Gold Chaser

Find the Right Edition That Fits You

Scalperology Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

30-Day Profit: 144.9%

7-Day Profit: 144.9%

Support: 24х7 via Telegram

Get EA🏆

Breakopedia Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

XAU/USD

XAG/USD

XBT/USD

30-Day Profit: 45.34%

7-Day Profit: 38.65%

Support: Developer

Free .ex5 EA 🎁

Overview of Gold Chaser

The Gold Chaser expert advisor is a fully automated trading system designed to trade four symbols: XAUUSD (Gold), XAGUSD (Silver), BTCUSD (Bitcoin), and XBRUSD (Brent Oil). This system leverages the rapid movements and volatility of these commodities and cryptocurrencies to generate trading signals.

Key Features

Automated trading on multiple symbols simultaneously
Utilizes the Commodity Channel Index (CCI) for signal generation
Employs machine learning with two recurrent neural networks
Can be run on any chart and timeframe

Trading Strategy

Gold Chaser's strategy is built around the CCI indicator, which is specifically designed for commodities. This indicator helps identify strong trend paths and overbought or oversold zones. The system uses two recurrent neural networks that compete to generate buy and sell signals, ensuring a robust decision-making process.

Recommended Settings

Chart/Timeframe: Daily chart of gold
Volume per trade: 0.01 for every 1000 USD of deposit
Max trades per signal: 1

Expert Advisor Properties

Volume: Fixed volume or percentage of available funds
Symbol Names: Ensure correct symbol names in MetaTrader's Market Watch
Max trades per signal: Set a limit on the number of trades per symbol per signal
Profit closure: Option to close all trades upon reaching a certain profit percentage

Advantages and Limitations

Gold Chaser excels in markets with high volatility, such as gold and cryptocurrencies. The use of machine learning and neural networks allows it to adapt to market changes dynamically. However, it requires careful setup and monitoring to ensure optimal performance.

User Reviews

Users have praised Gold Chaser for its accuracy and profitability. One user noted that the EA replicates backtest results in live trades and has been profitable so far. Another user appreciated the developer's responsiveness and support.

Conclusion

Gold Chaser is a powerful tool for traders looking to capitalize on the volatility of gold, silver, Bitcoin, and oil. Its advanced use of the CCI indicator and machine learning makes it a standout choice for automated trading. However, like any trading system, it requires proper setup and ongoing monitoring to achieve the best results. 🌟💰