MorFX Gold Digger A Trading Robot MT4 Download – Free – [TradingFinder]

Expert MorFX Gold Digger A is one of the intelligent tools in MetaTrader 4, designed specifically for trading gold (XAU/USD).

This indicator, utilizing advanced algorithms and the Martingale strategy, analyzes the gold market in real-time and executes buy and sell trades automatically.

Specification Table of MorFX Gold Digger A Indicator

The following table describes the specifications and features of the MorFX Gold Digger A trading robot.

Trading Robot MorFX Gold Digger A at a Glance

This system is based on identifying trends and breakout points, and using algorithms and historical data to determine the optimal entry and exit levels. When a trade goes into a loss, this Expert opens a new position and improves the average entry price.

An example of the gold chart against the US dollar (XAU/USD) on the 30-minute timeframe illustrates the performance of this Expert.

Settings of MorFX Gold Digger A Expert

The adjustable parameters in the indicator MorFX Gold Digger A are as follows:

• MMType: Type of money management
• UseClose: Automatic trade closing
• UseAdd: Adding new active positions
• DoubleUp: Multiplier for next trade volume
• Slip: Allowed slippage in order execution
• Lots: Initial trade volume
• LotsDigits: Decimal digits of trade volume
• TakeProfit: Fixed take profit in pips
• PipStep: Pip distance for opening next positions
• MaxTrades: Maximum number of allowed trades
• UseEquityStop: Stop based on total equity
• TotalEquityRisk: Maximum risk on total account
• UseTrailingStop: Trailing stop
• UseTimeOut: Trade time limit
• EnableErrorMessages: Error messages display
• MaxTradeOpenHours: Time limit for open trades
• GMTOffset: Time difference from GMT
• BeginHour: Start hour of trading activity
• EndHour: End hour of trading activity

Conclusion

The MorFX Gold Digger A indicator is developed based on the Martingale strategy and adjusts the average entry by opening new trades in the opposite direction. The result is a faster recovery of losses during market pullbacks, while simultaneously carrying a higher risk compared to standard methods.

Additionally, this trading tool provides extensive settings, enabling users to customize various aspects of trading directly from the settings panel.