The speaker shares an advanced Gold trading EA that has been successful for them. The EA can be downloaded for free and the strategy involves using candlesticks on the M1 timeframe with a minimum body height requirement. The EA has an exit condition and stop loss level. The speaker emphasizes the importance of reversing trades when seeing the opposite signal and not letting emotions get in the way of trading success. The speaker also mentions a free tool they are working on for strategy signals and Algo trading on TradingView.
Advanced Gold Trading EA: A Strategy for Success
Introduction
– Overview of Advanced Gold Trading EA
– Personal success with the EA in recent weeks and months
– Free download available
– Explanation of EA and MetaTrader platform
– Hint at future Algo trading on TradingView
– Teaser for upcoming free tool for strategy signals and Algo trading on TradingView
The Strategy
– Candlestick analysis used for strategy
– Importance of minute timeframe
– Buy signal requires three bearish candlesticks
– Sell signal requires three bullish candlesticks
– Minimum body height of 35 pips required for candlesticks
– Exit condition using Accelerator Oscillator below -1.75
– Use of Stop Loss for risk management
– Reversal strategy for opposite signals
Backtesting and Results
– Backtesting on MetaTrader using Expert Advisor
– Successful results with over 280 trades
Conclusion
– Final thoughts on strategy and success in trading
– Encouragement to try the EA for yourself and support channel by liking and subscribing.