📌 Introduction
This documentation gives a transparent overview of methods to use and setup Golden Tiger EA and perceive its enter parameters. This documentation is tailor-made for all, whether or not you will have by no means used an EA earlier than, or an skilled dealer.
Golden Tiger is an Skilled Advisor designed to commerce XAUUSD (Gold) utilizing a each day excessive/low breakout technique. It routinely detects the day before today vary and locations breakout trades with threat administration. This EA makes use of a in-built trailing cease loss to comply with behind value when in revenue, this helps to safe earnings.
This EA does NOT use Grid, Martingale, or every other high-risk restoration methods. It trades one route at a time with a strict Cease Loss and Take Revenue, making certain predictable threat on each commerce.
📌 Options
- Each day Breakout Technique –Â Mechanically trades the confirmed XAUUSD each day excessive/low breakout technique by putting pending purchase cease and promote cease orders on the key ranges.
- Good Danger Administration –Â Options % Danger-Primarily based & Mounted lot sizing with built-in Cease Loss, Take Revenue, and Trailing Cease Loss.
- Clever Hole Opening Detection – If XAUUSD opens with a big hole past the day before today’s vary, the EA instantly acknowledges this and executes a market order.
- Non Grid/Martingale –Â This EA does NOT use Grid, Martingale, or every other high-risk restoration methods. It trades one route at a time with a strict Cease Loss and Take Revenue, making certain predictable threat on each commerce.
- Skilled Management Panel –Â Features a visible dashboard for real-time monitoring and handbook management with one-click buttons.
- Devoted assist for all prospects, with open suggestions and dialogue welcomed to make the EA even higher.
📌 Setup
| Parameters | Values |
|---|---|
| Chart | XAUUSD |
| Timeframe | Any |
| Deposit | Min $200 USD |
| Leverage | Min 1:30 |
| Account Kind | Hedging |
| Unfold Kind | RAW/ECN |
Step 1: Open Metatrader 5.
Step 2: Open a XAUUSD chart on any timeframe.
Step 3: After putting in Golden Tiger EA, head to the “Market” Tab in Navigator. Drag and drop “Golden Tiger EA” onto the XAUUSD chart.
Step 4: Click on on Inputs customise/load the set recordsdata. You might select to obtain the set recordsdata I’ve created right here, and cargo them by urgent on “Load”. As soon as completed, press on “Save”.
Step 5: As soon as Setup is accomplished, EA ought to initialize and you’d have the ability to see the EA working in your chart.
📌 Enter Parameters Â
   Danger Administration Settings
- Use Mounted Heaps (True/False) – If set to False, the EA makes use of Auto Lot Measurement primarily based in your account stability and threat proportion, making it adaptive and safer.
- Lot Measurement (Mounted Heaps) – Solely efficient if Parameter “1” has been set to True. Permits consumer to set their most popular fastened lot dimension for all trades.
- Danger Per Commerce (Auto Lot) – Solely efficient if Parameter “1” has been set to False. Mechanically calculates lot dimension to threat solely a set proportion each commerce.
- SL Factors – Mounted Cease Loss Worth.
- TP Factors – Mounted Take Revenue Worth.
- Trailing SL Set off – Variety of Factors in Revenue earlier than Trailing Cease Loss is activated.
- Trailing SL Factors –Â Variety of Factors Trailing Cease Loss will path behind present value.
    EA Settings
- Magic Quantity –Â A novel identifier for the EA’s orders, stopping conflicts with different methods. (If you’re working different EAs on the identical account, please guarantee to make use of completely different Magic Numbers for every EA).
- Commerce Remark – Remark to label all trades positioned by EA
- Commerce Market Opening Gaps (True/False) – If set to True, the EA will immediately enter a commerce if the market opens with a niche past the day before today’s vary. This could ONLY be enabled on RAW/ECN accounts on good brokers as spreads at market open might widen considerably.
- Present Graphical Panel (True/False) – If set to True, it would show the reside management panel on the chart for real-time monitoring and handbook management.
    Buying and selling Days & Time
- Outline Buying and selling Days (Monday – Sunday) – Means that you can choose which days of the week you desire to the EA to commerce.
- Outline Buying and selling Begin Hour & Finish Hour – Means that you can choose the beginning and finish hours for buying and selling for every particular day.
📌 Set Recordsdata
Listed below are the set recordsdata I’ve created:Â Golden Tiger EA V1.43 Set Recordsdata
Set recordsdata for 3-Digit Gold Brokers (e.g., RoboForex): Golden Tiger EA V1.43 RoboForex Set Recordsdata
Please choose a set file primarily based in your threat tolerance. I extremely advocate testing it out on a Demo Account or in Technique Tester first.
📌 Closing Be aware to Shoppers
If you’re nonetheless going through any difficulties or have any queries, please be happy to ship me a DM on MQL5, I will probably be completely satisfied that will help you out!
Written by: Keyan Goh (Developer of Golden Tiger EA)
