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Hallo Traders,
This is the second continuation of testing forex trading using the golden expert advisor elephant of.
The time frame that I run is M5 on the XAU USD and EUR USD pairs.
The preset I use is like this.
I have also shared the presets on the hgtrade-ea.com website.
The difference between the XAU USD and EUR USD pairs lies in the take profit setting.
The capital that I use is $ 500. trading starts on March 22, 2023 or about 4 trading days running.
On a low time frame like M5 trading is very aggressive in opening trades. It can be seen here that quite a lot of trading history has occurred.
Currently there is a floating minus around $ 39. Then what about the drawdown?
I have linked a trading account metatrader 4 with a myfxbook account to find out detailed information on forex trading using the golden expert advisor elephant.
Okay, these are the details of trading golden elephants.
trading starts 22 march 2023.
growth information.
trading growth for 3 days is quite fast.
The profit on March 22 made a profit of $64.
on march 23rd $47.
and March 24th $73.
The deposit that I used was $500.prophet during 3 days trading earned $185 profit. drawdown 10.32%. This includes a fairly large drawdown even though it has only been 3 trading days. estimated monthly income of about 37.10%. And the estimated daily income is 8.21%.
total profit for 3 trading days using golden elephant by 37.10%.
a total of 206 transactions were opened. a very high number for a trading account that has only been 3 days. profit ratio of 53% only. profit factor 2.00. and the average trading duration is only 43 minutes.
Okay, this is the result of the trading that I ran for 3 days using the golden expert advisor elephant. Of course this cannot validate whether the expert advisor is a golden elephant that can survive in the long term. The conclusion is that this expert advisor is quite aggressive. so you can get profits quickly. However, it cannot be denied that the drawdown that will occur will also be quite large.
If you want to use this expert advisor, make sure you study it first on a demo account for at least one month to find out how it works.
I wish you financial success one day.
Thanks for watching till the end.
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