Gold is much more volatile than all the forex pairs in the forex. Because of the volatility, you can make quick profits compared to the other forex pairs. That’s why so many forex beginner trades are into gold trading to make quick profits because of the volatility. However, you can also lose your account because of the volatility. So, you have to be the correct trend of the market.
There are so many forex robots for gold you can use. It would help if you carefully use any gold EA because of its volatility. And no forex robot can give you consistent profits in the long run. You need to monitor the market carefully from time to time. You can check our other forex robot we shared earlier; for example, Hide Forex EA or Perawi Forex EA.
This forex robot is created based on the market trend-following method. We all know that the trend-following strategy is the safest in the forex market.
Apart from trend following strategy, this forex robot can identify the price action structure to take any entry. Then, it analyzes the market based on past data and takes the next trades.
Unlike other forex EA, this forex robot does not take significant losses because this forex EA avoids trading in the news and is a highly volatile event. So your account will be safe and secure in the long run.
This forex robot capital management is also good. Your account drawdown will not be so high when using this forex robot. We are expecting a 5%-7% drawdown using this forex robot.
We all know that the gold pair is highly volatile. That’s why we recommend withdrawing your investment after this robot gives you some profits. Do not be all in in the single forex robot. We never know the market situation in the future.
You need a $1000 or cent account to use this forex robot. Your lot size should be 0.01, and you can increase it after making good profits.
Although this forex robot is mainly created for gold trading, you can use this forex robot for bitcoin trading too. And we are getting good results on this forex robot’s 15M and 1H timeframe.
It would be best if you had a decent low-spared forex broker to use this EA. ICMarkets is the best one for this forex EA. This forex broker also allows all EA trading.
The experts claimed you could make 10%-15% profits monthly using this forex robot. However, you need to test it before you invest your hard-earned money into this forex robot.
After testing, if you are okay with this forex robot, you can go to a real account and make a profit using this forex robot. And when you are trading, whether with the forex robot or manual strategy, do not forget the money management and risk parameters.
You can download this forex robot for free from the details below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the EA’s file
Step 3: Install the EA to your MT4 platform
Step 4: Run the EA to your demo account first
Step 5: After testing, if profits go to the real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download