StakBank Gold Indicator V1.0

The StakBank Gold Indicator V1.0 is an automated forex trading system meticulously crafted for traders seeking optimal performance and reliability. With advanced algorithms, it excels in analyzing market conditions and executing trades with precision, promising consistent profitability. Let’s dive into the essential details:

Key Features

1. Strategy

• Trend Follow Approach: The indicator employs a “Trend Follow” strategy based on pure price action in the commodity market, with a specific focus on Gold (XAUUSD).

2. Time Frame

• Recommended Time Frame: M30.

Trading Strategy

The StakBank Gold capitalizes on historical price behavior to identify optimal entry points. Here’s how it works:

1. Price Action Analysis:
   • The robot meticulously analyzes Gold price movements, identifying trends and patterns.
2. Pattern Recognition:
   • It recognizes specific price patterns, such as support/resistance levels, breakouts, or reversals.
3. Entry and Exit Points:
   • When all conditions align, the EA enters trades with precision, aiming for optimal entry points.
4. Risk Management:
   • The EA incorporates a robust money management system, calculating lot sizes based on risk percentage and free margin.

Additional Features

• Advanced News Filter:
  • Avoids trading during major news events to minimize volatility impact.
• Time Management System:
  • Configurable trading hours to avoid unfavorable market conditions.
• Friday Exit System:
  • Closes all trades on Friday evenings to prevent weekend exposure.
• Manual Trading Option:
  • Allows traders to open manual trades.