The realm of Forex Trading is a complex one, with various strategies and tools available at the disposal of traders. One such tool that has caught the attention of many is the Advanced Gold Scalper MT4, a Forex software designed for gold scalping on the MT4 platform.
Product Overview
Advanced Gold Scalper MT4 is an Expert Advisor (EA) specifically designed for XAUUSD trading. This fully automated advisor comes with a unique system to recover from losses. It is currently available for a limited offer of $199, after which, the price will increase to $299.
Key Features
This EA is equipped with several unique features. It does not use a Martingale or Multiplier Lot system, making it a safer option for traders. Instead, it employs a scalping follow trend strategy, which is considered efficient and profitable in Forex trading.
One of the standout features of the Advanced Gold Scalper MT4 is its news filter. This filter is designed to halt EA operations before high impact news, potentially protecting traders from sudden market volatility. It also has a scalping mode that can stop the EA under certain conditions.
Installation and Set-Up
Immediately after purchase, users are urged to contact the seller for instructions and a manual guide to set up the EA. It is important to note that the news filter feature cannot be back tested. This is because the news filter helps the EA remove bad trades to limit Drawdown, which can cause back testing results to be inaccurate.
Performance and Testing
The Advanced Gold Scalper MT4 has undergone extensive back-testing from 2008 to 2022 using every tick based on real ticks in MT4 using Dukascopy Real Ticks with 100% tick quality. This rigorous testing has shown its stability and potential profitability.
It is advised for prospective buyers to visit the forexroboteasy.com website to view independent testing of this product. Users can also subscribe to updates on the test results of this product to stay informed on its performance.
Frequently Asked Questions
What is the minimum deposit for using the Advanced Gold Scalper MT4?
The minimum recommended deposit for using this EA is $500, with a suggested deposit of $750 for optimal results.
Can I purchase this EA outside of MQL5.com?
Buyers are cautioned to only purchase the Advanced Gold Scalper MT4 from MQL5.com. Any purchase made outside of this platform is likely to be a fake version that will not function as effectively.
What is the recommended broker for this EA?
While the Advanced Gold Scalper MT4 can work with any broker, it is recommended to use a low spread broker for best results.
We invite readers who have experience with the Advanced Gold Scalper MT4 to share their insights and experiences. This review is independent and does not endorse or criticize the product. The intent is to provide a neutral perspective based on the productโs description and features.
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