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Expert: Gold Hunt EA_fix.mq4 (Unlocked – Source Code), NO MANUAL.
Gold Hunt EA is a sophisticated Hedging Expert Advisor specifically designed for trading XAUUSD (gold). With advanced features and a focus on precision, this EA is crafted to enhance your trading experience while maintaining prudent risk management. Unlike riskier strategies, Gold Hunt EA avoids using the martingale approach, ensuring more controlled and reliable trading.
Key Features and Benefits:
No Martingale or Grid Trading: The EA operates without relying on risky martingale or grid strategies, focusing on more reliable and steady risk management.
Stop-Loss Protection: Each trade is protected by a stop-loss feature, which helps in managing potential losses and preserving capital.
Auto Lot Function: The EA automatically adjusts lot sizes based on the account balance, optimizing position sizing and risk exposure.
Suitable for Scalping: It is designed to take advantage of small, short-term price movements in the gold market, making it a suitable tool for scalping.
Advanced Risk Management: Gold Hunt EA incorporates sophisticated risk management strategies, often used by hedge fund managers, to mitigate potential losses.
Recommendations:
Currency Pair: XAUUSD (Gold)
Timeframe: 1-Minute (M1) for quick scalping trades
Minimum Deposit: $300
Account Type: ECN, Raw, or Razor with very low spreads
Broker Recommendations: IC Markets, Pepperstone (for Raw and Razor accounts for the lowest spreads)
Important Notes:
Low Spreads are Critical: For the best performance, using accounts with very low spreads is crucial.
VPS for 24/7 Trading: Since this EA operates continuously, it is highly recommended to use a VPS for uninterrupted trading.
Specifications:
No Martingale or Grid
Stop-Loss Protected Trades
Automatic Lot Sizing
Optimized for Scalping with XAUUSD (Gold)
Requires VPS for 24/7 operation
Backtest Results:
Backtest results are available in the comment section, which can provide you with insight into the EA’s historical performance and profitability.
By incorporating Gold Hunt EA into your trading strategy, you can experience precision and efficiency in gold trading, making it easier to navigate the fast-paced world of scalping with advanced risk management features.