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Chefs Gold EA Info

The document describes an algorithmic trading system called the "Chef's Gold EA" that uses AI and machine learning to detect patterns in XAUSUD currency pair prices to predict trends and execute profitable trades. It claims 78-84% prediction accuracy based on 10 years of data. The system uses a compounding strategy that reinvests profits in small lots to grow an initial $200 investment to $100k in a year while minimizing risk. Extensive testing shows the compounding strategy consistently achieves profits across different markets.

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314 views2 pages

Chefs Gold EA Info

The document describes an algorithmic trading system called the "Chef's Gold EA" that uses AI and machine learning to detect patterns in XAUSUD currency pair prices to predict trends and execute profitable trades. It claims 78-84% prediction accuracy based on 10 years of data. The system uses a compounding strategy that reinvests profits in small lots to grow an initial $200 investment to $100k in a year while minimizing risk. Extensive testing shows the compounding strategy consistently achieves profits across different markets.

Uploaded by

Good MUSIC is LIFE
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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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:
Low Risk = True | High Risk = False
We could limit the orders to one of the following options when Low risk is set to True with Max
orders 2

 One Buy Only


 One Sell Only
 One Buy and One Sell
 One Sell and One Buy
NO BUY BUY or SELL SELL
Compounding balance value : $150

 This means that the EA will compound at every $100 balance.


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

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