Beat the Gold
- Experts
- Nguyen Hang Hai Ha
- Version: 1.0
- Activations: 9
With the Gold market constantly changing, our robot is specifically designed to identify and act on the best opportunities. The price action scalping strategy is used to identify short-term movements in the market, while smart position management ensures that trades are executed with precision and accuracy.
Whether you're an experienced trader looking to automate your Gold market strategies or a beginner looking to enter the market, our robot offers a reliable and effective solution. With its advanced algorithms and powerful features, our product provides traders with the tools they need to succeed in the Gold market.
EA's settings interface is simple and easy to use, suitable for everyone. If you are inexperienced, you just need to set the default. You can start with an account with a small balance from 500 USD.
The default setting is suitable for XAUUSD with 2 decimal places (ex xxxx.yy)
Settings:
| 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 | = 0.5 to 2.5 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 600 (points) |
| Trailing Stop | = 10 (points) |
| Max % Drawdown | = 0 (= 0 mean No use) |
| Magic Number | = 36999 |
* 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.
Recommend:
Time frame: M1 or M5. Use VPS with low latency (<10ms).
Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $ 500
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Do not use this EA with another EA on the same account. Do not make deposits or withdrawals while the EA has open positions.
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 1900.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 6000 (instead of the default value = 600). Because Point calculation is different with 2 decimal places.
+ If you want to deposit or withdraw while having floating trading positions, you need to: Disable Auto Trading, press F3 to open the Global Variables panel and delete the information in that table, make a deposit or withdrawal , then Enable Auto Trading.
