PA Gold Trader is an Expert Advisor specifically designed to trade the Gold market on the daily charts.
It is made very simple, so you do not have to change or optimize any parameters.
It enters trades based on price action patterns (pinbars, inside bars and breakouts).
All trades are protected with stop loss.
This is an excellent EA if you only have a small account: you can use this EA starting with only $100.
With the AutoLotSize option, you can use this EA to trade very aggressively with potentially high efficiency.
Key Advantages of the EA
- No martinginale or grid.
- Always using stop loss to protect capital.
- Very user-friendly! No parameters to optimize!
- Works for ALL years SINCE 2000 with one setting!
- Very good Risk/Reward ratio.
- Based on true Price Action signals on daily charts.
- No scalping, no hedging.
- Low drawdown.
- Slippage or spread size does not really matter.
- Works on all brokers ("NY close" is advised).
- Never need to optimize!
- Works on very small accounts (as little as $100).
Adjustable Parameters
- AutoLotSize - if set to true, the EA will automatically set the lot size based on the account size, LotSizeStep and StartLots.
- LotSizeStep - if using AutoLotSize, the EA will use this setting to determine the lot size as follows: lot size = StartLots X (account balance/LotsizeStep).
- StartLots - the lot size you want to use.
- OnlyUp - when set to true and AutoLotSize is on, the EA will never lower the lot size after losses (this is for very aggressive trading only!).
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