: The EA identifies gold price patterns.
- Trade Execution: Based on historical patterns, it enters trades.
- Risk Control: The EA manages risk through stop loss and take profit levels.
- Real-Time Monitoring: Keep track of trades, equity, and performance.
Download and Community
- You can download the EA from our website: https://mahakaryadigital.com/product/golden-scalper-ea-mt4-nodll/
- Join our Telegram community: https://mahakaryadigital.com
Remember, while the EA automates trading, always stay informed and monitor its performance.
