🔍 What it is:
An Expert Advisor for MetaTrader 4, Giga Pips V1.92 focuses on Gold (XAU/USD) using a refined BreakOut strategy, identifying daily ranges and trading retracements.
⚙️ Powered by indicators & candlesticks:
Uses a blend of technical indicators and candlestick filters to enhance trade accuracy and minimize false entries.
📊 Trade management & risk control:
Comes with built-in Stop Loss and Take Profit levels. Features a global stop-out mechanism to limit large drawdowns, promoting safer trading.
🔃 Light martingale:
Applies a mild martingale multiplier (below 1.6) to recover from losses cautiously—without aggressive lot size jumps.
📈 Multi-order flexibility:
Capable of opening and managing up to 6 simultaneous XAU/USD trades, enhancing adaptability to market behavior.
🧪 Quality-tested since 2016:
Extensively backtested from 2016 onward with realistic tick data to ensure long-term reliability and robust performance.
💰 Low-risk on adequate capital:
Designed for accounts with minimum $10,000. Maintains a historical drawdown around 38.41%, indicating consistent risk management.
🎛️ Plug-and-play interface:
Simple setup on MT4. Just copy the EA, restart the platform, and attach it to an XAU/USD H1 chart—suitable for both beginners and pros.
🛠️ Comprehensive support:
Includes full setup guidance, technical assistance, and a one-time lifetime license per account—no monthly fees.
