WE HAVE DISABLED THE ADD TO CART BUTTON, BECAUSE THIS EXPERT ADVISOR IS NO LONGER WORKING, PLEASE SEARCH FOR ( TESTED ON 1420 ) IN THE MENU, THOSE ARE THE ONLY EAS CURRENTLY WORKING FOR MT4. ANYWAY WE ARE WORKING TO RECOMPILE AND MAKE THEM WORK AGAIN SOON.
Unveiling Mukbang EA Gold: A Trend-Following Marvel for Automated GOLD Trading on MT4
In the fast-paced world of forex trading, Mukbang EA Gold emerges as a trend-following powerhouse, specifically designed for trading the GOLD currency pair on the M5 timeframe. With its fully automated functionality, this expert advisor (EA) operates seamlessly on autopilot, making it an attractive solution for traders seeking hands-free strategies. Let’s delve into the intricacies of Mukbang EA Gold, exploring its strengths, weaknesses, and unique features that set it apart in the realm of algorithmic trading.
Understanding the Strategy:
Mukbang EA Gold employs a trend-following strategy that identifies market trends and strategically opens positions in the direction of these trends. The brilliance lies in its advanced technology, allowing the EA to place BUY and SELL orders when specific market conditions are met. Notably, the EA incorporates a distinctive approach to position sizing, dynamically adjusting based on the current market volatility.
Strengths of Mukbang EA Gold:
Full Automation: Mukbang EA Gold operates on autopilot, eliminating the need for constant market monitoring. This feature makes it an ideal choice for traders with busy schedules who seek an automated trading solution.
Risk Management: The EA comes equipped with a robust risk management system, limiting drawdowns to a maximum of 50%. This feature emphasizes prudent risk management, a crucial aspect of successful trading.
Demo Trading Availability: Mukbang EA Gold allows traders to test its capabilities in a risk-free environment through demo trading. This feature provides an opportunity for users to assess the EA’s performance and suitability before committing real funds.
Recommended Settings:
To optimize Mukbang EA Gold, traders can customize settings such as Lots MaxLots for automatic lot calculation, Take Profit in points, Total Equity Risk for maximum equity risk per trade, and Max Trades_16 for the maximum number of simultaneous trades. The EA also offers options like setting trading hours on Fridays and Mondays, enabling a news filter, and utilizing a unique authorization key for added security.
Weaknesses and Considerations:
Lack of Transparency: The EA’s advanced technology might pose a challenge for traders looking for transparency in trading decisions. The proprietary algorithm remains closed for scrutiny, potentially causing skepticism among traders.
Understanding the Algorithm: Traders may find it challenging to comprehend the intricate workings of Mukbang EA Gold’s algorithm, raising concerns about trust and reliance on the EA’s trading strategy. Testing the EA on a demo account is crucial to gaining confidence in its performance.
Conclusion:
Mukbang EA Gold stands out as a fully automated forex trading robot, offering traders the convenience of autopilot trading in the GOLD currency pair on the M5 timeframe. Its strength lies in its advanced technology, trend-following strategy, and effective risk management system. While the lack of transparency may be a concern, the availability of demo trading provides an avenue for users to assess and understand the EA’s capabilities before deploying it in live trading.
Traders considering Mukbang EA Gold should approach it with caution, supplementing its use with good risk management practices and not solely relying on reported performance. With a recommended deposit of at least $1000 for a Lot size of 0.01, Mukbang EA Gold opens the door to potential returns of 40-50%, making it a compelling option for traders seeking an automated solution in the dynamic world of forex trading.
Brand
EA MT4
Refund
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great Bot, recommended