ELITE GOLD SCALPER V1
This is the first Trading Robot that I successfully created and tested for almost a month. It is designed to withstand the volatility of Gold in the Forex Market. When deployed via Meta Trader 5 (MT5), it checks the market trend whether it's an uptrend or downtrend. And when the market condition is confirmed, the Robot will initially enter a trade with a lot size of 0.05.
As mentioned, this is a Gold Scalper Trading Robot. When it enters a trade, it quickly exits when in profit of $5.00. So, what it basically does is called "hit and run" to keep safe all the profits and do it again and again as long as it is on. In that way, profits are secured every now and then, while minimizing the the risk of getting trapped by the market.
When the market moves against its trade, the Robot will execute a recovery entry (first layer recovery) of a higher lot size according to the new trend or candle stick direction. It's purpose is to make a new profit a bit faster in a new or same direction to cover up the previous loss. When the new trade turns positive and generates profit, the robot will check the total gains (new profit less the previous loss), and when the profit is greater, it closes all the trades to avoid more losses and start again.
NOTE: THIS VIDEO TAKES 55 MINUTES, IF IT'S TOO LONG, YOU
MAY FAST FORWARD TO SEE HOW MUCH IT EARNED AFTER 1 HOUR
When the first layer recovery fails, the Robot will still execute 2 more recovery layers. The second layer is higher in lot size than the first, and the 3rd recovery is higher than the second. This is to ensure that with only small market movement, as long as the direction of the trade is right, it can terminate all the losing trades without any losses (or maybe just a little bit) and start a new entry again.
Robot Name: Elite Gold Scalper V1
Target Profit: $100 -$200 Daily
Suggested Capital: $500 - $1000 (Testing with Demo account is a must)
Trading Terminal: Meta Trader 5 (MT5)
Trading Pair: XAU/USD (Tested for Gold Only)
Time Frame: M5
Initial Entry: 0.05
Target Take Profit: Every $5.00
Recovery: 0.13, 0.45 and 1.5 if the previous fails.
Limitations:
There is no such thing as "perfect trading robot" or those that will always win regardless of the market. Market volatility as a result of manipulation could sometimes trap trading robot entries and could result into massive losses. To keep safe from this unsafe market condition, "run only the robot when the trend is clear" and always stick to the suggested time frame (M5).
Be aware that during Fridays, from 4:00PM to 12:00MN better turn off your Trading Robot because this is the time when Gold moves unpredictably crazy due to the volume of trades as the London and New York markets open. If you are outside the Philippines, please check this with your local time.
Always stick to the target profit which is $100-$200 Daily! When hit, turn off the algo and stop running your trading robot. Do it again the next day, when the market trend is stable. By following this simple rule, any unnecessary losses could be avoided.
NOTE:
Buying this Trading Robot for only $50 One-time also includes tutorial how I exactly created this Robot using an AI. So, you are not just buying a Trading Robot or an Expert Advisor, you are buying a knowledge. With that knowledge, you can also create your own Trading Robot in the future which could be more effective and powerful than what I have created. If you will only spend time on getting deep into this, the possibilities are endless and you could be more profitable than any trader in the Forex Market.
