Description
We are excited to introduce our new trading robot M5 SpeedBot, designed specifically for trading XAU-USD (Gold) on the M5 timeframe. This is a fast and precise algorithm focused on short-term market movements, already showing strong results even over a relatively short testing period.
📊 Testing Results
⏱️ Testing period: 24 days
💰 Starting balance: $3,000
🏦 Broker: FXOpen
⚙️ Settings: default (no optimization)
📈 Profit: +58%
📉 Maximum drawdown: up to 5%
It is important to note that the robot has been tested for a limited time only, but even during this short period it demonstrated stable performance with an excellent risk-to-reward ratio.
⚙️ Trading Recommendations
We recommend using a lot size of 0.01 per every $3,000 balance.
Other combinations may also work, but at this moment we have tested only this setup. It performed very well, which is why we confidently recommend it.
🧪 Real-Time Testing Is Essential
We strongly recommend that you:
download the robot file,
install it in MetaTrader 4,
run it in real time, either on a demo account or a live account.
The Strategy Tester helps you understand the general logic and behavior of the robot, but to truly see how it works technically, it must be launched and observed in real-time market conditions.
⚠️ Important Note About Strategy Tester
When testing the robot in the Strategy Tester during weekends, you must set the spread manually.
If you leave the spread as Current, it will be extremely high on weekends, which can seriously distort test results. This point is very important and should not be ignored.
Reviews
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