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Maedinas Gold Scalper

Overview of Maedinas Gold Scalper

  • 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 ...

    Release Date: 30/10/2022

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