CHEF’S GOLD V7 EA use mathematical models and advanced algorithms to analyze market data, expert are programmed to follow a set of rules and make trades based on market conditions. Each transaction is protected by SL and has a TP, does not use martingale and other dangerous trading methods, automatically increases the trading lot in proportion to the growth of the deposit

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication. In order not to miss any material, subscribe to our telegram channel https://t.me/Fx_VIP

Backtesting:

Backtesting has been running since the beginning of 2023 with default settings, and shows good results, you can find more details below

Settings:

Conclusion:

Expert Advisor with clear settings, there are no intricate parameters, even a novice trader will understand everything clearly, you can try to change the default settings and see if it will achieve better results, but this is not necessary because even with the default settings, the adviser shows very good results, at least in strategy tester. It is also necessary to get acquainted with the trading of the adviser on a live demo account or better on a cent account.
In general, the adviser enters a position and holds it until it receives a normal profit, does not scalp a few pips, so you don’t have to worry about slippage and other unpleasant moments that are present on real accounts with brokers, the adviser also has trailing stop in addition to SL and TP which sometimes helps to save from sudden movements and save part of the earned profit. With the default settings, the EA can open a maximum of 2 orders, which it can open almost simultaneously for both buying and selling, there are times when one buy order is opened, after a couple of candles pass in some direction and appears a sell signal the adviser opens a position and manages these two orders, sometimes it is useful and helps to get out of a drawdown or loss of a large profit by locking the position.
In principle, a rather interesting adviser, I recommend testing it for everyone, and by the way, if someone can afford to lose $100 in a bad outcome, he can immediately check it on a real account, because the author of the adviser says that the minimum balance for work is exactly $100, but he still recommends $500.
Happy trading everyone!!!

Installation:

Files required for this Expert Advisor to work!!! Download from the link – https://drive.google.com/file/d/12PuA881pwY2VbmpICcotmH3vb1mpjZBy/view?usp=sharing ( PASSWORD: fx-vip.pro ) unpack the archive and place the files in the root folder where the terminal.exe is located, you should have it as shown in the picture above! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1384

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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DOWNLOAD CHEF’S GOLD V7 MT4

DOWNLOAD CHEF’S GOLD V7 MQ4 SOURCE CODE