Welcome to The Power of Gold EA

Unlock your potential in the gold market with The Power of Gold EA—a state-of-the-art, secure, and adaptable trading system specifically designed for trading XAUUSD (Gold) on MetaTrader. This EA provides a comprehensive solution for both beginner and seasoned traders, offering an extensive range of customizable settings for managing trades, lot sizes, grid systems, trailing, and more.

Key Features and Setup:

• Symbol: XAUUSD (Gold)
• Timeframes: M30/H1 for optimal performance
• Broker Compatibility: Any broker supported
• Deposits: Minimum $500 (high risk), Recommended $1,000 (medium risk)
• Leverage: 1:500 standard account recommended

Main EA Input Settings

1. Position Management: Define period in bars to analyze historical data for informed decision-making.

2. Lot and Money Management:
   • AutoLot settings to adjust lot sizes based on account balance or manually set initial lot sizes.
   • Martingale Coefficient and Lot Multiplier for tailored risk management.

3. Grid Trading Setup:
   • Set distance (in pips) for each new trade.
   • Expanding Step Coefficient for strategic positioning.

4. SL and TP Management:
   • Customize Stop Loss (SL) and Take Profit (TP) in pips for risk control.

5. Trailing Stop Adjustments:
   • Set trailing start points, sizes, and averages for enhanced trade security.

6. Break Even Management:
   • Break even feature to lock in profits as trades progress.

7. Drawdown Reduction with Partial Close Options:
   • Close partial positions based on defined rules to manage drawdown effectively.

8. News Filter:
   • News filter settings to avoid trading during high-impact news events, with customizable stop times around news releases.

9. Additional Settings:
   • Max Spread (in pips), unique Magic Number for each trade, and more to fit various trading conditions.

Optimize Your Gold Trading Strategy

The Power of Gold EA is optimized for the XAUUSD market and offers powerful controls for managing risks and adjusting trading conditions. Set up the bot with the proper configurations to navigate volatile market conditions, leverage a news filter for adaptive trading, and control every aspect of your trades with precision.

Get started today and unlock the potential of The Power of Gold EA—designed to make gold trading reliable, adaptive, and highly customizable.