Golden Mammoth EA is an automated forex robot usually being sold for 499$. The intelligent algorithm of This Free forex EA accurately determines the trend for the XAUUSD (Gold) trading pair, filters out market noise, and generates entry and exit signals.
The Expert Advisor has aggressive management and trading methods, which allows you to get big profits in a short period of time. The Expert Advisor cannot be tested on history due to the complex algorithm of actions for calculating volumes.
Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how the free forex Robot works, then only use it in a real account.
- Work best on EURUSD, GBPUSD, XAUUSD (Work on any pair)
- Work best on M5 and M15 (Work on any time frame)
- Minimum standard account balance of 1000$ or equivalent cent account.
- For best performance this free forex EA should be online 24 hours, Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
EA Money Management:
- Divide the available capital into 4 parts and invest 1/4 of them into the account.
- Keep 3/4 of your reserve funds in your personal account.
- Withdraw profits every Friday after all transactions are completed.
- After each withdrawal, divide all the capital you have (reserve funds + active funds + withdrawn funds) into 4 parts and start over from 1/4.
- When the loss of the deposit occurs (happens at some point), do not panic, divide the rest of the capital (reserve funds + trading funds) into 4 parts, and start again from 1/4.
- Repeat this process, and you will be profitable.
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