The forex market is a vibrant, fast-paced environment where fortunes are made and lost in an instant. It’s a market that requires sharp analysis, keen intuition, and the right tools to succeed. One tool that has been making waves in this market is the Price Action Gold MT5.
This is a progressive Expert Advisor (EA) that has been designed to revolutionize the way gold is traded on the forex market. With a history rooted in trading and programming since 2004, the creators of Price Action Gold MT5 have developed an EA that is unrivaled in its capabilities.
The Strategy behind Price Action Gold MT5
Risky strategies such as grid trading, martingale, loss wagering, and others have been entirely discarded in the creation of Price Action Gold MT5. Instead, the EA uses a classic trade strategy based on the analysis of 10 basic indicators. Each order is opened with a fixed Stop Loss and Take Profit level, thereby reducing the risk of substantial losses.
The EA comes with a flexible risk management function. By adjusting the Auto lot from 0.01 to 0.1 for every 1,000 trading balance, traders can adjust the risk from minimal to extreme. This flexibility allows the trader to increase the lot size in proportion to the growth of profit on the account.
Operational Parameters of Price Action Gold MT5
The Price Action Gold MT5 comes with various operational parameters that provide an edge in forex trading. These include a Magic number which is a unique order number, Type Trade, an option for choosing the type of order (Buy/Sell/All), and Trailing Profit and Trailing offset.
It also includes an Auto Lot size function for activating the Auto lot, allowing the lot to increase in proportion to the size of the account Balance. Other parameters include Maximum log size, a function for closing open orders at 22:00, and a panel activation function on the chart.
Trading with Price Action Gold MT5
Price Action Gold MT5 uses the H1 timeframe and requires a minimum deposit of $100 for 0.01 lot size. The EA is compatible with any broker that offers a minimum or floating spread and 2 digits after the dot.
Availability and Pricing
The Price Action Gold MT5 is available for purchase, with only a few copies left at the discounted price of $650. The regular price is $1250. The purchase includes the EA for life and free updates. The price will increase as the availability reduces, with only 50 copies set to be sold on MQL5.
FAQ
What is the Price Action Gold MT5? The Price Action Gold MT5 is a progressive Expert Advisor designed to change how gold is traded in the forex market.
What strategy does it use? It employs a classic trade strategy based on the analysis of 10 basic indicators.
How much does it cost? The discounted price is $650. The regular price is $1250.
Independent testing of this product can be viewed on forexroboteasy.com. Subscriptions for updates on the product testing results are also available on the site. Readers are invited to share their experiences using the Price Action Gold MT5. This review is independent, and the product is not affiliated with the reviewer.
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