Gold Scalping Expert MT4
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes. This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered. The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly without using martingale techniques.
SETTINGS
- Open new series -on / off beginning of a new series of orders.
- Trade Buy -allow the adviser to buy.
- Trade Sell -allow the adviser to sell.
- Support manual orders true/false – allow EA to control manual orders
- Max Market Orders – maximum market orders allowed
- Max Pending Orders – maximu pending orders allowed
- Use Money Management – true/false – use of automatic lot calculation
- Autolot – the size of the free margin for opening each 0.01 lot
- TP – take profit in points.
- Trail Start, points – activation of a trailing stop
- Trail Step – distance from the price when activating trailing stop.
- Close from reverse signal true/false – close all when signal reverses
- Start hour – starting time when opening the first order.
- End hour – time to stop trading
- Draw on-off – draw of profit tags on chart
- Next is Font settings
- Background color Result – color of background
- Magic EA – unique magic number of EA
- Next are settings of ZigZag indicator
Visual Overview
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