The Power of Gold

INSTANT DOWNLOAD!

Original price: $99.00

Your price: $18.00   82% OFF Retail!

Content: Expert: The Power of Gold MT4_fix.ex4 (Unlocked-Unlimited), Indicator: LP_entry.ex4, SetUp, NO MANUAL.

 

The Power of Gold Expert Advisor

Navigate the gold market with precision and confidence using The Power of Gold EA — a cutting-edge trading system designed to offer traders a reliable, secure, and highly adaptable solution for XAUUSD (Gold) trading.

Setup and Requirements

• Symbol: XAUUSD / GOLD

• Timeframe: M30 / H1

• Setfile: Required for optimal performance (please PM after purchase to receive)

• Brokers: Compatible with any broker

• Minimum Deposit: $500 (high risk)

• Recommended Deposit: $1,000 (medium risk)

• Account Type: Standard with leverage 1:500

Key Expert Inputs and Features

1. Manage Open Positions

• Period in bars: Number of bars to analyze for historical price data before making decisions.

2. Manage Lot and Money

• Lot Type: Choose fixed or auto lot sizing.

• AutoLot: Automatically calculates lot size based on specified money to manage (e.g., balance $5000, money to manage $1000 → Autolot = 0.05).

• Start Lot: Initial lot size if Autolot is false.

• Coefficient Multiplier for Martingale: Lot size multiplier for Martingale scaling (default 4).

• Coefficient Multiplier Manual Lot Step: Multiplier for manual lot adjustments.

• Maximal Lots: Maximum lot size per trade.

• Maxtrade: Maximum simultaneous trades allowed.

3. Manage GRID

• Step (pips): Distance between opening new positions.

• Expanding Step Coefficient: Multiplier to increase distance for subsequent grid orders.

4. Manage SLTP (Stop Loss & Take Profit)

• Use Stoploss/Take Profit: Enable or disable SL and TP (set in pips).

• Stop Loss: 0 means no stop loss.

• Take Profit: 0 means no take profit.

5. Manage Trailing

• Averaging Trailing (pips): Trailing stop distance.

• Trailing Start (pips): When trailing begins.

• Trailing Size (pips): Incremental trailing step.

6. Manage Break Even

• Use Break Even: Enable break-even feature.

• Break Even Start (pips): When break even activates.

• Break Even Step (pips): Distance step for break even adjustments.

7. Manage Drawdown Reduction

• Auto Close Partial: Enables partial closing to reduce drawdown.

• Close Partial Methods: Multiple strategies for partial closing buy/sell positions (close by far loss, partial by profit, combined methods).

• Minimum Open Positions to Activate: Number of open trades to trigger partial closing.

• Partial Close Percentage (%): Portion of lots to close partially.

• Min Profit to Close: Minimum profit required to trigger partial closing.

8. Manage News Trading

• Stop Trade by News: Enables news filter to avoid trades around high-impact news.

• Show News Only This Chart Currency: Filters news display for current symbol only.

• News Importance Levels: High/Medium/Low classifications with color codes.

• Stop Trade Before/After News (seconds): Set pre/post news no-trade intervals.

• Show Timer Before/After News: Visual countdown timers for news events.

• News Update Frequency: Interval for news refresh.

9. Manage Others

• Max Spread (pips): Maximum allowed spread for trade execution.

• Magic Number: Unique EA identifier for managing trades separately from others.

Why Choose The Power of Gold EA?

• Designed specifically for the volatile and lucrative gold market.

• Supports advanced risk management including Martingale and Grid strategies with customizable controls.

• Includes a robust news filter to avoid trading during high-risk events.

• Highly flexible settings to fit various trading styles and risk appetites.

• Compatible with any MT4 broker offering gold trading.

For optimal results, please request the official setfile after purchase. Ready to start trading gold like a pro?