EA NGAWUR M4 NoDLL: A Real Trading Strategy for Gold

Overview

The EA NGAWUR M4 NoDLL is an EA designed specifically for M4. Unlike many other Gold EAs on the market, this one employs a real trading strategy rather than risky grid or martingale systems. It focuses on breakouts of daily support and resistance levels, making it effective for the volatile Gold market.

Key Features:

Real Trading Strategy: EA NGAWUR uses a disciplined approach to gold trading.
Breakout Entries: When price breaks above a daily resistance level or below a daily support level, the EA enters a trade in the direction of the breakout.
Risk Management: Each trade has predefined Take Profit (TP) and Stop Loss (SL) levels from the start, ensuring risk management. Additionally, the EA uses a trailing stop to lock in profits as price moves favorably.
Multiple Strategies: The EA incorporates different strategies that work seamlessly together, resulting in a stable growth curve with occasional losses—realistic and transparent.

Minimum Deposit

To get started with the EA NGAWUR V3, we recommend the following minimum account balances:

Conservative Mode: $100
Intensive Mode + Recovery: $500 Higher balances allow for more flexibility.

Recommended Timeframe

The EA works well on the H1 (1-hour) timeframe. This time frame strikes a balance between capturing significant market movements and avoiding excessive noise.

Currency Pair

The EA is optimized for XAUUSD (Gold). However, it can also be used with other currency pairs such as EURUSD, GBPUSD, or AUDUSD.

How to Set Up EA NGAWUR M4 NoDLL

Pair: Open a gold (XAUUSD) chart on the H1 timeframe.
Attach: Drag and drop the EA to the chart.
Lot Size: Adjust the lot size settings based on your account balance.
Risk Management: Start with a conservative risk of 1% per trade using the “Risk per Trade” setting.

Stay Updated:

Join our Telegram group: Forex Channel for real-time settings, support, and discussions.

Additional Resources:

Instant Download: Forex Channel

Contact: micelwin@gmail.com