ForexPen – Download Free Forex EA, Indicators and More for Your Trading Needs

XAUUSD Trading Robot Download

This fully automatic XAUUSD Scalper Robot has been specifically tuned to trade on the XAUUSD(Gold)pair. It is a XAUUSD Trading Robot. Gold, which has always been regarded as a safe-haven asset, is one of the most liquid and actively traded commodities worldwide. Its relative stability when compared to other assets and its capacity to hold value over time are what make it appealing. Numerous trading opportunities are presented by the gold market’s ongoing fluctuations. The XAUUSD Trading Robot excels in this regard.

  • Trend Trading: Riding the momentum of a dominant trend is the basis of this tried-and-true strategy. This approach is used by the XAUUSD Trading Robot, which makes sure it solely follows the trend. Drawdown is greatly decreased by doing this.
  • News Filter: Major news events can cause the financial markets to fluctuate significantly. A news filter included into this EA stops trading before major news breaks. This keeps the bot from making potentially dangerous trades when things are unclear.
  • Smart Time Filter: Unexpected price gaps, spikes, or crashes are examples of market anomalies that can seriously damage an automated trading strategy. The Robot’s intelligent temporal filter adds an extra degree of security by avoiding such erratic market fluctuations.
  • Mode of Scalping: Scalping is a tactic aimed at minor fluctuations in price. A more flexible trading strategy is ensured by the XAUUSD Trading Robot’s scalping mode, which can be turned on to halt the EA in particular circumstances.
  • The Robot employs the martingale trading strategy, which is deemed hazardous. Following a bad transaction, a martingale entails doubling the trade size. When a reversal happens, this can result in large winnings; however, if the market keeps moving against the trader, it can also result in large losses. Users need to make sure they are comfortable with the hazards involved and are informed of this feature of the robot.

Recommendations

  • A minimum account balance of 2000 dollars, or an account of one cent.
  • Made specifically to operate on XAUUSD is EA. Work with any pair of currencies.
  • On M15, it functions best. (Do whatever TimeFrame work.)
  • Because News Filter cannot be backtested, the results of backtesting are erroneous. To reduce drawdown, the News Filter eliminates faulty trades.
  • For consistent outcomes, this XAUUSD Trading Robot needs to operate on VPS continuously. Thus, we advise using a trustworthy VPS to operate this MT4 EA Download (Reliable and Trusted FOREX VPS – FXVM)
  • Spread and slippage have no effect on the EA. However, we suggest utilizing a reliable ECN broker (Click Here to Find the Ideal Broker for You).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts

FAN Trading Robot

An automated trading system called the FAN Trading Robot was created to profit from major news stories that cause notable volatility in the currency markets.

AA Forex Robot

The adaptable MT4 Robot Advanced Automated Forex Robot is available for free download. An adaptable algorithm that continuously fine-tunes and optimizes itself forms the basis

SG Forex EA

Specifically built for trading gold (XAUUSD), this SG EA is a fully automated Gold Forex EA. This article delves into the nuances of this EA,

TOP BOTTOM INDICATOR

Top Bottom Indicators provide a major advancement in manual trading tactics by identifying the tops and bottoms of market patterns. This indicator is special since