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Gold Escavator Trading Bot

4.5

GOLD ESCAVATOR TRADING BOT

A trading bot for XAUUSD.


Lotsize is calculated by  multiplying the lot factor by each 100 USD on account. 

You can adjust your risk level from 1 to 4 to suit your needs;

Advisable to use account sizes of USD 200 and above.

Account types: Hedge accounts, Standard accounts are preferred i.e. no commissions, Use well regulated brokers eg ICMarkets. 

all this provides room for the strategy to work smoothly for stabilized results and removing the possibility of the model crashing.

ADJUST The Time settings to your own time zone because they are calculated using GMT+3


HOW TO USE: A VPS is highly recommended. AWS offers 1 year free trial

NB: These are risky strategies which give good returns over time but also pose a risk of blowing up your account. Use on your own accord.

LINKS

Automatic Pattern and Trendline Analyst : https://www.mql5.com/en/market/product/88794

Automatic Price Action Level Plotter: https://www.mql5.com/en/market/product/94338

MQL5 SIMPLIFIED SUMMARY; learn how to code your own bot 

copyright @ GABRIEL MATOVU, BSc. Quantitative Economics, MAKERERE UNIVERSITY

you can always reach out to me on telegram https://t.me/DrFranzG



Comentarios 2
Harvey Franco
87
Harvey Franco 2023.12.01 10:53 
 

I just started testing this on demo, results are amazing thus far. Do you have it on MT4 also?

Arashthz
14
Arashthz 2024.01.08 13:07 
 

I was backtesting when I updated to version 1.31 and unfortunately it doesn't work for me anymore and even the robot setting was changed. please guide me.

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PRICE ACTION Semi-auto trade bot:  (SPECIALLY DEIGNED FOR XAUUSD  ) This is a simple quantitative model that trades GOLD(XAUUSD) using automatic price action analysis algorithms Place it on any symbol or timeframe.  The position sizes are calculated by multiplying 0.01 per USD 500 on account to ensure low risk exposure and also leaving free margin for hedging positions that reduce the overall risk exposure . This is what leads to stability in the model though it is possible that the model like
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GBPUSD TRADING BOT VX free version SYMBOL: GBPUSD TIMEFRAME: ANY ACCOUNT SIZE: Minimum, USD 500 ACTIVE HOURS: 15-17 hours (GMT+3 ) Please adjust accordingly to your time zone. MAXIMUM account drawdown: 4.17%. Risk Management: A small lot size is used i.e. 0.01 per USD 1000 on account to ensure stabilized returns full version:  https://www.mql5.com/en/market/product/107387 5 year performance : Return on investment *9 times. NB this is with compounding. The average is close to ROI 65% every year w
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GBPUSD TRADING BOT VX SYMBOL: GBPUSD TIMEFRAME: ANY ACCOUNT SIZE: Minimum, USD 500 ACTIVE HOURS: 15-17 hours (GMT+3 ) Please adjust accordingly to your time zone. MAXIMUM account drawdown: 4.17%. Risk Management: A small lot size is used i.e. 0.01 per USD 1000 on account to ensure stabilized returns 5 year performance : Return on investment *9 times. NB this is with compounding. The average is close to ROI 65% every year without compounding  Strategy.: Uses momentum explosions with a directional
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Accurate horizontal support and resistance levels Accurate for price action analysis. All Markets: forex, stocks, indices, metals, commodities ,and crypto  Available for meta trader 5 Adjustable parameters I think that's it  inputs: For multiple timeframe analysis: adjust "analysis_timeframe"  accordingly "depth_of_retrenchments" represents how big the peaks or troughs are. "lookback " represents the most recent number of candlesticks to consider "linecolor " is the color of the lines "lineweig
TRADE BOT X A trading bot for XAUUSD,GBPUSD,US-30 index. Risk levels can be adjusted using the coefficients, but also adjust the maximum drawdown as you increase the coefficients Advisable to use account sizes of USD 500 and above. Account types:   Hedging accounts, Standard accounts are preferred i.e. no commissions, Use well regulated brokers eg ICMarkets.  all this provides room for the strategy to work smoothly for stabilized results and removing the possibility of the model crashing. ADJUST
Filtro:
Arashthz
14
Arashthz 2024.01.08 13:07 
 

I was backtesting when I updated to version 1.31 and unfortunately it doesn't work for me anymore and even the robot setting was changed. please guide me.

Gabriel Matovu
7459
Respuesta del desarrollador Gabriel Matovu 2024.01.08 13:45
The extra setting to allow users adjust the risk parameters but he default settings are extremely fine except the GMT time zone settings are the one you are supposed to adjust to your time zone setting eg GMT+3. Also, the performance increased a lot. If it is no longer working for you, contact me on telegram to see how best I could help: https://t.me/DrFranzG you could also visit algorithmnest.com for more cool stuff
Harvey Franco
87
Harvey Franco 2023.12.01 10:53 
 

I just started testing this on demo, results are amazing thus far. Do you have it on MT4 also?

Gabriel Matovu
7459
Respuesta del desarrollador Gabriel Matovu 2023.12.02 11:34
I only code MT5 bots in my free time. I cant afford doing double work .Alternatively there are more free ones on my profile which are even far better in case you are interested in checking them out. Link for all free bots: https://www.mql5.com/en/users/gabrielmatovu/seller Enjoy
Respuesta al comentario
Versión 1.31 2023.12.30
Improved position management algorithms.
Lower equity drawdown
Very minimal balance drawdown
increased overall performance and ROI
Adjustable risk settings
Time zone settings
Versión 1.3 2023.12.30
Improved graphics panel.
Improved position management algorithms.
reduced equity drawdown
very minimal balance drawdown
increased overall performance
Versión 1.1 2023.09.12
OPTIMISED