Description
FRZ Gold Scalper is a pattern based expert adviser/robot optimized for gold trading (XAUUSD) on MT4 that trades short term price action patterns. The EA will place a buy or sell order according to the price action. It also uses a proprietary smart averaging strategy with optional lot maximizing. The patterns are recognized via indicators that are provided with the EA. The EA has its own algorithm to filter out low probability trades.
Installation Steps
1. Enable Auto trading on your MT4
2. Go to MT4 => Options=>Expert Advisers and allow automated trading, DLL imports, and Web Requests and add following URLs to allowed URLs (for news filter). http://ec.forexprostools.com, http://worldclockapi.com
3. Place EA file in the Experts folder of your MT4
4. Place indicator files in Indicators folder in your MT4
5. Refresh/restart MT4
6. Load the EA on the XAUUSD chart
7. Change the settings if you want
Verified Live Performance on fxblue on a Real Account
Monthly Return
Click above widget to visit the EA page on fxblue for more details.
EA Specs
| Product name | FRZ Gold Scalper |
| Platform supported | MT4 |
| Time frames supported | 5 Minute Charts |
| Trading pair | XAUUSD |
| Suitable market sessions | Works on any session |
| Recommended broker | Any broker with low spreads |
| Recommended min. deposit/lot size | $500 Minimum (considering at least 1:500; if the leverage lower, deposit has to increase proportionately). Recommended lot size: 0.01 per each $500 per pair (0.01 per each $1000 will be safer). It works on cent accounts too. |
| License | Single purchase includes a lifetime license for any two (02) trading account numbers. The two accounts can be either 02 real accounts or 01 demo & 01 real account. The trading account numbers can not be changed, returned or transferred once issued. You can submit your trading account numbers after purchase with this link. You can submit the two trading accounts numbers within six months of the purchase. Additional licenses can be added at an additional fee. The full terms and conditions including the refund policy are given on this page. Existing customers are entitled for free updates subject to our terms. FRZ Gold Scalper MT4 |
| Support | Personalized support (remote desktop/providing set files) on first installation/automation (please request within 14 days of purchase). General live chat, support ticket and email support are available thereafter. However if you need personalized support (remote desktop/providing set files) for any installation/automation beyond this scope, you can always hire one of our experts at an additional fee. FRZ Gold Scalper MT4 |
| Current version | 3.0 |
A PDF user manual will be provided explaining settings.
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Jeremy D –
Works well so far and it is profitable. Please add silver as well.
Husain M –
By far the best Gold trader I have used!