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Gold Extractor

What is Gold Extractor?

Gold Extractor is a sophisticated trading robot designed to navigate the volatile gold market with precision and intelligence. Utilizing a combination of machine learning, cluster analysis, and genetic algorithms, this Expert Advisor (EA) aims to predict gold price movements and execute trades with minimal risk.

Key Features

  • Fully automated trading 24/5 with a time filter.
  • No need for a large initial deposit.
  • Always uses Stop Loss to protect capital.
  • Position trailing stop is used.
  • Complex panel for manual trading with essential functions.
  • Martingale strategy for loss recovery with customizable steps.
  • Economic news/calendar listed on the chart for informed trading.
  • Real-time data integration for accurate market predictions.

Trading Strategy

Gold Extractor employs a scalping strategy that capitalizes on short-term price movements. The EA uses a combination of technical indicators and real-time data to identify high-probability trading opportunities. It leverages the negative correlation between gold and the US 10-year Treasury yield (US10Y) and the positive correlation with the real yield (iShares TIPS Bond ETF) to make informed trading decisions.

Recommendations

  • Use ECN (narrow spread) account with a 2-digit gold price.
  • Attach EA on the M15 timeframe for optimal performance.
  • Minimum balance: $500 with leverage of 1:400 or higher.
  • Ensure low latency VPS for real-time data integration.
  • Add news and fundamental source links to the web request list for accurate filtering.

Performance and Reliability

Gold Extractor has shown stable results on the XAUUSD pair from 2015 to 2021. The EA avoids dangerous money management methods like martingale, grid, scalp, or hedge, ensuring a safer trading experience. It uses a self-adaptive market algorithm that adjusts to current market conditions, providing consistent performance.

Why Choose Gold Extractor?

Gold Extractor stands out for its intelligent use of real-time data and advanced algorithms to navigate the complexities of the gold market. Whether you're a seasoned trader or a beginner, this EA offers a reliable and efficient way to trade gold, maximizing profits while minimizing risks. 🌟📈
Gold Extractor

Easy Rating: 0/0

MQL Rating: 429/49

Ah, the Gold Extractor—where dreams of striking it rich in the Forex market meet the harsh reality of trading. This EA, designed by Sara Sabaghi, promises to navigate the volatile waters of XAUUSD with the finesse of a seasoned sailor. But does it really? Let's dive in and find ...

Release Date: 19/09/2021

Gold Extractor

Easy Rating: 5/2

MQL Rating: 429/49

Ready to uncover the secrets of the Gold Extractor EA? This comprehensive review dives deep into its mechanics, features, and user experiences. Compare it with other top trading bots and get a final verdict on its worth. Plus, meet the experts behind the analysis and join their c ...

Release Date: 19/09/2021