Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
Forex robot scalper based on artificial intelligence algorithms is an automated system capable of performing operations in the foreign exchange market on the M5 timeframe and using the XAUUSD currency pair. This robot uses technical analysis to determine market entry and exit points and can generate efficient trades in real time.
One of the main advantages of the forex scalper robot is its ability to quickly adapt to changing market conditions. This robot can work on the basis of several trading strategies that have been incorporated into its program code, which allows it to respond to various market situations.
In order for the forex robot scalper to work at a high level, it uses a set of indicators and parameters that were included in its program code. In addition, this robot provides risk protection using money management strategies such as setting loss limits.
In order to determine the best time to enter the market, the forex robot scalper uses technical analysis, and also takes into account fundamental factors that can affect gold prices. In addition, this robot can also use machine learning algorithms to adapt to changing market conditions and make more accurate trading decisions.
Robot Advantages:
- Does not use Martingale. All transactions are opened with the same lot. Lot size does not increase. The trader specifies the lot size in the robot settings.
- The robot limits the potential loss on each trade using StopLoss and TrailingStop.
- Robot scalper, trades intraday. Opens from 5 to 20 trades every day, depending on market activity.
Recommendations for trading:
- currency pair XAUUSD
- M5 period
- minimum initial deposit from $200
- works both on PC and VPS server.
Robot settings:
- Lots - specify the size of the trading lot.
- StopLoss - specify the StopLoss size in points.
- TakeProfit - specify the size of TakeProfit in points.
- TrailingStop - specify the size of TrailingStop in points.
- TickDinamic - parameter for filtering false trades. Using this parameter, the robot determines the speed of price movement. This parameter also helps to determine the strength of the trend.
- period_sar - SAR indicator parameter for market analysis.
- Spread - maximum spread size.
