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Original website: https://dadforex.com/expert-advisors/golden-dad-ea-expert-advisor-for-mt4/
Original price: $29.00
Your price: $14.00 55% OFF Retail!
Content: Expert: Golden Dad EA.ex4 (Unlocked-Unlimited), NO MANUAL.
Golden Dad EA for Metatrader4 was developed by dadforex.com team. As the name suggests it is intended to trade Gold (XAUUSD) on 1 minute chart. The algorithm of the robot analyzes market data and when certain conditions are met it opens a trade. Every deal is protected by a tight stop-loss, the expert advisor does not use any dangerous strategies like martingale or grid trading, and therefore the risk is well managed.
Golden Dad EA Recommendations & Settings
Broker: IC Markets
Platform: MetaTrader 4
Currency Pairs: GOLD (XAUUSD)
Minimum Deposit: $250 USD
Timeframe: M1
Trading Time: All day
Settings of Golden Dad EA:
FixedLotsSize: Enter a number if you prefer to trade with a fixed lot size.
LotsPerAmount, AmountPerLot: If FixedLotsSize is set to 0, the EA calculates the trading lot. Default is 0.01 for every $500 of account equity.
Change AmountPerLot for different risk levels:
250 = High risk
500 = Medium risk
1000 = Low risk
MinLots: Minimum lot size to trade.
MaxLots: Maximum lot size to trade.
MaxSpread: Set to 30 points (3 pips) by default. The EA avoids opening trades if the spread is too wide.
MyMagicNumber: The unique magic number of the EA. No need to change if trading only Gold.
StartHour, StartMinute: Adjust the start time of trading. It’s recommended to begin 1 hour after rollover to avoid high spreads and stop 30 minutes before the next rollover.
EndHour, EndMinute: Adjust the time to stop trading.
This setup ensures optimal performance, focusing on Gold trades with automatic lot calculations and risk management based on your preferred risk level.