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SAVIOUR GOLD BOT EA MT4 – Full Input Settings Analysis
Saviour Gold Bot EA is a sophisticated, advanced Expert Adviser for the MetaTrader 4 platform, giving traders an even more commanding and flexible tool for trading Gold. It is built around a tough backbone that harnesses three fundamental models: Price Channels, Pivots, and Price Action. It’s leading to an astute, yet intuitive way of dealing with the markets. This EA is geared toward accuracy in trading decisions, using combined technical strategies to yield better accuracy and profitability from trading in Gold.
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Order Management & TP/SL Settings
- StopLoss: 20 – Fixed stop loss of 20 pips.
- TakeProfit: 40 – Fixed take profit of 40 pips.
- UseStealthTakeProfit: false – Disables “stealth” TP; broker can see your TP level.
- UseTrailingStop: true – Enables trailing stop to lock in profits as the price moves in your favor.
Trading Strategy
- PriceActionStrategy: true – Uses price action analysis for trade entries.
- Renko: true – Uses Renko chart filtering to eliminate noise and focus on true price action.
- ATR: true – Uses the ATR (Average True Range) indicator to measure volatility and adjust entry/exit points.
News & Market Condition Filters
- NewsFilter: true – Avoids trading during high-impact news releases to reduce risk.
Lot Size Settings
- Initial_Lot: 0.01 – Small initial lot size for low-capital or conservative trading.
Licensing Information
- LicenseKey – Input field for your activation key to unlock the full version of the EA.
Key Takeaways
- Powerful Framework: Based on a combination of Price Channels, Pivots, and Price Action models, it provides a complete approach to Gold trading.
- Advanced Strategy: It employs advanced algorithms in the analysis of market conditions to provide precise and data-driven trade signals to traders.
- User-Friendly: Designed for ease of use, the EA effectively carries out Gold trading while allowing flexibility for different trading styles.