ZigZag Doten Market MT4

This bot supports XAUUSD. It is an automated trading bot based on moving averages and the ZIGZAG indicator.

The 1-minute, 30-minute, and 1-hour time frames are particularly recommended. By changing the time frame, you can also engage in scalping or swing trading. This is a simple trading strategy that does not use the average cost method or the Martingale strategy.

No stop-loss settings are required. When the trend reverses, the bot automatically closes the position and initiates a trade in the opposite direction. As long as there is a balance in your account, it will continue trading indefinitely, even if left unattended.

We recommend 0.02 lots for approximately $100.

It generates significant returns with a small investment. However, results are not 100% guaranteed. Please trade at your own risk.

Depending on market conditions, during periods of low trading volume or in a range-bound market, prices may reverse before reaching their maximum potential, potentially resulting in a loss of principal. Therefore, we recommend pausing the bot during such periods.

Before using the bot, please use the tester to backtest it and determine the optimal lot size and timeframe for your trading style.