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- Trading Robots
- Metatrader 4
- Automated Trading
- Gold Excel
Gold Excel
Easy Rating: 5/2
MQL Rating: 5/2
Type:
Live
Leverage:
100
Update: 5 Sep 2024
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Profit:
64.13$
Traders:
89
(65/24)
Most Profit Trade:
50.49$
Most Loss Trade:
-28.8$
Profit Factor:
0.34
Average Loss:
-8.17$
Overview
Ready to strike gold in the Forex market? Meet Gold Excel, the trading robot that promises to turn your XAUUSD trades into a treasure trove. Developed by Gregory Hay, this EA is as shiny as the metal it trades. But does it live up to the hype? Let’s dig in and find out!
Introduction to Gold Excel 🌟
Gold Excel is an automated trading system meticulously crafted for the XAUUSD pair, also known as GOLD. This EA (Expert Advisor) is the brainchild of Gregory Hay, who has designed it to be versatile enough for normal accounts, funded prop accounts, and prop challenges. What sets Gold Excel apart is its strategic use of price action and time-based trading to exploit the high daily range and volatility inherent in gold trading. 🌟
One of the standout features of Gold Excel is its simplicity and effectiveness. The system places orders twice a day, leveraging the market opens as a catalyst to detect early moves. This approach is particularly advantageous given gold’s superior global liquidity, which ensures excellent fills and execution. Moreover, Gold Excel avoids high-frequency trading, making it compatible with any decent broker offering low spreads. For traders looking to capitalize on gold’s volatility without the complexity of more intricate systems, Gold Excel offers a straightforward yet powerful solution. 📈
Key Features and Functionality 🔍
Gold Excel places orders twice daily, using the market opens as a catalyst for early moves. This strategic timing leverages the high volatility and liquidity of gold, ensuring that trades are executed with precision. The system employs a hard stop loss of $5 per trade, providing a safety net for traders. Additionally, it features a recovery function that increases lot sizes after a loss, aiming to recoup previous losses and enhance profitability. However, traders should be cautious and not expect miracles; while the recovery function can be beneficial, it also carries inherent risks. 📉
Avoiding high-frequency trading, Gold Excel is compatible with any decent broker offering low spreads. This makes it accessible and practical for a wide range of traders. The system’s simplicity is its strength, but it’s essential to manage expectations. While Gold Excel can capitalize on gold’s volatility, it won’t turn every trade into a goldmine. Traders should approach it with a balanced perspective, understanding that no system is foolproof. For those looking to integrate a reliable, time-based trading strategy into their portfolio, Gold Excel offers a compelling option. 💡
User Reviews and Performance 📈
With a 5-star rating and overwhelmingly positive user feedback, Gold Excel has established itself as a reliable and profitable EA. Users have lauded its profitability, simplicity, and the active customer support provided by Gregory Hay. Prianka Bayu Putra, for instance, called it a “formidable EA” and expressed eagerness to work with it. Another user, lovecocacola, praised its smart and clean design, highlighting Gregory’s responsiveness in customer support. However, traders should manage their expectations; while the system boasts a historical win rate of over 85%, no trading system is without its risks. 📊
Gold Excel’s performance is backed by both historical backtesting and live forward trading results, which align closely, ensuring traders can trust its consistency. Yet, it’s crucial to remember that past performance is not always indicative of future results. The system’s design avoids high-frequency trading, making it compatible with brokers offering low spreads. For those seeking a straightforward yet effective trading solution, Gold Excel appears to be a strong contender. But always approach with a balanced perspective—no EA is a guaranteed goldmine. 💡
Comparison with Other Trading Systems ⚖️
When stacked against other gold trading systems like XG Gold Robot and EA Quantum Gold Supreme, Gold Excel shines for its simplicity and effectiveness. While XG Gold Robot might dazzle you with its advanced algorithms and EA Quantum Gold Supreme with its scalping strategies, Gold Excel keeps it straightforward. It leverages price action and time-based trading, focusing on the market opens to detect early moves. This makes it a breath of fresh air in a market saturated with overly complex systems. 🌟
Gold Excel’s approach is less about fancy algorithms and more about practical, actionable strategies. It places orders twice daily, avoiding the pitfalls of high-frequency trading. This makes it compatible with brokers offering low spreads, a significant advantage for traders. However, don’t let its simplicity fool you; Gold Excel’s historical win rate of over 85% speaks volumes about its effectiveness. For traders looking for a no-nonsense, reliable trading system, Gold Excel offers a compelling alternative to its more complicated counterparts. 📈
About FxRobotEasy Team 🤖
We, the FxRobotEasy Team, have meticulously crafted this review to assist traders in making well-informed decisions. Our extensive experience in the trading world has enabled us to develop a range of services, including Forex forecasts, crypto and stock trading signals, and the highly profitable EASY Bot series. Our EASY Bot series, based on the EASY Trading AI strategy, has garnered a reputation for its impressive profitability and reliability. 🌟
Join our thriving community for honest broker ratings, comprehensive trading system reviews, and active forums where traders can share insights and strategies. We also offer Telegram channels and bots that publish real-time trading signals, ensuring you never miss an opportunity. Our goal is to provide traders with the tools and information they need to succeed in the ever-evolving world of trading. Share your thoughts on Gold Excel and download free sample source codes to get started. 📈
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
+0.1%
AVG Daily:
+0.46$
Deposit:
5000$
WithDrawal:
0$
Current Balance:
5005.33$
Profit:
5.1$
Trading Conditions by Gold Excel
Leverage:
100
Account type:
Live
Profitable by Gold Excel
Profit:
+1.65%
AVG Daily:
+0$
Deposit:
3894$
WithDrawal:
0$
Current Balance:
3958.13$
Profit:
64.13$
Other Automated Trading Systems
Gold Excel
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Reviews
5
2 total
5 stars
100%
4 stars
0%
3 stars
0%
2 stars
0%
1 stars
0%
Lukas Neumann
1 review
Exceptional Trading System with Outstanding Support
I am truly impressed with the Gold Excel trading system. It's incredibly profitable and operates in such a smooth, efficient manner. The creator, Gregory, has been absolutely fantastic, always available to answer any queries promptly and thoroughly. I am one happy customer and will definitely continue to utilize this exceptional EA. It's been a game-changer in my trading journey.
Samuel LeRoy
1 review
Excited to Harness the Power of Gold Excel!
I've just started using Gold Excel, and I must say, it seems like an incredibly powerful trading tool. The interface is user-friendly, and the potential for profit looks promising. I can't wait to dive deeper and see what this system can do for my trading strategy!