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Gold Scalper PRO Review Introduction

The Gold Scalper PRO strategy's principle is to enter in a distinctive market impulse direction and follow correction. A principle that has been around for as long as the markets have existed.
Gold Scalper PRO is not a grid, martingale, or using any other risky strategies, it just employs a classical trading strategy by a textbook using reasonable Stop Loss levels and a prosperous entry and exit trading logic beside an optional money management ATR based algorithm.

License

1 Real Account + 3 Demo Accounts.

Brokers / VPS Recommendations

We recommend Installing Gold Scalper PRO on Commercial Network Services Forex VPS and using it with Tickmill, Alpari or IC markets Forex brokers for the best stability and profitability.

Support

Perfect (24/7) Support by FXAutomater.

User Guide

Detailed manual included in the package.

Updates

Free lifetime updates.

Installing

A setup wizard is available for easy installing beside the EA files.

Refund Policy

60-Day Money-Back Guarantee by FXAutomater.

Supported Currency Pairs

XAUUSD

MT4 Chart Timeframe

M15

Gold Scalper PRO automated trading system is from the team making up “FXAutomater” who have coded a number of Forex trading robots that represent different trading strategies. As the name rightly suggests, Gold Scalper PRO trades on XAUUSD (GOLD instrument).

As Gold Scalper PRO is fully automated any trader with any level of experience can use it, simply it's attached to the MT4 trading platform XAUUSD chart, then it would put, manage and close trade positions automatically.

In order to use Gold Scalper PRO, a trading account with a forex broker must be opened and a deposit of money has to be put into this account (if not demo) to start trading.

A true ECN forex broker is always the best choice as it has the most suitable trading conditions as tight spreads, low commissions, and fast execution speeds.

Gold Scalper PRO 3rd Party Verified Live Trading Results

GOLD Scalper Pro New System by forexwallstreet | Myfxbook

GOLD Scalper Pro New System by forexwallstreet | Myfxbook
Started On
Aug 29, 2019
Leverage
1:500
Broker
IC Markets
Account Type
Demo
Starting Balance
$1,000

Gold Scalper PRO 99.9% Tick Data Quality Backtests

FXAutomater, the developers of Gold Scalper PRO have performed 99.9% quality tick data with real spread backtests, showing historical trading performance over previous periods of time, passing throughout different market conditions. We should mention that certain system backtests can't be considered an indicator of the future trading performance of it but they can give a rough idea of how it could behave in the real money world.

XAUUSD, 2004-2018, Risk: Auto MM, Deposit: $1,000

XAUUSD, 2004-2018,  Risk: Auto MM,  Deposit: $1,000

XAUUSD, 2004-2018, Risk: Fixed Lots, Deposit: $10,000

XAUUSD, 2004-2018,  Risk: Fixed Lots,  Deposit: $10,000

XAUUSD, 2015-2018, Real Tick Data, Variable Spreads, Deposit: $1,000

XAUUSD, 2015-2018,  Real Tick Data,  Variable Spreads,  Deposit: $1,000

GBPUSD Backtests

XAUUSD, 2015-2018, Real Tick Data, Variable Spreads, Deposit: $5,000

XAUUSD, 2015-2018,  Real Tick Data,  Variable Spreads,  Deposit: $5,000

It's unclear if the developer accounted for commissions, slippage, or swaps in his backtesting, factors making a major impact on any trading strategy results, especially small price movements scalping ones like that of Gold Scalper PRO.

Gold Scalper PRO Trading Strategy

  • Advanced News Filter.
  • Stealth mode.
  • Advanced Time Management System.
  • Email and Push Notification system.
  • Friday Exit System.

Gold Scalper PRO includes a built-in Money Management System so the risk can be set in a percentage value to enable the EA to automatically calculate the needed lot size depending on that risk and the account free margin.

An Advanced News Filter is integrated into the EA so trading during the most important news and events can be avoided.

A precisely configurable Time Management System is also integrated so that the Gold Scalper PRO robot will be active to trade only during certain hours, also on individual weekdays.

A Friday Exit system is included in the Gold Scalper PRO, so all the trades can be closed on Friday Evening at the preset time after which trading will be stopped.

Gold Scalper PRO can also send emails and push notifications to the trader's mobile phone to inform him about its trades statuses.

A Manual Trading system option is available in the EA and it allows the trader to open trades manually to be managed automatically by the Gold Scalper PRO. Two buttons are printed by the Gold Scalper PRO on the chart for that purpose, BUY and SELL buttons, if their color turns dark gray, this means that manual trading is denied by the EA due to the current market conditions or the existence of already opened trades.

Gold Scalper PRO Review Conclusion

Overall, the Gold Scalper PRO comes with some advanced features and is fully customizable. It trades infrequently that some traders who prefer more high-octane action may not prefer trading with it.

Enough professional trader can test other additional trading instruments while backtesting Gold Scalper PRO to elevate its trading frequency and create a personalized bespoke set files.

Many other forex robot reviews are published on MyFxBots and other alternative automated trading systems exist.

Talk about Gold Scalper PRO

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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