Maedinas Gold Scalper is an Expert Advisor specifically developed for trading XAUUSD (Gold).
It incorporates various customizable settings aimed at enhancing trading performance.
The tool is designed for both novice and experienced traders to optimize their trading experience.
Key Features
Money Management: Automatically adjusts lot sizes based on account balance, providing users with lot size control options.
Take Profit & Stop Loss: Customizable settings to define take profit levels and stop loss strategies.
Trailing Stop: Secures profits by allowing automatic adjustment of stop loss to lock in gains.
Flexible Trading Schedule: Users can customize trading hours for better alignment with their preferred market sessions.
Multiple Engines: Features three independent trade engines to suit different risk tolerance levels and trading preferences.
Trend Filtering: Implements filters to pause trading during unfavorable market conditions and includes news filtering to avoid high-impact news events.
Performance and Reliability
The EA has undergone comprehensive backtesting to ensure its effectiveness and reliability in various market conditions.
Users can easily apply pre-configured set files for optimized performance.
Low drawdown levels and consistent profitability are highlighted as key strengths of this EA.
User Reviews and Feedback
Traders have praised it for its effective money management and overall trading logic.
Many reviews highlight its low drawdown and the robust performance of the built-in trading strategies.
Some users suggest that it may be more valuable than its price indicates, urging others to try it for the potential benefits it offers. 💰
Additional Considerations
It is recommended to use a minimum capital of $5,000 for optimal performance.
Designed to operate under specific broker conditions, including a suggested leverage of 1:500.
Suitable only for MT5 Hedging Account types, indicating a preference for particular trading environments.
Users should proceed with caution and adhere to backtesting recommendations before live trading. 🛡️
Welcome to the world of automated trading, where dreams of forex riches clash with the reality of market volatility! Today, we have the 'Maedinas Gold Scalper', a trading system basking in a 4.55 rating but is it merely a glittery mirage? This Expert Advisor claims to pack all th ...
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AUD/JPY
