Question 1

What type of strategy does Gold on Ichimoku EA use?

Accepted Answer

Ichimoku Trend-Following with Trailing Stop on M5 timeframe.

Question 2

What is the risk level?

Accepted Answer

Medium — Clear Stop Loss, trailing protection, and max 8 trades help control drawdown.

Question 3

Is it suitable for beginners?

Accepted Answer

Yes. The EA is fully automated with good default settings. Just attach it to XAUUSD M5 chart.

Question 4

Why is it optimized for Gold?

Accepted Answer

Ichimoku works very well on trending markets like XAUUSD, especially during London and New York sessions.

Question 5

Does it use Martingale or Grid?

Accepted Answer

No. It uses clean trend-following logic with fixed risk per trade.

Question 6

Can I change the lot size?

Accepted Answer

Yes. You can use Fixed Lot or let Auto Lot (multiplier 3.0) adjust automatically based on your balance.

Gold on Ichimoku EA MT4Premium