Download Gold Ratchet EA for Free
Gold Ratchet EA is a powerful MetaTrader 5 expert advisor tailored for trading XAUUSD (gold) using five unique breakout strategies from a single chart. Known to some traders as MoonDog EA, this tool offers a seamless, automated trading experience. Discover the features and download it for free below.
Features of Gold Ratchet EA
- Automated Breakout Strategies: Employs five different strategies named Moon Nova, Moon Apex, Moon Zenith, Moon Pulse, and Moon Eclipse.
- Precision Orders: Places stop orders $51 away from the current price, with a $2 stop loss and $15 target.
- Fast Scalping: Designed for one-minute scalping with trades often closing in under a minute.
- Risk Management: No grid or martingale strategies involved, with a $2 stop on every order.
- Weekend Protection: Automatically manages orders to avoid weekend gaps.
System Requirements
- Platform: MetaTrader 5
- Pair: XAUUSD
- Broker: ECN account recommended for fast execution
- VPS: Recommended for consistent performance
Installation Steps
- Download the Gold Ratchet EA file.
- Open MetaTrader 5 and navigate to ‘File’ > ‘Open Data Folder’.
- Place the downloaded EA file in the ‘Experts’ folder.
- Restart MetaTrader 5.
- Attach the EA to an XAUUSD chart and adjust settings as needed.
Note: Always test the EA on a demo account before using it on a live account to understand its mechanics and performance.