Gold Sniper is an EA for gold and equivalent high volatility trades, an efficient and accurate trading strategy based on daily breakouts from key support and resistance levels. The EA does not rely on high-risk strategies such as the Grid or Martin strategies, effectively avoiding the risk of account blowouts.
It reduces slippage by upgrading pending trades, offers multiple retracement dimensions and historically proven reliable strategies. Even low net worth accounts, such as $500, can be run with low risk parameters, lowering the barrier to use.
The EA has three built-in trading methods that allow users to choose according to their risk appetite, including percentage of funds management, balance step management and fixed lot management. In addition, there are three built-in risk strategy models, allowing users to choose low, medium and high risk strategies according to their risk tolerance. Simplified risk control parameter settings discard the complexity of traditional EA, making it possible for even beginners to get started quickly.
Each order is equipped with a Take Profit and Stop Loss, utilizing trailing stops to minimize risk and maximize profits. Maximum spreads and percentage of funds settings are allowed, providing flexible money management options.EA's are designed with the idea of providing traders with a safe and efficient trading tool to achieve solid profitability goals.
Gold Sniper is part of the Tradingease EA Sniper series of EA's for Gold and equivalent high volatility trades, an efficient and accurate trading strategy based on daily breakouts from key support and resistance levels. The 3 built-in trading styles work seamlessly together to deliver steadily growing profits; each order is created with a Take Profit and Stop Loss, and if the price starts to move in the right direction, the EA will use Trailing Stop Losses to minimize risk and maximize profits.
Main features
safe and stableIn addition, we do not use risky strategies such as Grid/Martin to avoid the risk of blowing up your account.
Upgraded pending order tradingThe company is also able to execute orders faster and more accurately, avoiding slippage and loss of profits.
Multiple retracement dimensions and historical trade validationUse reliable and proven strategies.
Also available for low net worthFor $500 you can run low-risk parameters with a lowered threshold for use.
Built-in trading strategiesThree built-in risk modes, three positional modes based on user risk/return customization.
Built-in wind control parametersThe EA is a new type of EA, which is a new type of EA. It discards the traditional EA's more ineffective parameters, and builds in the cumbersome parameters through multiple backtests, and can be turned on by setting up the key risk level and position management, so that even a beginner can get started quickly!
Parameter description
Handicap Calculation: There are three built-in position management methods, 1) Percentage of funds management 2) Balance step management 3) Fixed lot management. Each algorithm settings are detailed in the parameter configuration.
Risk Control Strategy ModelBuilt-in three kinds of risk strategy, according to their own risk tolerance, income level to choose. 1, low risk strategy portfolio 2, medium risk strategy portfolio 3, high risk strategy portfolio.
Maximum Allowable Spread: Maximum spread that is allowed to open a position.
Percentage of funds: Between 1 and 10, the higher the number, the higher the risk and the higher the reward.
By funding: Each 0.01 lot corresponds to the amount of funds, set to 800, indicating that the account funds every 800 U.S. dollars under the 0.01 lot.
Stop Loss and Take Profit Switch: Virtual Stop Loss and Take Profit, Stop Loss and Take Profit are not shown in the order when it is turned on.
Recommended settings
capital: 3000 USD
operating cycle: D1
risk control strategy: Portfolio of Medium Risk Strategies
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