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GoldFirst

You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT4)

If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings fields from inputs

If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings fields from inputs

INPUTS:

Time start hour 1 | Time start minute 1 | Time end hour 1 | Time end minute 1
All these 4 inputs are used for creating a time interval (hour and minute) in which the EA will work
Important! If a trading cycle starts before the ending time then the EA will keep working (placing trades) until it reaches the TakeProfit level or the Stop Loss level (even if this means it will trade after the ending time)

Use second time period

Set on true if you want to add a second time interval of the day in which to trade

Time start hour 2 | Time start minute 2 | Time end hour 2 | Time end minute 2
The values for the second time interval. They will be active ONLY IF you will set the Use second time period input on true

Noise, points
The points a price has to move (up or down) so we can consider the move as a valid swing. We do not take into consideration price moves smaller than this when opening a new Trading Cycle.

Start price, points
The points that are calculated from a price Local Low or Local High where the 1st trade of a Trading Cycle will be placed.

The higher the value, the safer the strategy will be and the fewer trades you will get.

This should always be greater than Noise

Step, points
The distance (in points) that has to pass from the previous trade within the current Trading Cycle.


TakeProfit, points

The distance (in points) that a current swing will have to reverse in order to close all trades of that Trading Cycle.

StopLoss, points 
The distance (in points) that a current swing has to develop in order to close all trades of that Trading Cycle. 


Initial lot

The trading volume of the 1st trade of a Trading Cycle should have


Lot multiplier

The multiplication factor is taken into consideration for calculating the volume of the next trade. If trade nr 1 of a Trading Cycle will have the volume of 0.01 lots and the Lot multiplier is set on 2, then the 2nd trade of that trading cycle will have a volume of 0.02 lots.

RISKS

Broker Risks
Executing trades with large slippage
Having large spreads and swaps that can eat up a good chunk of your profits
How to avoid: 
choose a broker with high leverage, low spread (< 3 pips), no commission


Trading funds Risks: 

Not having enough money for the input values that are set ( the strategy will want to open a new trade and will have no available funds)

How to avoid: 
start with the recommended amount of money


Strategy risks

The main risk that is 100% coming from the strategy itself (if inputs values are set correctly) is that something that has not been seen before in gold price action will happen.
GoldFirst has some recommended input values that are based on the historic price action of gold. If a gold price move will be extended like never before (in recent history) then will hit your StopLoss value and will create a large loss in your account.
How to avoid:
Don’t trade during important news days (there is an economic calendar you can follow)
Choose to trade/not to trade when unexpected news happen (covid burst, financial crisis, war, wheather dissasters etc) 

Respect the input values 


Human error risks
Changing the time frame while the EA is running
Setting input values that will result in losses
How to avoid:
Pay great attention to all aspects when setting up and laughing
Check the bot a few times a day


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The EnergoHFT expert system works with ticks on all types of accounts. For an internal algorithm, the elementary unit of analysis is a tick. This bot is based on the Energo bot. The expert system does not use the history stored in the database to work. For his own needs, he uploads historical data online, creating his own database. To achieve good results in real tick mode on the tester, it is necessary to carry out optimization. The internal optimizer, having carried out optimization accor
800 USD
AFM Pro Neural
Vladimir Pavlov
5 (1)
Principle of operation The EA's algorithms are based on the method of amplitude-phase modulation of signals of different timeframes. Some algorithms use emulation of neural network analysis of the graph. The EA has a block structure and the ability to add an unlimited number of algorithms for open and close. Online monitoring   https://www.mql5.com/ru/signals/1516046?source=Site+Profile Main advantages Attention! Before starting, be sure to download the preset files - given at the end of the de
900 USD
Master Mind Algo AI
Pappathi Murugesan
Master Mind Algo AI EA Are Trade With Volatility Based On Trading Strategy Time Frame - 5 Mins,15 Mins Use Low Spread Forex Broker Or ECN Broker Pairs - EURUSD - GBPUSD - USDJPY - AUDUSD - USDCHF ..... etc Minimum Deposit - 200$ If You Deposit 200$ Enable EA On Only 2 Pairs , Or Deposit 500$ Enable EA ON 4 To 5 Pairs, Depen On Your Invest Low DrawDown Adjust Risk Managemend Money Managemend
3 300 USD
Golden Standard MT4
Evgenii Golovanets
Golden Standart it is a self-regulating Expert Advisor based on a breakout strategy of key levels, and the stop loss is calculated automatically. It reacts to volatility breakdowns and price spikes at support and resistance levels. The combination of 7 strategies allows for a unique approach in conducting transactions with the desired profit. Intelligent algorithms and a self-learning adaptive multilayer perceptron have all been integrated into my new Expert Advisor. The algorithm does not use
850 USD
GerFX Density Scalper
Exler Consulting GmbH
4.5 (8)
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
Scalper VIP
Aleksej Jeske
5 (5)
Предназначен для торговли инструментами на рынке Forex. Эксперт открывает сделку (отложенный ордер), после предварительного анализа комплекса факторов индикаторов, уровни поддержки и сопротивления и состояния рынка . При получении сигнала на вход Эксперт выставляет отложенный ордер, Стоп и профит. В случае ошибочного сигнала, отложенный ордер удаляется и советник ждет следующей торговой ситуации. Trading_Parameters=Параметры Pair=Инструмент (этот параметр не на что не влияет) для удобства сохра
5 000 USD
PriceTracker
Stanislau Siatsko
3.86 (7)
Very important!  When testing PriceTracker, you see the results for only one instrument and the current drawdown only for the tested instrument. That is, in the tester you will not see the main algorithm underlying the PriceTracker system - this is the equilibrium / diversification phase, the so-called compensation / containment of the floating drawdown of one or several instruments due to growth and profit taking on others. This is achieved by using simultaneously 15 different currency pairs wi
3 500 USD
FXopen Scalping Bot is a fully automatic robot for trading with the FXopen broker. We tested this robot on fxopen broker accounts and got effective results. We recommend using the robot with FXopen broker, account type - ECN, minimum deposit from $500, GBPUSD currency pair, H1 timeframe. In order to get the same trading results as we got, you need to fulfill the technical requirements that we wrote above. FXopen Scalping Bot is a scalping robot. Despite the fact that the robot trades on the H
798 USD
OnOff
Andriy Motuzka
Perfect Set Files -  m5 mini spread    Set M15    m15 only one currency    Set M1 only 0-3 spread    M15 set   - works based on the VolatilityAverageSingleHighLimit indicator         Signal Settings: ModeIndicator - indicator operation mode, Off / Average / High WorkZeroBar - work on the zero bar (true) if false - we fix the intersection of the indicator lines on the formed bars VolatilityAveragePeriod - indicator period VolatilityAverageRatio - indicator ratio Lots - fixed lot LotsPercent - pe
2 000 USD
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GoldFirst MT5
Adrian Claudiu Filip
You must check the TimeZone of your Broker’s Server and the number of decimals Gold (XAUUSD) has on your Broker’s Platform (MT5) If your Broker offers Gold (XAUUSD) with 2 decimals => leave the default settings for TradingSettings and AdaptiveSwing fields from inputs If your Broker offers Gold (XAUUSD) with 3 decimals => add one 0 for all TradingSettings and AdaptiveSwing fields from inputs INPUTS: Time start | Time end  These 2 inputs are used for creating a time interval (hour and minute)
790 USD
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