Description
Gold Light Smart is an EA configured on FXCE Giga, utilizing the MACD indicator combined with Bollinger Bands and the DCA algorithm for trading Gold.
Trading Strategy of Gold Light Smart:
Description of the Strategy:
- Buy Order: The MACD line crosses above the 0 level, and the candle closes above the middle band of the Bollinger Bands.
- Sell Order: The MACD line crosses below the 0 level, and the candle closes below the middle band of the Bollinger Bands.
- Fixed trading volume is set at 0.1, and the Take Profit is set at 30 Pips.
- There will be no Stop Loss for each order; instead, the EA will use the DCA algorithm and close profits based on the average price according to the Target Profit of $10.
Technical Indicators:
- MACD (8, 26, 5)
- BB(20) (Note: Custom Indicator BB is used, not the standard Bollinger Bands in Mt5)
Configuring Giga Gold Light Smart:
Setting the Buy Entry Point
Setting the Sell Entry Point
Volume and Take Profit for each order
Setting up DCA
Features:
- Data Buffer for use in Giga.
- Simple and easy to use.
Reviews
There are no reviews yet.