The SuperGold EA is an M1 Scalping EA system designed specifically for the Gold (XAUUSD) pair. It aims to capitalize on short-term price movements within the 1 minute timeframe. Here’s a breakdown of its claims and functionality.
The EA monitors the XAUUSD pair, seeking to identify and execute trades based on perceived volatility and directional momentum. It operates on a 1 minute timeframe and aims to capture rapid price fluctuations.
Key Features of M1 Scalping EA
- Accuracy & Performance – M1 Scalping EA is presented as having “exceptional accuracy and performance”.
- Risk Management – Each trade incorporates a stop-loss order to limit potential losses. Trades are automatically closed by 5:00 PM EST daily, preventing overnight exposure. The system is designed to hold only one trade open at a time.
- News Filter – The EA includes a built-in news filter, intended to avoid trading during potentially disruptive news events.
- Speed – The system claims to execute trades faster than manual trading.
- Account Suitability – Designed for both standard and prop accounts.
Recommendations
- Minimum account balance of 100$.
- Works best on XAUUSD. (Work on any Pair)
- It works best on M1. (Work on any TimeFrame)