GOLDUXE - Frequent Questions.
How does the licensing work?
User can select 1, 3 or 5 Live account/s to use for Golduxe. If you need unlimited license please contact us for cost. We don't sell source codes.
Can I change account number?
No, once you select the account numbers, it can't be changed because the number is hardcoded to the EA. If you buy 3 or 5 licenses, and only have 1 account at present, you can keep the other 2 or 4 license numbers in "digital storage" with us, then send us the new accounts numbers at a later stage. So, the spare licenses can be used anytime down the line, not necessary to know them all once you purchase.
If you are a license holder already and need to buy more licenses, they are available for $129 per new live account.
Is MT4 or MT5 better?
No difference, its personal taste. Trades will be identical
Can you recommend a broker?
Any well known broker will work with good spread in GOLD, we suggest Razar, ECN or RAW accounts. Target gold spread should be 15 cents or lower (i.e 2056.20/2056.35)
Does it Trade over high impact news?
No, news it typically released at 830 EST, the Golduxe wont open first order until 0930 EST, thereby removing the risk of high level news events. There is news on occasion at 1000 EST, but its typically not a high risk event such as NFP/FOMC etc.
Does it Trade every day?
Yes, it will place orders twice a day, and normally the orders is filled, on rare ocassions the order is not filled.
Will it work on other currency pairs?
No, the Golduxe algo is specially formulated for GOLD only, it not advisable to use other instruments.
Do I need a VPS?
Not essential but recommended for the value of $15 per month, gives you peace of mind the EA is always connected to broker.
Which time frame does it run on?
It runs on the 5Minute Charts of Gold (XAUUSD)