Overview of the Update
Automated Forex Tools’s Forex Trend Hunter v5.8 is a robust, trend-following Expert Advisor engineered to detect and ride strong market movements. This release extends its algorithmic reach beyond currency pairs by introducing gold support, allowing access to XAUUSD, XAUEUR and XAUAUD.
Key Features
- Proven momentum-based algorithm for trend detection
- Full gold instrument support: XAUUSD, XAUEUR, XAUAUD
- Advanced risk management to limit drawdowns
- Optimized .set files for seamless integration
- Automated execution for 24/5 market coverage
Why Gold Trading Matters
Gold acts as a global safe-haven asset, offering high liquidity and volatility. Unlike forex pairs, gold trends respond to geopolitical events, inflation and market sentiment, providing unique opportunities for algorithmic strategies.
Optimized .set Files for Gold Pairs
Three dedicated .set files are included with v5.8:
- XAUUSD (Gold vs. US Dollar)
- XAUEUR (Gold vs. Euro)
- XAUAUD (Gold vs. Australian Dollar)
Simply load the corresponding .set file after updating to begin optimized gold trading.
Seamless Upgrade Process
- Download and install v5.8 from the official site.
- Load the .set file for your chosen gold pair.
- Attach and run the Expert Advisor as usual.
Performance Transparency
Traders can verify live results on Myfxbook to review profitability, drawdowns and trade statistics for gold.
Final Verdict
Version 5.8 delivers an automated, trend-following solution for gold markets, combining proven performance, comprehensive .set files and an effortless upgrade. It’s a strategic step for traders seeking to diversify and enhance portfolio returns.
