AutoTrader Sniper Gold EA

AutoTrader Sniper Gold EA, Expert Advisors designed specifically to trade gold. The EA operates using the Gold Gap Trend indicator, so it follows a trend-following strategy.

Indicator description: a trend indicator that can be used for gold and any financial instrument. It does not redraw and doesn’t lag. Recommended time frame is H1.

Recommendations :

• Strategie: Trend, Scalper
• pairs: Optimized for Gold but you can try any pairs
• TF: H1 and try other TF
• Hours: 24H
• DD : upto 30%
• Min Balance: from $1000 for Lot 0.01 per pair
• Return : 50 – 100%

The broker should have low fees, low swaps, and also a fast server. The Trader EA works with any broker and any type of account, but we recommend our clients use one of the best brokers listed below:

Best Broker List :

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	Sydney, Australia	1:1000	$200	ASIC, SCB, FSA
	Register	2010	Melbourne, Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2009	UK	1:888	$5	FCA
	Register	2009	Belize	1:2000	$10	CySEC, IFSC
	Register	2008	Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	Belize	1:3000	$1	IFCS
	Register	2011	London, England	1:500	$25	regulated by CySEC
	Register	2006	Dublin, Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Gold EA Settings : 

• Open new series – on / off beginning of a new series of orders.
• Start lots – start lot.
• Trade Buy – allow the adviser to buy.
• Trade Sell – allow the adviser to sell.
• Use hedge – allow the adviser to trade both direction buy and sell. If off only one trade direction.
• Use Money Management – on / off use of automatic lot calculation.
• Autolot. Free margin for each 0.01 lot – the amount of free margin for opening every 0.01 lots.
• Lot miltiplier – lot multiplier for the following orders.
• TP – take profit, in pips.
• SL – stop loss, in pips from the first order.
• Trail Start – activation of a trailing stop.
• Trail Step – distance from the price when activating a trailing stop.
• DD Reduction Algoritm – drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
• Number order for DD Reduction Algoritm –  from which order the drawdown reduction algorithm is activated.
• Percent profit for DD Reduction Algoritm – percentage of profit when closing orders in the drawdown reduction mode.
• Magic – is a special number that the EA assigns to its orders.
• Fix distance – fixed distance between orders
• Order dinamic distance – from which order will the dynamic distance be applied in order.
• Dinamic distance start – the starting value for the dynamic distance.
• Distance multiplier – the dynamic distance multiplier.
• Start, End hour – time for opening the first order.
• Maximum Lot – maximum lot.
• Maximum spread – the maximum spread for the adviser.

Result of Gold Robot :

You can download AutoTrader Sniper Gold EA  and back-test it. I personally used 99.9% real tick data for back-testing. The majority of the inner parameters are hidden from the user so that even a beginner will not make mistakes.

Download AutoTrader Sniper Gold EA :