Golden Dad EA for Metatrader4 was developed by dadforex.com team and for Gold (XAUUSD) pair best results for 1 minute chart.
The algorithm of the robot analyzes market data and when certain conditions are met it opens a trade. Every deal is protected by a tight stop-loss, the expert advisor does not use any dangerous strategies like martingale or grid trading, and therefore the risk is well managed.
Recommendations for Golden Dad expert advisor:
- Broker: EXNESS
- Platform: Metatrader 4
- Currency pairs: GOLD (XAUUSD)
- Minimum deposit: 250 USD
- Timeframe: M1
- Trading time: all day
Important! For the best results and safety use a best VPS server
Settings of Golden Dad EA:
- FixedLotsSize: if you would like to trade with fixed lot, enter the number here.
- LotsPerAmount, AmountPerLot: If FixedLotsSize is set to zero, the EA will calculate trading lot automatically, by default 0.01 for every $500 of account equity. Change AmountPerLot if you prefer to reduce/increase profits and risk: 250 = High risk; 500 = Medium risk; 1000 = Low risk.
- MinLots: minimum lot to trade.
- MaxLots: maximum lot to trade.
- MaxSpread: 30 points (3 pips) by default.The EA will not open trades when spread is too wide.
- MyMagicNumber: magic number of the EA. You don’t need to change it if you trade only Gold.
- StartHour, StartMinute: You can change the time when the EA should start trading. To skip the time when spreads are very large, it is recommended to start trading 1 hour after the rollover and end 30 minutes before the next rollover.
- EndHour, EndMinute: You can change the time when the robot should stop trading.
Please test Golden Dad expert advisor with the strategy tester and on demo account before trading with real money.
Download Golden Dad EA for free:
Disclaimer: Forex trading is a risky activity! Past performance of an expert advisor does not guarantee good results in the future.