We present to you the latest generation of Auto-Trading Robots exclusively for the Gold market (XAUUSD). This is EA Honey Gold with a unique trading strategy that is programmed to simulate Price Action strategies, price models, and Volume models to execute Scalper trades with high probability.
The EA has Stop Loss, Take Profit, Trailing parameters available to protect the account and optimize performance. Other parameters help you to fine-tune the system to fit your trading plan.
The EA has been optimized for Gold and you only need to use default setting (for Gold XAUUSD with 2 decimal places).
Settings:
Max Spread | = 30 to 50 (Must be higher than the average spread of the pair) |
Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
Auto Lot | = 1.0 to 3.5 (=1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance…) |
Delta Volume | = 100 |
Stop Loss | = 600 (points) |
Take Profit | = 600 (points) |
Trailing | = 10 (points) |
Start Trailing | = 30 (points) |
Max Trades | = 2 |
Slippage | = 9 |
Start Hour | = 1 |
End Hour | = 22 |
Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Pair: XAUUSD. Time frame: M5 or timeframe. Use VPS with low latency (<10ms).
Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $ 300
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Should not use this EA with another EA on the same account. Do not make deposits or withdrawals while the EA has open positions.
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 1900.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 6000 (instead of the default value = 600). Because Point calculation is different with 2 decimal places.
+ The default setting is the recommended setting, but you can still change the parameter values to tweak the system to suit you.