Gold Forex Robot is an automated profitable MT4 robot specially designed to trade only on XAUUSD(GOLD). This EA is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. This article will delve deeper into the features of the MT4 Forex Robot and how it can benefit traders.
The Profitable MT4 Robot uses fundamental market inefficiencies to its advantage to have an edge over the market. It is designed to trade on GOLD with a timeframe of M1. The EA has five predefined set files, essentially five different trading systems on gold. Traders may choose the default option (XAU Risky) or have their preferences.
The Profitable MT4 Robot has demonstrated strong performance both in backtesting and live trading on MQL5. Specifically, 3 of its 4 set files have shown positive results, indicating that the system’s trading strategies and risk management features are effective in the gold market.
Features of Gold Forex Robot
One of the unique features of Gold Forex Robot is that it allows you to retrain the neural network on your broker’s data. This feature means the EA can learn from the market and adapt to new market conditions, making it a flexible and adaptive trading system.
The Profitable MT4 Robot has an advanced news and stock market crash filter. This filter helps traders avoid trading during market events that may cause volatility, reducing the risk of losses. Additionally, the EA has flexible customization with many filters and options, allowing traders to personalize the trading system to their preferences.
The system’s performance is evaluated through a statistic panel with a self-diagnostic system and neural network forecast indicator. This feature helps traders track the system’s performance and make informed decisions about trading.
Recommendations
- The minimum account balance for this EA depends on the settings file you are using
- 1400$ for “XAU Balanced” set file 1:500 leverage.
- 400$ for “XAU Classic” set file 1:500 leverage.
- 50$ for “XAU Risky” set file 1:500 leverage.
- 100$ for “XAU Risky Vol” set file 1:500 leverage.
- 100$ for “XAU Balanced Vol” set file 1:500 leverage.
- Work Best on XAUUSD(Gold). (Work on any currency pair)
- Work Only on M1.
