Better results are obtained in Raw type accounts with a variable spread. Using a low-latency VPS (under 120ms) can get better efficiency. Gold Trader is optimized ONLY for XAUUSD, XAUEUR, XAUGBP, XAUCHF, and XAUAUD spot gold markets and can be used on ANY TIMEFRAME with the same results. The current version is optimized for market data after 01.01.2018 using the DEFAULT settings with an icmarkets USD Raw MT5 live account. For this case, the longest trade last 290 hours, and the longest no trade time last 2092 hours.
This expert advisor is not universal and has different profitability from one broker to another. Test the program for your brokerage account before purchased. If the market price evolves much differently than the period used for the software optimization, the risk and capital exposure can be increased without any notice, and losses can appear higher than the risk level set by the user.
DO NOT CHECK the "profit in pips for faster calculation" option in the strategy tester to test this product! The EA is counting money, not pips! Do not test this EA for a period shorter than one year. The cyclicality indicators use at least one year back data to calculate the price cyclicality. More years back data used, more accurate results. This expert can be used for accounts with ANY LEVERAGE level by setting the "CustomVolume" value accordingly.
Before running this expert advisor, load consecutively the M5, M10, M15, H1, H4, and D1 timeframes into each chart (XAUUSD, XAUEUR, XAUGBP, XAUCHF, and XAUAUD) to have all necessary data loaded in your MT5 platform. If some data are missing, a warning message will be displayed in the logs, and the expert will not start. This expert advisor uses huge amounts of data for the real-time data-mining process. Please do NOT change the timeframe after you load the expert into the US30 chart. Malfunctions can appear if not all previously data are completely loaded.
This expert includes an interface for manual entry order and a template to help the trader to take real-time decisions. If a trade was not identified automatically by the expert, the trader can initiate a trade that will be managed by the software automatically until the end. The manual trades are made at the same volume as the automated trades, depending on the risk level set by the user. Please note that the template form by the Price Action Line, Relative cyclicality and Relative Momentum are loaded to help anyone to invalidate an external signal. For example if the trader wants to take a buy manual trade and sees all the above indicators on red, he must cancel his initiative. Entry signals based on the above indicators must be backtested before to be part of anyone decisions.
The capital exposure set by the input parameters is approximated using the price movement statistics between 01.01.2018 and today. This is the maximal drawdown obtained from the backtests. With other words, if the market evolves in the same way like in the past, the maximal exposure recorded by a position opened by this expert advisor should not exceed that level. This fact is not true if the market evolves differently or unprecedented. The stop loss level is set far away considering the double distance from the open price to the maximal exposure price. This strategy offers us the possibility to wait for a market recovery, or to use a recovery utility to cover the loss position when the exposure is overloaded. These recovery operation is not assured by the current expert advisor and must be implemented by the trader using different software, if he wants. Anyway, without an additional recovery procedure, if the market continues to drop off, the position will be automatically closed by the set stop loss. A Stop Trading utility can be used to set an additional protection for the capital account. In any case, A stable Risk and Capital Management Strategy is recommended!
Pay attention, please!
Gold Trader is an algorithm based on the price evolution after 01.01.2018. We use it with the hypothesis that the market will behave today, tomorrow, and in the near future like in the past. A negative trade can appear if this hypothesis is false even if the backtest results are good for many years back. There is no mathematical guarantee that the market will be stable enough tomorrow. The statistics of recent years do not include exceptions that may appear in the next future. That's why I don't offer live signals or past performance logs. I don't want to trick anyone.
If, after opening a trade, the market behaviour is substantially changed, that trade will be closed with a loss equal to at least the risk level set by the user. Even more negative transactions, one after the other, can be recorded in this case. In exceptional circumstances of high volatility market price, the loss can be even higher than the risk set due to market gaps. For this reason, please, pay attention to the used risk level. Do not risk more than you can afford to lose! Wait to set high-risk levels until you accumulate a profit to cover an eventual loss. Increase the risk level gradually according to a sustained and stable risk and capital management strategy you must set for your long-term investment. In financial trading, even using automated trading bots, anything can happen. Keep it safe!
Disclaimer: Anyone interested in this software must know from the beginning:
> This software is not guaranteeing a profit level or a particular profitable performance.
> Past software performance does not guarantee future performance, profit, or satisfaction.
> Trading financial markets involve a high-degree risk of losing money and active capital.
> Anyone using this software will do it with his own responsibility and at his own risk.
> The long-time profitability depends on each one's risk and capital management strategy.
> This software's performance depends on the data provided by the chosen brokerage company.
> This software's performance depends on the trading volume and risk level set by the used.
> This software's performance depends on the latency of the internet and data connection used.
> This software's performance depends on the brokerage fees, commissions, spreads, and swaps.
> This software's performance depends on the market price evolution and financial news.
> This software can deliver negative trades if markets act differently or unprecedented.
> The author of this software can not be held responsible for bed performance or any losses.
> The price paid for Gold Trader is not refundable in any way.
Anyone who disagree one or more of the above is asked to EXIT this site.
To use this software:
> You have to have an MT5 margin brokerage account.
> You have to have at least 10000 USD active capital.
> You have to have an updated version of MetaTrader 5.
> You have to have a fast data and internet connection.
> You have to have a stable risk and capital management plan.
Steps to proceed:
> To purchase this product press the "Buy Now" button.
> You will be redirected directly to the payment page.
> You have to use your real name and email address in any case!
> Once you have paid, a confirmation email will be automatically delivered to you.
> A welcome email message including the contract form will be sent by the software author.
> You must complete your name, the account number, and the brokerage server on the contract.
> Also, you have to holographical sign the license contract with the signature included in your ID.
> Email back the signed contract and a copy of your ID (national card, passport, driving license).
> A personalised copy of the purchased software will be delivered to you by email fastest possible.
> Every time when a new version of the software will be available it will be sent to you by email.
Gold Trader © Cristian Mihail Pauna, 2015-2023. All rights reserved.