Scalping GOLD is a scalping robot for trading on gold (XAUUSD currency pair). The robot opens a lot of pending orders for a short time, then deletes them and opens new ones. This is what the robot does every time the trading volume on the market accumulates. When the price breaks through a pending order, it is triggered and a trailing stop is pulled up after it. If a short time after placing a pending order, the price does not break through it, the order is deleted and a new one is opened. Thus, the robot opens many orders every hour and deletes as many orders. This is a normal situation and you don’t need to be scared. Everything is going according to plan. The robot controls everything.
How do I test the robot in the strategy tester?
What are the advantages of this robot?
- this robot is specialized and narrowly focused. It is specially created for XAUUSD.
- this robot trades on all timeframes
- Scalper GOLD is based on active market analysis modules. It actively works with tick data every time new quotes are received.
- this robot is a scalper, actively trades and opens many deals every day.
- minimum trade balance from $500
Robot Settings:
- TrailingStop – the size of the trailing stop. This is the distance to which the stop loss will be pulled up after the price movement.
- StopLoss – the size of the stop loss in points.
- Risk – this parameter specifies the trading volume. It is indicated in proportion to the initial trade balance. The larger the trade balance, the more the trading volume of transactions will grow in proportion to the value of this parameter.
- Signal_to_enter – in this parameter we specify the threshold for opening new orders. Recommended values are from 40 to 120.
- Signal_filter is a filter for opening new deals. Recommended values are from 7 to 12
- Max_Spread – the maximum spread size at which new trades will be opened.
- Magic is a magic number. You need to specify a unique number for each robot that trades on the same platform.
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Robot Settings:
- TrailingStop – the size of the trailing stop. This is the distance to which the stop loss will be pulled up after the price movement.
- StopLoss – the size of the stop loss in points.
- Risk – this parameter specifies the trading volume. It is indicated in proportion to the initial trade balance. The larger the trade balance, the more the trading volume of transactions will grow in proportion to the value of this parameter.
- Signal_to_enter – in this parameter we specify the threshold for opening new orders. Recommended values are from 40 to 120.
- Signal_filter is a filter for opening new deals. Recommended values are from 7 to 12
- Max_Spread – the maximum spread size at which new trades will be opened.
- Magic is a magic number. You need to specify a unique number for each robot that trades on the same platform.
- TrailingStop – the size of the trailing stop. This is the distance to which the stop loss will be pulled up after the price movement.
- StopLoss – the size of the stop loss in points.
- Risk – this parameter specifies the trading volume. It is indicated in proportion to the initial trade balance. The larger the trade balance, the more the trading volume of transactions will grow in proportion to the value of this parameter.
- Signal_to_enter – in this parameter we specify the threshold for opening new orders. Recommended values are from 40 to 120.
- Signal_filter is a filter for opening new deals. Recommended values are from 7 to 12
- Max_Spread – the maximum spread size at which new trades will be opened.
- Magic is a magic number. You need to specify a unique number for each robot that trades on the same platform.
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