
Description
INTRODUCTION
Sky City EA V7.1 MT5 is an Expert Advisor designed for MetaTrader 5 that automates trading on XAUUSD. It aims to reduce the need for constant chart monitoring by following programmed rules for entries, position management, and exits, making it suitable for traders seeking systematic execution on gold.
Key Features
- Built exclusively for MetaTrader 5
- Focused on XAUUSD (Gold)
- Supports H1 timeframe operation
- Multi-level grid and dynamic position management
- Adjustable lot multipliers and take-profit options
- On-chart control panel for monitoring and one-click close functions
- Full automation once installed and enabled
- Available through Yoforexea
Recommended Setting
Pair: XAUUSD
Timeframe: H1
Use conservative lot sizes and carefully review all input parameters before running. Always test on a demo account first and adjust risk settings according to your account size and risk tolerance.
Advantages
- Automates trading on XAUUSD and reduces screen time
- Provides consistent rule-based execution
- Helps remove emotional decision-making during volatile gold moves
- Offers flexible grid and risk management parameters
- Includes a practical on-chart control panel
Disadvantages
- Grid-style approaches can increase exposure and drawdown in strong trending markets
- Performance depends heavily on broker spreads, slippage, and execution quality
- Requires a stable VPS for continuous operation
- Strategy details and optimal settings need careful verification
- Not suitable for traders seeking fully transparent logic or zero-monitoring systems
- Past results do not guarantee future performance
Support & Disclaimer
Support:
If you need help installing or Downloading or configuring your EA , or face any kind of bug, feel free to reach out on:
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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