Gold Wizard

Overview of Gold Wizard

• Gold Wizard is an expert advisor tailored specifically for trading gold (XAUUSD).
• It is designed to execute tactics for scalping by placing pending orders based on the high and low of specific time periods.
• This EA avoids risky strategies like hedging, martingale, or grid trading.
• Each trade comes with a stop loss to protect investments.

Functionality and Strategy

• Gold Wizard operates on multiple timeframes: H1, M30, and M15.
• It conducts trades automatically, ensuring efficient entry decisions based on validated market analysis.
• The robot employs a stop loss that shields traders from unexpected market movements.
• The focus is on maximizing gains while keeping risks under control. 🔒

Setup Requirements

• It is available for both MT4 and MT5 platforms, catering to a wide array of traders.
• The recommended account types include Pro, ECN, or RAW accounts with leverage of 1:500.
• A minimum deposit of $100 is suggested to engage with the bot effectively, with a recommended deposit of $500 for optimal functioning.
• Using an ECN account with low spreads is highly recommended. 📈

Performance and Backtesting

• Gold Wizard was backtested from 2017 to 2024 with 99% historical quality data, showcasing its reliability.
• The robotic system can work harmoniously with other expert advisors in the same trading account.
• It has demonstrated promising results in simulated environments, indicating its stability in real-world trading.

User Reviews and Feedback

• Users have noted its easy setup and intuitive interface, making it accessible for both beginners and experienced traders.
• Many appreciate the transparent strategies that do not involve high risks, garnering trust in its performance.
• Testimonials reflect satisfaction in the automated trading process, emphasizing the low maintenance required to operate Gold Wizard. 🌟