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Gold Escavator Trading Bot

4.5

GOLD ESCAVATOR TRADING BOT

A trading bot for XAUUSD.


Lotsize is calculated by  multiplying the lot factor by each 100 USD on account. 

You can adjust your risk level from 1 to 4 to suit your needs;

Advisable to use account sizes of USD 200 and above.

Account types: Hedge accounts, Standard accounts are preferred i.e. no commissions, Use well regulated brokers eg ICMarkets. 

all this provides room for the strategy to work smoothly for stabilized results and removing the possibility of the model crashing.

ADJUST The Time settings to your own time zone because they are calculated using GMT+3


HOW TO USE: A VPS is highly recommended. AWS offers 1 year free trial

NB: These are risky strategies which give good returns over time but also pose a risk of blowing up your account. Use on your own accord.

LINKS

Automatic Pattern and Trendline Analyst : https://www.mql5.com/en/market/product/88794

Automatic Price Action Level Plotter: https://www.mql5.com/en/market/product/94338

MQL5 SIMPLIFIED SUMMARY; learn how to code your own bot 

copyright @ GABRIEL MATOVU, BSc. Quantitative Economics, MAKERERE UNIVERSITY

you can always reach out to me on telegram https://t.me/DrFranzG



Comentarios 2
Harvey Franco
109
Harvey Franco 2023.12.01 10:53 
 

I just started testing this on demo, results are amazing thus far. Do you have it on MT4 also?

Arashthz
14
Arashthz 2024.01.08 13:07 
 

I was backtesting when I updated to version 1.31 and unfortunately it doesn't work for me anymore and even the robot setting was changed. please guide me.

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Filtro:
Arashthz
14
Arashthz 2024.01.08 13:07 
 

I was backtesting when I updated to version 1.31 and unfortunately it doesn't work for me anymore and even the robot setting was changed. please guide me.

Gabriel Matovu
11783
Respuesta del desarrollador Gabriel Matovu 2024.01.08 13:45
The extra setting to allow users adjust the risk parameters but he default settings are extremely fine except the GMT time zone settings are the one you are supposed to adjust to your time zone setting eg GMT+3. Also, the performance increased a lot. If it is no longer working for you, contact me on telegram to see how best I could help: https://t.me/DrFranzG you could also visit algorithmnest.com for more cool stuff
Harvey Franco
109
Harvey Franco 2023.12.01 10:53 
 

I just started testing this on demo, results are amazing thus far. Do you have it on MT4 also?

Gabriel Matovu
11783
Respuesta del desarrollador Gabriel Matovu 2023.12.02 11:34
I only code MT5 bots in my free time. I cant afford doing double work .Alternatively there are more free ones on my profile which are even far better in case you are interested in checking them out. Link for all free bots: https://www.mql5.com/en/users/gabrielmatovu/seller Enjoy
Respuesta al comentario
Versión 1.31 2023.12.30
Improved position management algorithms.
Lower equity drawdown
Very minimal balance drawdown
increased overall performance and ROI
Adjustable risk settings
Time zone settings
Versión 1.3 2023.12.30
Improved graphics panel.
Improved position management algorithms.
reduced equity drawdown
very minimal balance drawdown
increased overall performance
Versión 1.1 2023.09.12
OPTIMISED