Gold Trade Pro EA V1.7 MT5 is a specialized expert advisor (EA) designed exclusively for automated gold trading within the MetaTrader 5 platform. Developed and provided by Profalgo Limited, this EA distinguishes itself from others in the market by relying on genuine trading tactics rather than risky grid or martingale strategies. With a foundation built on bona fide trading strategies, it offers traders a reliable approach to navigating the gold market’s volatility. The developer recommends starting with a minimum balance of $200 and an initial risk of 1% per trade. Additionally, the EA is compatible with FIFO rules and offers customizable features such as trading comments, trading hours, maximum spread, and more.

Key Takeaways

• Exclusive Dashboard: The EA includes a unique dashboard displaying weekly gold trading levels for monitoring performance and manual analysis.
• Diverse Strategies: Seven pre-installed strategies cater to different market conditions, ensuring smoother equity curves.
• Time and News Filters: Filters prevent trading during major news events and specific timeframes to reduce volatility.
• Trailing Stop Loss: Automatic adjustment of stop loss levels optimizes profit-taking while protecting gains.
• Breakout Trading: Strategies focus on trading breakouts from daily support and resistance levels in the gold market.
• Customizable Configuration: Users can fine-tune settings to align with their preferences and objectives.

GOLD TRADE PRO EA Review

GOLD TRADE PRO EA Features

• Platform: MetaTrader 5 (MT5)
• Currency Pair: XAUUSD/GOLD
• Timeframe: D1
• Minimum Balance: $200
• Setup: Drag and drop the EA onto the daily gold chart and configure lot size settings.
• Recommended Strategies: For balances of $200 to $400, use strategies 2, 4, and 7 for lower drawdown.
• Risk: Start with 1% risk per trade using the “Risk per Trade” feature, adjusting as needed.

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:

• Gold Trade Pro v1.7 MT5

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