GOLD Edge PRO MT5 is an Expert Advisor (EA) specifically designed for trading GOLD (XAUUSD). This EA is a trend-following system that utilizes moving averages and multiple time frame RSIs. It incorporates GRID trading and includes several advanced features to enhance trading performance.
Key Features
Automatic grid interval calculation supporting various currency pairs
DD Reduce function to close the oldest and latest orders together during recovery
Trailing stop settings for both GRID trading and DD Reduce function
News filter to avoid trading during high-impact news events
Customizable trading times and days
Optional candle filter during grid trades
Trading Recommendations
Time Frame: M5 recommended
Minimum deposit for AUDUSD: $1500
Minimum deposit for XAUUSD: $3000 (lot size 0.01, use low-risk set file)
Recommended deposit for XAUUSD: $6000 or more
Applicable to other currency pairs like EURUSD and GBPUSD using the provided set files
Advanced Functions
DD Reduce Function: Closes the oldest order with a loss and the latest order with a profit together to minimize drawdown
News Filter: Avoids trading during high-impact news events to reduce risk
Customizable Trading Schedule: Allows setting specific trading times and days, including options to close all open trades on specific days
Candle Filter: Option to enable or disable during grid trades for better trade filtering
User Reviews
Chi Ho Thomas Yung: "I'm impressed with the profitability and consistency of GOLD Edge PRO. The news filter is a game-changer."
Tyler Sanchez: "Please update."
decdecdec: "Excellent EA."
Setup and Configuration
Ensure the spread of your broker does not exceed 400 pips (40 cents) in XAUUSD
Use Auto MM settings according to your account balance and risk tolerance
Backtest and optimize the EA on M1 chart using the "open price only" method for accurate results
Read the provided user guide and FAQ for detailed setup instructions
Pricing and Availability
Current price: $199
Next price: $299
Author: Hideki Nakajima
Rating: 4.9
Reviews: 11
GOLD Edge PRO MT5 is a robust and versatile EA designed to optimize trading performance on GOLD and other currency pairs. With its advanced features and customizable settings, it offers traders a reliable tool for enhancing their trading strategies. 🚀📈
Ah, the world of Forex trading – where dreams are made and sometimes shattered. But fear not, for GOLD Edge PRO MT5 is here to tip the scales in your favor. With its trend-following strategies and grid trading prowess, this expert advisor promises to be your golden ticket to tr ...