GOLD Edge

GOLD Edge is a EA designed specifically for GOLD(XAUUSD)and can also be used on any financial instrument, and any pairs.

This EA trades trend-following using moving averages and multi-timeframe RSI. Use GRID trade.

This EA closes with the “DD Reduce” function when drawing down.
You can set trailing stop for “GRID trading” and “DD Reduce” function.

Additional trades can be made using the panel. These are automatically settled as GRID series.
You can also manually settle all transactions. You can also change Max Trades and Max Lot Size from the panel.

I recommend that you read here first. User GUIDE: https://www.mql5.com/en/blogs/post/750375

DD Reduce function:
It is a function to close the oldest order with bad profit and loss together with the latest profitable order.

Please be sure to read the GUIDE and FAQ before asking questions or using.
The recommended set files is at the bottom of the GUIDE.

I recommend reading the guide describing this EA first. setfile is also here.

Don’t use the Setfile I attached in the comment. There is an error, so be sure to download it from the user guide.

• User GUIDE: https://www.mql5.com/en/blogs/post/750375

Recommendations:

Time Frame M5 recommended.

AUDUSD:

Minimum deposit $1500.

XAUUSD:

Minimum deposit $3,000. Lot 0.01. (use .set file “lowrisk”).

Recommended $6000 or more.

Other currency pair:

XAUUSD, AUDUSD  (can also be used on any financial instrument, any pairs. Pro Ver automatically fits other currency pairs.(Auto Distance Function))

setfiles is here. User GUIDE: https://www.mql5.com/en/blogs/post/750375

Settings & Setfiles:

Read about settings and set files here.  User GUIDE: https://www.mql5.com/en/blogs/post/750375

FAQ:

If you have any questions, please read the guide and FAQ before asking.
Please ask the question in a message, not a comment.

Read the user guide FAQ.

User GUIDE: https://www.mql5.com/en/blogs/post/750375