Golden Train EA V1.1 MT5

The “Golden Train EA V1.1” is an Expert Advisor (EA) designed for the MetaTrader 5 (MT5) platform, aiming to automate trading activities. Below is a structured overview of its key operational parameters:

Key Features:

Minimum Deposit:

• The EA requires a minimum deposit of $500 to operate effectively.

Time Frame:

• Designed to run on the M15 (15-minute) time frame, balancing trade frequency and market noise.

Currency Pairs:

• Optimized for major currency pairs, including XAUUSD (Gold).

 

Trading Strategy:

• Mean Reversion Approach: The EA identifies overbought or oversold conditions, anticipating price corrections towards the mean.
• Trailing Stops: Utilizes trailing stops to lock in profits as trades move favorably.
• Risk Management: Incorporates features to manage drawdowns and protect capital.

This EA leverages statistical models to predict price movements, aiming for consistent returns while managing risks effectively.