This Free XAUUSD Scalping Bot operates on the M5 (5-minute) timeframe, focusing on scalping opportunities for the XAU/USD (Gold) currency pair. It utilizes a predefined entry and exit framework to capitalize on short-term price movements.
The XAUUSD M5 Super Scalper Robot’s parameters define its functionality as follows:
- Entry Lot Size: The robot places trades with a fixed volume of 0.10 lots per position.
- Stop Loss: The robot uses a stop-loss level of 3000 pips to account for the high volatility of gold.
- Take Profit: It closes positions at 2500 pips of profit, aiming to lock in gains quickly.
- Indicators: The XAUUSD Scalping Bot does not include technical indicators in its programming. Instead, it relies on its algorithm to analyze price action and predefined trading logic for decision-making.
These settings reflect an aggressive scalping style that balances a higher risk tolerance with opportunities for significant profits.
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Disclaimer: This XAUUSD M5 Super Scalper Robot is for educational purposes and is free to download. Get the Free XAUUSD Scalping Bot and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
