GOLD EXCAVATOR is an EA that trades Gold on the 1H timeframe. The robot uses the DCA strategy. DCA orders are not opened by the pipstep coefficient like other EAs, but they only open orders when the strategy's conditions are met and are specially optimized for the XAUUSD pair. This makes your account more secure and keeps DD low.
THE REQUEST
Pair: XAUUSD.
Minimum deposit $500
Time frame: H1. Use VPS with low latency (<20ms).
Use the EA with an ECN or Raw spread account and enable hedging.
Download history before checking again (Press F2, find currency pair then Download). Backtest with sample: Every tick.
SETTINGS
- Lot = 0.01
- Multiplier = 2
- Take profit = 5
- Magic number = 123456
- Slippage = 3
- Show info to chart =
- Use Trailing = true
- Trailing start = 25
- Trailing distance = 15
- News filter = true
- Minutes after news = 60
- Minutes before news = 60
- Comment = Gold excavator
Note:
I purchased the Gold Excavator around 4 weeks ago and have run it on 4 IC Markets demo accounts and it has safely doubled the accounts in that time. There was one instance where the drawdown got a bit uncomfortable, but it was only because I was using too large of lot sizes for my account. Plus, I added another trade and it went to profit soon after. This EA trades with the trend and when the conditions are right for a profitable trade. It rarely misses. It works on other currency pairs as well with the right settings and some oversight. I feel confident to use it in a live account now. Tran seems to be a brilliant programmer in my opinion.