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Gold KMA expert advisor MT4

Gold KMA expert advisor MT4, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures  and can be downloaded for free from RobotFX
NFA & FIFO COMPATIBLE
...made to work with most brokers
ONE SINGLE PAYMENT
...no hidden fees, no subscriptions
FREE LIFE UPDATES
...every time a version is released
The Gold KMA Expert Advisor for gold, using Keltner channels and EMAs. Gold KMA is an advanced trading advisor specifically designed for gold, utilizing the powerful combination of the Keltner channel strategy and two exponential moving averages (EMAs) – the 10-period EMA and the 200-period EMA.
The 10-period EMA represents the average price cutting above/below the Keltner band, confirming an **uptrend/downtrend**. The price being above the 200-period EMA supports the uptrend/downtrend. This indicates that the **uptrend/downtrend** has been stronger than the previous 10 periods, considering the volatility over the last 50 periods.
A screenshot of the Gold KMA Expert Advisor's settings.

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fully functional but limited to trading on demo accounts
94
5 Comments
Aaron
Running this on XAUUSD for about a week and it’s doing fine so far. It reacts pretty well to sharp gold movements and avoids random chop. Had to adjust the filter settings but wasn’t too hard.
Anonymous
Good EA for gold, definitely better than most scalpers I tried. Uses Keltner channel and moving averages in a smart way. Took a bit to understand how the entries work but it's been solid.
Anonymous
The trades look pretty calculated, not just random pings. I’d say it’s a bit cautious, but that’s not a bad thing.
LaurenΘ›iu
This one handles gold volatility better than I expected. Doesn’t panic when price spikes. You still need to set the right risk level or it can draw down fast on bad days.
Rina
Nice EA overall, the KMA combo seems to filter out some of the false signals. Works best during London and NY sessions in my tests. I wouldn’t run it 24/5 without watching it though
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