Price action auto trade bot
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 any other might stop working at one time in the future.
- NB: Standard accounts are preferred and well regulated brokers eg ICMarkets are advised to avoid unnecessary losses eg slippage ones and very large spreads.
visit https://www.mql5.com/en/users/gabrielmatovu/seller; for more free stuff and paid upgrades to support GABRIEL's research
If you want better algorithms free of charge but you share only 25% of the profits visit: www.algorithmnest.com
NB: A fee of USD 30 has been placed due to extremely high numbers of downloads as a limitation. Apologies. Alternatively, you can checkout others free of charge using link: https://www.mql5.com/en/users/gabrielmatovu/seller
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
copyright @ GABRIEL MATOVU, BSc. Quantitative Economics, MAKERERE UNIVERSITY