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Gold Rush – Forex Expert Advisor

The Gold Rush works with all currency pairs. However, XAUUSD and EURUSD are recommended. For best results, use the leverage of 1:100 and more. Minimum deposit: $100. Low spreads + low commission + high quality execution are important when choosing a broker to trade. Use VPS or hosting server with minimal network latency to the broker's server.

Gold Rush aggressive Expert Advisor is based on support/resistance level breakouts. It works autonomously on a VPS server. The EA passed testing on real ticks. Pro and ECN - Market Execution accounts are required for correct operation.

The trading robot works with all symbols. However, XAUUSD and EURUSD are recommended, since they show better results.Unlike simple Gold Rush, the EA performs market entries more often, since it analyzes seven and more days compared to 1-2 days analyzed by the simple Gold Rush.

Parameters

  • LotProc - deposit percentage lot.
  • Lot - fixed lot.
  • SL - stop loss.
  • TP - take profit.
  • TrailingStop - trailing stop.
  • TrailingStep - trailing step.
  • TimeVol - time speed (number of points, after which a trailing stop by time is activated).
  • BreakEven - breakeven.
  • VSL - virtual stop loss.
  • DTime - not activated pending order removal time (in the current timeframe bars).
  • MagicB - buy deals identifier.
  • MagicS - sell deals identifier.
  • SymbolSuffix - symbol suffix.
  • ShowAccInfo - information panel.

Gold Rush is an EA that detects levels of support and resistance and executes orders at those points while waiting for those levels to be respected. It is a fairly basic EA, suitable for all types of traders because of its ease of use and easy understanding. However, we believe that this tool has to be debugged because in the comments of users who have already tested this EA we find conflicting positions, positive comments but also negative comments, so we advise caution with the use of this tool. The truth is that its price in the MQL market is affordable, 30 USD, but still, we advise to try the demo version to know the system and decide if we want to add it or not to our trading.

Recommendations

  • Before using on a live account, test the EA with minimal risk;
  • Use VPS or hosting server with minimal network latency to the broker's server;
  • For best results, use the leverage of 1:100 and more;
  • Maximum spread - 0-20 points;
  • Minimum deposit: $100;
  • Low spreads + low commission + high quality execution are important when choosing a broker to trade.
Gold Rush EA Rating 5.9
Yield per annum 180%
Max drawdown per annum 12.71%
Developer Gold Rush
Created, year 2017
Free
Price $30
Class middle term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit $100
Leverage 100
Timeframes M10
Strategies own strategy
Indicators own indicators
Recommended brokers    
Trading tool/currency pairs XAUUSD, EURUSD
Automatic account type
Indicating
Multiple usage
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions
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