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I can Program MT4 EA for free
Member Since Jul 25, 2023
3 posts
Feb 05 at 09:26
Member Since Jul 25, 2023
3 posts
Hi, I'M Eric Barton
I have trading strategy for XAU/USD for MT4 only
Absolutely, diving into the world of Forex trading, especially with a focus on XAU/USD (Gold) and the US Dollar, is an exhilarating journey. Here's a foundational strategy you might consider exploring. Remember, trading involves risks, and it's crucial to test any strategy thoroughly before diving in with real capital.
Strategy Overview: Trend Following with Risk Management
Objective: Capitalize on the medium to long-term trends in the XAU/USD market while managing risk effectively.
1. Technical Analysis Foundation
Indicators: Use a combination of Moving Averages (MA), Relative Strength Index (RSI), and MACD. For example:
Moving Averages: A 50-day MA and a 200-day MA can help identify the trend. A golden cross (50-day MA crossing above the 200-day MA) signals a buy, while a death cross signals a sell.
RSI: Helps identify overbought (above 70) or oversold (below 30) conditions.
MACD: Confirmation of the trend’s strength. Look for MACD crossing above its signal line for a buy signal and below for a sell signal.
2. Fundamental Analysis
Stay updated with key economic indicators, such as inflation rates, interest rate decisions, and economic growth metrics. For XAU/USD, both global economic stability and the USD's performance on the Forex market are crucial.
Inflation: Gold is often seen as an inflation hedge. Rising inflation could increase gold's attractiveness, potentially driving XAU/USD higher.
USD Strength: Since gold is priced in USD, a weaker USD could make gold cheaper for holders of other currencies, boosting demand and price.
3. Risk Management
Stop Loss and Take Profit: Always set a stop loss to minimize potential losses. A risk-reward ratio of at least 1:2 is advisable.
Position Sizing: Do not risk more than 1-2% of your trading capital on a single trade.
4. Trade Execution
Entry: Enter a trade based on technical signals, confirmed by fundamental analysis. For example, enter a buy position when you see a golden cross, RSI moving above 30, and MACD crossing above its signal line, especially if fundamental analysis supports a bullish outlook for gold.
Exit: Set a take profit level based on key resistance levels or a predetermined profit target. Use a trailing stop loss to maximize gains during strong trends.
5. Review and Adjust
Regularly review the performance of your trades to identify areas for improvement. Stay informed about global economic changes, as they can significantly impact XAU/USD trends.
I have trading strategy for XAU/USD for MT4 only
Absolutely, diving into the world of Forex trading, especially with a focus on XAU/USD (Gold) and the US Dollar, is an exhilarating journey. Here's a foundational strategy you might consider exploring. Remember, trading involves risks, and it's crucial to test any strategy thoroughly before diving in with real capital.
Strategy Overview: Trend Following with Risk Management
Objective: Capitalize on the medium to long-term trends in the XAU/USD market while managing risk effectively.
1. Technical Analysis Foundation
Indicators: Use a combination of Moving Averages (MA), Relative Strength Index (RSI), and MACD. For example:
Moving Averages: A 50-day MA and a 200-day MA can help identify the trend. A golden cross (50-day MA crossing above the 200-day MA) signals a buy, while a death cross signals a sell.
RSI: Helps identify overbought (above 70) or oversold (below 30) conditions.
MACD: Confirmation of the trend’s strength. Look for MACD crossing above its signal line for a buy signal and below for a sell signal.
2. Fundamental Analysis
Stay updated with key economic indicators, such as inflation rates, interest rate decisions, and economic growth metrics. For XAU/USD, both global economic stability and the USD's performance on the Forex market are crucial.
Inflation: Gold is often seen as an inflation hedge. Rising inflation could increase gold's attractiveness, potentially driving XAU/USD higher.
USD Strength: Since gold is priced in USD, a weaker USD could make gold cheaper for holders of other currencies, boosting demand and price.
3. Risk Management
Stop Loss and Take Profit: Always set a stop loss to minimize potential losses. A risk-reward ratio of at least 1:2 is advisable.
Position Sizing: Do not risk more than 1-2% of your trading capital on a single trade.
4. Trade Execution
Entry: Enter a trade based on technical signals, confirmed by fundamental analysis. For example, enter a buy position when you see a golden cross, RSI moving above 30, and MACD crossing above its signal line, especially if fundamental analysis supports a bullish outlook for gold.
Exit: Set a take profit level based on key resistance levels or a predetermined profit target. Use a trailing stop loss to maximize gains during strong trends.
5. Review and Adjust
Regularly review the performance of your trades to identify areas for improvement. Stay informed about global economic changes, as they can significantly impact XAU/USD trends.
Member Since Jul 25, 2023
3 posts
Member Since Aug 15, 2022
1 posts
Member Since Jul 25, 2023
3 posts
Apr 01 at 14:45
Member Since Jul 25, 2023
3 posts
Ok, Sounds good just keep it simple as possible I just need the robot to trade with the economic calendar an trade with the Asian session , London session an New York session Project Objective:
The goal is to create an EA that automatically executes trades based on the High and Low impact events listed on Myfxbook.com's economic calendar. The EA should be able to parse the economic calendar's data, apply pre-determined trading logic around these events, and manage trades accordingly.Strong experience in MQL4 programming and a solid understanding of forex trading.
Proven track record of developing similar EAs and ability to integrate external data sources (like Myfxbook.com) with MT4.
Ability to write clean, efficient, and well-documented code.
Knowledge of financial markets and understanding of economic indicators.
Responsibilities:
Collaborate with me to understand my specific trading strategy and requirements.
Develop and deliver a fully functional EA that meets the strategy criteria.
Ensure the EA includes configurable parameters to adjust the trading rules and risk management settings.
Conduct thorough testing to ensure reliability and performance of the EA.
The goal is to create an EA that automatically executes trades based on the High and Low impact events listed on Myfxbook.com's economic calendar. The EA should be able to parse the economic calendar's data, apply pre-determined trading logic around these events, and manage trades accordingly.Strong experience in MQL4 programming and a solid understanding of forex trading.
Proven track record of developing similar EAs and ability to integrate external data sources (like Myfxbook.com) with MT4.
Ability to write clean, efficient, and well-documented code.
Knowledge of financial markets and understanding of economic indicators.
Responsibilities:
Collaborate with me to understand my specific trading strategy and requirements.
Develop and deliver a fully functional EA that meets the strategy criteria.
Ensure the EA includes configurable parameters to adjust the trading rules and risk management settings.
Conduct thorough testing to ensure reliability and performance of the EA.
May 16 at 09:12
Member Since Mar 12, 2024
1 posts
Fu7Ke posted:Do you have any robot EA you can please recommend. That could save me time and cost than creating it my self.
Why not choose a robot EA that is already running? It will be easier to choose the type of product that suits you. Using existing data to analyze will save time and cost than creating it yourself.
Member Since Nov 09, 2020
2 posts
May 17 at 04:38
Member Since Nov 09, 2020
2 posts
Hi, I want my Tradingview pine script code to be converted into MT4/MT5, possible?
Moreover, I want to create a system where I want to sell my trading robot to others and I want to give them a license key that includes the validity same like the trading view system.
let me know if it is possible for you or if my requirement is feasible in mql technology or not.?
Moreover, I want to create a system where I want to sell my trading robot to others and I want to give them a license key that includes the validity same like the trading view system.
let me know if it is possible for you or if my requirement is feasible in mql technology or not.?
Win Maximum
May 17 at 05:10
Member Since May 17, 2024
1 posts
Mazerpro posted:hey würdest du mir ein handels bot schreiben bitte
Hi Traders.
Do you have a trading strategy ? I can write you an Expert advisor for no charge.
The indicator MUST be a mq4 only.
Contact me to discuss it with you.
Erfahrender Trader mit Leidenschaft
Aug 13 at 21:07
Member Since Aug 12, 2024
1 posts
Good morning, man, I need a hand with an index:
currency-pairs-agains-usd-meter-indicator-mt4.
I would like to leave only the BTC column, and you could add the option to choose currencies like: (EUR) or (AUD) or (BTC) or (CHF)...
You could also add the option to change the color of the columns, which by default are light blue and dark blue, and light orange and dark orange. Could you help me?
currency-pairs-agains-usd-meter-indicator-mt4.
I would like to leave only the BTC column, and you could add the option to choose currencies like: (EUR) or (AUD) or (BTC) or (CHF)...
You could also add the option to change the color of the columns, which by default are light blue and dark blue, and light orange and dark orange. Could you help me?
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