The Expert Advisor tool has been developed for XAUUSD H1 based on BollingerBand_range indicator and pending orders. The SL, TP and TS is based on fix pips. It has been backtested on more than 12-year long tick data with 99% quality of modeling. The enclosed screenshots demonstrate the complexity and coverage of the test by Monte Carlo analysis with 200 simulation. The Expert Advisor features Cluster Analysis. A broker with a small spread and slippage is recommended for better performance. There is no need to set up parameters, all settings are already optimized and fine-tuned.

My recommendation is to have a look also at the rest of my products in the portfolio as they work very well together in combination.

There is no need to use a large account. I recommend trading from 500 USD with 0.01 or 0.02 lots.

Features

• Each deal is protected by stop orders (Stop Loss and Take Profit).
• Both a fixed lot and a free margin percentage are used.
• No martingale, no grid, no scalp.
• No excessive consumption of CPU resources.
• User-friendly settings.
• All settings optimized.
• Long-term strategy.

If you have any questions, please contact me before buying.

Settings

• MinimumSLTP = 500 – minimum SL/TP.
• MaximumSLTP = 3000 – maximum SL/TP.
• UseMoneyManagement = false – enable/disable auto money management.
• LotsDecimals = 2 – a broker should support trading in micro lots; if your broker does not support micro lots, set to 1.
• RiskInPercent = 2.0 – risk in percent for one trade from account balance.
• MaximumLots = 0.5 – if you use money management, this is maximum allowed lots.
• TradeLong = true – disable or enable long trades.
• TradeShort = true – disable or enable short trades.
• MaxSlippage = 3 – maximum slippage.
• MagicNumber = 91011652 – trade ID.
• CustomComment = "XAUUSD_32_MINUTE" – custom comment in history.
• EmailNotificationOnTrade = false – if a trade is opened, an email is sent to you; you need to setup an SMTP server in metaTrader 4.
• DisplayInfoPanel = false – enable or disable the info panel on the chart.