Fast M1 Gold Scalper
Fast M1 Gold Scalper EA: a high-frequency, fully automated trading robot for MT4, excelling in XAUUSD scalping on M1 with low spreads & 1:500 leverage.
Fast M1 Gold Scalper is an advanced, high-frequency, fully automated trading robot specifically designed for the MT4 platform. It specializes in scalping the XAUUSD (Gold) currency pair using the M1 timeframe. The expert advisor is optimized to perform best with a minimum deposit of $1000 in an ECN-0 Spread or low spread account, and a leverage of 1:500.
This EA operates around the clock, capitalizing on short-term price fluctuations by implementing trend following and reversal techniques. It is crucial to use a broker with an ultra-low spread of 0 or an ECN account, as this will significantly impact the performance of the scalping strategy.
Fast M1 Gold Scalper EA is designed for fast execution, making it essential to have a stable internet connection or use a Virtual Private Server (VPS) for optimal performance. It is important to note that this expert advisor cannot be backtested due to its unique decision-making process that involves cross-calculating volatility and volume, which cannot be accurately accounted for in backtesting.
Specification: Fast M1 Gold Scalper