What is Greedy Golden EA?
Greedy Golden EA is an automated trading software designed to trade gold (XAUUSD) in the forex market. Expert Advisors (EAs) are programs integrated into trading platforms to automate trading strategies. EAs benefit forex traders by executing trades based on predefined criteria without requiring constant monitoring, making them ideal for beginners who may struggle with the complexities of manual trading.
- Link: https://www.mql5.com/en/market/product/113814
Key Takeaways
- Dual Strategy Implementation: Combines long-term trend following with short-term scalping.
- Automated Trading: Eliminates the need for constant monitoring and manual intervention.
- Risk Management: Utilizes divergence detection and capital management to avoid dangerous risks.
- Versatility: Suitable for various trading conditions, including news times and market fluctuations.
- User-Friendly: Designed for beginners, offering a straightforward approach to trading gold.
Key Features
- Dynamic Investment: Simulates both long-term investment and short-term scalping.
- Position Types: Differentiates between fixed positions for super trends and temporary positions for small fluctuations.
- Divergence Detection: Opens positions based on divergence and closes them with a specific profit margin or trailing stop loss.
- Capital Management: Focuses on minimizing risks and maximizing safety.
- Time Filter: Optimizes trading during volatile market conditions and news events.
Greedy Golden EA Settings & Recommendations
- Platform: MetaTrader 4 (MT4)
- Currency Pairs: XAUUSD
- TimeFrame: M5, M15, M30 (M15 is the best)
- Minimum Account Balance: $500
- Leverage: Minimum 1:20
- Broker: Any broker with low spreads, commission, and preferably swap-free accounts
- Account Currency: USD, EUR
Greedy Golden EA Review
Greedy Golden EA MT4 Download:
- Link download expert: Greedy Golden EA MT4 .ex4
Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.
Payment:
- Payment Options: PayPal, credit card, USDT TRC20, Binance Pay
Risk Warning:
- Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
- Past performance is not a guarantee of future profits.
- Always test EAs on a demo account before applying them to a live account.
Reviews
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