Gold Keeper EA V1.1 MT5

Gold Keeper EA V1.1 MT5: Unlocking the Potential of Gold Trading💫💫

Gold Keeper EA V1.1 MT5 is a powerful expert advisor (EA) designed specifically for trading the XAUUSD (Gold/US Dollar) currency pair. Whether you’re a seasoned trader or a newcomer to the world of forex, this EA offers a strategic approach to maximize your profits.

Recommended Settings

• Minimum Deposit: $300
• Timeframe: M30 (30-minute candlesticks)
• Currency Pair: XAUUSD

Key Features

• Automated trading
• Lot management
• Enhanced positioning features
• Buy and sell at the same time
• Wallet management
• Built-in trendlines, market session times

Strategy

Gold Keeper EA employs a combination of moving averages, RSI (Relative Strength Index), and Bollinger Bands to make informed trading decisions:

1. Moving Averages (MA):
   • The EA uses a dual MA strategy: a fast MA (short-term trend) and a slow MA (long-term trend).
   • When the fast MA crosses above the slow MA, it generates a buy signal.
   • Conversely, when the fast MA crosses below the slow MA, it generates a sell signal.
2. RSI (Relative Strength Index):
   • RSI helps identify overbought or oversold conditions.
   • The EA enters a trade when RSI crosses a predefined threshold (e.g., 30 for oversold or 70 for overbought).

1. Bollinger Bands:
   • Bollinger Bands provide volatility-based signals.
   • The EA enters a trade when the price breaks out of the Bollinger Bands.
2. Risk Management:
   • Gold Keeper EA calculates position size based on account balance and risk percentage.
   • Stop loss and take profit levels are dynamically adjusted to maintain a favorable risk-reward ratio.