Gold Veritas MT5

Description

All the parameters necessary for the most understandable and simple optimization are available in just 6 settings. You can adapt the adviser to your preferences: adjust risk levels or customize it yourself for a specific broker. Parameters of 4 currency pairs are already built into the EA code: XAUUSD, XAUJPY, XAUAUD, XAUEUR. Please note that not all brokers provide such pairs for trading. You can use the default settings or change the settings as you like.

Advantages:

It is possible to use pending orders – this significantly reduces slippage
The EA does not use averaging orders, martingale and other dangerous trading methods
All transactions will be closed within 3-5 hours
Each transaction is accompanied by Stop-loss and Take-profit, as well as a limitation on the life of the transaction
Built-in volatility filter, optimized for each currency pair
The EA does not use news filters
All trades comply with FIFO rules
Recommendation: $100 to trade 0.01 lots to trade all 4 pairs on the list. I also recommend using Gold Veritas on ECN or RAW accounts and with low ping VPS .

General settings:

Magic – You can set any number for all pairs, the main thing is that this number does not coincide with the magic number of other experts.
Comment – You can specify any comment convenient for you to recognize trades in history.
GMT – you must specify the broker’s winter time.
DST – you must specify the DST of your broker. If you do not know how to set the GMT time correctly – write to me, I will help you with the settings.
Lot type – if Fix, then the EA will work with a fixed lot. If Auto is selected, the EA will calculate the lot based on your balance.
Lot – if the lot is fixed, specify a fixed volume. If Auto lot is selected, then specify the lot for automatic calculation.
The amount of the balance/quity to increase the lot – If the lot is Auto, specify the step to increase the lot
Trade Direction – allow trading only Buy/Sell/Any
Read more about the settings and optimization of the adviser here