GOLD EMA

FREE Expert Advisor developed for GOLD 1H based on two EMA. Trailing stop is based on the ATR indicator.

Backtested on over 7-year tick data with 99 % quality of modelling. The screenshots attached feature the robustness test by Monte Carlo analysis with 200 simulations.

Broker with small spread and slippage is recommended.

No need to set up any parameters, these settings are optimized.

Check my other products. They work well in combination.

Features

• Each deal is protected by stop orders (Stop Loss and Take Profit)
• Position trailing stop is used
• Both a fixed lot and a free margin percentage are used
• No martingale
• Does not consume too much CPU resources

If you have any question, please contact me.

Settings

• MinimumSLPT = 100—Minimum SL/PT
• MaximumSLPT = 10000—Maximum SL/PT
• UseMoneyManagement = false—Enable/disable auto money management
• LotsDecimals = 2—Broker must support trading in micro lots, if your broker do not support micro lots set to 1
• RiskInPercent = 2.0—Risk in percent for one trade from account balance
• MaximumLots = 0.5—Maximum allowed lots for trading
• TradeLong = true—Disable or enable long trades
• TradeShort = true—Disable or enable short trades
• MaxSlippage = 3—Maximum slippage
• MagicNumber = 25881—Trade ID
• CustomComment = "GOLD_EMA"—Custom comment in history
• EmailNotificationOnTrade = false—If trade open send you email, you need setup SMTP server in metaTrader 4
• DisplayInfoPanel = false—Enable or disable info panel in graph