Description
Haven Gold EA v1.0 MT4 is a fully automated trading system developed for the MT4 platform, one of the most popular trading platforms globally due to its versatility and support for algorithmic trading. The EA specializes in trading XAUUSD, the gold-to-US-dollar pair, which is known for its high volatility and liquidity, making it a favorite among traders seeking short-term opportunities. The EA employs a scalping strategy, focusing on capturing small price movements on the M1 (1-minute) timeframe, which allows for rapid trade execution and the potential for consistent profits.
Key Features of Haven Gold EA V1.0
The Haven Gold EA V1.0 stands out due to its robust feature set, optimized specifically for gold trading. Here are some of its standout features:
- Scalping Strategy for XAUUSD: The EA is designed to capitalize on the rapid price fluctuations of gold on the M1 timeframe. By executing multiple trades in quick succession, it aims to secure small, frequent gains, which can accumulate into substantial profits over time.
- Advanced Risk Management: The EA includes built-in stop-loss and take-profit settings to limit potential losses and secure profits. It also features dynamic lot sizing, allowing traders to adjust risk levels based on their account balance.
- Low Minimum Deposit: With a minimum deposit requirement of just $200, the EA is accessible to a wide range of traders, making it ideal for those starting with smaller accounts.
- News Filter: The EA incorporates a news filter to pause trading during high-impact news events, reducing the risk of losses due to sudden market volatility.
- User-Friendly Interface: The EA is easy to install and configure, with pre-optimized settings for the XAUUSD pair, allowing traders to get started quickly.
- No High-Risk Strategies: Unlike some EAs that rely on risky methods like Martingale or grid trading, Haven Gold EA uses a safer approach, focusing on price action and market trends.
Recommended Settings
To achieve optimal performance with the Haven Gold EA V1.0, it’s crucial to configure it correctly. Below are the recommended settings for trading XAUUSD on the M1 timeframe with a minimum deposit of $200:
- Currency Pair: XAUUSD (Gold)
- Timeframe: M1 (1-minute)
- Minimum Deposit: $200 (recommended $500 for better risk management)
- Lot Size: 0.01 per $1,000 of capital (for a $200 account, use 0.002 lots)
- Stop-Loss (SL): 30 pips to limit potential losses
- Take-Profit (TP): 10-20 pips to capture small, frequent gains
- Risk Per Trade: Keep risk below 2% of account balance
- Broker: Use an ECN broker with low spreads (e.g., IC Markets, Tickmill) and leverage of at least 1:100
- VPS: Highly recommended for low latency and uninterrupted trading
- News Filter: Enable to avoid trading during high-impact news events
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- Haven Gold EA v1.0 MT4.ex4
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Disclaimer:
The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
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