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TM Gold Scalper

The TM Gold Scalper is a scalping breakout strategy. It trades the breakouts from relative highs and lows. It is used for XAUUSD. 

The strategy works with small average profits it is highly recommended to trade with a low spread and commission broker. 

This EA does not use any martingale or grid functionalities. 

 

Requirements

Trading pairs
XAUUSD
Timeframe H1
Minimum deposit  $100
Leverage 1:100 or more
Brokers   Hedging ECN account. Low spreads and zero stops level

Features

- Fully automatic mode.
- Strict use of stop loss management, every trade is protected in advance.

Settings

  • Magic Number
  • Base Lots   (only use when autolot = false)
  • AutoLot     (should use 1% for safe)
  • RiskPercent   
  • Stop loss
  • Take Profit
  • Trail Stoploss
  • Gold Digits (MUST use correct value base on your account)

Setup

- Open H1 timeframe chart for  XAUUSD

- Attach EA to the chart.


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Ya Qiang Ma 2023.02.22 17:27 
 

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Tran Vinh Vu
615
Reply from developer Tran Vinh Vu 2023.02.23 03:01
Seem the spread is higher then 15. So just set trail stop loss to 20 or 25 it will works. I will have a new version to fix problem when the spread > tail stoploss later
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Version 1.9 2024.08.25
Change default setting values
Version 1.8 2023.02.09
- Added "Start Trailing" Parameter
- Fixed some minor bugs
Version 1.7 2023.02.05
- Added BarFilter and MaxSpread parameters
Version 1.6 2023.01.29
fix a minor bug
Version 1.5 2023.01.29
Update to support USDJPY
Version 1.4 2023.01.27
set default risk 1%
Version 1.3 2023.01.08
Update to limit only 1 open Buy and 1 open Sell position
Version 1.2 2023.01.05
Update for more accuracy trade