Dark Gold

What is Dark Gold?

Key Features of Dark Gold

• Fully automatic trading on multiple assets including Gold, Bitcoin, EURUSD, and GBPUSD.
• Highly customizable settings to fit individual trading preferences.
• Based on the Dark Support Resistance indicator, which can be obtained for free upon purchasing the EA.
• Supports both trend-following and counter-trend strategies.
• External settings for easy customization.

Recommendations for Using Dark Gold

• Recommended timeframes: M5, M15, H1, and others with appropriate settings.
• Assets: Gold (XAUUSD), Bitcoin (BTCUSD), EURUSD, GBPUSD, and others with appropriate settings.
• Use an ECN broker for better performance.
• Low latency VPS is recommended for optimal operation.
• Leverage and deposit recommendations depend on individual settings.

Parameters and Settings

Dark Gold Settings

• Magic Number: ID number of the orders.
• Max Spread: Maximum spread to trade.

Money Management Settings

• Lots: Number of lots if the money management option is disabled.
• Money Management: Enables the money management option if set to true.
• Risk Percent: Indicates the risk percentage if money management is enabled.

Indicators Settings

• Enable Dark Support Resistance: Self-explanatory.
• Dark Support Resistance periods: Periods for the indicator.
• Enable Support Levels: Enables support levels if set to true.
• Enable Resistance Levels: Enables resistance levels if set to true.
• Enable Level 1: Uses level 1 for open trades if set to true.
• Strategy to use: Select between trend following or counter-trend.
• Dark Support Resistance Timeframe: Timeframe of the Dark Support Resistance Indicator.

Manual Support Resistance

• Enable Manual Support and Resistance: Allows setting support and resistance levels manually.
• Manual support: Support level (write the price).
• Manual resistance: Resistance level (write the price).
• Manual strategy to use: Choose between trend following or counter-trend.

Trading Hour

• Enable Time Filter: Enables the time filter if set to true.
• Trading Start Hour: Operating start hour.
• Trading Start Minute: Operating start minutes.
• Trading Stop Hours: Operating end hour.
• Trading Stop Minute: Operating end minutes.
• Close Out of hours: Closes all orders at the end of the timetable.

User Reviews and Feedback

• Positive feedback on profitability and reliability, especially on Gold (XAUUSD).
• Some users report significant drawdowns and emphasize the importance of proper settings.
• Mixed reviews on performance in trending markets; some users feel uneasy during such conditions.
• Highly recommended to study the user manual and create custom settings for optimal results.

Conclusion