Golden Rocket EA – Soar to Profits with Smart Trend Trading 🚀

🔥 Shoutout:

"Ride the trends, catch the waves – Golden Rocket launches your profits to new heights!"

📌 Overview

The Golden Rocket is a trend-following Expert Advisor (EA) for MetaTrader 4 that combines RSI, Stochastic, and Moving Averages to identify high-probability trades. It focuses on momentum shifts and trend confirmations to enter trades with dynamic lot sizing and risk management.

✅ Best for: EURUSD (but works on any pair)

✅ Timeframe: M15 + H1 + H4 + D1 (multi-timeframe analysis)

✅ Strategy Type: Trend-following with RSI & Stochastic filters

⚙️ Input Parameters (Settings)

ParameterDescriptionRecommended Value

MiniLotsBase lot size0.01 (or adjust based on account size)

MaxLotMaximum allowed lot size10 (or broker’s max limit)

RiskControlDynamic lot sizing based on balancetrue (for auto-scaling)

MaxTradesMax open trades at once30 (adjust based on strategy)

SL (Stop Loss)Fixed stop loss in pips0 (disabled by default)

TP (Take Profit)Fixed take profit in pips0 (disabled by default)

BE (Break Even)Move to breakeven after X pips0 (disabled by default)

📊 How It Works

1. Entry Conditions (BUY & SELL Signals)

The EA uses a multi-timeframe approach to confirm trends:

🔹 BUY Conditions (Long Trades):

H4 Stochastic 50 (bullish trend)

H1 EMA(50) EMA(100) (trend confirmation)

RSI(11) 30 (oversold condition)

Last candle closed bullish (momentum shift)

M15 RSI 30 (additional confirmation) → DOUBLE LOT SIZE

🔹 SELL Conditions (Short Trades):

H4 Stochastic 50 (bearish trend)

H1 EMA(50) EMA(100) (trend confirmation)

RSI(11) 70 (overbought condition)

Last candle closed bearish (momentum shift)

M15 RSI 70 (additional confirmation) → DOUBLE LOT SIZE

2. Exit Conditions (Closing Trades)

The EA closes trades based on RSI reversal & trend exhaustion:

Close BUY if:

RSI 70 (overbought)

EMA(50) EMA(100) (trend reversal)

H4 Stochastic 50 & RSI 50 (weak momentum)

Close SELL if:

RSI 30 (oversold)

EMA(50) EMA(100) (trend reversal)

H4 Stochastic 50 & RSI 50 (weak momentum)

💰 Money & Risk Management

RiskControl = true → Auto-adjusts lot size based on account balance (Balance / 10,000).

MiniLots = Base lot size (e.g., 0.01 for small accounts).

MaxLot = Limits maximum exposure (e.g., 10 lots).

🚀 How to Use This EA

Attach to EURUSD M15/H1 chart (works on any timeframe, but best on M15+H1).

Enable RiskControl if you want dynamic lot sizing.

Set SL/TP if needed (default = 0, letting the EA manage exits).

Run in demo first to test performance.

🎯 Best Settings for Live Trading

MiniLots = 0.1 (for $1,000 account)

MaxLot = 5 (to avoid overexposure)

RiskControl = true (safer for growing accounts)

SL = 50, TP = 100 (optional, but recommended)

📈 Expected Performance

✔ Works best in trending markets (avoid ranging conditions).

✔ Higher win rate due to multi-timeframe confirmation.

✔ Can double lot size on strong signals for bigger profits.