PipScalperGold

PIPS SCALPER GOLD 1.2

⚙️ Strategy Mechanics

• Synchronized Pending Orders: Two stop orders (buy and sell) are placed at an equal distance from the current price. As soon as one order is triggered by the market, the opposite order is immediately cancelled.
  
  
• Intelligent Slippage Management: The Stop Loss is dynamically placed after actual execution, calculated directly from the real entry price to perfectly account for slippage.
  
  
• Built-in Trailing Stop: A trend-following trailing stop secures and locks in profits as the price moves in your favor.
  
  
• Automatic Recentering: Upon the closure of each position, a new cycle begins and orders are instantly recentered around the new market mid-price.
  
  

🚀 Key Features

• XAUUSD Specialization: Parameterized and optimized exclusively for gold on the 1-minute (M1) timeframe.
  
  
• Risk & Capital Management:
  
  
• Fixed lot size (default set to 0.01 lot).
• Minimum Deposit: $200 (recommended for safe management of 0.01 lots).
• Margin Safety: The EA blocks the opening of new trades if used margin exceeds 50% of the account equity.

• Integrated Market Filters:
  
  
  • Spread Filter: No trades are executed if the spread exceeds a maximum threshold of 15 points.
    
    
  • Commission Filter: Built-in protection blocking trades if the commission exceeds $0.04 per 0.01 lot.
    
    

📊 Technical Recommendations

• Asset: XAUUSD (Gold) only.
  
  
• Timeframe: M1 (1 minute).
  
  
• Minimum Deposit: $200.
  
• Account Type: ECN, Raw, or Razor accounts offering raw spreads and low commissions.
  
  
• Virtual Private Server (VPS): An ultra-fast VPS with low latency (between 1 ms and 2 ms) is highly recommended to minimize slippage and ensure smooth 24/7 operation.
  
  
• Testing Phase: Always thoroughly test the robot in the MetaTrader Strategy Tester and on a demo account before live deployment.
  
  

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⚠️ Risk Disclaimer