XAUUSD Scalper

What is XAUUSD Scalper?

XAUUSD Scalper is a specialized trading robot designed to trade gold (XAUUSD) on the Forex market. It employs a scalping strategy, which focuses on making small profits from numerous trades throughout the day. The robot is optimized for short-term trading on the M5 timeframe and is designed to be user-friendly, making it accessible to both novice and experienced traders.

Key Features of XAUUSD Scalper

• Trades on the XAUUSD pair
• Optimized for the M5 timeframe
• Does not use risky strategies like martingale, grid, or hedging
• Uses a fixed lot size specified by the trader
• Includes virtual stop loss to protect the balance
• Can be run on multiple PCs
• Average drawdown of 10%
• Ratio of profitable trades to losing trades is 80/20

Advantages of Using XAUUSD Scalper

• High-frequency trading: Opens 2 to 10 trades daily, depending on market activity
• Risk management: Avoids trades with high risk and uses stop loss to protect funds
• Ease of use: Simple installation and configuration
• Real-time notifications: Sends information to the trader's phone about new orders and current balance
• Compatibility: Can be used on both PC and VPS

Trading Recommendations

• Currency pair: XAUUSD
• Timeframe: M5
• Minimum initial balance: $1000
• Account type: ECN
• Tested on FXopen broker accounts

Robot Settings

• Sar_period: Parabolic Stop and Reverse system price change step
• Step: Offset in points from the current price to the opening price of a pending order
• Acceleration: Tick volume, used as a filter for false signals
• TrailingStop: Trailing stop in points
• StopLoss: Stop loss in points
• Lots: Size of lots for new orders
• Max_Spread: Maximum spread at which the robot will open orders

Performance Metrics

• Average drawdown: 10%
• Profit to loss ratio: 80/20
• Number of trades per day: 2 to 10, depending on market activity

Installation and Testing

• Install the robot on the XAUUSD pair
• Select the M5 timeframe
• Ensure a minimum initial balance of $1000
• Use an ECN account type
• Test the robot on FXopen broker accounts

Additional Tips

• Use a VPS with low latency for optimal performance
• Adjust settings according to market conditions
• Monitor the robot's performance and make necessary adjustments

💡 XAUUSD Scalper is a powerful tool for traders looking to capitalize on short-term price movements in the gold market. With its advanced features and user-friendly interface, it offers a reliable solution for automated trading. 🌟