EGCX GOLD BOT PRO EA works only on gold, scalping a small number of pips, maybe opening several positions in one direction, but as a rule there are not many of them and orders are not in the market for a long time, which allows to cut losses, has account protection where you can set the maximum loss yourself, you can also set your own daily profit target.
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. In order not to miss any material, subscribe to our telegram channel https://t.me/Fx_VIP
|Money management||At least 1000 currency units|
|Recommended brokers||IC Markets , ALPARI|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
When testing the adviser on history with the default settings, the adviser does not show the best result, at first everything seems to be going well, it shows stable growth, but then at some point there is a sharp drawdown that eats up all the profits. Therefore, we decided to optimize the adviser a little and achieved better results, the screenshot below shows the result of trading with our settings, by the way, you can download the set file from the link in our telegram channel https://t.me/FX_VIP/1842
On the official website where this robot is sold, by the way, for a rather impressive amount, nothing really is said about the logic of its trading, only empty words that this robot uses exclusive algorithms and outstanding strategies, the average monthly return of 20-25% can be more or less depending from the settings, well, etc.
In general, as often happens, the seller tells how good his robot is, shows some pictures with incomprehensible profits, but in fact there is no real evidence and monitoring of real trading.
Such robots immediately arouse distrust and suspicion of fraud in me personally, but we are here to check this robot and let you check it for free and once again make sure that most robots do not deserve our attention, and even more so, to pay for it our hard-earned money.
But nevertheless, if the robot shows poor results with the default settings, we tried to pick up our settings and achieved a good result, at least when backtesting) It is not known how it will behave when trading on a real account, so I recommend testing it first on demo or cent account.
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!
EA not taking any trades in the backtest. Error message showing ” 2022.07.31 15:00:09.287 2022.04.01 01:05:00 EGCX GOLD BOT PRO[www.fx-vip.pro] XAUUSD,M5: lotsize is to small.”
try changing the lot size in the EA settings