MQL5 profilini açAs of mid August 2020 a new and revised strategy on Gold Trader has been deployed with the key aim to prevent the generation of trades when major gold sell-offs occur.
Gold Trader is now manual, trades both long and short positions and trades over XAUUSD, XAUEUR and XAUAUD.
The core of the revised strategy is using 2 indicators over 2 different time frames with a trendline wedge filter to determine trade direction.
Trades are mainly in the Asian trading session with limited trades on Fridays.
FX TRADER OVERVIEW:
FX Trader uses the same methodology as Gold Trader and trades across EURUSD, USDCHF, AUDUSD, USDCAD and GBPUSD. The strategy works fine on other pairs, however preference is to focus on several more liquid currencies.
Trades are normally placed during the Asian trading session.
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