Description
Golden Strategist EA_MQL4: designed for gold trading (XAUUSD) using a Dynamic Martingale Strategy and filtering trade signals through multiple indicators.
What is Golden Strategist EA (MQL4)?
Golden Strategist EA (MQL4) is an Expert Advisor developed using MQL4 programming language with the Fxdreema tool, allowing developers to freely customize and extend strategies. This EA is specifically designed for gold trading (XAUUSD) using a Dynamic Martingale Strategy and filtering trade signals through multiple indicators to enhance accuracy and minimize risks in volatile markets.
Thank you for reading this post, don't forget to subscribe!🔍 EA Structure Trading System (Buy/Sell):
- Uses the “Once per bar” condition to prevent repeated order execution within the same candlestick.
- Implements Custom MQL Code to control the system’s operations and set trading conditions.
Dynamic Martingale System:
- Opens new orders only when ADX shows no trend, with Stochastic used for signal filtering.
- Filters market spikes using ATR to prevent losses during high volatility.
Automatic Order Closing System:
- Utilizes “Check trades count” and “Check profit (unrealized)” to monitor orders and manage unrealized profits and losses.
- Employs “Close trades” and Custom MQL Code to efficiently close positions quickly and accurately.
🌟 Key Features of Golden Strategist EA (MQL4)
- Customizable MQL4 Code: Ideal for developers seeking to add functionalities or adapt strategies to their trading style.
- Dynamic Martingale Strategy: Reduces risks by opening recovery trades only when the market shows clear signals.
- Automated Risk Management: With Autolot system that calculates lot size automatically based on the account size.
- Optimized for Gold Trading (XAUUSD): Combines indicators like MACD, Envelope, Parabolic SAR, DeMaker, and EMA Super Trend for maximum efficiency.
💼 Technical Information
- Recommended Initial Capital: $100 USD (Cent) or $10,000 USD (Standard)
- Lot Size Management: Autolot (Automatic lot size calculation based on capital)
- Order Closing System: Pip as Position Close ALL, Cutloss
- Trading Symbol: XAUUSD (Gold)
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Always perform a Backtest using Tick Data 99.9% before using the EA in a live environment.
- Start with a Demo Account to fully understand how the EA operates.
- Trading in the Forex Market and using the Martingale Strategy involves high risk; manage your risk carefully.
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Golden Strategist EA, MQL4, Expert Advisor, Dynamic Martingale, Heiken Ashi, MACD, Parabolic SAR, DeMaker, EMA Super Trend, XAUUSD Trading, Forex Trading, MetaTrader 4
