About the Gold Scalping Expert Advisor
As the name suggests, the Gold Scalping Forex Robot is an Expert Advisor for MetaTrader 4 designed to trade Gold on autopilot, executing trades with precision and efficiency.
During backtesting, this expert advisor achieved a remarkable profit of $28,679.62, demonstrating its effectiveness in capturing short-term price movements.
The bot utilizes an advanced trend trading strategy to identify high-probability buy and sell opportunities, ensuring consistent engagement in the market.
While it is optimized for Gold (XAUUSD), the Gold Scalping Forex Robot is versatile and can also trade major currency pairs such as EUR/USD and GBP/USD, providing traders with a flexible tool for multiple markets.
With customizable settings, risk management features, and automated execution, this EA allows both beginners and experienced traders to take advantage of market opportunities without constant monitoring.
Free Download
Download the “Gold Scalping Forex Robot.ex4” expert advisor
Key Features
Automated Gold Trading
This EA is tailored for trading XAUUSD, executing trades based on predefined parameters without the need for manual input.
High Trading Activity
With a trading activity rate of 84.5%, the EA ensures frequent engagement in the market, maximizing potential opportunities.
Profitability
Backtests indicate a profit of $28,679.62, showcasing the EA’s potential for generating substantial returns.
Trading Results
Find below the Gold scalping Forex robot performance chart (click on the picture for a full-size view).
Key Points
- Profit: $28679.62
- Profit trades: 64.7%
- Loss trades: 35.3%
- Trading activity: 84.5%
According to the backtest results, the Gold Scalping EA achieved a profit of $28,679.62 with a 64.7% win rate and a 35.3% loss rate.
The high trading activity rate of 84.5% indicates consistent market engagement, contributing to its profitability.
Trading Chart
The picture below shows the Gold scalping Forex robot attached to the Gold H1 chart.
How the EA Works
- Operates on the XAUUSD currency pair.
- Utilizes the M5 timeframe for trade execution.
- Employs a fixed lot size for consistent trade volume.
- Incorporates adjustable stop loss and take profit levels.
- Features a time filter to restrict trading to specific hours.
Download Now
Download the “Gold Scalping Forex Robot.ex4” EA
Parameters & Settings
- Trade buy: Enabled
- Trade sell: Enabled
- Support manual orders: Disabled
- Start lots: 0.1
- Use money management: Enabled
- Lot multiplier: 1.0
- Take profit: 10 pips
- Stop loss: 10 pips
- Start hour: 9
- End hour: 17
Recommended Trading Setup
- Currency Pair: XAUUSD (Gold)
- Timeframe: M5
- Minimum Account Balance: $100
- Broker: Choose a broker with low spreads and fast execution times.
- Platform: MetaTrader 4
FAQ
1. What is the Gold Scalping Forex Robot?
The Gold Scalping Forex Robot is an automated trading tool designed to trade XAUUSD on the MetaTrader 4 platform, executing trades based on predefined parameters.
3. Which timeframe does the EA operate on?
The EA operates on the M5 timeframe, executing trades based on short-term price movements.
4. What is the recommended minimum account balance?
A minimum account balance of $100 is recommended to start trading with the Gold Scalping Forex Robot.
Summary
The Gold Scalping Forex Robot is a powerful automated trading tool designed specifically for XAUUSD.
It simplifies trading by analyzing market conditions and executing short-term scalping trades with precision.
With built-in risk management, customizable settings, and seamless integration with MetaTrader 4, the EA helps traders save time while improving consistency.
Whether you are a beginner or an experienced trader, this robot provides a reliable, efficient, and fully automated solution to capture small but frequent profits in the gold market.
