- What is the Gold-Specific Forex Robot ‘GoldForexSpectra’?
- Backtest Data for the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Operational Results of the Gold-Specific Forex Robot ‘GoldForexSpectra’
- How to Operate the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Frequently Asked Questions about the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Distribution Conditions for the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Parameter Settings for the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Recommended Parameters for the Gold-Specific Forex Robot ‘GoldForexSpectra’
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What is the Gold-Specific Forex Robot ‘GoldForexSpectra’?
GoldForexSpectra (GOLD Forex Robot) | |
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Robot Type | Trend-following with refined entry points |
Currency Pair | Gold (GOLD, XAUUSD) |
Timeframe | Not disclosed (operates on any timeframe) |
Lot Size | Standard 0.01+ (not available for micro accounts) |
Take Profit Pips | Variable depending on entry points (trailing stop feature available) |
Expected Profit (per day) | Approximately £136 for 0.01 lot (Standard) |
Minimum Capital | £100 (Standard) |
Backtest Data for the Gold-Specific Forex Robot ‘GoldForexSpectra’
Note: The server-side version refers to the version of the EA on the NFX server that distributes logic data to the users’ Forex Robots. We continuously test and update it to ensure the best possible results. The current version of the EA distributed to users is 1.1.
Backtest Results
GoldForexSpectra Server-Side Version 2.1 (from 2024/9/1)
XMTrading Standard Demo Account GOLD (using Axiory for historical data)
Initial Capital : £5,000
Spread : 3.0
Lot Size : 0.5lot (Standard)
Period : 2020/01/01 – 2024/07/31 (54 months, 4 years and 6 months)
① Initial capital of £5,000 grew to £184,478.08 over 4 years and 6 months → Monthly return of 66.4%!
② PF (Profit Factor) → 30.21!
③ Out of 982 trades, 975 were winners → Win rate 99.29%!
- The Unprecedented Recovery Factor of GoldForexSpectra
Operational Results of the Gold-Specific Forex Robot ‘GoldForexSpectra’
Starting with £5,000 – Standard Account R6/9/10~ 0.5lot
▼Click on my avatar to view detailed trade
How to Operate the Gold-Specific Forex Robot ‘GoldForexSpectra’
1.First, start with the recommended capital and lot size.
For a standard account, 0.01 lot per £100.
2. Withdraw all profits only, ensuring the recommended operating capital is maintained, then restart the automated trading with the remaining principal.
Simply repeat steps 1 and 2. This Forex Robot uses a single-position strategy, so it’s unlikely to fail. However, if your account balance drops to a level where margin maintenance becomes an issue, use the profits earned so far to replenish the balance and restart.
Key Points for Operating GoldForexSpectra
- While holding a position, fundamental factors such as economic indicators may lead to losses.
- The Forex Robot is programmed to pause trading for one hour before and after major economic indicators. The AI gathers data from international economic news and overseas analyst reports, and uses this information for technical analysis to open positions. However, due to the unpredictable nature of fundamental factors surrounding these indicators, positions taken before such events may sometimes result in losses.
- Avoid reckless money management.
- Some users set their lot size to double the recommended amount just because it’s a single-position strategy. Even if the entry points are accurate, this doesn’t guarantee you won’t lose. Please follow the recommended capital guidelines.
- Even if you incur a loss, it is highly likely to recover within the month.
- A single stop-loss results in a loss of approximately 22% of the recommended capital. Since Spectra’s monthly expected return is 60% of the capital, even with two losses, you would still end up with a profit. (60% monthly return – 22% loss x 2 = 16% monthly return)
Since this is a single-position Forex Robot, the risk of failure is very low, making it highly likely to generate consistent profits.
Frequently Asked Questions about the Gold-Specific Forex Robot ‘GoldForexSpectra’
- QI’ve started the system, but it’s not opening any positions. Why?
- QHow much of the recommended capital is lost in a single loss (stop-loss)?
- QIs there a chance of failure in the first month?
- QI can’t handle the drawdown. Can I close the trades manually once they show a profit?
Distribution Conditions for the Gold-Specific Forex Robot ‘GoldForexSpectra’
This Gold-specific Forex Robot is available for free if you use a broker account specified by us. However, the following conditions must be met.
- Conditions for Free Use of the Gold-Specific Forex Robot
Parameter Settings for the Gold-Specific Forex Robot ‘GoldForexSpectra’
The parameters that users can adjust are ① and ②.
Please leave all other parameters at their default settings (as shown in the image).
- ①Lot Soze
- ②Minimum Margin Maintenance Rate for New Positions(%)
Recommended Parameters for the Gold-Specific Forex Robot ‘GoldForexSpectra’
- Margin: 0.01 lot per £100 in a standard account
- Monthly Return: 60%
- Operating Time: Fully automated, running full-time (positioning is paused by the server during major economic events).
- Stop-Loss: Yes (The system sets an appropriate SL for each position).
① First, start with the recommended capital and lot size.
② Withdraw only the profits to avoid dropping below the recommended operating capital, and restart the automated trading with the remaining principal.
Simply repeat steps ① and ②.
This Forex Robot uses a single-position strategy, so failure is highly unlikely. However, if the account balance drops to a level where the margin level falls below 500%, even with just a single position, you should replenish the account balance with the profits earned so far and restart.
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