EA Goldman Scalper is a trading robot focused on the Gold market with high winrate and low risk. The EA has a smart entry and smart position management strategy to close floating positions. The EA uses a variety of strategies to better adapt to each different market situation. Strategies focus on reducing risk without floating positions.
All trading orders have Stop Loss to protect the account and reduce risk.
Expert Advisor is designed specifically for (Gold) XAUUSD.
If you do not have experience using EA, you should use the Default Setting with initial capital from $ 200.
|Max Spread||= 25 to 30 (Must be higher than the average spread of the currency pair)|
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 1 to 10 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)|
|Take Profit||= 500 (points)|
|Stop Loss||= 100 (points) or 300 or 500 points|
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Time frame: M5. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.