This free Gold Expert Advisor focuses on trading XAUUSD (Gold) and incorporates key technical indicators to navigate the market’s volatility. Here’s a quick summary of the strategy:
- Entry Amount: With an entry volume of 1 lot per trade, this strategy is designed for aggressive trading, maximizing exposure to Gold’s movements.
- Stop Loss & Take Profit: A stop loss is set at 4300 pips, while the take profit is placed at 7400 pips. This allows the strategy to capture substantial profits while limiting potential losses.
- Bears Power Indicator: The Bears Power indicator is used to gauge market conditions and identify bearish trends. It’s a valuable tool for spotting high-probability sell opportunities.
This expert advisor is ideal for traders looking for an automated solution to capitalize on Gold’s market trends with controlled risk parameters.
Please, download the Free Gold Robot and test it on a Demo account. This MT4/MT5 automated trading robot is for educational purposes and is free to download.
Free Expert Advisors Startup Guide – download it and learn how to start trading with Robots.
