Algorithm created to trade Gold. Using the M1 time frame this strategy averages and hedges and can be described as a dynamic trading strategy. The strategy uses the one minute time frame it uses the Macd and Rsi indicators to pick up entries and it hedges positions once the trend reverses.
This expert advisor behaves very well within a ranging market and do expect some drawdown once a trend keeps going. If used the correct way, this EA can produce triple digit profits within the years end. The expert advisor trades all currency pairs.