Forex SR XAUUSD Expert Advisor

Forex SR XAUUSD Expert Advisor review:

SR XAUUSD is an advance trading system, uses support and resistance breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS and smart lockprofit. This EA is very easy to use and it does not use up your CPU or memory.

SR XAUUSD is for D1 XAUUSD, however you can change the settings to use it on other currencies. For best result, I recommend broker with maximum spread of  30 pip on XAUUSD.

This EA has gone Optimization test with Backtest in MetaTrader 4 with 99% Modelling Quality.

  • No martingale
  • No Grid
  • Always use Stoploss to secure your investment
  • Easy to use (No complicated settings)

Parameters

  • Riskexp – risk exponential of balance to trade, if you are using Risk = 0 it will trade a fixed lot.
  • Stoploss – stoploss from as many points.
  • TakeProfit – take profit from as many points.
  • LockProfit – locking in your profits.
  •  OrdeerMagic – magic number of order.
  • TimeStart – the start time of the EA.
  • TimeEnd – the end time of the EA.

Minimum Requirements

  • 2 digits for XAUUSD (example: 1367.12).
  • Low spread: 15-30 points for XAUUSD.
  • Minimum account Leverage is 1:100, maximum is 1:500.
  • Allowed scalping and stop level = 0.
  • Allowed micro lots trade: 0.01 lot.
  • Minimum balance $200 for 0.01 lot.
  • Fast order execution and low latency VPS=1ms.

Test results:

Forex SR XAUUSD Expert Advisor

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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