AU Gold mt5

The AU Gold MT5 is a forex trading software that leverages the power of logarithmic cycles to enhance trading outcomes. By incorporating weekly cycles, the software provides traders with an opportunity to determine the most profitable side of the market to open a position.

Understanding the Role of Logarithmic Cycles in Forex Trading

Logarithmic cycles play a pivotal role in forex trading. They are instrumental in determining the intermediate trends in the market, thereby helping traders make informed decisions. The AU Gold MT5 employs the ten-day cycle alpha and beta for a more accurate determination of open positions.

Integration of Elliott Wave Theory and Fibonacci Numbers

One of the standout features of AU Gold MT5 is its integration of Elliott Wave Theory and Fibonacci numbers. This unique combination allows the software to determine possible correction levels and price points by altering the ratios between different waves. This is particularly beneficial in currency trading where market trends frequently fluctuate.

Elliott Wave Theory suggests that a complete bull market cycle comprises of eight waves – five waves of growth followed by three waves of decline. The theory also indicates that a correction always consists of three waves. The AU Gold MT5 uses this principle to predict the market trends effectively.

Trading with AU Gold MT5

The AU Gold MT5 is designed for long-term trading. It operates best with the XAUUSD (GOLD) symbol and works efficiently with Classic, ECN, and PRO type of accounts. The software requires a leverage of 1:20 or higher and operates on an H1 timeframe. The minimum recommended deposit is $100. The software is also compatible with other Expert Advisors (EAs).

Where to Find AU Gold MT5

Traders can find the original AU Gold MT5 software only on the mql5.com website. It is advised to be cautious of fake versions circulating on the internet that do not replicate the strategy of the EA.

FAQs

Does AU Gold MT5 guarantee future profitability?

While AU Gold MT5 uses advanced trading strategies, it does not guarantee future profitability. Past results are no assurance of future gains. The software may also incur losses.

Can I watch independent testing of AU Gold MT5?

Yes, independent testing of AU Gold MT5 is available on the forexroboteasy.com website. Traders can also subscribe to updates on the results of testing this product.

Can I share my experience of using AU Gold MT5?

Yes, users are encouraged to share their experiences of using AU Gold MT5. Your insights can be valuable to other traders.

Please note that this is an independent product review. The text is written in the third person and does not contain the words “our” or “my” product.