SFE Gold Fever EA
SFE Gold Fever EA places trades based on the trend. EA is adequate for symbols that usually move in strong trends, or any symbol which has a lower trend period with Higher amplitude. For this reason, it works very well with XAUUSD (GOLD), because this symbol tends to move in strong mid/long term trends like Bitcoin.
SFE Gold Fever EA opens around one trade per week and doesn’t use dangerous strategies like grid, Martingale, hedge.
Setting / Recommendations
- Currency Pair: Work Best on XAUUSD or similar pairs to that. (Work on all Pairs)
- Equity: Minimum account balance of 100$
- Timeframe: Only Work on 5M Time Frames
- Leverage: 500
- Broker: Zero Spread/Fixed Spread/Raw Spread or ECN Broker: To Know More-Click
- VPS: Let the EA work un-interrupted with VPS: Click Here
INPUT PARAMETERS
MAIN PARAMETERS
- Open long positions. 0: no 1: yes
- Open short positions. 0: no 1: yes
- Use M5 Timeframe. 0-no 1-yes
- Use M15 Timeframe. 0-no 1-yes
- Use M30 Timeframe. 0-no 1-yes
- Use H1 Timeframe. 0-no 1-yes
- Stop loss distance multiplier
- Take profit distance multiplier
RISK PARAMETERS
- Auto lot. Balance percentage to consider (between 0-200.0)
- Size OPTION 1. %risk/trade. Risk assumed in each position.
- Size OPTION 2. Fixed Order Size. Applies if Option 1 = 0
- Max. Position. Limit in the number of positions for the symbol
TIME PARAMETERS
- Allowed hours for open (ex: 14;15;16;17) If blank: all
- Allowed Days=””; // Allowed days for open (ex: 1;2;3;4) If blank: all
BACKTEST PARAMETERS
- Back test hour. -2: all -1: on time param. 0-23: single hours
- Back test Day=-2; // Back test day. -2: all -1: on time param. 0-6: single days
OTHER PARAMETERS
- Min. Virtual Balance (used if balance is below this value)
- Lot Size Cap. If > 0, will cancel orders with higher size.
- Define the order comment. Special key word: #magic
NOTE:
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DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favourable results. Before you purchase, please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favourable results in current market conditions before trading live accounts. - Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.