A trading robot for trading GOLD that combines a Trend Following and Counter Trend technique is called Gold Butterfly Scalper Pro. The arbitrage, grid, martingale, or any other risky strategy is not used by this expert advisor; rather, all trades are covered by a 1:1 stop-loss to take-profit ratio.
For 17 years, the EA has been put through stress testing, and each year it succeeds with a highly favorable profit/drawdown ratio. Even in the case of an unanticipated market event, these maximum accuracy backtests exhibit a high payout rate and solid resistance.
Recommendations
- $100 is the minimum balance required.
- Ideal For XAUUSD (GOLD)
- M15 time frames are ideal for this.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).