Gold RSI Dual Shot

High-Performance RSI Scalper for Gold

Gold RSI Dual Shot is a specialized trading algorithm designed specifically for XAUUSD on the M1 timeframe. It utilizes a dual-entry execution model to maximize profit potential while strictly managing risk.

Key Features:

• Dual-Shot Execution: Opens two simultaneous positions. One targets a safe 1:1 Risk-to-Reward ratio, while the second "Runner" utilizes a time-decay trailing stop to capture extended moves.

• Dynamic Time-Speed Trailing: The trailing stop tightens automatically the longer a trade remains open, protecting capital against sudden reversals.

• Global Protection: Includes a built-in equity guard to prevent catastrophic losses.

• Fully Automated: Handle-validated and optimized for low-latency execution.

Settings:

• TradeLot: Initial lot size for both positions.

• StopLossPoints: Fixed point-based protection.

• GuardAmount: Monetary stop-loss for the entire account.

✅ What To Do (Best Practices)

• Timeframe: Use strictly on the M1 (1-Minute) chart for the best signal frequency.

• Symbol: Optimized for XAUUSD / GOLD.

• Broker: Use an ECN or Raw Spread account with low spreads on Gold.

• VPS: Run the EA on a VPS with low latency (under 50ms) to ensure the trailing stop updates accurately.

• Starting Balance: Recommended minimum of $500 - $1,000 for 0.01 lots.

❌ What Not To Do

• Do Not run on symbols with high spreads (over 30-40 points) as it will eat into the 1:1 scalp profits.

• Do Not use on M15 or H1 timeframes without adjusting the StopLossPoints significantly.

• Do Not turn off the GuardAmount protection; it is your safety net for high-volatility news events.

⚙️ Input Settings & .Set File Guide

For the Marketplace "Gallery" or "Comments" section, you can provide these Recommended Settings (Copy these to a Notepad and save as Gold_M1_Conservative.set ):