Cuantastic Gold EA v1.90 MT4 for MetaTrader 4 (MT4) is an Expert Advisor (EA) designed specifically for automated trading of gold (XAU/USD). While there is limited direct information available about this specific EA in the provided references, I can piece together relevant details based on similar gold-trading EAs and general knowledge about MT4 Expert Advisors to provide a comprehensive overview. Below is a detailed response covering what Cuantastic Gold EA v1.90 likely entails, its features, setup considerations, and cautions, along with guidance on downloading or using such tools.
Overview of Cuantastic Gold EA v1.90
Cuantastic Gold EA v1.90 is likely an automated trading robot tailored for the XAU/USD (gold) pair, a highly volatile and liquid market popular among forex traders. Gold EAs typically aim to capitalize on price movements using predefined strategies, risk management tools, and technical indicators. The “v1.90” suggests it is an updated version, potentially including bug fixes, optimized algorithms, or new features compared to earlier iterations.
Based on the characteristics of similar gold-trading EAs (e.g., Gold Nova EA, Gold ISIS EA, Advanced Gold Trading EA), Cuantastic Gold EA likely incorporates:
- Trend-following or price action strategies: To align trades with market momentum or key support/resistance levels.
- Risk management features: Such as dynamic stop-loss, take-profit, trailing stops, or customizable lot sizes to manage volatility.
- No high-risk strategies: Many modern gold EAs avoid martingale or grid strategies to ensure safer trading, though this depends on the developer.
- Timeframe optimization: Likely optimized for specific timeframes like M15 (15-minute) or H1 (1-hour), common for gold trading.
- Broker compatibility: Designed for low-spread ECN brokers to maximize profitability.
Potential Features
Drawing from similar EAs like Gold ISIS EA v1.1 and Advanced Gold Trading EA v6.4, Cuantastic Gold EA v1.90 may include:
- Advanced algorithms: For identifying profitable entry and exit points, possibly using proprietary indicators or price action.
- Dynamic risk management: Adjustable stop-loss and trailing stop to protect capital and lock in profits.
- News filters: To avoid trading during high-volatility economic events, reducing exposure to sudden market swings.
- Customizable settings: Allowing traders to tweak risk levels, lot sizes, and trading hours to suit their preferences.
- Low drawdown: Aiming for stable performance with minimal capital risk, as seen in EAs like Gold ISIS with a 4.7% max drawdown.
- VPS recommendation: Continuous operation on a Virtual Private Server (VPS) for uninterrupted trading, as advised for most gold EAs
Recommended Settings
While specific settings for Cuantastic Gold EA v1.90 are not provided, typical recommendations for gold EAs include:
- Minimum Deposit: $200–$2000, depending on lot size (e.g., $2000 for 0.01 lot).
- Timeframe: M15 or H1 for optimal performance, as seen in Gold ISIS EA.
- Risk Level: Start with 1% risk per trade, adjustable based on account size.
- Broker: Choose an ECN broker with low spreads and fast execution.
- Testing: Test the EA on a demo account for at least one week to understand its behavior.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- Cuantastic Gold EA v1.90 MT4.ex4
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