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Golden Algorithm EA

(9 customer reviews)

$22.88$48.05

Introducing the Golden Algorithm EA – your ultimate trading companion. This cutting-edge Expert Advisor is meticulously crafted to optimize your trading strategy and amplify your profits. Additionally, with a lifetime license, you gain unlimited access to its advanced features. For example, it includes precise lot sizing, customizable take profit and stop loss levels, and maximum trade limits for enhanced risk management.
Furthermore, harness the power of momentum and RSI indicators to execute flawless buy and sell signals automatically. Moreover, seamlessly integrated with the Golden Algorithm, this EA ensures you stay ahead of market trends with unparalleled accuracy. Therefore, elevate your trading experience today with the Golden Algorithm EA.

Trading Guidelines

☑️ Suitable instruments: Forex, Commodities, Indices, Stocks and Crypto
☑️ Suitable timeframes: Daily, 4 Hours, 1 Hours, 30 Minutes, 15 Minutes, 5 Minutes

Software Information

☑️ Unlimited Installations
☑️ Lifetime Licence
☑️ All currency pairs

Guaranteed Safe Checkout
  • Our expert advisor comes without preset input parameters, giving you the freedom to backtest and find the best settings that fit your trading style, ultimately helping you achieve success.

Achieve Trading Excellence with Golden Algorithm EA

Unlock the potential of automated trading with the Golden Algorithm EA (Expert Advisor) for MT4 (Metatrader 4). Moreover, this EA enhances your trading strategy by leveraging advanced indicators and automated trading logic. Whether you’re a seasoned trader or a newcomer, Golden Algorithm Expert Advisor offers an intelligent solution for optimizing your trading performance in the dynamic forex market.

Unlock financial success with our guide on How to Be Profitable and Make Money Trading Golden Algorithm – Expert Advisor. Discover unique insights and practical tips to optimize your strategies and maximize returns. Whether you’re an experienced trader or just starting out, this guide offers proven techniques to harness the full potential of Golden Algorithm EA. Learn to fine-tune your trading for unparalleled profitability and consistent success. Don’t miss out—visit How to Be Profitable and Make Money Trading Golden Algorithm EA now and elevate your trading journey!

How It Works: Advanced Strategies for Smarter Trading

Golden Algorithm EA combines the power of the Momentum and Relative Strength Index (RSI) indicators. Consequently, the EA generates buy and sell signals based on these indicators, ensuring trades are executed at optimal times.
For example, when the Momentum indicator signals an increase and the RSI remains below the overbought level, the EA triggers a buy order. Conversely, when the Momentum indicator signals a decrease and the RSI stays above the oversold level, the EA initiates a sell order. This dual-indicator approach enhances the accuracy and reliability of trade signals.

Key Features: Innovative Tools for Enhanced Trading

  • Precision Signal Generation: Utilizes Momentum and RSI indicators for accurate buy and sell signals. Therefore, you can rely on these signals for your trading decisions.
  • Customizable Parameters: Adjust lot size, take profit, stop loss, and trailing stops to fit your trading style. Furthermore, this customization ensures the Golden Algorithm EA matches your specific needs.
  • Martingale Strategy: Optional Martingale feature to amplify profits by increasing trade sizes after losses. Additionally, this strategy can potentially enhance profitability.
  • Automated Execution: Ensures timely and efficient trades by executing automatically based on predefined criteria, thus reducing manual intervention and errors. Consequently, you can focus on strategy rather than execution.
  • Comprehensive Risk Management: Implements robust risk management tools to protect your capital and minimize losses. Moreover, these tools provide a safety net for your investments.
  • Lifetime License: Benefit from continuous updates and support with a one-time purchase. Additionally, this ensures long-term value for your investment.

Why Choose Golden Algorithm EA: Your Key to Consistent Profits

Golden Algorithm EA for Metatrader 4 stands out for its ability to integrate Momentum and RSI indicators, thereby providing a powerful and reliable trading solution. Moreover, its extensive customization options allow you to fine-tune your trading strategy. The automated execution ensures timely and efficient trades.
Additionally, the optional Martingale strategy offers an added edge, potentially increasing profitability. By choosing Golden Algorithm MT4 Expert Advisor, you gain a competitive advantage, achieving consistent and enhanced trading results.

Transform Your Trading Journey with Golden Algorithm EA

Elevate your trading to new heights with the KOKOSHELL Golden Algorithm Expert Advisor for Metatrader 4. This Expert Advisor delivers a comprehensive, automated trading solution, leveraging the proven effectiveness of Momentum and RSI indicators. Moreover, with extensive customization, robust risk management, and an optional Martingale strategy, Golden Algorithm Expert Advisor optimizes your trading performance. Consequently, you can achieve your trading goals with greater confidence and success.

Expert Advisor Settings:

  1. Lot size for trading: The size of each trade lot.
  2. Take profit in points: Defines the number of points at which a trade will automatically close in profit. For example, if set to 50 points, the trade will close when it gains 50 points.
  3. Stop loss in points: Defines the number of points at which a trade will automatically close to limit losses. For example, if set to 30 points, the trade will close when it loses 30 points.
  4. Trailing start in points: The number of points in profit a trade must reach before the trailing stop mechanism is activated. For example, if set to 15 points, the trailing stop will activate once the trade is 15 points in profit.
  5. Trailing stop in points: The number of points to trail the stop loss behind the current price once the trailing start is activated. For example, if set to 15 points, the stop loss will trail 15 points behind the current price.
  6. Magic Number: A unique identifier for the trades placed by this Expert Advisor, used to distinguish its trades from others.
  7. Maximum total number of open trades: The maximum number of trades that can be open at any one time. For example, if set to 1, the EA will not open more than 1 trade simultaneously.

Indicator Settings:

  1. Period for Momentum indicator: The number of periods used to calculate the Momentum indicator.
  2. Period for RSI indicator: The number of periods used to calculate the Relative Strength Index (RSI) indicator.
  3. RSI oversold level: The RSI level below which the market is considered oversold. For example, if set to 30, the market is oversold when the RSI is below 30.
  4. RSI overbought level: The RSI level above which the market is considered overbought. For example, if set to 70, the market is overbought when the RSI is above 70.

Achieving success with this Expert Advisor (EA) relies heavily on understanding and correctly configuring each input parameter. The parameters allow for precise control over the trading strategy, including how trades are opened, managed, and closed. By tailoring these settings to suit your trading goals and market conditions, you can optimize the performance of the EA. Proper configuration of the Take Profit, Stop Loss, and Trailing mechanisms ensures effective risk management, while the use of indicators like Momentum and RSI helps in identifying optimal entry and exit points. Understanding and leveraging these parameters correctly can significantly enhance your trading strategy and increase the likelihood of achieving consistent success.

Expert Advisor Settings:

  1. Lot size for trading: The size of each trade lot.
  2. Take profit in points: Defines the number of points at which a trade will automatically close in profit. For example, if set to 50 points, the trade will close when it gains 50 points.
  3. Stop loss in points: Defines the number of points at which a trade will automatically close to limit losses. For example, if set to 30 points, the trade will close when it loses 30 points.
  4. Trailing start in points: The number of points in profit a trade must reach before the trailing stop mechanism is activated. For example, if set to 15 points, the trailing stop will activate once the trade is 15 points in profit.
  5. Trailing stop in points: The number of points to trail the stop loss behind the current price once the trailing start is activated. For example, if set to 15 points, the stop loss will trail 15 points behind the current price.
  6. Magic Number: A unique identifier for the trades placed by this Expert Advisor, used to distinguish its trades from others.
  7. Maximum total number of open trades: The maximum number of trades that can be open at any one time. For example, if set to 1, the EA will not open more than 1 trade simultaneously.
  8. Close on Opposite Signal: Determines whether to close trades when an opposite trading signal is generated. If set to true, the EA will close open trades when the conditions for an opposite trade are met.

Indicator Settings:

  1. Period for Momentum indicator: The number of periods used to calculate the Momentum indicator.
  2. Period for RSI indicator: The number of periods used to calculate the Relative Strength Index (RSI) indicator.
  3. RSI oversold level: The RSI level below which the market is considered oversold. For example, if set to 30, the market is oversold when the RSI is below 30.
  4. RSI overbought level: The RSI level above which the market is considered overbought. For example, if set to 70, the market is overbought when the RSI is above 70.

Martingale Settings:

  1. Activate Martingale Yes/No: Determines whether the Martingale strategy is enabled. If set to true, the Martingale strategy will be used.
  2. Lot Multiplier for Martingale Trades: The factor by which the lot size is increased after a losing trade. For example, if set to 2.0, the lot size will double after each loss.
  3. Step for Martingale in Pips: The number of pips of loss required to trigger the next Martingale trade. For example, if set to 20 pips, the next trade will be triggered after a 20-pip loss.
  4. Maximum Martingale Total Trades: The maximum number of Martingale trades that can be open at any one time. For example, if set to 3, no more than 3 Martingale trades will be opened.

Achieving success with this Expert Advisor (EA) relies heavily on understanding and correctly configuring each input parameter. The parameters allow for precise control over the trading strategy, including how trades are opened, managed, and closed. By tailoring these settings to suit your trading goals and market conditions, you can optimize the performance of the EA. Proper configuration of the Take Profit, Stop Loss, and Trailing mechanisms ensures effective risk management, while the use of indicators like Momentum and RSI helps in identifying optimal entry and exit points. Enabling and configuring the Martingale settings can help recover losses, but must be used cautiously due to the high risk involved. Understanding and leveraging these parameters correctly can significantly enhance your trading strategy and increase the likelihood of achieving consistent success.

In the latest v.5 of the Golden Algorithm EA, two new input parameters have been introduced to significantly enhance risk management and trading efficiency: Daily Target Settings and Time Settings. These features provide traders with advanced control over their trading activities, ensuring disciplined and optimized trading strategies. By setting specific parameters for daily profit and loss limits, as well as defining precise trading hours, these new settings help traders achieve consistent success while minimizing risks. Below, we explore the detailed functionalities of these settings and their importance in effective trading.

Daily Target Settings

  1. Activate Max Daily Loss: This parameter enables the feature to set a maximum loss limit for the day. By activating this setting, traders can ensure that their total daily losses do not exceed a predefined threshold, protecting their capital from significant drawdowns.
  2. Maximum Daily Loss in USD: This setting defines the maximum allowable loss in USD for a single trading day. If the total losses reach this amount, the EA will stop opening new trades, preventing further losses and helping to preserve the trading account.
  3. Activate Max Daily Profit: This parameter enables the feature to set a maximum profit target for the day. Activating this setting allows traders to lock in their profits once a certain profit level is achieved, ensuring that gains are secured without the risk of market reversals eroding the profit.
  4. Maximum Daily Profit in USD: This setting specifies the maximum profit target in USD for a single trading day. Once this profit target is met, the EA will halt trading activities, thereby securing the gains for the day and preventing overtrading.

Time Settings

  1. Enable Open/Close Time: This parameter allows traders to define specific times during which trades can be opened. By enabling this setting, traders can restrict trading activities to specific hours of the day, aligning trading operations with preferred market conditions or personal schedules.
  2. Open Trades Time (HH:MM): This setting specifies the exact time when the EA is allowed to start opening new trades. It ensures that trades are initiated only during the predefined trading window.
  3. Close Trades Time (HH:MM): This setting defines the exact time when the EA should stop opening new trades. By setting a closing time, traders can avoid entering new positions late in the day or during less favorable market conditions.
  4. Enable Close All Time: This parameter activates the feature to close all open trades at a specific time. It ensures that no trades are left open beyond a certain time, thereby avoiding overnight risks or unplanned exposure.
  5. Close all Trades Time (HH:MM): This setting specifies the exact time when all open trades should be closed. It helps in wrapping up trading activities for the day and managing the risks associated with holding positions beyond the intended trading hours.

The introduction of Daily Target Settings and Time Settings in v.5 of the automated trading software represents a significant advancement in trading risk management. The Daily Target Settings allow traders to cap daily losses and secure profits, ensuring that trading activities remain within safe and predefined limits. This is crucial for preserving capital and maintaining a disciplined approach to trading. The Time Settings offer traders the ability to control trading windows, aligning their activities with optimal market conditions and personal schedules. By defining precise trading hours and ensuring that trades are not left open beyond intended periods, these settings help minimize risks associated with unfavorable market conditions and overexposure. Together, these new features provide a robust framework for achieving consistent and profitable trading outcomes, making them indispensable for traders aiming to optimize their strategies and enhance their trading success.

Install the Expert Advisor

  1. Download and Run MetaTrader 4 App
    • Visit the MetaTrader 4 official website and download the application.
    • Follow the installation instructions to set up MetaTrader 4 on your computer.
  2. Select ‘File’ from the Main Menu
    • Open MetaTrader 4 and look at the top menu bar.
    • Click on ‘File’ to open a dropdown menu.
  3. Open Data Folder
    • From the dropdown menu, click on ‘Open Data Folder.’ This action will open a new folder panel.
  4. Navigate to the ‘MQL4’ Folder
    • Inside the new folder panel, find and open the ‘MQL4’ folder.
    • Within ‘MQL4,’ locate the ‘Experts’ folder.
  5. Drag and Drop Your EA File
    • Drag and drop your Expert Advisor (EA) file into the ‘Experts’ folder.
  6. Restart MetaTrader 4
    • Close and reopen MetaTrader 4 to apply the changes and load your EA.

Verify Broker Compatibility

  • Ensure your broker supports EAs and has no restrictions on automated trading.

Backtest the EA's Strategy

  1. Open Strategy Tester Terminal
    • In MetaTrader 4, press Ctrl + R or go to ‘View’ and select ‘Strategy Tester.’
  2. Select the EA from the Dropdown
    • In the Strategy Tester panel, choose your EA from the dropdown menu.
  3. Configure the Backtest Settings
    • Select the symbol (currency pair) you want to test.
    • Choose the model (e.g., every tick) and set the date range for your test.
  4. Adjust Expert Properties
    • Click on ‘Expert Properties’ to adjust the input parameters of your EA, such as LotSize, TakeProfitPoints, and StopLossPoints.
    • For each parameter, define a Start value (initial value), a Step value (increment value), and an End value (maximum value). This allows the Strategy Tester to run multiple iterations with different parameter settings to find the optimal configuration.
  5. Run the Backtest
    • Click ‘Start’ to run the backtest. MetaTrader 4 will simulate trades based on historical data.
  6. Analyze Optimization Results
    • After the backtest completes, go to the ‘Optimization Results’ tab to review the performance metrics and results.

Set Up a Demo Account

  • Create a demo account in MetaTrader 4 to test your EA in real market conditions without risking real money.

Run the Expert Advisor

  1. Ensure AutoTrading is On
    • In MetaTrader 4, make sure the ‘AutoTrading’ button on the toolbar is activated (green).
  2. Enable Automated Trading
    • From the menu, navigate to ‘Tools’ > ‘Options’ > ‘Expert Advisors.’
    • Ensure ‘Allow automated trading’ is checked.
  3. Load the EA onto a Chart
    • Open a chart for the desired symbol and timeframe.
    • Drag and drop your EA from the Navigator panel onto the chart.
  4. Adjust Settings Based on Backtest Results
    • Open the EA settings and adjust parameters to match the optimal settings found during backtesting.
    • Set the risk parameters to align with your trading strategy and risk tolerance.

Monitor and Adjust the EA

  • Continuously monitor the EA's performance, especially in the initial phase.
  • Make adjustments as needed based on performance and changing market conditions.

Learning and Support Resources

  • Utilize forums, tutorials, and support communities to learn more about using EAs and troubleshooting issues.

Getting started with your Expert Advisor involves a systematic process of installation, backtesting, and execution. Installing the EA on MetaTrader 4 is straightforward but crucial, ensuring that the platform recognizes and can run your EA. Backtesting is an essential step that allows you to evaluate the performance of your EA against historical data, providing insights into its potential profitability and risk management. By analyzing optimization results, you can fine-tune your EA’s parameters for optimal performance. Finally, running the EA on a live chart requires enabling auto-trading and carefully adjusting settings to reflect the findings from your backtesting phase. This meticulous approach not only helps in understanding how the EA operates but also in achieving consistent and successful automated trading results. Backtesting, in particular, is vital as it helps in identifying strengths and weaknesses in your strategy, allowing for informed adjustments before risking real capital. With careful setup and continuous monitoring, your journey into automated trading can be both rewarding and educational.

9 reviews for Golden Algorithm EA

  1. Ethan Miller

    Golden Algorithm EA boosted my trading profits. It’s incredibly efficient.

  2. Emily Clarke

    Very useful tool. Enhanced my trading strategy significantly.

  3. Liam Thompson

    Fantastic results with this EA. My trades are more accurate and profitable.

  4. Ava Mitchell

    Effective EA, but the setup was a bit complex. Worth it in the end.

  5. Noah Johnson

    My trading performance improved drastically. Highly recommend Golden Algorithm EA.

  6. Sophia Brown

    Great tool for consistent trades. Took some time to master, but very effective.

  7. Lucas Anderson

    Outstanding EA! My trading success has increased significantly since using it.

  8. Olivia Green

    Solid performance overall. Helps me stay consistent with trades.

  9. Sarah Lee

    Using this advisor has been a game-changer for me. The setup was so simple, and the results were almost immediate. Its strategic approach to trading is impressive, and the risk management features are excellent. I’ve never felt more confident and secure in my trades. This tool is definitely worth it!

Only logged in customers who have purchased this product may leave a review.

How do I set up the Golden Algorithm EA for optimal trading?

To set up the Golden Algorithm EA, adjust the input parameters to align with your trading strategy and risk management preferences. Key settings include LotSize to determine trade size, TakeProfitPips and StopLossPips to set profit and loss thresholds, and TrailStart and TrailStop for trailing stop management. The MagicNumber should be unique to avoid conflicts with other EAs. Use MaxTotalTrades to limit the number of simultaneous trades, and decide if trades should close on opposite signals using the CloseOnOpposite setting. Configuring these parameters helps tailor the EA's performance to your trading goals.

What is the trading strategy employed by the Golden Algorithm EA?

The Golden Algorithm EA uses a strategy based on the Momentum and Relative Strength Index (RSI) indicators. It generates buy signals when the momentum rises above 100 and the RSI is below the overbought level, indicating upward momentum and a potential buying opportunity. Conversely, sell signals are generated when momentum falls below 100 and the RSI is above the oversold level, signaling downward momentum and a potential selling opportunity. This strategy aims to capitalize on market momentum and trend reversals, maximizing profit potential while minimizing risks.

How do the Momentum and RSI indicators function within the EA?

In the Golden Algorithm EA, the Momentum indicator measures the rate of change in price, helping to identify the strength and direction of price movements. The RSI indicator evaluates the magnitude of recent price changes to detect overbought or oversold conditions. Buy signals are generated when the momentum rises above 100 and the RSI is below 70, indicating strong upward momentum without being overbought. Sell signals occur when momentum drops below 100 and the RSI is above 30, suggesting strong downward momentum without being oversold. These indicators work together to provide accurate trading signals.

How can I effectively backtest the Golden Algorithm EA?

To backtest the Golden Algorithm EA, use the MetaTrader 4 strategy tester. Select the EA, currency pair, and time frame for the backtest. Ensure high-quality historical data is available for precise results. Configure the EA's settings, such as lot size, take profit, and stop loss levels, to match your strategy. Run the backtest and analyze the outcomes, focusing on key performance metrics like profit, drawdown, and win rate. Backtesting helps evaluate the EA's effectiveness under different market conditions and optimize its settings for live trading.

What role does the Magic Number play in the Golden Algorithm EA?

The Magic Number in the Golden Algorithm EA is a unique identifier used to manage and track trades opened by the EA. It ensures the EA only interacts with its own trades, preventing interference with trades placed manually or by other EAs. This identifier is crucial for organized trade management, particularly when running multiple EAs on the same account. The Magic Number helps maintain clarity and control over each EA's operations, ensuring accurate trade execution and management.

How does the Martingale strategy work in the Golden Algorithm EA?

The Martingale strategy in the Golden Algorithm EA increases the lot size of subsequent trades following a loss to recover losses more quickly. When activated, the EA uses the MartingaleMultiplier and MartingaleStepPips settings to determine the size and spacing of Martingale trades. The maximum number of Martingale trades is set by MaxMartingaleTrades. While the Martingale strategy can enhance profit potential, it also increases risk by amplifying exposure during losing streaks. Use this strategy cautiously, ensuring it aligns with your overall risk tolerance and trading strategy.

How does the trailing stop feature benefit trading in the Golden Algorithm EA?

The trailing stop feature in the Golden Algorithm EA helps lock in profits as trades move in a favorable direction. When a trade reaches the TrailStart profit level, the trailing stop activates. It adjusts the stop loss to trail the market price by the TrailStop distance, securing profits while allowing the trade to continue benefiting from favorable market movements. This dynamic adjustment helps maximize gains during profitable trends and reduces potential losses if the market reverses, effectively managing risk and optimizing trade outcomes.

Why is setting the maximum number of open trades important in the EA?

Setting the MaxTotalTrades parameter in the Golden Algorithm EA limits the number of simultaneous open trades. This control is crucial for managing risk and preventing over-leveraging. By capping the total number of trades, you ensure the EA maintains a balanced risk exposure and avoids excessive drawdowns during volatile market conditions. This setting helps align the EA's trading activity with your overall risk management strategy, maintaining a sustainable and controlled trading approach.

How does the Golden Algorithm EA handle risk management through its stop loss settings?

The Golden Algorithm EA manages risk using a fixed stop loss (StopLossPips) defined in points. This setting limits the maximum loss per trade, protecting your account from significant drawdowns. The EA also includes a trailing stop mechanism to adjust the stop loss as the trade moves in your favor, securing profits and minimizing risk exposure. By setting appropriate stop loss levels and utilizing trailing stops, the EA adheres to robust risk management practices, balancing potential rewards with acceptable risk levels.

What are the advantages and disadvantages of using the Martingale settings in the Golden Algorithm EA?

The Martingale settings in the Golden Algorithm EA offer an aggressive method for recovering losses by increasing the lot size of subsequent trades after a loss. This approach can lead to higher profits during favorable market conditions. However, it also significantly increases risk, as consecutive losses can result in substantial drawdowns. The benefits include potentially faster recovery of losses and increased profit potential, while the risks involve higher exposure and the possibility of large losses. It is crucial to use the Martingale settings with caution and ensure they fit within your overall risk management and trading strategy.

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