The Fibo Frank Gold EA V1.0 for MT4 is an automated trading system designed to capitalize on market movements in the XAUUSD (Gold) currency pair. Below is a detailed overview of its key parameters and trading strategy:

Key Parameters:

Parameter	Description
Minimum Deposit	$100
Recommended Timeframes	M30
Currency Pair	XAUUSD (Gold)

Trading Strategy:

• Fibonacci-Based Analysis: The EA employs Fibonacci retracement and extension levels to identify potential entry and exit points. By analyzing these levels, it determines optimal zones for placing trades, aiming to capture price reversals or continuations.
• Automated Trade Execution: Upon identifying a valid setup based on Fibonacci levels, the EA automatically executes trades. It calculates appropriate entry points, stop-loss, and take-profit levels, ensuring trades are placed with precision.
• Dynamic Risk Management: The EA features advanced risk management tools, including dynamic stop-loss and take-profit adjustments. This approach aims to maximize gains while minimizing potential losses, adapting to changing market conditions.
• Customization Options: Traders can tailor the EA’s settings to align with their trading preferences. Adjustable parameters include lot sizes, risk levels, and timeframe selections, providing flexibility to suit individual strategies.

By leveraging Fibonacci-based strategies and automated execution, the Fibo Frank Gold EA V1.0 seeks to provide traders with a systematic approach to trading the gold market.