Fast M1 Gold Scalper EA MT4 fix version
Fast M1 Gold Scalper EA MT4 fix version
Platform: MT4
Pairs: Gold
Time frame: M1
Broker: ECN (Important: you need a broker with 0 spread or low spread account)
Leverage: 1:500
Minimum deposit: 1000$
Package includes: expert
Fast M1 Gold Scalper EA is a high-frequency, 100% automatic trading robot.
Our expert advisor is designed to execute ultrafast and trades using scalping techniques such as trend following/reversal and capitalizing on short-term price fluctuations.
Fast M1 Gold Scalper EA is a highly efficient scalping tool designed specifically for trading XAUUSD (Gold) on the M1 timeframe. It requires a 0 Spread or ECN account with fast execution and a stable internet connection, or alternatively, the use of a VPS.
Unlike other EAs, Fast Gold Scalper EA cannot be backtested due to its unique decision-making process that considers both volatility and volume (through a cross-calculation of strength). This makes it impossible to reproduce the same results in a backtest, as broker commissions and other factors that impact trading cannot be accurately accounted for.
Therefore, we have conducted live trades of our expert advisor on a Roboforex ECN account with a leverage of 1:500 and an initial capital of $1000, allowing it to run for 2 hours.
Please note that the results provided are based on live account, not a backtest, and are intended to show the potential of our EA in a real-world trading environment.
- We deposited $1000 into the Roboforex ECN Account.
- We activated a robot that began scalping at 17:44 PM.
- After two hours, at 19:58 PM, the robot opened and closed its last trade, having already earned more than enough profit.
- We decided to deactivate the robot.
- The maximum and relative drawdown during the two hours was 3.60%.
- The robot made a total of 77 trades, winning 60 and losing 17.
- The EA generated a total profit of $240.47 in two hours.
- We paid -$61.32 in commissions to the broker. We took into account these necessary fees for executing fast and precise trades in our professional Roboforex ECN account.
- Deducting the commissions from the total, the NET PROFIT was…
$179.15
IN 2 HOURS
Inputs parameters: Please DO NOT MODIFY!
There are no preset files since the EA works without modifications to its original configuration.
The EA does not use a martingale strategy. It simply calculates the lot size based on a healthy and recommended percentage of 2% risk per trade, so The lot is only increased by the EA when it has made profits and therefore its capital has been increased.
The exponential lot size is fixed at 1 (non exponential), and we recommend that you do not modify (increase) this parameter, or the “Min Profit”, “Dist” and “Step” values. The only parameter that can be modified, if desired, is the time settings. However, please do not adjust any other values.
WITHDRAWALS:
Our recommendation is to withdraw your profits on a daily basis and limit the EA’s trading time to a few hours.
Once it reaches a profit of $150-200, wait for any open trades to close, turn off the auto-trading button, and transfer the profits to your bank account. You should not let the EA trade continuously.
Keep a close eye on the robot’s performance, so that you can identify the right time to pause it and withdraw your profits.
Additionally, avoid running it during RED NEWS.