GOLD EAGLE is a scalp strategy ideal for a Trending market, which takes up to 50-90% of the time.
The GOLD EAGLE EA is optimized for the xauusd (GOLD) pair. This is a trend Trending strategy using the inbuilt indicator and high wired financial Ai as an input signal.
The EA opens the first order at the signal of the indicators and fixes the profit at a given level,the ea does not inplement martigal, it opens one trade per time and uses tight stop losses to manage the account,
A series of orders always closes at a profit thanks to the built-in DrawDown Reduce function, which closes the most unprofitable and most profitable orders in the series at the common profit point.
All trades opened by the trader automatically will be closed with a profit using the DrawDown Reduce Function settings. This function will automatically close the most unprofitable and the most profitable orders in the series reducing the drawdown on the account
Advantages of GOLD EAGLE:
You get profit from trading every day
It can work with other EAs and trading systems
The EA allows the trader to open trades manually.
All trades, opened through the trading ea, are managed by the EA and are closed with profit automatically
How to set up GOLD EAGLE:
Simply add the EA to the xauusd H4 chart and activate the auto-trading function in the Expert Advisor and in the MetaTrader terminal
Make sure your VPS and internet connection are stable
Use leverage from 1:500 and more
Low spread brokers are recommended
Minimal amount Deposit: 1000 dollars for 0.1 or cents (for cent accounts) 0r 5000 usd for 1 lot or 100 usd for 0.01
How to test the GOLD EAGLE EA:
Before testing, make sure that there is a quote history for the XAUUSD symbol
Since the EA trades at the every tick prices, use the every tick value
How to avoid unpleasant market fluctuations:
To filter strong trend price fluctuations, the EA has a Higher Time Frame filter, it allows new trades to be opened only if the signal of the current period coincides with the trend of the older period
Historical data does not guarantee that you will get the same profit in the future If you follow the rules of reasonable money management and hedge your risks, you will get a stable profit on the Forex market
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