Xau Excel EA places pending orders twice a day that are usually filled but only 1 trade is open at a time, does not use additional layering techniques or adding multiple trades on top of losses. Xau Excel is a classic example of a system that uses price action and time-based trading to extract an excellent edge, it uses the market open as a catalyst to detect an early move in the gold pair at the start of the US trading session. Using a tight stop loss of $5, both trades are protected each day.

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/2307

Developer price	~~699 USD~~ FREE for you
Terminal	MT4
Currency pair	XAUUSD
Timeframe	M5
Money management	At least 50 currency units
Recommended brokers	IC Markets, NPBFX
For advisor recommended to use VPS 24/5	Zomro (most affordable Windows server only $ 2.75 per month)

Backtesting:

Backtesting was not carried out as there are account signal from the author, detailed statistics

**Link to monitoring –** **https://bit.ly/3AlDvR0**

Settings:

Conclusion:

The advisor must be installed on two charts with different settings files, they are in the archive with the advisor, which you can download from the links below, do not make a mistake and select the correct set files corresponding to the digit of quotes and time of your broker!!! For example, for the IC Markets broker, use the settings files (2DIGIT-5M)GMT+2.
Overall, a pretty interesting advisor, it is beneficial for both prop users and standard traders. Xau Excel can quickly pass prop firms, and also continue trading on a funded account. Xau Excel is not an HFT bot and does not violate the rules of excess trading volume, so it will work in any prop firm (provided that the XAU spread is regularly offered). In fact, this is a full-cycle solution for all traders. For small traders, it can work on an account of $ 50 and up. Since the system does not trade until the opening of the US markets, all the main news has already passed, so any news releases are avoided.

Functionality tested, in build 1420 working.

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!