EA Taurus Gold, a specialist in the field of Gold trading, has developed an effective method of analyzing the gold market using the 15-minute chart. This expert trading software has been designed to maximize profits for traders with accounts of different sizes.
Gold Market Analysis and Trading Strategies
EA Taurus Gold employs both technical and fundamental analysis to determine the most lucrative entry and exit points for trades. This involves scrutinizing market indicators and charts, as well as keeping abreast of news and economic events that could affect gold prices.
Being a disciplined trader, EA Taurus Gold has integrated a risk management strategy that utilizes stop-loss orders to minimize potential losses. This prudent approach enables the software to consistently generate profits in the volatile gold market.
Trading Parameters
The software has specific parameters for accounts of different sizes. For a 5k account, the Distance Pip, which is the gap between trades, can be set at 250 or higher. The High Value, which is a measure of the distance from the Ema 100 to open the first trade, can be set at 500 or higher.
For a 1k account, the Distance Pip can be set at 500 or higher, while the High Value can be set at 1500 or higher. The Reserve circulation feature operates on Ema 300, further enhancing the softwareโs trading potential.
Additional Expert Option
In addition to the primary expert trading on the 15-minute chart, EA Taurus Gold has developed a second backup expert that operates solely on the 1-hour timeframe. This added flexibility allows for a wider range of trading strategies and options. The second backup expert is limited to the H1 timeframe but utilizes the same analysis methods to identify profitable opportunities.
How to Use EA Taurus Gold
To use EA Taurus Gold, first open the H1 chart and adjust the expert settings, followed by changing the magic number. Then, open the M15 chart and assign another number for the magic. The software can be used either automatically or manually. For manual trading, measure the distance from EMA 100 to the resistance or support and set the appropriate value.
FAQs
Q: Is EA Taurus Gold guaranteed to generate profits?
A: While EA Taurus Gold is a sophisticated trading software, it does not guarantee profits. The forex market is unpredictable and even the most advanced systems can incur losses. Therefore, itโs essential to thoroughly test and evaluate any EA before using it with real money.
Q: Where can independent testing of this product be found?
A: Independent testing of EA Taurus Gold can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.
We invite all users of EA Taurus Gold to share their experiences with this software. This review is an independent evaluation of the product and is not affiliated with the developers of EA Taurus Gold.
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