Advanced Artist - 2024/09/03
- 03 Sep, 24
- admin
XAUUSD scalper M1
XAUUSD scalper M1 - robot scalper for gold. This robot does not use risky trading methods such as martingale, grid, hedging, etc. The robot analyzes the market using mathematical models of linear and dynamic analysis. For its work, the robot uses data obtained from market models, standard trend indicators, channel indicators and oscillators. Based on the collected data, the robot determines the current price movement, likely reversal points and market dynamics. If the price movement is stable dynamic, the robot opens trades in this direction with the optimal lot to achieve the minimum risk of drawdown. In other words, if the robot sees that the probability of risk is higher than the potential profit, the robot will not open a trade and will wait for a new stable and confirmed signal. This robot first of all tries to save the investor's funds and the second task is to increase the balance. The robot trades according to the scalping strategy. That is, they will open from 2 to 10 trading operations every day. Trades intraday. But the number of trading operations directly depends on the current market activity. If the market is very active, the number of transactions may be large. We indicate the average value.
Advantages of the XAUUSD scalper M1 robot:
this robot trades according to the scalping system, opens deals intraday
the robot does not use risky trading strategies such as martingale, grid, hedging, etc.
the robot trades with a fixed lot, which the trader specifies in the settings
when opening new orders, the robot always sends information to the trader on the phone
at the beginning of each hour, the robot always sends information about the current balance to the trader
each trade of the robot is accompanied by a virtual stop loss to protect the funds of the balance
you can run this robot on 75 different PCs
the average drawdown is 10% (according to our testing)
ratio of profitable trades to losing trades 80/20 (according to our testing)
Trading recommendations:
install the robot on XAUUSD
timeframe select M5
minimum initial balance of $1000 and more
leave settings as default
the robot was tested by brokers FXopen
Robot settings:
Sar_period - Parabolic Stop and Reverse system price change step
Step - offset in points from the current price to the opening price of a pending order
Acceleration - tick volume, upon reaching which you can open a new pending order. Works as a filter of false signals. The larger the value, the fewer orders the robot will open, but they will be more accurate. If the parameter value is set too high, the robot may stop opening orders.
TrailingStop - trailing stop in points
StopLoss - stop loss in points
Lots - specify the size of lots with which new orders will be opened
Max_Spread - the maximum spread at which the robot will open orders. If the spread is larger, the robot will not open orders. Please note that on weekends the default spread is very large, more than 20, which means that the robot will not open trades when testing on weekends.
Magic - a unique magic number.
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