Gold Rush Catcher EA for MT4
Overview
The Gold Rush Catcher EA is an automated trading robot specifically adapted to withstand the high volatility conditions typically seen in gold markets. It operates on the MetaTrader 4 (MT4) platform and follows a fully-automatic mode on a VPS server. Let’s dive into the specifics:
- Strategy: The EA relies on resistance and support level breakouts.
- Recommended Currency Pair: While it can work with any pair, the XAUUSD pair tends to yield the best results.
- Minimum Deposit: To ensure correct operation, a Pro account with ECN – Market Execution is necessary.
Key Parameters
Here are the critical parameters you need to know:
- LotProc: Represents the deposit percentage lot.
- Lot: Allows you to set a fixed lot size.
- DTime: Determines the pending order removal time if not triggered (calculated based on the current timeframe in bars).
- MagicB and MagicS: These identifiers differentiate buy and sell deals.
- SymbolSuffix: Specify the symbol suffix if applicable.
- ShowAccInfo: Toggle to show or hide account information.
How the EA Takes Trades
The Gold Rush Catcher EA identifies potential trading opportunities based on the following principles:
- Resistance and Support Breakouts: When price breaches significant resistance or support levels, the EA triggers trades in the direction of the breakout.
- Volatility Adaptation: The EA is optimized to handle gold’s inherent volatility, making it suitable for XAUUSD trading.
- Real-Tick Testing: The EA has been rigorously tested on real ticks to ensure robust performance.
Disclaimer: Trading involves risk, and past performance does not guarantee future results. Always conduct thorough research and consider professional advice before making any investment decisions. Remember, while past performance is indicative, the future is where the real potential lies. Experience the benefits of the future today.
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