Price Action Queen waits for a candle pattern to be confirmed, checks it against a fast and slow EMA trend, ATR volatility and RSI, and only then enters. It can scale in with a small grid and add to winners with pyramiding, and a trailing stop protects profit once a trade is running.
Traders who like price action on gold and are comfortable reading EA settings.
The listing's default settings use lot multipliers on the grid and pyramid and a wide stop loss. Read the parameters and test on a demo account before going live.
These details come from the MQL5 Market listing. Open the listing for screenshots, reviews, the latest version and the full settings. Backtests are hypothetical and do not predict future results.
Four steps, in this order.
Use the button above. You need a free MQL5 account and MetaTrader 5.
MetaTrader 5 installs it for you. Find it under Experts in the Navigator.
Drag it onto a gold chart, tick Allow Algo Trading and load a recommended set file.
Use a demo account for two to four weeks before going live with small lots.
EMA trend system with a grid, higher-timeframe trend filter and automatic reset after profit targets. Also ported to TradeLocker.
A trade only opens when several independent engines agree: overbought/oversold, support/resistance, moving averages, volatility and price action.
A 15-strategy confluence engine with market regime detection and news protection built on the MQL5 economic calendar.
Tell us what you need and we will reply with next steps. No payment is taken here.
