BitoysBasics EA (GOLD,GBPJPY,EURNZD)

BitoysBasics is an EA (Expert Advisor) designed and optimized for trading Gold (XAUUSD) I also use it in other currencies like GBPJPY and EURNZD but you can also use it in other currencies. Here are some key features and information about Bitoysbasics EA:

1. **Trading time selectivity**: Bitoysbasics EA only uses pending orders to trade at specific times to avoid low-quality trades, thereby improving overall accuracy.

2. **Risk Management**: A strict risk management system is embedded to ensure excellent performance in the real-time market.

3. **Proof of Performance**: Live account monitoring is provided to prove that the EA performs as claimed.

4. **Scalping Strategy**: As a scalping EA, Gold Digger EA uses a powerful scalping strategy to trade the gold market.

5. **Use pending orders**: In order to avoid slippage or other errors, this EA uses "pending orders" to place trades instead of "instant execution".

6. **Neural Network Intelligence**: As the market continues to change, this EA has a built-in "neural network" system to identify the best trading opportunities.

7. **News Avoidance**: This EA does not trade when news or events are released, but chooses to trade when the volume is low to improve accuracy.

8. **Night Trading**: As mentioned before, this EA only trades at night, specifically in the hours before and after the day changes, when trading volume is lowest.

9. **Hidden profit booking mechanism**: In order to avoid missing out on profits, a hidden profit booking strategy is embedded.

10. **Forward Optimization**: In order to avoid misleading backtest results and ensure that customers get the best results in the future, the "Forward Optimization" technique is used, and it combines 100% historical quality data and "actual tick actual data" for optimization.

11. **Recommended Settings**: It is recommended to use brokers with low spreads/low commissions, such as Tickmill, ICMarkets, FPMarkets, RoboForex, etc.

12. **Initial Balance**: The recommended initial balance is $200 USD.

13. **VPS Recommendation**: It is recommended to use VPS (Virtual Private Server).

14. **Setup File**: To avoid any mistakes or confusion and for ease of use, different setup files have been prepared based on different risk levels, and users can choose the one that best suits their needs and plans.

15. **Developer Information**: The developer has over 10 years of experience in Forex and Gold trading, initially started his career as a trader and now develops EAs to fully automate the trading process.

Please note that investing in automated trading systems (EAs) involves risks, including possible loss of funds. It is recommended to conduct adequate testing and research before actual investment.