The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "ICMarketsSC-MT5-3" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
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This is the live account of Array Breakout X Gold Flash, a grid EA for gold (MetaTrader 5).
- Settings: the defaults (Auto lot). Nothing is changed by hand, and no trades are opened manually.
- Symbol: gold (XAUUSD) only.
What you will see
Flash trades in baskets: several positions of the same lot on one side, closed together at their target. It never uses martingale. Most baskets close in profit; now and then a basket is closed at a loss by its safety limit. That is normal for a grid system, and it is why the drawdown matters more here than the win rate.
Read before you copy or buy
Backtest the EA in the Strategy Tester with your own capital and risk level before you trade, and test it on a demo account of your broker first. Your results depend on your broker's spread, commission and execution.
Risk warning: trading gold on margin carries a high level of risk. Grid systems can hold several positions against the market at once. Past results, live or tested, do not guarantee future results. This is not investment advice.
Signals
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Rules
