PLATFORM: MT4
TF: M5
PAIRS: XAUUSD (Gold)
MIN DEPOSIT: From $100
LEVERAGE: ALL BUT WE USE 1:500
COLOSSAL PROFITS – 0 RISKY METHODS
GOLDEN PIPS PRO EA is a fully automated robot designed with prudence in mind. What does this entail? Essentially, it means steering clear of risky strategies such as martingale, hedging, or averaging, which often lead to heightened risk exposure over time.
GOLDEN PIPS PRO EA stands out for its safety-first approach. Operating with an initial capital as modest as $100, it consistently yields over 140% in monthly profits, achieving this feat by executing just one trade at a time with a lot size of 0.01.
So, how does it decide when to enter trades? The strategy revolves around identifying overbought and oversold conditions without succumbing to overtrading tendencies. Consequently, the EA initiates trades when it identifies price levels in these zones. With a stop loss (SL) set at 1000 pips (roughly $10) and a take profit (TP) target of 1500 pips (approximately $15), it capitalizes on the significant price swings inherent in gold trading, renowned for its inherent volatility.
Unlike scalping strategies that frequently engage in overtrading, GOLDEN PIPS PRO EA exercises restraint by limiting trade frequency to just 1 or 2 trades per day, ensuring substantial profits. This approach not only minimizes commission expenses in ECN or Pro accounts but also mitigates pip losses attributed to spreads in Standard or Cent accounts.
So, let’s see how it performed!
