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EX114 - Gold Robot Scalping [Fibonacci Trading Strategy]
$3
The EA "Gold Robot Scalping [Fibonacci Trading Strategy]" is an interesting Scalping strategy that uses an automatically generated Fibonacci Retracement combined with an EMA signal to find trade entry points when the price breaks a Fibonacci level.
The order management system uses a Trailing Stop to protect profits. Initial backtest results show an extremely low Drawdown (4.35%) but profits are not yet very high. This indicates strong risk control potential, but users should perform Optimization and fine-tune the parameters (especially the Trailing Stop value and Fibonacci distance) to further enhance its profitability.
$3
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