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XAUUSD Scalper M1
Overview of XAUUSD Scalper M1
- The XAUUSD Scalper M1 is a trading robot specifically designed for scalping gold in the Forex market.
- This robot uses mathematical models of linear and dynamic analysis to assess market conditions.
- It avoids risky trading strategies such as martingale, grid trading, and hedging.
- Focuses on opening 2 to 10 trades daily, depending on market activity.
Advantages of the XAUUSD Scalper M1
- Scalping system allows for intraday trading, targeting quick profits.
- Fixed lot trading adds consistency as traders can specify their lot sizes.
- Real-time updates sent to traders through notifications, enhancing communication.
- Utilizes a virtual stop loss to protect the trader's funds efficiently.
- High ratio of profitable trades to losing trades at approximately 80/20! 👍
Trading Recommendations
- Set up the robot to trade on the XAUUSD currency pair.
- Utilize the M1 timeframe to maximize the scalping strategy's effectiveness.
- The recommended initial balance is $1000 or more.
- Trade on an ECN account type for optimal performance.
Robot Settings
- Sar_period: Adjust the Parabolic SAR period for price changes.
- Step: Set offset points for pending order openings.
- Acceleration: Configure tick volume to filter out false signals.
- TrailingStop: Determine the trailing stop in points for secured profits.
- Max_Spread: Adjust the maximum spread allowable for trade openings.
Usage Interface & Performance
- Easy to install across multiple PCs, supports up to 75 simultaneous instances.
- Average drawdown during testing phases maintained around 10%.
- Traders are notified via phone of trade openings and balance updates, making monitoring a breeze.
- Focuses on minimizing risks while striving for an increase in account balance. 💰
So, you think you can outsmart the Forex market with the XAUUSD scalper M1? Let's explore whether this bot is your golden ticket or just another pretty facade. After all, if machines could always win, we'd all be sipping piña coladas on a beach right now rather than poring over ...
Release Date: 25/12/2022