GOLDEN PIPS PRO EA, prudence first on gold
The GOLDEN PIPS PRO EA is a fully automated robot designed with prudence in mind. What does that entail? Essentially, it means steering clear of risky strategies such as martingale, hedging, or averaging, which often lead to heightened risk exposure over time.
COLOSSAL PROFITS, 0 RISKY METHODS
Specifications
- PLATFORM: MT4
- TF: M5
- PAIRS: XAUUSD (Gold)
- MIN DEPOSIT: From $100
- LEVERAGE: ALL BUT WE USE 1:500
How the Golden Pips Pro EA enters a trade
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, and it achieves that by executing just one trade at a time with a lot size of 0.01.
So, how does it decide when to enter? The strategy revolves around identifying overbought and oversold conditions without succumbing to overtrading tendencies. Consequently, the robot initiates trades when it identifies price levels in those zones.
With a stop loss set at 1000 pips (roughly $10) and a take profit target of 1500 pips (approximately $15), it capitalizes on the significant price swings inherent in gold trading, renowned for its inherent volatility.
One or two trades a day, on purpose
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, which still leaves room for substantial profits. This approach not only minimizes commission expenses in ECN or Pro accounts, but it also mitigates pip losses attributed to spreads in Standard or Cent accounts.
So, let us see how it performed
Installing it on MetaTrader 4
- First, download the file from your account and unzip it.
- Then open MetaTrader 4 and click File > Open Data Folder.
- Next, open the Experts folder inside the MetaTrader data folder and paste the robot there.
- After that, right click Expert Advisors in the Navigator and choose Refresh.
- Now drag it onto a XAUUSD chart and set the timeframe to M5.
- Finally, switch AutoTrading on, so the robot can place its orders.
Who the Golden Pips Pro EA suits
If you’re seeking a dependable and transparent trading solution that offers excellent returns with minimal capital, without resorting to risky or unconventional methods, and provides clear Take Profit (TP) and Stop Loss (SL) parameters, then this robot is your ideal choice.
Keep the terminal online while it works, either on a VPS or on a computer that stays awake. Also, run it on demo first, so the rhythm of one or two trades a day feels normal before real money moves.
Trading leveraged products carries a high level of risk to your capital. Past results do not guarantee future results. You trade at your own risk.
Want to compare more automated gold robots? Then browse all our Expert Advisors.
