Gold Rush FX Information – Buying and selling Methods – 18 April 2024

Howdy everybody, I am Esmaeil and right here I’ll clarify the inputs and tips on how to run the EA correctly to get probably the most out of it so stick with me 🙂

There are 3 steps to run the EA correctly : 

1. the Chart it is best to run the EA on
2. the URL you need to add for the Information filter 
3. set the right threat and inputs

now particulars:

1. you need to run on gold chart some brokers have it as identify of Gold and a few have XAUUSD , in case your dealer has each it is best to seek the advice of together with your dealer help to know which chart is tradable and the timeframe must be H1 and also you solely must run this EA as soon as on one chart .

Hyperlink to Youtube video on tips on how to connect it to chart correctly:

if you connect it you need to allow two issues to permit the Metatrader to run the robotic and open trades:

First test the field of “Enable Algo Buying and selling ” within the Widespread tab of the professional if you attempt to connect it to chart as proven under:



Second Click on on the “Algo Buying and selling” button on prime of your metatrader window and make it inexperienced as present under:



After this the icon of the EA must be a smiley face on the Metatrader4 or a blue icon on metatrader5 like under:



2.you need to add the https://nfs.faireconomy.media to the URL part so the EA can obtain the newest upcoming information. right here is the place it is best to add it:
first click on on Instruments on prime of the Metatrader window:



then click on on Choices as proven within the image under:



then click on on professional advisors tab and the test the field of “Enable WebRequest for listed URL” after which enter the tackle and click on OK as proven under:


3.right here is the main points of the inputs however i’ve to say the default enter is appropriate for many merchants , im working it on a default and a customized setfile on my alerts ,i’ll connect the set file on the finish of this text be happy to obtain it(the customized set file has the filter buying and selling by RSI on and it has another layer of safety)

for the danger in case you set the danger by share because the extra threat you are taking you’ll be able to have decrease steadiness (as a result of every dealer has minimal lot):

Minimal potential Threat%	Stability
1	1000 USD
2	500  USD
0.5	2000  USD
5	200  USD

• Fundamental Magic Quantity: This distinctive identifier helps the robotic distinguish its trades from these of different robots or handbook trades. Every robotic working in your account ought to have a special magic quantity. For instance, “80874” is a particular identifier for this robotic’s trades.
•     Order Remark: This lets you connect a customized remark to every commerce the robotic makes. It is helpful for monitoring and figuring out trades in your buying and selling historical past. The sphere is left clean by default, permitting you to decide on your remark.
•     Lot Calculation Technique: Determines how the robotic calculates the lot dimension for every commerce. Choices like base on steadiness regulate the lot dimension based mostly on the present steadiness in your buying and selling account, guaranteeing a dynamic strategy to threat administration.
•     Threat Share per Commerce : This units the danger publicity for every commerce as a share of your whole account steadiness. For instance, “2.5” means the robotic will threat 2.5% of your account steadiness per commerce.
•     Fastened Lot Measurement: Specifies the lot dimension for use for every commerce in case you’re not utilizing a dynamic lot calculation methodology. A price of “0.2” means every commerce will use a hard and fast lot dimension of 0.2.
•     Fastened Lot Measurement per Stability: Determines the mounted lot dimension based mostly on a particular steadiness quantity. As an illustration, “500” might imply a hard and fast lot dimension is used for each $500 of account steadiness.
•     Most Lot Measurement: The higher restrict for the lot dimension the robotic can use for a single commerce, guaranteeing trades don’t exceed a sure dimension, for instance, “40” tons.
•     Minimal Lot Measurement: The smallest allowable lot dimension for trades, set at “0.05” tons, guaranteeing the robotic doesn’t place trades under this dimension.
•     Most Unfold Allowed: This enter limits the unfold (the distinction between the purchase and promote worth) at which trades may be opened, set at “100” factors, to keep away from getting into trades throughout extremely unstable or illiquid market circumstances.
•     One Commerce Per Image: When enabled (true), this ensures the robotic solely has one open commerce per image (foreign money pair) at a time, selling diversification and threat administration.
•     Minimal Distance Between Trades: Units the minimal allowable distance between trades for a similar foreign money pair, in factors, to keep away from clustering of trades too intently, set at “100” factors.
•     RSI Filter: When enabled (false by default), this makes use of the Relative Power Index (RSI) as a filter for commerce alerts, contemplating the market’s overbought or oversold circumstances earlier than getting into a commerce.
•     RSI Filter Interval: The size of the RSI interval for use if the RSI filter is enabled, with “24” indicating the variety of bars used for the RSI calculation.
•     RSI Filter Timeframe: The chart timeframe for the RSI filter, reminiscent of PERIOD_W1 for weekly. This determines over what interval the RSI is calculated.
•     Excessive Affect Information Filter: When enabled (false by default), the robotic will keep away from buying and selling throughout occasions of high-impact information releases, which might considerably have an effect on market circumstances.
•     Medium Affect Information Filter: Much like the excessive affect filter, however for medium affect information occasions. When true, the robotic avoids buying and selling throughout these occasions.
•     Low Affect Information Filter: This setting, when enabled, causes the robotic to skip buying and selling throughout low affect information bulletins, minimizing threat from market fluctuations throughout these occasions.