RUBBERBANDS EA works in any timeframe for any currency pair, including gold and silver. Its logic is based on the fact that any price movement may accompany rebound. It opens orders in both directions (BUY & SELL) at a time initially, then closes one of them at the specified profit "dollar_profit" (in dollars per lot) and opens one order in reverse direction. Meanwhile accumulated (unrealized) loss is greater than the profit made, but when price moves back, loss decreases or turns to profit.