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Gold Stallion

Overview of Gold Stallion

Gold Stallion is an advanced Expert Advisor (EA) designed specifically for trading gold (XAUUSD). This EA utilizes artificial intelligence to optimize entry points and manage trades effectively. It operates on all time frames to find the best entry and uses intelligent algorithms to manage trades, including producing additional lot sizes if desired.

Key Features

  • Uses artificial intelligence for optimal entries
  • Operates on all time frames
  • Manages trades with intelligent algorithms
  • Offers both full auto and semi-auto modes
  • Includes buttons for placing pending orders
  • Uses two different types of Take Profit (TP) strategies
  • Employs an intelligent overlapping system to reduce drawdown
  • Operating Modes

    Gold Stallion can be used in two primary modes:
  • Full Auto: The system searches for entries at possible exhaustion candles. It employs three ways of taking profit to scalp the price quickly, generating profits and a good number of trades for those interested in rebates.
  • Semi Auto: This mode is for users who want to decide where to open the trade. After turning on the semi-auto function, users can press Sell or Buy at their chosen point. The EA will manage the trade, whether it goes straight into profit or not.
  • Recommendations

    To get the best results from Gold Stallion, it is recommended to follow these guidelines:
  • Minimum balance: $1500
  • Trade only gold (XAUUSD)
  • Works best on 5M and 15M time frames, but can be used on other time frames based on the user's risk appetite
  • Leverage: 500:1 or 400:1
  • Inputs and Settings

    Gold Stallion offers a variety of inputs to customize its operation:
  • LotsInit: Initial lot size if opening the trade from the trading panel
  • LotsAdd: Increment value for the initial lot size
  • Starting Lot: Starting lot size in auto mode
  • Multiplier Set to 1 for Flat lot: Multiplier for lot size; set to 1 for no multiplication
  • Stop Loss: Stop loss in pips
  • Max Lot Martingale: Maximum lot size a position can reach
  • Distance in pips between trades: Minimum distance between trades after the fourth trade
  • One strategy min profit in money: Minimum profit in money for the first strategy
  • Strategy A min profit in money: Minimum profit in money for Strategy A
  • Strategy B min profit in pips: Take Profit in pips for Strategy B
  • Max Sells/Buys: Maximum number of sell/buy positions
  • Overlap after X trades: Number of positions after which the overlap system is enabled
  • User Reviews

    Gold Stallion has received positive feedback from users:
  • One user reported a 40% return in a month using the semi-auto mode
  • Another user praised the EA for its flexibility and effectiveness in managing trades
  • Some users have experienced significant profits but caution that a decent account size is necessary to handle recovery trades
  • Performance and Drawbacks

    While Gold Stallion has shown promising results, it is not without its challenges:
  • Requires a decent account size to handle recovery trades
  • Some users have experienced high drawdowns if not properly managed
  • It is crucial to follow the recommended settings to avoid significant losses
  • Conclusion

    Gold Stallion is a powerful tool for trading gold, offering both automated and semi-automated modes to suit different trading styles. With its intelligent algorithms and customizable settings, it provides a robust solution for traders looking to capitalize on the gold market. However, it is essential to follow the recommended guidelines and settings to maximize its potential and minimize risks. 🚀💰
    Gold Stallion

    Easy Rating: 5/1

    MQL Rating: 483/61

    Gold Stallion is an intriguing Expert Advisor designed for gold trading, but is it worth your investment? Dive into our critical review to uncover its features, user feedback, and how it stacks up against the competition. Don't miss our expert analysis and recommendations! Int ...

    Release Date: 11/03/2021