SM Gold EA scalper works on the m1 timeframe, but unlike most, it does not trade very often, it uses an averaging system if the deal goes in the opposite direction, you can use SL to protect deals, the EA also uses a trailing stop, transferring deals to breakeven and there is TP.
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
|Money management||At least 100 currency units|
|Recommended brokers||RoboForex, IC Markets, ALPARI|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
Backtesting was carried out for myself to understand how the adviser works, below I will publish monitoring of a real account from the developer, you can get acquainted in more detail by clicking on the link under the image
Although we are shown monitoring on which trading starts with 100 units of currency, I think this is very small for this adviser, since the trading system still implies averaging and gold is a very volatile instrument, so I recommend starting with $1000 for this you need to change the parameter in the adviser settings “RISK” to a value of 10.
I also think that you can experiment with some settings, for example, using stop loss, by the way it is not used by default, the adviser also has an interesting setting that allows you to activate and deactivate trading at certain times and sessions.
First, check and understand how the adviser works on a demo account or cent only after that, if everything suits you, put it on a real account.
I wish you all a Happy New Year, health to you and your loved ones, be happy!!!
IT IS IMPORTANT!!! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1355 AND LIBRARY VERSION FILE msimg32 v18.104.22.168
For the advisor to work, you need to install the library DLL in the root folder of the terminal, please read the instructions, the installation of this advisor may differ from the standard installation – https://fx-vip.pro/libraries-mt4/
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!