Overview :

Goldwave EA V2.36 MT5 is a powerful automated trading robot designed for the MetaTrader 5 platform, specifically optimized for trading gold (XAUUSD). This Expert Advisor focuses on capturing wave-like price movements in the gold market using advanced algorithms and smart execution logic. It is ideal for traders who want a reliable and consistent system to take advantage of gold’s volatility with minimal manual effort.

Key features :

Optimized for gold (XAUUSD) trading
Fully automated trading system for MT5
Advanced wave-based market analysis
Smart entry and exit signal generation
Built-in risk and money management tools
Customizable trading parameters
Optimized for stable and consistent performance

Strategies :

Goldwave EA V2.36 MT5 uses a wave-based trading strategy combined with trend-following techniques. It identifies cyclical price movements and executes trades during high-probability phases of the wave cycle. The EA also applies filters to avoid false signals and uses dynamic stop-loss and take-profit levels to manage trades efficiently.

Recommended settings :

Timeframe: M15 or H1
Symbol: XAUUSD (Gold)
Risk per trade: 1% to 2%
Use default settings for best performance
Recommended broker: Low spread ECN broker
Minimum balance: $200 or higher

Advantage :

Specialized for gold trading
Captures wave movements effectively
Reduces emotional and manual trading decisions
Fully automated and easy to use
Suitable for both beginners and professionals

Disadvantage :

Limited to gold market only
Performance may vary during extreme volatility
Requires VPS for uninterrupted operation
Needs proper broker conditions for best results

Conclusion :

Goldwave EA V2.36 MT5 is a reliable and efficient trading robot designed for traders focused on gold markets. Its wave-based strategy and intelligent execution make it a valuable tool for capturing consistent opportunities. With proper setup and disciplined risk management, it can significantly improve trading performance.

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