ZigZag Doten Market 3 MT4

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

The 15-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. (However, please set a stop-loss before economic indicator releases, etc.)

We recommend trading 0.01 to 0.02 lots with approximately $100.

While it can generate significant returns with a small investment, 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 maximum profit, potentially resulting in a loss of principal. Therefore, we recommend temporarily pausing the bot during such periods.

Before using the bot, please use the tester to conduct a backtest and determine the lot size and timeframe that best suit your trading style.

In particular, we recommend nonstop running it continuously on a 30-minute chart. Please test it via backtesting to verify its performance!

I'd appreciate it if you could leave a review.

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