Impact Gold Scalper
- Nguyen Hang Hai Ha
- Version: 1.0
- Activations: 88
EA Impact Gold Scalper is an automated trading solution specifically designed for the Gold (XAUUSD) market. Utilizing advanced algorithms, the Expert Advisor analyzes momentum and price trends to identify profitable trading opportunities.
With built-in Stop Loss, Take Profit, and Trailing options, traders can effectively manage their risk and maximize profits. This scalping EA opens and closes trades swiftly to capture small gains. A starting balance of 200 USD is sufficient to get started.
Setup is easy, with the default settings being the recommended configuration. If you're unsure about any of the parameters, leave them as is default.
Please note that the default settings are optimized for Gold pricing with 2 decimal places (xxxx.xx). For Gold pricing with 3 decimal places (xxxx.xxx), you'll need to multiply the parameter values by 10 (e.g. SL=1000, TP=5000). This is because the point value is 10 times greater.
|Max Spread||= 30 to 50 (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||= 1.0 to 10.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)|
|Take Profit||= 500 (point)|
|Stop Loss||= 100 (point)|
|Trailing||= 6 (point)|
|Magic Number||= your number|
* 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: any timframe (or M5 if you are confused about time frames).
Use VPS with low latency (<10ms).
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.