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
- 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.
- 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.
- Trading Hours:
- The EA trades during the beginning of the London session.
- 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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Additional Resources
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