FxCore Gold EA V12 MT4 is a specialized expert advisor for trading gold (XAUUSD) on the MetaTrader 4 platform. Requiring a minimum deposit of only $100, it employs a strategic blend of scalping for rapid trades, hedging to manage risk, and a martingale system to recover losses. Best suited for short timeframes like M1 and M5, it is ideal for traders looking to capitalize on gold’s price fluctuations with minimal effort.

FXCORE GOLD EA V12 is a fully automated Free forex EA. It employs a blend of popular technical indicators, including the Exponential Moving Average (EMA), Relative Strength Index (RSI), Commodity Channel Index (CCI), Stochastic Oscillator (Stoch), and the Moving Average Convergence Divergence (MACD). These indicators work synergistically to determine the optimal entry and exit points for trades, offering traders a degree of precision that would be challenging to achieve manually.

FXCORE Gold EA V12 distinguishes itself with its built-in news filter. Economic news significantly affects currency markets, with high-impact news events often causing significant market volatility. The tool’s news filter automatically halts the EA’s operations before and during such events, shielding traders from unexpected market swings and potential losses.

Furthermore, the EA employs a martingale strategy(Wich is risky). Traditionally used in betting, the martingale strategy doubles the trade size after a loss so that a win would recover the loss of the previous trade. This can be particularly effective in Forex trading, as currencies rarely drop to zero, unlike stocks. But that means you need big capital to hold trades when it goes into negative.

ThisGold Robot incorporates hedging techniques to provide an additional layer of risk management. The tool helps offset potential losses if a trade doesn’t go as planned by opening multiple inversely correlated positions. These combined risk management strategies equip traders with a solid safety net, boosting the likelihood of successful trading operations.

The FXCORE Gold EA V12 integration of various technical indicators, advanced news filters, and effective risk management strategies make it an intriguing option for traders seeking to enhance their Forex trading performance. However, as with all trading tools and strategies, it’s essential to understand that while the EA can increase the likelihood of successful trades, it does not guarantee profits. Traders should always approach cautiously, use appropriate risk management, and never risk money they can’t afford to lose.

Recommendations for FXCORE GOLD EA

• Minimum account balance of 1000$
• Work Best on XAUUSD(GOLD). (Work on any pair)
• Work Best on H1 Timeframe (Work on any Timeframe)
• The FXCORE GOLD Robot should work 24/7 on VPS to reach stable results. So we recommend running this free forex EA on a reliable VPS
• Low Spread ECN account is also recommended

Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://ec.forexprostools.com” and press “OK.” The EA takes news from the specified websites.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• Fxcore Gold EA_V12.ex4

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You can get it free if you signup Exness with our referral link

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