XAU Paladin EA designed to execute fast and accurate trades using scalping techniques such as trend following and capitalizing on short-term price movements, does not use dangerous trading techniques. The advisor uses the most proven trading principle, namely entering a position in the direction of a clearly defined market impulse and subsequent correction. This principle has proven its reliability since the existence of markets
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2140
Developer price | |
Terminal | MT4 |
Currency pair | XAUUSD, XAUCHF, XAUEUR, XAUJPY, XAUGBP, XAUAUD |
Timeframe | M15 |
Money management | At least 50 currency units |
Recommended brokers | NPBFX, IC Markets, ALPARI |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting was not carried out, since there is live monitoring of the signal on the account from the author; detailed trading statistics can be found below.
Settings:
Conclusion:
I have not yet tested this advisor in real time, but according to its description from the developer, I am already starting to like the advisor, the whole point is that it uses a simple and understandable strategy, each transaction is protected by a SL, which, by the way, is several times less than the TP, as it should be for all the canons of profitable trading, and the advisor does not use dangerous trading methods such as martingale and the like. This is a classic textbook trading strategy that uses reasonable stop loss levels and efficient entry and exit trading logic. All transactions will be closed within 4-6 hours. Built-in volatility filters for each currency for optimization. You can also set the risk as a percentage, and the robot will automatically calculate the lots in accordance with the risk and free margin of your account.
Suggestion: using an ECN or RAW account and a low ping VPS.
I hope this advisor will work really well and I will undoubtedly test it, I also like that you don’t need a large deposit, just $50 on a real account will be enough, and even if something goes wrong and we lose $50, I think this is not such a significant amount and everyone can survive its loss, it is very good when the advisor can be tested on a real account with minimal losses and risks for yourself, and yet I recommend setting up the advisor with a deposit of $50 to trade only one XAUUSD pair.
By the way, the advisor is installed on only one chart, and in its settings you already choose which pairs it will trade on all, on one or several.
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!
miguelangel2507
05/12/23
Hi, I think the EA is broke, he start and in some point the EA start open a lot orders with a huge lots
manuel
02/12/23
Very dangerous EA. Yesterday he ate up a €11,000 demo account during trading in less than 40 minutes. I do not recommend at all. Greetings to all. :-))