📌 Introduction
This documentation supplies a transparent overview of how one can use and setup Golden Tiger EA and perceive its enter parameters. This documentation is tailor-made for all, whether or not you could have by no means used an EA earlier than, or an skilled dealer.
Golden Tiger is an Skilled Advisor designed to commerce XAUUSD (Gold) utilizing a every day excessive/low breakout technique. It mechanically detects the day prior to this vary and locations breakout trades with danger administration. This EA makes use of a in-built trailing cease loss to comply with behind value when in revenue, this helps to safe earnings.
This EA does NOT use Grid, Martingale, or every other high-risk restoration methods. It trades one route at a time with a strict Cease Loss and Take Revenue, making certain predictable danger on each commerce.
📌 Options
- Each day Breakout Technique – Routinely trades the confirmed XAUUSD every day excessive/low breakout technique by inserting pending purchase cease and promote cease orders on the key ranges.
- Good Danger Administration – Options % Danger-Based mostly & Fastened lot sizing with built-in Cease Loss, Take Revenue, and Trailing Cease Loss.
- Clever Hole Opening Detection – If XAUUSD opens with a big hole past the day prior to this’s vary, the EA instantly acknowledges this and executes a market order.
- Non Grid/Martingale – This EA does NOT use Grid, Martingale, or every other high-risk restoration methods. It trades one route at a time with a strict Cease Loss and Take Revenue, making certain predictable danger on each commerce.
- Skilled Management Panel – Features a visible dashboard for real-time monitoring and handbook management with one-click buttons.
- Devoted assist for all prospects, with open suggestions and dialogue welcomed to make the EA even higher.
📌 Setup
| Parameters | Values |
|---|---|
| Chart | XAUUSD |
| Timeframe | Any |
| Deposit | Min $200 USD |
| Leverage | Min 1:30 |
| Account Sort | Hedging |
| Unfold Sort | RAW/ECN |
Step 1: Open Metatrader 5.
Step 2: Open a XAUUSD chart on any timeframe.
Step 3: After putting in Golden Tiger EA, head to the “Market” Tab in Navigator. Drag and drop “Golden Tiger EA” onto the XAUUSD chart.
Step 4: Click on on Inputs customise/load the set recordsdata. You might select to obtain the set recordsdata I’ve created right here, and cargo them by urgent on “Load”. As soon as executed, press on “Save”.
Step 5: As soon as Setup is accomplished, EA ought to initialize and you’d be capable to see the EA operating in your chart.
📌 Enter Parameters
Danger Administration Settings
- Use Fastened Heaps (True/False) – If set to False, the EA makes use of Auto Lot Measurement based mostly in your account stability and danger proportion, making it adaptive and safer.
- Lot Measurement (Fastened Heaps) – Solely efficient if Parameter “1” has been set to True. Permits consumer to set their most well-liked fastened lot dimension for all trades.
- Danger Per Commerce (Auto Lot) – Solely efficient if Parameter “1” has been set to False. Routinely calculates lot dimension to danger solely a set proportion each commerce.
- SL Factors – Fastened Cease Loss Worth.
- TP Factors – Fastened Take Revenue Worth.
- Trailing SL Set off – Variety of Factors in Revenue earlier than Trailing Cease Loss is activated.
- Trailing SL Factors – Variety of Factors Trailing Cease Loss will path behind present value.
EA Settings
- Magic Quantity – A singular identifier for the EA’s orders, stopping conflicts with different methods. (If you’re operating different EAs on the identical account, please guarantee to make use of completely different Magic Numbers for every EA).
- Commerce Remark – Remark to label all trades positioned by EA
- Commerce Market Opening Gaps (True/False) – If set to True, the EA will immediately enter a commerce if the market opens with a spot past the day prior to this’s vary. This could ONLY be enabled on RAW/ECN accounts on good brokers as spreads at market open might widen considerably.
- Present Graphical Panel (True/False) – If set to True, it is going to show the dwell management panel on the chart for real-time monitoring and handbook management.
Buying and selling Days & Time
- Outline Buying and selling Days (Monday – Sunday) – Permits you to choose which days of the week you prefer to the EA to commerce.
- Outline Buying and selling Begin Hour & Finish Hour – Permits you to choose the beginning and finish hours for buying and selling for every particular day.
📌 Set Information
Listed here are the set recordsdata I’ve created: Golden Tiger EA V1.43 Set Information
Set recordsdata for 3-Digit Gold Brokers (e.g., RoboForex): Golden Tiger EA V1.43 RoboForex Set Information
Please choose a set file based mostly in your danger tolerance. I extremely suggest testing it out on a Demo Account or in Technique Tester first.
📌 Closing Word to Shoppers
If you’re nonetheless going through any difficulties or have any queries, please be happy to ship me a DM on MQL5, I will probably be completely happy that will help you out!
Written by: Keyan Goh (Developer of Golden Tiger EA)
