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Gold Scalper EA

Original price was: $1,500.00.Current price is: $329.00.

Just for MT4 terminal and XAUUSD pair.
Fixed Stop Loss in points.
Fixed Take Profit in points.
Risks Trading size in percent <= Maximum relative drawdown.
EA close losing trades on opposite signal, or stop loss level.
EA close profit trades on take profit level, or with trailing stop if it is enabled.
EA is for long term trading.
Gold expert advisor

Category: Expert Advisor Tags: Fast Gold Scalper EA, Gold Scalper EA, Gold scalper ea strategy, GOLD Scalper PRO

Description
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GOLD Scalper EA is One of The Most Successful Expert Advisors
for trading on GOLD(XAUUSD)

Check Result Here

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Login: 471605
Password: Checkourperfomance
Server: ICMarkets-Live03

GOLD Scalper EA, fully automated trading system designed to capitalize on the lucrative gold market (XAUUSD) with unparalleled precision and efficiency. Developed by a team of expert traders and programmers, this powerful trading EA (Expert Advisor) employs sophisticated algorithms and advanced strategies to identify high-probability trading opportunities and maximize your profits in the gold market.

We have used the most proven trading principle since the markets exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid since the markets exist and it has been widely exploited by the “Smart Money” traders. We know this, because we have used this trading pattern more than 9 years in a different way in many trading systems and it just does not fail.

GOLD Scalper EA is not just another curve fitted system with a hundred parameters. On the contrary – the trading logic is so strong and reliable, so it needs a few parameters to be profitable.

GOLD Scalper EA is not a grid, martingale, or other risky strategy – it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.

Money Management

GOLD Scalper EA comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin. The Money Management system includes Loss Recovery option called Recovery Mode.

Here is how the Recovery Mode works: When activated the system checks the account history to find previous losses. If there are not any losses in the past then the system wait for the first loss. When a loss occur GOLD Scalper EA starts the recovery process. It increases the lot size of every new trade with small amounts until the last loss or previous losses are compensated completely. The process is very secure because the EA increase the lot size with small amounts.

Instructions and Recommendations

Please, test the GOLD Scalper EA on a demo account first in order to get familiar with all features and settings! Especially the lot size could differ between the brokers (normally it is 100 ounces per lot), so it is very important to make sure that the AutoMM function calculates the right lot size, which should be approximately 0.1 lot (10 ounces) at $10k account size and AutoMM=1. Respectively 0.01 lots with AutoMM=1 for account size $1000. For reference only, AutoMM=5 should open 0.05 lots on $1000 account balance.
Make sure that the spread of your broker in normal conditions does not exceed 400 pips (4 cents) in XAUUSD (GOLD/USD)! You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations.Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance.

You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used time-frames are hard-coded.

You can backtest and optimize the EA on M1 chart by “open price only” method – this will be correct enough and you will save a lot of time.

Why to trade on GOLD (XAUUSD)?

Safe-Haven Asset: Gold has historically been considered a safe-haven asset, sought by investors during times of economic uncertainty or geopolitical instability.

Diversification: Trading gold offers diversification benefits to your investment portfolio, as it can perform differently from traditional financial assets like stocks and bonds.

Long-Term Trend: Gold has maintained its value over the long term, making it an attractive option for investors looking for a store of value.

High Liquidity: The gold market is highly liquid, ensuring that you can easily enter and exit positions without significant price slippage.

Volatility: Gold exhibits significant price volatility, creating ample opportunities for traders to profit from price fluctuations.