SFE Gold Fever EA places trades based on the trend. EA adequate for symbols that usually move in strong trends, or any symbol which has a lower trend period with Higher amplitude. For this reason, It works very well with XAUUSD (GOLD), because this symbol tends to move in strong mid/long term trends like Bitcoin.
SFE Gold Fever EA open around one trade per week and doesn’t use dangerous strategies like grid, Martingale, hedge.
- Minimum account balance of 100$
- Work Best On XAUUSD or similar pairs to that. (Work on all Pairs)
- Only Work on 5M Time Frames
- Use this free forex EA on a VPS with minimal network latency to the broker’s server(Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is recommended (Find the Perfect Broker For You Here)
- Open long positions. 0: no 1: yes
- Open short positions. 0: no 1: yes
- Use M5 Timeframe. 0-no 1-yes
- Use M15 Timeframe. 0-no 1-yes
- Use M30 Timeframe. 0-no 1-yes
- Use H1 Timeframe. 0-no 1-yes
- Stop loss distance multiplier
- Take profit distance multiplier
- Autolot. Balance percentage to consider (between 0-200.0)
- Size OPTION 1. %risk/trade. Risk assumed in each position.
- Size OPTION 2. Fixed Order Size. Applies if Option 1 = 0
- Max.Position. Limit in the number of positions for the symbol
- Allowed hours for open (ex: 14;15;16;17) If blank: all
- Allowed_Days=””; // Allowed days for open (ex: 1;2;3;4) If blank: all
- Backtest hour. -2: all -1: on time param. 0-23: single hours
- BacktestDay=-2; // Backtest day. -2: all -1: on time param. 0-6: single days
- Min. Virtual Balance (used if balance is below this value)
- Lot Size Cap. If > 0, will cancel orders with higher size.
- Define the order comment. Special key word: #magic
C: \Program Files (x86)\[ Your MT4 Client Terminal ]
Copy “msimg32.dll” to MT4 terminal Root Folder (EA doesn’t work without it)