Trading utilities for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
This EA implements a fully functional trading strategy designed to trade Gold (XAUUSD). The EA takes advantage of the COMEX price manipulation during the New York session, by buying dips on the Asian session and closing all exposure before the New York session begins.
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- Easy to set up and supervise
- No indicators or hard analysis needed
- The strategy is timeframe-independent
- It blends a fundamental approach with a technical execution
- NFA/FIFO compliant.
The EA capitalizes on the price manipulation perpetrated by the COMEX.
- It needs no optimization
- It leaves no room for human error
- It is safe because it uses little leverage
- It has no discretionary input parameters
Input Parameters
- Time Settings (GMT) : The EA will trade from 00:00 until 03:30, and exit all trades before the london session starts.
- RSI Settings: The RSI Indicator is used to find and buy dips. Period and trading levels are customizable.
- Weekday Settings: Enable or disable trading for each day of the week.
- Money Management: The EA can auto-calculate the lotsize, or you can set the lotsize manually.
- EA Settings: Additionally, you can choose the magic number and comment for the orders.
Author
Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
