The LENA Scalper EA is marketed as an advanced, AI-enhanced trading robot focused primarily on gold trading. It offers a fresh approach to scalping while avoiding risky trading practices such as Martingale and grid strategies. Instead, the developers highlight intelligent stop-loss mechanisms and AI-driven trade validation features.
According to its developers, the LENA EA is built around a strategy that avoids many well-known high-risk trading systems. Instead of large, fixed stop-loss levels or escalating trade sizing, it uses a dynamic stop-loss system supposedly guided by artificial intelligence. This system aims to minimize losses by evaluating the validity of each trade shortly after execution.
Key Strategies of ChatGPT Forex Robot
- Avoid Martingale and Grid Trading – These are considered risky strategies, and ChatGPT Forex Robot claims not to use them.
- AI-Backed Dynamic Stop-Loss – Once a trade is opened using a buy or sell stop, the EA reportedly checks the market every 10 seconds using AI to determine if the price is likely to continue in that direction. If not, it attempts to exit the trade quickly, minimizing potential loss.
- All-Market-Hours Operation – Unlike some systems that recommend pausing trades during major news events, this EA claims to work across all market conditions.
- Trade Filtering for Gold – The Scalper EA is optimized for gold (XAU/USD) and attempts to select only the most “valid” orders for execution.
- AI Modes Available – Users can choose between different levels of AI involvement, from stop-loss positioning and trade execution to full manual trading with AI analysis support.
Recommendations
- Minimum account balance of 100$.
- Works best on XAUUSD. (Work on any Pair)
- It works best on 1H. (Work on any TimeFrame)
- You may need to input your own OpenAI API key into the input parameters for AI features to work.
