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Fast M1 Gold Scalper EA - Forex MT4 Expert AdvisorPLATFORM: MT4
TF: M1
PAIRS: XAUUSD
MIN DEPOSIT:$1000
LEVERAGE: 1:500
ACCOUNT: Recommended: ECN Low Spread or Zero Spread
FAST DELIVERY
Fast M1 Gold Scalper EAis a high-frequency, 100% automatic trading robot.Our expert advisor is designed to executeultrafastand trades using scalping techniques such as trend following/reversal and capitalizing on short-term price fluctuations.Fast M1 Gold Scalper EAis 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 EAcannot be backtesteddue 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 conductedlive tradesof 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 basedon live account,not a backtest, and are intended toshow the potential of our EA in areal-worldtrading analyze thereal statisticsand see what’s been happening here:
- We deposited $1000 into the Roboforex ECN Account.
- We activated a robot that began scalping at17:44 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 was3.60%.
- The robot made a total of 77 trades,winning 60andlosing 17.
- The EA generated a total profit of$240.47in two hours.
- We paid-$61.32in commissionsto the broker.We took into account these necessary fees for executing fast and precise trades in our professional Roboforex ECN account.
- Deducting the commissionsfrom the total, theNET PROFIT was…
$179.15IN 2 HOURSNow that we’ve seen how much it earns, let’s look at some technical issues:
- The EA hides the broker’s SL and TP, as the EA doesn’t even know what the SL and TP are. It always opens a trade with a 2% risk per trade for lot calculation.
- If the trade goes in our favor, the EA will trail the price and secure profits until the price turns against us by 5 pips (this is where the SL becomes the TP, close the trade in profits, and that’s why the robot doesn’t have a predefined TP
- If the trade goes against us, the EA will wait for a reasonable amount of pips, calculated based on the volatility and the cross calculation explained earlier. Then, it will open another trade (always with a minimum of 75 pips, which is more than prudent for a M1 timeframe) and then average both trades, closing them in profit. That’s why there’s no way for the broker to know what our SL and TP are (they will appear as 0 in the terminal), as the EA decides at that precise moment, and we can’t modify them manually either.
Let’s take a look at an example of theworst-case scenariowe’ve detected:
The EA initiated the first sell trade based on the assumption that the current bearish trend would continue.
However, the trend was broken and the EA opened another trade at 84 pips, hoping for a price rebound. Unfortunately, this didn’t happen, so the EA waited for 182 pips from the second entry point before opening the final trade. (between the first and last trade there was a difference of approximately 5-6 minutes). This is how the full chart looked like at the beginning:
When we had a balance of 1135, our equity dropped to 1102, being in negative ~$32, we already had a trade in our favor, but it was not yet time to close, because we expect to come out in profits…
So as soon aswe were up by $9.64 the EA locked the profitsand started trailing the price, hoping to make as much profit as possible, but as soon as the price returned by 5 pips, it would close all trades and take its profits. Our balance is still 1135, but our Equity is now 1145. So, we wait…
And this is how it ends:Our Balance: $1150 – Equity: $1150
Great job!We show you this to demonstratehow the EA can still make profits even in the worst-case scenarios.
But Wait !!As the EA fully confirmed the trend reversal and finally turned a profit, the next trade was opened at 19:32:02 and quickly closed at 19:32:16 (just 14 seconds later!). Yes, seconds! with aNET PROFIT OF $6.51
We have even calculated the profit by deducting the broker’s commissions.
So please do not ask us if you can use a Standard account.
USE ANY BROKER WITH AN ECN LOW SPREAD ACCOUNT
PACKAGE INCLUDE:
EA: Expertand Guides will be sent you via Message.
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