AutoTrader Sniper Gold EA M4

AutoTrader Sniper Gold EA M4

Overview

The AutoTrader Sniper Gold EA is an EA specifically designed for trading gold (XAUUSD) on the M4 platform. It follows a trend-following strategy based on the Gold Gap Trend indicator. Here are the key details:

• Minimum Deposit: $500
• Timeframe: M15 (15-minute chart)
• Currency Pair: XAUUSD (Gold)
• Strategy Type: Scalping

Key Features

1. Algorithm and Strategy:
   • The AutoTrader Sniper Gold EA uses a unique algorithm developed by the creator, which doesn’t rely on traditional technical indicators or price action patterns.
   • It combines candle data points using the Collatz conjecture, resulting in a novel gold trading strategy.
   • The algorithm has been backtested for 18 years with 99.9% Dukascopy tick data and variable spread.
   • No dangerous systems like grid or martingale are used.
2. Risk Management:
   • Secure stop loss on each trade.
   • Auto lot sizing based on account equity.
   • Recommended minimum deposit: $100 (for low-risk secure trading).
   • Consider using a VPS (Virtual Private Server) for optimal performance.
3. Trading Hours:
   • The EA trades during the beginning of the London session.
4. Optimization:
   • The EA is optimized for gold (XAUUSD) but can also be used on other pairs.
   • Run the EA 24 hours a day with a maximum drawdown of 30%.

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Happy Trading