Name: Gold Rush FX EA V1.76 - Yoforexea
Price: 150.00 USD
Availability: InStock

99 / 100

Gold Rush FX EA V1.76 MT4: Your Path to Profitable Trading

Overview

Gold Rush FX EA V1.76 for MT4 is a powerful trading expert advisor designed specifically for trading gold (XAUUSD). This EA leverages advanced algorithms to analyze market conditions and execute trades with precision. With a focus on stability and consistent profits, Gold Rush FX EA V1.76 is suitable for both novice and experienced traders.

Recomended Settings

Risk Percentage: 1-2% of your account balance per trade

Take Profit (TP): 50 pips

Stop Loss (SL): 30 pips

Trailing Stop: Enabled with a 20-pip trailing distance

Lot Size: Adjust based on account balance, typically 0.01 lots per $1000

Magic Number: Unique identifier for managing multiple EAs

Minimum Deposit: $300

Timeframe: H1

Currency Pair: Gold (XAUUSD)

Gold Rush FX EA V1.76

Risk Management:
The EA uses a conservative risk management approach, risking only 1-2% of your account balance per trade. This helps to protect your capital and ensure long-term profitability.

Take Profit and Stop Loss: Trades are configured with a 50-pip take profit (TP) and a 30-pip stop loss (SL) to maximize gains while limiting potential losses.
Trailing Stop: The trailing stop feature is enabled with a 20-pip trailing distance, allowing the EA to lock in profits as the market moves in your favor.
Lot Size: Lot sizes are adjusted based on account balance, typically set at 0.01 lots per $1000. This ensures that trades are appropriately scaled to your account size.
Magic Number: Each instance of the EA has a unique magic number, allowing you to run multiple EAs simultaneously without conflict.

How to Use Gold Rush FX EA V1.76 MT4

Download the Gold Rush FX EA V1.76 from the provided link.
Open your MT4 platform and navigate to the “File” menu, then select “Open Data Folder.”
Copy the EA file into the “Experts” folder within the MT4 directory.
Restart your MT4 platform to load the EA.
Attach the Gold Rush FX EA V1.76 to the XAUUSD chart with the H1 timeframe.
Configure the EA settings according to your risk preference, ensuring the risk percentage, lot size, and trailing stop are set correctly.
Verify that the magic number is unique if you are running multiple EAs.
Enable auto trading on your MT4 platform by clicking the “Auto Trading” button.
Ensure that the EA’s smiley face icon appears in the top right corner of the chart, indicating that it is active and running.
Regularly monitor your trades and account balance to ensure the EA is performing as expected.
Make adjustments to settings if necessary based on market conditions and performance.