Follow GOLD EA MT4
Overview
The Follow GOLD EA MT4 is an innovative MQL4 expert advisor developed by a team of experienced traders with over 5 years of trading expertise. It aims to transform trading with the prestigious XAUUSD pair (Gold). Here’s what you need to know:
Key Features
- Trend-Following Strategy:
- The EA follows the trend of the XAUUSD pair.
- Calculates the lot size based on a chosen risk percentage.
- Risk Management:
- Every trade’s lot size is recalculated to protect the balance and achieve significant profits.
- Adjusts the Stop Loss and Take Profit to the client’s preference.
- Built-In Autolot Function:
- Dynamically adjusts the lot size based on market conditions.
- Helps optimize risk management.
- News Filter:
- Avoids trading during high-impact news events.
- Ensures stability during volatile market periods.
Strategy
- Entry Position:
- The EA identifies entry points using its proprietary strategy.
- Trades are executed based on trend-following principles.
- Timeframe:
- Recommended timeframes: H1 or H4.
- Currency Pair:
- Trade exclusively on XAUUSD (Gold).
- Minimum Deposit:
- Start with a minimum deposit of $1000.
- Account Type:
- Use ECN, Raw, or Razor accounts with very low spreads.
- IC Markets is recommended for its low spreads.
- Server Time Adjustment:
- If your broker has a different server time, make minor adjustments to the time settings.
- VPS Usage:
- Highly recommended to use a VPS for 24/7 operation.
Download and Installation
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- Free Download: You can download the Follow GOLD EA MT4 from our website:https://mahakaryadigital.com/product/follow-gold-ea-mt4/
Join Our Community
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- Connect with fellow traders and stay updated by joining our Telegram group: https://mahakaryadigital.com Telegram.
Remember, thorough testing on a demo account for at least 60 days is crucial before implementing the Follow GOLD EA MT4 in live trading.
