Recruitment of participants Gold Coin M5 EA V3.5 MT4 (no DLL)

Discussion in 'Expert advisors, trading robots, MT4 experts' started by Dron, 31 May 2024.

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  1. Dron

    Dron Well-Known Member
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    #1 Dron, 31 May 2024
    Last edited: 15 August 2024
    Gold Coin M5 EA V3.5 MT4 (no DLL)
    Build 1420+

    gold-coin-m5-logo-200x200-8099.png

    Gold Coin M5 is an automated trading robot designed to trade the gold market (XAUUSD) using the M5 period. This robot is designed for traders who want to trade automatically on short-term time intervals (scalping).

    Peculiarities:

    Scalping strategy: The robot uses a scalping strategy based on instant entry and exit from positions based on short-term price movements.
    Optimized for XAUUSD on M5: The XAUUSD Scalper is specifically tuned to trade the XAUUSD pair on the M5 time frame, allowing it to maximize opportunities in the gold market.
    Minimum Balance: The recommended minimum balance for trading with the robot is $1000. This level of balance provides sufficient margin to manage risks and allows the robot to operate effectively on short-term time frames.
    Ease of Use: XAUUSD Scalper is easy to install and configure on a trading account, making it accessible to a wide range of traders, both beginners and seasoned professionals.

    Trading recommendations:

    trading on XAUUSD
    M5 timeframe
    minimum initial balance from $1000
    in XAUUSD quotes there are 2 digits after the dot.
    ECN account type.
    You can trade on PC and VPS
    The robot was tested on FXopen broker accounts.



    Robot settings:

    • Search_trend_bar - in this parameter we indicate the number of bars on which we determine the price movement trend. By default, the trend is determined on the last 50 bars. This is necessary in order to open trades in the direction of the trend.
    • iADX_M5, iADX_M15, iADX_H1 - these are the periods of the iADX indicator on different timeframes to determine the trend. The trend is determined on 3 timeframes at once.
    • Step - the distance at which pending orders will be placed from the current market price.
    • Acceleration - determining the trading impulse to open an order. The robot determines the trend in the market, and then waits for a sharp impulse in the direction of the trend. Momentum is determined using tick volume. This parameter indicates the strength of the impulse for more accurate entry into the market.
    • TrailingStop - trailing stop size in points.
    • Mult_Profit - order profitability coefficient, upon reaching which the robot will close all open orders. Indicated as the relationship between a trading lot and the current profitability of all open orders. With a value of 300 and a lot size of 0.02, the robot will close all open orders if the total profit on them is 6 dollars. 0.02 multiplied by 300.
    • Mult_Loss - loss ratio of all open orders. Indicated as a proportional relationship between lot size + profitability ratio + current profit of open orders. When open trades reach a loss equal to this coefficient, the robot will close all trades.
    • Distance - distance between open orders. This indicates the minimum distance between open orders. Indicated in points. To prevent the robot from opening orders too close to each other.
    • Coin_Step_Trade - trailing stop correction coefficient based on the efficiency of the open series of orders.
    • StartLots - starting lot size. When the robot is first launched on the chart, it remembers the current balance size and the starting lot size. Then, with each doubling of the balance size, the robot will increase the lot size by 1.2, or if the balance decreases, it will reduce the lot size.
    • Average_spread - we indicate to the robot what the average spread for the XAUUSD pair is from our broker, so that the robot can optimize its work based on this data.
    • Magic is a unique magic number.
    gold-coin-m5-screen-7335-preview.jpg

    Build 1420+
    NoDLL/Unlimited

     
  2. Dron

    Dron Well-Known Member
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    new Price: 12$
     
  3. seed_cadet

    seed_cadet New Member

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    This EA is very good in live account with ICMarkets broker. If there is decompiled source code, I would like to join
     
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