How to properly test the XG Gold Robot in the MetaTrader 4 tester?

• Please select a deposit of 1000, custom date, select Every tick, Spread of 5.0, Select risk to Low or Medium, Risk Percent 10 and click the start button in the MetaTrader 4 tester.

How do I start:

• After purchase the EA, please send us a private message with a screenshot of your purchase confirmation. Go to the Purchases tab and take a screenshot. After you confirm, we’ll send you the manual and access to private group where our support and other users will help you with all the settings and you can talk about this EA.
• Please read the manual you got. It’s available in English, Arabic, Chinese, Dutch, French, German, Italian, Japanese, and Spanish. All of the robot’s functions are described there, and you only need to change a few parameters to make it work with your broker. If you need help, please post your questions in the group and our support will be help you with the settings.
• Turn on AutoTrading in your platform, Add an EA to the H1 chart on the recommended pairs, make the settings according to the manual, and that’s it.
• We suggest using the EA with a broker who has a low spread, a minimum deposit of $1000, a leverage of 1:30 up to 1:1000, and an active news filter. We recommend running the robot on a VPS so that it stays connected for 24 hours and testing the robot on a demo account before adding it to a real account.

Parameters:

• Trading Pairs – GOLD, XAUUSD, XAUEUR
• FIFO – matching the functions of the robot to FIFO brokers
• Filter volumen – a filter that checks the volumen size on Gold
• Weekly Gold Levels – information on weekly gold levels, as well as visible lines on the chart, optional feature that will help you in manual trading
• Risk percent – selecting the size of the lots based on the risk percentage
• Select risk mode – three modes to select the risk, low, medium and high
• Trade Comments – the ability to add your own comment that will be visible to each order in MT4-MT5
• Trade Hours – choose hours that EA will work
• MaxSpread (spread filter is an additional safeguard for trading)
• NewsFilter (true/false) – activation of news filter for blocking new trades during high-impact news
• doNotTradeBefore/AfterInMinutes (number) – minutes before and after the news during which EA cannot place new trades
• ReportFor USD/EUR (true/false)  – choice of the currency for which the news are included in the filter
• AllowTradingOnHolidays (true/false)  – when news filter is active, this function allow to open new trades from new cycles during holidays
• Show panel – we used the same panel design for all of our robots, with daily profit, daily pips, current session, forex calendar and spread displayed, as well as buttons for manually closing positions.
• All our robots are unique, but we use the same panel to display news and other information.

Information:

• Timeframe: H1
• Minimum lots: 0.01
• Platform: MetaTrader 4
• Minimum deposit: 1000
• Leverage: 1:10 up to 1:1000
• Pairs: GOLD, XAUUSD, XAUEUR
• Type of account: Raw, Hedging, Zero, Micro, Cent, Standard, Premium or ECN

Final Word

The XG Gold Robot  offers a powerful solution for traders looking to capitalize on gold market movements. With its specialized features, customizable settings, and robust risk management tools, it’s an excellent choice for both novice and experienced traders alike. Take advantage of the current discounted price and start optimizing your gold trading strategy today.