Golden Shine: Automated Scalping EA for GOLD and BITCOIN Trading
Golden Shine is a powerful, fully automated scalping EA (Expert Advisor) designed for trading GOLD (XAUUSD) and BITCOIN (BTCUSD). It strategically places pending orders based on high and low price levels during specific periods, capitalizing on strong market momentum.
Why Choose Golden Shine?
- Fully Automated Trading System: Golden Shine is designed to operate autonomously, allowing traders to benefit from market opportunities without constant supervision.
- Safe Trading Strategies: No use of risky methods like martingale, grid, or multiple orders. Every trade is protected by a predefined stop loss to minimize risk.
- Compatible with Other EAs: Golden Shine can work alongside other Expert Advisors on the same account, offering versatility and flexibility.
Setup for Golden Shine EA
- Symbols: XAUUSD (Gold), BTCUSD (Bitcoin)
- Timeframes: M5, M15, M30, H1
- Testing Period: January to July 2024, tested on every tick
- Account Type: PRO, ECN, RAW, Hedging with Leverage of 1:500
- Settings: Requires Setfile configuration
- Deposit: Minimum $200 / Recommended $1000
Bitcoin Signal | How to select best broker for BTCUSD | MT5 Version
Key Features and Inputs
- Manage Open Positions: Configure indicator periods and the number of bars to consider.
- Manage Lots and Money: Enable/disable auto lot management, specify starting lots, and set maximum lots per trade.
- Manage SL-TP Settings: Set virtual stop loss and take profit levels in pips.
- Manage Trailing Stop: Activate trailing stops, define start levels, and adjust trailing steps.
- Manage BreakEven: Enable break-even points to secure profits.
- Manage Commissions: Include broker commissions per lot.
- Time Management: Control trading hours and days using broker server time.
- Manage Other Settings: Configure maximum spread and slippage, adjust coefficients, and set a unique magic number to identify trades.
Important Considerations:
- Sensitivity to Broker Conditions: Golden Shine is highly sensitive to slippage and spread differences among brokers. Ensure the BTCUSD spread is below 1200 points for optimal performance.
- Backtest Before Purchase: Conduct a thorough backtest with your chosen broker to ensure compatibility and effectiveness.
- Purchase Authenticity: Only available on the MQL5 marketplace; any other source may be selling a counterfeit version.
Need Help?
If you have any questions or need assistance with setting up the EA, please contact us directly via private message. We aim to respond promptly. Before purchasing, be sure to understand the risks associated with trading, as past performance does not guarantee future results.
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