Example - Trade the GOLD symbol with my broker

Example - Trade the GOLD symbol with my broker

  • Goal: My broker provides the GOLD symbol, not the XAUUSD for the gold market. I want to trade the GOLD symbol when a signal for the XAUUSD comes in.
  • How-to: Here is an example EA configuration how to achieve the above:
    1. Signal Market Symbols = XAUUSD
    2. Broker Market Symbols = GOLD
    3. Market Name Prefix/Suffix Handling = Manual: User Defined Prefix & Suffix
  • Description: A signal comes in to trade the XAUUSD symbol. The EA replaces the XAUUSD with the GOLD name and executes the trade on the GOLD symbol with my broker.
    Note: A signal may come in for other symbols as well, however those other symbols are not replaced and the EA executes them as they come in. Only the symbols listed at the Signal Market Symbols and Broker Market Symbols are replaced.