GOLD EAGLE is a swing strategy that is for the market in flat, which is 80-90% of the time. The GOLD EAGLE Expert Advisor is optimized for the XAUUSD (GOLD) pair.
This is a trend scalping strategy using the TrendLine PRO indicator as an input signal.
The Expert Advisor opens the first order at the signal of the indicator and fixes the TP at a given level, but if the price does not reach the TP level and rolls back, an additional order is automatically opened averaging the level of the total TP, making it closer to the entry point.
The trading panel of the robot allows you to open orders manually by the user. The adviser will integrate them into the system of a series of orders and close them as his own with a common TP.
Signal: https://www.mql5.com/en/users/neurofx/seller
How to set up GOLD EAGLE:
Just add an Expert Advisor to the XAUUSD M15 chart and activate the auto-trading function in the Expert Advisor and in the Meta Trader terminal
To activate the news filter, you need to add the website address in the Meta Trader settings, more about this is described: https://www.mql5.com/en/blogs/post/746953
For the smooth operation of the adviser, it is necessary to use a permanent Internet connection and VPS
Use only a hedge account and leverage from 1:200 and more
Brokers with a low spread are recommended Minimum deposit: $1,000 or cents for cent (micro) accounts
GOLD EAgle v4.9 for XAUUSD, Gold Traders
This trading indicator may be suitable for traders using MetaTrader for XAUUSD, Gold. Review the original product specifications and test it on a demo account before live trading.
Product Information
- Platform: MetaTrader
- Product type: Trading Indicator
- Suitable markets: XAUUSD, Gold
- Trading approach: Scalping, Hedging, Trend, News Trading
Important Trading Notice
Automated trading and Expert Advisors involve financial risk. Test all settings on a demo account first. Past performance does not guarantee future results.
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