EA Golden Alchemist is a trading robot for the Gold market with a unique scalping strategy, base on Price Action and Climax of the price.
Expert does not use risky strategies like Martingale, Grid. All trades have stop loss to protect the account and reduce risk.
Live Signal:
This expert is fully automated and does not require complicated settings. You just need to use the default setup with an initial capital of $200.
Settings:
| Max Spread | = 25 to 50 points (Must be higher than the average spread of the currency pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 2.5 to 10 (=5 mean auto lot size = 5 lots per $1,000,000 balance, or 0.05 lots per $10,000 balance…) |
Recommend:
Time frame: M5 time frame. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl U, select currency pair, click Properties and Stops Level on the 3rd line)
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Time frame: M5 time frame. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl U, select currency pair, click Properties and Stops Level on the 3rd line)
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
* Use EA with broker with 2 decimal places for Gold price, for example 1989.68
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
* Use EA with broker with 2 decimal places for Gold price, for example 1989.68
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