EA Gold Stuff is a specialized Expert Advisor (EA) designed for trading gold. The EA utilizes the Gold Stuff indicator and employs a “Trend Follow” strategy, focusing on following the prevailing trend in the gold market.
Key Settings:
- Open New Series: Toggle the beginning of a new series of orders.
- Start Lots: Set the initial lot size.
- Trade Buy: Allow the EA to open buy orders.
- Trade Sell: Allow the EA to open sell orders.
- Use Hedge: Enable the EA to trade in both directions, buying and selling. When off, the EA trades in only one direction.
- Use Money Management: Toggle the automatic lot size calculation.
- Autolot. Free Margin: Specify the required amount of free margin for opening each 0.01 lots.
- Lot Multiplier: Set the lot multiplier for subsequent orders.
- Take Profit (TP): Define the take profit level in pips.
- Stop Loss (SL): Set the stop loss level in pips for the first order.
- Trail Start: Activate the trailing stop feature.
- Trail Step: Specify the distance from the price at which the trailing stop activates.
- DD Reduction Algorithm: Enable the drawdown reduction algorithm to close the last profitable order when the first order in the series is at a loss.
- Number Order for DD Reduction Algorithm: Determine from which order in the series the drawdown reduction algorithm activates.
- Percent Profit for DD Reduction Algorithm: Set the percentage of profit at which orders are closed in drawdown reduction mode.
- Magic: Assign a unique identifier (magic number) to the EA’s orders.
- Fix Distance: Set a fixed distance between orders.
- Order Dynamic Distance: Specify from which order in the series the dynamic distance is applied.
- Dynamic Distance Start: Set the initial value for the dynamic distance.
- Distance Multiplier: Define the dynamic distance multiplier.
- Start, End Hour: Set the time for opening the first order.
- Maximum Lot: Specify the maximum lot size.
- Maximum Spread: Set the maximum allowable spread for EA operations.
EA Gold Stuff is tailored to optimize gold trading by employing a strategy that is specially designed for this precious metal. It offers a range of customizable settings to adapt to your trading preferences and risk management approach.
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