GOLD Scalper Pro
GOLD Scalper PRO is One of The Most Successful Expert Advisors for trading on GOLD(XAUUSD)
You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAUUSD).
We have used the most proven trading principle since the markets exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid since the markets exist and it has been widely exploited by the "Smart Money" traders. We know this, because we have used this trading pattern more than 15 years in a different way in many trading systems and it just does not fail.
GOLD Scalper Pro is not just another curve fitted system with a hundred parameters. On the contrary - the trading logic is so strong and reliable, so it needs a few parameters to be profitable.
GOLD Scalper Pro is not a grid, martingale, or other risky strategy - it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.
Here are the key features, which make GOLD Scalper Pro a very good trading system:
As well GOLD Scalper Pro, is equipped with many PRO features like:
GOLD Scalper PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.
Advanced News Filter
GOLD Scalper PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default. If you want to use it you have to enable it and configure it precisely.
Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
This is very important! This is the only way the News Filter to work properly. The information for the coming News and Events is on our website and you have to give a permission to the MT4 terminal to allow connections to our website.
Advanced Time Management System
With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods.
Friday Exit System
We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. GOLD Scalper PRO has a Friday Exit system and you can configure the robot to close all trades on Friday Evening at a desired time and to stop trading after this time.
E-mail and Push Notification System
GOLD Scalper PRO will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. GOLD Scalper PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below GOLD Scalper PRO Settings to learn how to enable Email and Push notifications.
GOLD Scalper PRO comes with Manual Trading system which allow you to open manual trades which will be managed automatically by the robot. The robot print two buttons on the chart BUY and SELL. If you click the BUY button the robot will open a BUY trade. If you click the SELL button the robot will open a SELL trade. The best thing is that the robot will not let you open manual trades in bad market conditions. When the buttons color is dark gray then it means that the manual trading is not allowed for BUY or SELL due to bad market conditions or there are already opened trades.
GOLD Scalper PRO is fully automatic, so you do not have to use this extra feature, if you do not want to open extra manual trades.
Instructions and Recommendations
You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used time-frames are hard-coded.
You can backtest and optimize the EA on M1 chart by “open price only” method – this will be correct enough and you will save a lot of time.
Finally, please, bear in mind that Holy Grail in trading does not exist! Even the best system suffers some bad periods. GOLD Scalper PRO is using very reasonable SL levels, so they can get hit /even repeatedly/ in bad market condition. Please, do not leave negative comments after every SL hit, or losing trade!
GOLD Scalper PRO Settings
==== Risk Management ====
==== General Settings ====
==== TradingLogic Settings ====
==== Dynamic SL & TP ====
==== Notifications ====
==== GMT Settings ====
==== News Filter Settings ====
The News Filter function is disabled by default. It is your personal choice whether, or not to activate this function. The News Filter function can increase the profit factor of the system and reduce the drawdown, but also can reduce the number of the trades and the total profit.
Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com Only this way the news filter will be able to work properly!
You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
==== Time Management Settings ====
Example: MondayHoursForbidden = "9,10,11,12,13,14,15,16";
==== Friday Exit ====
If you decide to use the "FridayExit" option you should set LastTradeHour and ExitHour several hours before the market closing of your broker on Friday.
GOLD Scalper PRO Backtest Result
Below you can check the backtest result of our forex robot - GOLD Scalper Pro - with different risks and trading period.
Below you can check the backtest result of our forex robot - GOLD Scalper Pro - with real tick data variable spreads.
How to backtest GOLD Scalper PRO
If you wish to back-test GOLD Scalper PRO, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the "F2" key of the keyboard. In the list, find the XAUUSD (GOLD) currency pair and double click to expand it. Click "1 Minute (M1)" and then click "Download". When the download process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert the M1 data (repeat this for the rest of the time frames). Close the "History Center" window. Restart the MT4 terminal in any case. Check the below image!
To open the "Strategy Tester" window click the "Strategy Tester" button of the MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window chose GOLD Scalper PRO, chose XAUUSD currency pair, chose M15 timeframe, chose the method "Every tick ...", as shown below. Click "Start" to start the back-test.
The back-test by "Every tick" is the most precise, but it is very slow. If you wish to save time you can run the back-test on M1 timeframe by "Open price only ..." method and this will be correct too.
Gold Scalper PRO is COMPATIBLE WITH MAC OS and Windows OS!
Gold Scalper PRO is compatible with the most well known and used Operating Systems Mac OS + Windows OS. Our developers have been working very hard to adapt Gold Scalper PRO to be compatible with all popular Operating Systems. Mac OS and Windows are the most popular OS around the world and therefore we have developed Gold Scalper PRO to be compatible with them.
Gold Scalper PRO is COMPATIBLE WITH Metatrader 4 (MT4) and Metatrader 5 (MT5)!
Gold Scalper PRO is compatible with the most used metatrader platforms in the forex market - Metatrader 4 (MT4) and Metatrader 5 (MT5).
Buy GOLD Scalper Pro
If you want to trade with GOLD Scalper Pro you have to purchase it by clicking the button below. It will redirect you to the payment page and you will be able to make a payment and start using it on your DEMO or REAL account immediately.