Chef’s Gold MT4 Indicator

The “Chef’s Gold EA” is a sophisticated, fully automated trading algorithm designed specifically to trade the XAUSUD pair in the forex market. Leveraging state-of-the-art artificial intelligence and machine learning techniques, this algorithmic trading system is designed to detect and respond to market trends with unparalleled precision and accuracy.

One of the key features of the “Chef’s Gold EA” is its advanced pattern recognition capabilities. By analyzing years of historical data, the system has been trained to identify specific patterns in candlestick charts that have historically been associated with profitable trades. When a similar pattern is detected in real-time trading, the system will automatically execute an order, allowing traders to capitalize on potential market movements.

Through rigorous analysis of the past 10 years of data, the “Chef’s Gold EA” has been shown to be correct in its predictions 78-84 % of the time. This high level of accuracy, combined with its advanced machine learning capabilities, make it a powerful tool for traders looking to optimize their trading strategies and maximize profits in the gold market.

Our trading strategy is centered around the compounding concept, which is based on the principle of reinvesting profits to generate ever-increasing returns over time. We have made compounding our primary focus because it offers a reliable and sustainable approach to generating profits in the financial markets.

With an initial investment of just 200 USD, our algorithmic trading system leverages the power of compounding to grow the investment into a substantial sum of 100k USD within a year. We achieve this impressive growth by making small, consistent gains through the compounding of lots on every 150 USD balance. This approach enables us to generate steady profits while minimizing the risk of account wipeouts.

We have also conducted extensive testing and analysis of our compounding strategy, and the results have been impressive. Our approach has consistently produced substantial returns in the financial markets, with minimal risk and maximum long-term profitability.

Brief description

EA for XAUSUD: AI & machine learning detect/respond to market trends with precision.

Trading Strategy

• Advanced pattern recognition using AI and Machine learning for profitable trades
• 65-70% correct prediction accuracy in 10 years of data
• Compounding strategy generates steady profits
• Small gains through compounding lots on every 100 USD
• Initial investment of 200 USD can grows to 100k USD in a year
• Minimizes risk of account wipeouts because of fixed TP and SL
• Extensive testing and analysis show consistent profitability

Trading Information:

• Symbol: Any XAUUSD symbol
• Working Timeframe: 30 minutes
• Minimum Deposit: $200 recommended
• Leverage: 1:500 but can work with 1:200 or less too
• Preferred Broker: Vantage Markets Limited ( my personal choice )

EA Settings:

Lot Size for Compounding: 0.01

• This means that for every compounding value, the EA will place a 0.01 lot trade. For example:
• If the account balance is $100, it will place a 0.01 lot trade.
• If the account balance is $200, it will place a 0.02 lot trade and so on.
• If the account balance is $580, it will place a 0.06 lot trade (rounded off).

Take Profit : 160 ( 16 USD of TP in Gold )
Stop Loss : 160   ( 16 USD of SL in Gold )
Maximum order count : 1

• This means that the maximum number of orders at one cycle will be 1.

Magic Number : 44