Welcome to the Gold Reaper!
Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to extreme volatile.
The EA uses multiple confirmation algorithms to find the best entry price and runs multiple strategies internally to spread the risk of the trades.
All trades have a stoploss and takeprofit, but also use a trailing stoploss and trailing takeprofit to minimize the risk, and maximize the potential of each trade.
The system is build on the very popular and proven strategy: trading breakouts of important support and resistance levels.
Gold is very suitable for this strategy, as it is a highly volatile pair.
The system auto adapts the trade frequency and lotsize based on your accountsize and your max allowed drawdown setting!
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