Golden Scimitar

Golden Scimitar is a hedging forex robot which contains several trading systems based on default Metatrader indicators and Support Resistance. Each trading system has it own entry with fixed stop loss, take profit, and trailing stop. and it has option to choose how the order sends, using stop order or market order. This expert advisor is especially designed for XAUUSD (Gold)  H1 time frame. 


Main Features:  

  • No Martingale. 
  • No Grid.
  • No Averaging.
 
Setting Parameters:
  • Expert Name - EA name and trades comment. 
  • Magic Number - EA identification number to identify trades, and must be different to other EA. 
  • Lot Size - Fixed lot size.
  • Auto Lot Risk - Auto lot size calculation. 
  • Stop Loss - Fixed Stop Loss for each order.
  • Take Profit - Fixed Take Profit for each order.    
  • Averaging Basket TP ($) - Averaging basket take profit of all orders in account currency. 
  • Commission per lot - Commission per lot for both side.
  • Slippage - Slippage.
  • Pending Order Settings.
  • Trailing Settings.
  • Time Filters.

Recommendations:  
  • XAUUSD (Gold vs US Dollar) H1.
  • Zero spread ECN or Raw spread account.
  • Account that support hedging. 

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