PythonX M1 Scalper XAUUSD MT5
PythonX M1 Scalper XAUUSD is an MT5 Expert Advisor for gold scalping on the 1-minute chart. It employs engulfing patterns, volume filters, and confirmation of trends to make precise entries and exits with strict risk management without martingale or grid.
Platform: MetaTrader 5 (MT5)
Timeframe: M1 (1-Minute Chart)
Trading Instrument: XAUUSD (Gold)
Minimum / Recommended Capital: $200
Product type: NoDLL
$19.99
Table of Contents
ToggleIntroduction about Pythonx M1 Scalper Xauusd
PythonX M1 Scalper XAUUSD is a Gold scalping Expert Advisor for the 1-minute chart in MT5. It’s based on a price-action approach with a focus on engulfing candlestick patterns, volume filters, and trend confirmation for accurate entry and exit points. The EA keeps short-term trade concentration with risk management imposed tightly and martingale or grid methods not practiced.
Official website: https://www.mql5.com/en/market/product/139898
Technical Specifications
| Feature | Details |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Operating Timeframe | M1 (1-Minute Chart) |
| Trading Instrument | XAUUSD (Gold) |
| Minimum / Recommended Capital | $200 |
| Minimum / Recommended Leverage | 1:100 |
| Take Profit Target | 170 pips |
| Stop Loss Limit | 145 pips |
| Trading Availability | Optional 24/7 trading mode |
| Product Type | NoDLL |
Key Futures of Pythonx M1 Scalper Xauusd
- Engulfing Candlestick Pattern: Is the strongest reversal signal, identifying high-probability turning points.
- Commodity Channel Index (CCI): Eliminates overbought and oversold conditions to improve signal accuracy.
- Relative Strength Index (RSI): Confirms trades by ensuring momentum and divergence.
- Exponential Moving Average (EMA) Filter: Aligns entrances with the current direction of the market.
- Volume Spike Detection: Identifies unusual volume of trading, confirming likely breakout or breakdown scenarios.
Installation and Usage Guide
Package Content:
Experts: PythonX M1 Scalper XAUUSD EA V5.0 MT5.ex5
To start using PythonX M1 Scalper XAUUSD MT5, follow these steps:
Step 1: Purchase and Download
- Visit the Algofxbot.com website.
- Navigate to the PythonX M1 Scalper XAUUSD MT5 product page.
- Click the “Buy Now” or “Add to Cart” button.
- Complete the checkout process, providing the necessary information and payment details.
- Upon successful payment, you will receive a download link for the PythonX M1 Scalper XAUUSD MT5 file
Step 2: Install MetaTrader 5 (MT5)
- If you don’t already have MT5 installed, download it from your Forex broker’s website or directly from the MetaQuotes website.
- Install MT5 on your computer, following the on-screen instructions.
Why You Should Buy from Algofxbot
When purchasing Pythonx M1 Scalper Xauusd MT5 from Algofxbot, you will benefit from:
- Professional Customer Support: The support team is always ready to assist you in setting up and using the product.
- Competitive Pricing: Algofxbot offers competitive pricing compared to the market.
- Regular Updates: Our lifetime free updates ensure that you always have access to the latest version and features.
- Proven Track Record: Pythonx M1 Scalper Xauusd MT5 comes with extensive back testing data, demonstrating its consistent performance across various market conditions.
- Our results are transparent and verifiable.
- Ethical and Transparent Practices: We believe in honesty and transparency. We don’t make unrealistic claims or promises. We provide realistic expectations and encourage responsible trading.
- Secure and Reliable: Your account security is vital. Pythonx M1 Scalper Xauusd MT5’s code is encrypted and it is highly secure
If you are looking for a reliable and efficient automated trading tool, Pythonx M1 Scalper Xauusd MT5 is the perfect choice. Explore this product further and start your successful trading journey today.
To learn more about Forex Robots, Forex EAs, and other trading tools, visit Algofxbot’s website. We provide a range of automated trading solutions to help you optimize your trading strategy.
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