Trading gold is highly attractive to traders due to the market’s high volatility and depth. Many traders face the challenge of deciding whether to invest in gold or engage in scalping. The Greedy Golden trading robot provides a solution to this dilemma. This advanced robot simulates dynamic investment strategies, capturing long-term trends and small fluctuations effectively.

Key Points:

• Optimal Accounts: Use accounts with lower swap or swap-free options for best results.
• Real Monitoring Signals: Signal 1

Recommendations:

• Trading Pairs: XAUUSD
• Timeframe: M5, M15, M30 (M15 is the best)
• Minimum Deposit: $500
• Leverage: Minimum 1:20
• Brokers: Any broker with low swap or swap-free accounts
• Account Currency: USD, EUR

Algorithm Explanation:

The Greedy Golden robot operates with two types of positions: fixed and temporary. Fixed positions aim to maximize profits from major trends, while temporary positions target profits from minor price fluctuations. The robot opens positions by detecting divergence and closes them with a specific profit margin or trailing stop loss. The algorithm is based on divergence detection and capital management, ensuring it avoids dangerous risks and operates safely.

Performance Tips:

– Use accounts with low spreads and commissions.

– Utilize the EA’s time filter during market fluctuations and news events.

– Do not manually alter positions; trust the EA to generate profits as it is designed to be a profitable expert advisor.