Phoenix Gold: Where Every Trend Reversal is Your Profit Opportunity
Introducing Phoenix Gold EA, an intelligent trading system meticulously engineered to capture significant opportunities in the XAUUSD (Gold) market. The name "Phoenix" symbolizes rebirth and resilience—the very core of our strategy, designed to recover from drawdowns and emerge profitable.
Core Strategy and Functionality
- Trend Reversal Strategy: Phoenix Gold EA is not a high-frequency trading system. It patiently waits for and enters trades only at confirmed trend reversal points on the H1 timeframe. This results in a low number of trades, averaging around 5 orders per month, but each one is a high-conviction setup.
- Phoenix Money Management: Our system places only one order at a time. If a trade closes with a loss, the lot size of the next order is doubled to compensate for the previous loss and secure a new profit. Once an order successfully closes in profit, the lot size resets to its original value.
- Customizable Control: You have full control over your risk. Choose between two lot sizing methods: Fixed Lot (you set the initial lot size) or Auto Lot (the system automatically calculates the lot size based on your account balance). You can also set a custom cutloss percentage to manage risk per trade.
Important Guidance for Traders
Because our money management strategy can increase lot sizes, having sufficient capital is crucial to handle market fluctuations. For those with smaller starting capital, we highly recommend using a Micro or Cent Account.
- Standard Account: Recommended minimum balance of $10,000 USD.
- Micro Account: Recommended minimum balance of $300 USD.
- Cent Account: Recommended minimum balance of $100 USD (or 10,000 cents).
Note: Contract sizes may vary between brokers. Always test Phoenix Gold EA on a demo account with your chosen broker before trading with real money.
Trading involves risk. Please only invest capital you can afford to lose. We strongly advise consistently withdrawing your profits to protect your capital.
Risks and warnings: Investing in the foreign exchange market is highly volatile and risky. Investors should be aware of and carefully study the information before making an investment decision. Past performance does not guarantee future results, and investors may lose a portion of or all of their investment.