FX Core Gold EA V9

The FX Core Gold EA V9 is a fully automated trading robot that focuses on gold trading. In this article, we will take a closer look at the FX Core Gold EA V9 and examine its features, settings, and strategy. By the end of this article, readers will have a comprehensive understanding of the FX Core Gold EA V9 and be able to decide whether it is the right trading robot for them.

FX Core Gold EA V9 Strategy

The FX Core Gold EA V9 is a fully automated forex trading bot that is designed to trade Gold on the MetaTrader 4 platform. It analyzes multiple time frames and is designed to open and close trades automatically based on its proprietary trading strategy. It uses a unique trading strategy that trades only XAU/USD as designed by the developer.

FX Core Gold EA V9
FX Core Gold EA V9

It works best on the XAUUSD trading instrument (Gold) on the hourly chart and above. The EA analyzes the market tick by tick and checks if the entry option is still valid. Traders can adjust the lot sizes accordingly and use this bot on any account size. The EA can be used by traders of any level who wish to trade Gold automatically.

FX Core Gold EA V9 Activity
FX Core Gold EA V9 Activity

However, the EA is only suitable for trading Gold, which may limit its appeal to traders who want a diversified portfolio. It also does not perform well in volatile market conditions, which can lead to significant losses. To use the FX Core Gold EA V9, traders should exercise caution and implement appropriate risk management strategies. It is important to test the EA on a demo account first, and only trade with funds that you can afford to lose.

FX Core Gold EA V9 Features

  • Fully automated trading robot
  • Continuously analyzes the market tick by tick and checks if the entry option is still valid
  • Uses a proprietary trading strategy to open and close trades
  • Works best on XAUUSD (Gold) trading instrument on the hourly chart and above
  • Supports trade sell only or buy only
  • Built-in news filter
  • Comes with all capital presets, including a preset for the FTMO funding program
  • Can be used on any account size, just adjust the lot sizes accordingly
  • Uses appropriate risk management strategies

FX Core Gold EA V9 Settings

  • Display info- Toggles on/off the display of information on the chart
  • Background Color- Changes the background color of the chart
  • Maximum trades- Sets the maximum number of trades that the EA can open
  • Hard stop loss- Sets a fixed stop loss for all open trades
  • Enable grid- Toggles on/off the use of a grid system for opening trades
  • Close all orders- Closes all open trades
  • Magic number- Assigns a unique identifier to trades opened by the EA
  • Lot mode- Determines the lot size calculation method
  • Minimal profit close- Closes trades when they reach a specified minimum profit
  • Trailing stop- Sets a trailing stop loss for all open trades
  • Break-even- Sets a stop loss at the opening price for all open trades when they reach a specified profit level
  • Take equity stop- Closes all trades when the account equity reaches a specified level

FX Core Gold EA V9 Summary

The FX Core Gold EA V9 is a trading robot designed for the gold market, with the ability to make trading decisions with minimal human intervention. Its strength lies in the analysis of multiple time frames and pairs, making it worth considering for both experienced and novice traders.

However, it’s important to note that like any trading robot, there are no guarantees, and losses can still occur. Therefore, it’s crucial to perform proper testing and implement effective risk management strategies to minimize potential losses. Using the EA with caution and proper risk management is highly recommended.

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