The Gold Multi Hunter system emerges as an automated, open, and multi-currency trading platform specialized for XAU trading. As a robust tool for Forex trading, it significantly simplifies the process of currency trading by automating most of the tasks.
Key Features
Gold Multi Hunter operates primarily on the XAUUSD m15 chart and does not utilize Grid or Martingale strategies. Each trade has a fixed Stop Loss (SL) and features virtual profit tracking, providing a safeguard against potential losses. The system’s operations are optimized for the evening quiet time, post 22:00 GMT, which is often considered a favorable time slot for Forex trading.
Multi-Currency Trading
One of the significant highlights of Gold Multi Hunter is its ability to trade simultaneously on five currency pairs: XAUUSD, XAUJPY, XAUGBP, XAUEUR, and XAUCHF. This feature provides traders with a diversified trading portfolio and increases the chances of gaining profits.
Market Volatility Filter and Data Optimization
The system is equipped with a market volatility filter, a feature that enables it to find the most accurate market entries. Besides, it optimizes data sampling between the years 2018 and 2022, aligning itself with the current market operating characteristics.
Broker Interactions
Gold Multi Hunter is designed to independently determine the GMT of the broker. It employs virtual profit tracking, thus hiding the system’s behavior from the broker. It’s important to note that this algorithm can be sensitive to spread and slippage. Therefore, it is recommended to use a good RAW/Pro/ECN broker.
System Requirements and Recommendations
The system constantly reads all the indicators of the broker, so it is advisable to use a Virtual Private Server (VPS) that operates 24/7. Gold Multi Hunter uses an adaptive lot size calculation. However, with low leverage (1:30 and below), there may be issues with margin requirements on low equity accounts. Not all brokers provide the necessary tools for trading, hence verifying compatibility with your broker in MT5 is essential.
Independent Testing and User Experience
Independent testing of this product is available on the forexroboteasy.com website, where users can also subscribe to updates on the test results. Users are invited to share their experiences of using Gold Multi Hunter, contributing to a shared knowledge base for prospective users.
FAQs
What is the Gold Multi Hunter?
Gold Multi Hunter is an automated, open, and multi-currency trading system, primarily used for XAU trading.
What currencies can the Gold Multi Hunter trade?
The system is capable of trading in five currency pairs: XAUUSD, XAUJPY, XAUGBP, XAUEUR, and XAUCHF.
What is the recommended broker type for using Gold Multi Hunter?
It is recommended to use a good RAW/Pro/ECN broker while using this system.
This independent review provides an overview of the Gold Multi Hunter system. As with any financial tool, potential users should conduct thorough research and consider multiple sources of information before deciding to use this system.
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