Description
GOLD Scalper AUTOBOT EA:
The **GOLD Scalper AUTOBOT EA** is a fully automated trading system tailored specifically for the gold market (XAUUSD), offering impressive accuracy and efficiency. Developed by a team of expert traders and programmers, this powerful **Expert Advisor (EA)** leverages sophisticated algorithms and advanced strategies to identify high-probability trading opportunities, helping you maximize profits in the gold market.
Proven Trading Principle:
The strategy behind **GOLD Scalper AUTO EA** is based on a proven trading principle: entering positions in the direction of a strong market impulse, followed by a correction. This time-tested approach, commonly used by “Smart Money” traders, has been consistently successful since the inception of market trading. Our team has been applying this method for over nine years across various trading systems, and its reliability has been proven time and again.
Minimal Parameters, Maximum Reliability,
Unlike many trading systems overloaded with complex parameters, the **GOLD Scalper AUTOBOT EA** keeps things simple. Its trading logic is robust and dependable, requiring only a few parameters to achieve consistent, profitable results.
Classical Strategy, Low Risk,
The **GOLD Scalper AUTOBOT EA** uses a classic, low-risk trading strategy grounded in textbook principles, distinguishing it from high-risk methods like grid or martingale strategies. It incorporates sensible **Stop Loss** levels and follows effective entry and exit logic, ensuring a controlled risk profit.
Money Management with Recovery Mode:
The **GOLD Scalper AUTOBOT EA** includes an integrated **Money Management system** that allows you to set a desired risk percentage. Based on this risk level and available margin, the EA automatically calculates the appropriate lot size for each trade. The system also features a **Loss Recovery Mode** for managing drawdowns.
How Recovery Mode Works
When enabled, **Recovery Mode** reviews the account history for any previous losses. If no losses are detected, the system will wait for the first loss to occur. Once a loss happens, the EA will begin the recovery process by slightly increasing the lot size of each new trade until all previous losses are fully recovered. This recovery process is secure, as the EA only increases the lot size incrementally, minimizing risk.
### Instructions and Recommendations
We recommend testing the **GOLD Scalper AUTOBOT EA** on a **demo account** first to familiarize yourself with its features and settings. Keep in mind that lot sizes may vary between brokers (typically 100 ounces per lot), so it is essential to ensure the **Auto MM** (Auto Money Management) function is calculating the correct lot size. For example, on a $10,000 account with **Auto MM=1**, the lot size should be approximately 0.1 lot (10 ounces).
