The AW Gold Trend Trading EA is a fully automated trending expert advisor (EA) that utilizes an active strategy and advanced averaging system. It opens orders based on a trend filter using oscillators to ensure greater signal security. With a simple and clear setup, this EA is suitable for use on any instrument and timeframe.
Advantages of the AW Gold Trend Trading EA
1. Automated system with the ability to add manual orders: The EA allows for both automated trading and the option to add manual orders, giving traders flexibility in their trading approach.
2. Adjustable Overlap Recovery Algorithm: This feature allows traders to recover from drawdowns more effectively by adjusting the overlap between orders.
3. Ability to trade in one or both directions: Traders can choose to trade only in one direction or enable trading in both directions, depending on their trading strategy.
4. Uses averaging when moving in the opposite direction: The EA incorporates averaging techniques to help manage trades when the market moves against the initial position.
5. Pluggable automatic volume calculation: Traders can customize the volume calculation method to suit their risk management preferences.
6. Adjusting the timeframe for a trend indicator: The EA allows traders to adjust the timeframe for the trend indicator, providing flexibility in analyzing market trends.
7. Built-in ability to send all types of notifications: Traders can receive notifications through various channels, including email, push notifications, and alerts, keeping them informed about trading activities.
MT5 version -> [HERE / Problem solving -> HERE]
Input Variables
MAIN SETTING
Size of the first order: Volume of orders to open
Enable Autolot calculation: Use automatic lot calculation
Autolot deposit per 0.01 lots: The amount of the deposit, which will account for one “Size of the order” when using autolot
SIGNALS
Period for trend indicator: The period of the indicator, affecting the sensitivity of the indicator signals
Timeframe for trend filtering: Select a timeframe for signal filtering to reduce market noise
Period first oscillator: The period of the main oscillator, affecting the accuracy of the signals
Period second oscillator: The period of the additional oscillator, affecting the accuracy of the signals
Use signals at the close of the candle: Choose to use signals on the current or last candle
Upper Border Oscillators: When this level is crossed, the EA opens the first order of the Sell basket
Lower Border Oscillator: When this level is crossed, the EA opens the first Buy order
GRIDS SETTINGS
Multiplier for size of orders: Multiplier for orders in the basket
Step for grids: Step in points between orders in the basket
TAKE PROFIT SETTINGS
Size of Virtual TakeProfit (In Points): TakeProfit size in points
Use overlap last and first orders: Use overlap of the first order by the last one
Use overlap after that number of orders: Use the overlap of the first order with the last one after the given number of open orders
PROTECTION SETTINGS
Maximum slippage in points: Maximum allowable slippage in points
Maximum spread in points: Maximum allowable spread in points
Maximum size of orders: The maximum allowable volume of one order in lots
Maximum number of orders: Maximum number of open orders
Open only 1 order per candle: Open only one order per candle
ADVISOR SETTINGS
Orders magic number: MagicNumber of EA orders
Comments of the EA’s orders: Commentary on EA’s orders
Allow to open OP_BUY orders: Allow sending OP_BUY orders
Allow to open OP_SELL orders: Allow to send OP_SELL orders
Allow to open new orders after close: Allow to send new orders after all orders are closed
NOTIFICATIONS SETTINGS
Send push notifications when closing orders: Notifications when closing orders to the mobile version of the terminal
Send mails when closing orders: Emails when closing orders to the user’s address
Send alerts when closing orders: Pop-up notifications when closing orders on the user’s terminal
GRAPHICS SETTINGS
Show panel of advisor: Show or not show the advisor panel
Contact support to ask questions. Write to our AW Trading team -> [email protected]
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Note: This is an independent product review. The text is written in the third person and does not indicate ownership or affiliation with the product.
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